WSFS forms limited-purpose trust

WSFS Financial Corporation has formed a new trust company.

Christiana Trust Company of Delaware, a limited-purpose trust company, will be a wholly-owned subsidiary of WSFS. The Delaware-charter company will offer Delaware Advantage trust services, including directed trusts, asset-protection trusts and dynasty trusts.

“We are excited to have a Delaware-chartered trust company, which will put us in a better position to
compete in the Delaware Advantage marketplace and to greater serve our clients and referral
sources,” said Louis W. Geibel, Senior Vice President, Chief Trust Officer, Christiana Trust, who will also
serve as President of the new trust company.

Share This Post

Post Comment