If your commercial banker works at Christiana Trust, it’s time to update your phone contact list.
WSFS Bank, primary subsidiary of WSFS Financial Corporation, has placed its corporate trust and institutional services under the new name, WSFS Institutional Services.
Those services have fallen under the Christiana Trust name since 1993. The change reflects a strategic shift to bring more services under the WSFS brand.
“Our new name more accurately reflects the solutions and expertise we offer to institutions and entities, and differentiates our institutional arm from the individual and family trust services of our existing Christiana Trust business,” said Louis W. Geibel, senior vice president and chief trust officer at WSFS Bank. “We have developed a strong and successful national and international business in WSFS Institutional Services, and we are excited to align it more closely with the WSFS brand.”
WSFS Institutional Services will continue to provide owner and indenture trustee services for asset-backed securities, indenture trustee for corporate debt issuances, administrative and collateral agent for the leveraged loan market, as well as custody, escrow, verification agent and independent director services.