SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) October 28, 1996
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WSFS FINANCIAL CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
Delaware 0-16668 22-2866913
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(State or Other (Commission File Number) (I.R.S. Employer
Jurisdiction of Identification Number)
Incorporation)
838 Market Street, Wilmington, Delaware 19899
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (302) 792-6000
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Total number of pages 3.
Item 5. Other Events
On October 28, 1996, the Registrant announced that its Board of Directors
had approved a second stock repurchase program to purchase up to 10% of the
Registrant's outstanding common stock, $.01 par value per share (the "Common
Stock"). Under the new repurchase program, stock repurchases may be effected
through open-market repurchases and privately negotiated transactions. As
previously announced, the Registrant completed a stock repurchase program during
the first half of 1996 in which 5% of the Common Stock was repurchased.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
WSFS Financial Corporation
Date: November 1, 1996 /s/ MARVIN N. SCHOENHALS
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Marvin N. Schoenhals
President and Chief Executive Officer