Delaware Business Now
Good afternoon,
Today we learned that Marvin Schoenhals formally retired from Wilmington-based WSFS Financial Corp. after three decades.
He most recently served as a member of the board of directors after stepping down as chairman a few years ago.
As board chair and CEO Roger Levenson noted in a social media post announcing his retirement, Schoenhals came to WSFS to “save the bank.”
He achieved that goal and much more in getting WSFS back to the basics of good banking.
Schoenhals put together a team that had its eye on the future, building out an automatic teller-cash filling system while investing in and selling off businesses in areas that included reverse mortgages and an online bank.