WILMINGTON, DE — WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), has appointed Frank McGrane as Executive Vice President and Chief Credit Officer (CCO). In this new role, McGrane will report directly to Christine Davis, Executive Vice President and Chief Risk Officer.
With nearly four decades of experience in banking, McGrane brings extensive expertise in credit risk, lending, and relationship management. He most recently served as WSFS’ Deputy Chief Credit Officer and succeeds Liam Brickley, who is retiring.
As CCO, McGrane will oversee the administration of WSFS Bank’s commercial, consumer, and other credit exposures, in addition to managing loan policies and procedures. His appointment underscores WSFS’ focus on maintaining strong credit oversight as the bank continues to expand.
“Frank’s decades of experience with credit risk and lending make him a natural fit to oversee WSFS’ credit exposures,” said Davis. “He will play a critical role as WSFS continues to grow and build upon its strong foundation.”
McGrane began his career in credit and lending and has held senior leadership positions at institutions including Citizens Bank, Mellon Bank, Chemical Bank New Jersey, and Irving Trust Company. His background spans middle market and corporate relationship management, portfolio oversight, and credit risk administration.
In addition to his professional accomplishments, McGrane holds an MBA from the University of Notre Dame and studied computers and information systems at King’s College. He is an active member of the Risk Management Association and volunteers with several community organizations, including Covenant House of Pennsylvania, The Friends of Radnor Library, Cradles to Crayons, and the Notre Dame Club of Philadelphia.
“WSFS Bank’s credit team works alongside our bankers to serve the ever-changing needs of our clients and communities,” said McGrane. “I look forward to building upon that legacy as our capabilities continue to expand.”
McGrane’s leadership is expected to support WSFS’ commitment to responsible growth and strengthen its position as a leading financial institution in the region.
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