Delaware-headquartered WSFS Bank has reinforced its private banking business by appointing Denise Allen and Laura Phillips - latterly of Wilmington Trust - as portfolio manager and vice president/relationship manager respectively.

Allen provides client support in the delivery and maintenance of credit and deposit products in southern Delaware. Prior to WSFS, she spent 31 years at Wilmington Trust, which is part of M&T Bank.

Phillips serves WSFS Wealth Management clients, while also working to develop new relationships throughout southern Delaware. She was at Wilmington Trust for 35 years.     

Meanwhile, the bank has hired Bob Matsko - whose previous experience includes six years as a financial advisor at Merrill Lynch Pierce Fenner & Smith - as a vice president and commercial real estate relationship manager.

In related news, at the end of 2012 WSFS Bank appointed Mark Gordon as director of private banking within its wealth management division. Gordon had been at the bank since 2007, when he joined as vice president within the commercial banking division.

WSFS Bank is owned by New York-listed WSFS Financial Corporation and has about $1.1 billion in assets under management.