WSFS Bank Launches Food Drive to Combat Food Insecurity

WSFS Bank Champions Food Drive for Local Communities

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (NASDAQ: WSFS), has announced an inspiring initiative aimed at addressing food insecurity in local communities. The annual Food Drive has officially started, encouraging donations from the bank’s Associates, customers, and the wider community. Through these efforts, WSFS aims to tackle the increasing need for food assistance across the Greater Philadelphia and Delaware areas.

The Launch of the Food Drive

The initiative kicked off at WSFS Bank Center in Wilmington and Philadelphia, where they partnered with local organizations, the Sunday Breakfast Mission and Sharing Excess. Associates were thrilled to contribute nonperishable items to support this noble cause. Besides the excitement at the kick-off events, WSFS plans to distribute grocery bags in numerous publications for easy donation drop-offs at banking locations.

Understanding Food Insecurity

According to reports from Feeding America, alarming statistics show that food insecurity affects nearly 44 million individuals in the United States, representing about 13.5% of the population. This increase signifies a growing challenge, as many affected individuals do not meet the qualifying criteria for federal food assistance programs.

Community Response

Vernita L. Dorsey, Senior Vice President at WSFS Bank, emphasized the importance of community effort in combating hunger. She highlighted that many households are struggling due to rising living costs. "Every donation, no matter how small, has the potential to create significant change," she stated, urging those who can contribute to do so.

Partnerships that Matter

Evan Ehlers, Founder of Sharing Excess, expressed excitement about collaborating with WSFS Bank. He noted that the holiday season offers a unique opportunity for community members to make impactful contributions. This partnership has fostered a strong sense of community support and commitment to addressing food scarcity.

A Legacy of Support

This marks the 22nd year that WSFS Bank has joined forces with the Sunday Breakfast Mission. Over the years, their contributions have led to more than 1.3 million meals provided to families in need. Rev. Tom Laymon, from Sunday Breakfast Mission, acknowledged the rise in demand for assistance this holiday season, urging the community to donate generously.

Additional Community Efforts

WSFS Bank is also proudly sponsoring Preston & Steve’s Camp Out for Hunger for the seventh year. This event plays a vital role in supporting Philabundance and their efforts to relieve hunger in the region. Scheduled to take place from December 2-6, it promises to be a significant event in raising awareness and providing assistance to those in need.

Getting Involved

In 2023 alone, WSFS Bank facilitated over 82,000 pounds of food donations through both the Food Drive and Camp Out for Hunger. Individuals are encouraged to take part by donating nonperishable food items at any WSFS banking office until the campaign ends on December 31, 2024. Your contributions can help those who need it most.

About WSFS Financial Corporation

WSFS Financial Corporation stands as a multibillion-dollar financial services company, recognized for its commitment to local banking since its establishment in 1832. As one of the oldest and largest banks in the region, WSFS offers a wide range of financial services designed to meet community needs, maintaining a robust operational presence throughout the area.

Frequently Asked Questions

What is the purpose of the WSFS Bank Food Drive?

The Food Drive aims to combat food insecurity in local communities by collecting nonperishable food donations from residents and supporters.

How can I participate in the Food Drive?

Community members can contribute nonperishable food items at any WSFS banking office until December 31, 2024.

Who are WSFS Bank's partners in this initiative?

WSFS Bank collaborates with local organizations such as the Sunday Breakfast Mission and Sharing Excess to enhance community support against hunger.

What was the impact of the previous Food Drives?

Over the past 22 years, WSFS Bank has helped provide over 1.3 million meals to families in need through its Food Drive initiatives.

Are there other community initiatives by WSFS Bank?

Yes, WSFS Bank also sponsors Preston & Steve’s Camp Out for Hunger, further supporting efforts to alleviate hunger in the region.

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