WSFS Financial in Wilmington, Del., has formed a health care banking division after hiring a banker from Fulton Financial.
The $20.6 billion-asset WSFS said in a press release Monday that Kevin McKeown had become its director of health care banking. He will report to Jim Wechsler, the company’s chief operating officer, commercial banking.
The group will focus on senior living and long-term care facilities, while building out the expertise and products for other health care businesses.
“Establishing a health care vertical … positions us well to serve this growing and vibrant industry sector, and we look forward to Kevin’s contributions as he leads these efforts,” Wechsler said in the release.
“Kevin brings nearly 30 years of experience specializing in healthcare financial services to WSFS, and we’re excited for the growth potential as we continue to capitalize on the market opportunity,” Wechsler added.
McKeown recently served as director of health care banking at Fulton.