WSFS Bank Case Study

How WSFS Bank Expanded Its Retail Portfolio, Mitigated Risk and Attracted Younger Borrowers Through Student Lending


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Financial institutions are reconsidering their product offerings to include ways that better serve the needs of young borrowers. Read the full case study to learn how WSFS Bank expanded its retail portfolio through student loan origination and refinancing.
 

The student loan programs at WSFS have been successful:

  • Since their launch in 2013, the programs to date have resulted in over 3,500 loans
  • Nearly 90% of the student loan refinancing borrowers are new Millennial customers to the bank
  • Student loan refinancing provides an opportunity for cross-selling to younger customers for a potential lifetime of lending
Find out why WSFS partnered with LendKey for its turnkey solution and how they successfully launched a digital lending program cost-effectively and in the least amount of time. Download the report today.
 
The State of Student Loans Report