WSFS Bank, the primary subsidiary of WSFS Financial, named Frank McGrane as executive vice president, chief credit officer (CCO). He will report to Christine Davis, executive vice president, chief risk officer.
“Frank’s decades of experience with credit risk and lending make him a natural fit to oversee WSFS’ credit exposures,” Davis said. “He will play a critical role as WSFS continues to grow and build upon its strong foundation.”
McGrane’s responsibilities as CCO include oversight and administration of WSFS Bank’s commercial, consumer and other credit exposures as well as loan policies and procedures. McGrane most recently served as WSFS’ deputy chief credit officer and will be taking over for Liam Brickley, who is retiring.
“WSFS Bank’s credit team works alongside our bankers to serve the ever-changing needs of our clients and communities,” McGrane said. “I look forward to building upon that legacy as our capabilities continue to expand.”
McGrane brings nearly 40 years of banking experience in middle market and corporate relationship management, portfolio management and credit risk administration. Over McGrane’s career, he has held steadily increasing leadership positions across several financial institutions including Citizens Bank, Mellon Bank, Chemical Bank New Jersey and Irving Trust.
McGrane holds an MBA from the University of Notre Dame and studied computers and information systems while at King’s College. He is a member of the Risk Management Association and does volunteer work with Covenant House of Pennsylvania, The Friends of Radnor Library, Cradles to Crayons and the Notre Dame Club of Philadelphia.
