Beneficial Bank: WSFS combines two business inherited from Beneficial

WSFS Financial Corp. said it has combined the two equipment finance subsidiaries it inherited from March's $1.2 billion acquisition of Beneficial Bancorp and then rebranded the new entity. NewLane Finance will be the name of the bank's equipment financing business division following the combination of Neumann Finance and Beneficial Equipment Finance Corp. Wilmington-based WSFS (NASDAQ: WSFS) did not have an equipment finance business line before the Beneficial deal. But after the acquisition...