Admirals Bank was a federally-chartered mutual savings bank, formerly headquartered in Boston, MA, with significant operations in Providence, RI. It specialized in residential lending, including home improvement loans (both Title I and private) and innovative renewable energy financing solutions for homeowners nationwide. Founded in 1986, Admirals Bank built a reputation for its customer-centric approach and expertise in niche lending markets. In January 2019, Admirals Bank was acquired by WSFS Financial Corporation (NASDAQ: WSFS), and its operations, assets, and customer accounts were integrated into WSFS Bank. The Admirals Bank brand is no longer active as a standalone entity.
This location served as the main corporate office, responsible for executive leadership, strategic planning, administrative functions, and oversight of banking operations prior to the bank's acquisition by WSFS.
Situated in a prominent commercial district (Boston's Back Bay), the headquarters offered a professional and accessible environment. Specific internal architectural highlights of the leased office space are not widely documented publicly.
As a community-focused bank with national lending programs, the work culture at Admirals Bank likely emphasized customer service, innovation in lending, collaboration between departments, and specialized financial expertise. Post-acquisition, employees were integrated into WSFS's corporate culture.
The Boston headquarters was central to Admirals Bank's identity and its operational command, driving its growth in specialized lending and its presence in the New England financial landscape until its acquisition.
Prior to its acquisition by WSFS Financial Corporation in 2019, Admirals Bank operated exclusively within the United States. Its physical offices were located in Boston, MA (headquarters), Providence, RI (major operations center), and a loan production office in Washington, D.C. While some of its lending programs, particularly for home improvement and renewable energy, were available to customers nationwide, the bank did not maintain international branches or conduct direct global operations. All services were targeted towards U.S. based customers and markets.
250 Boylston Street (Former)
Boston
MA
USA
Address: 15 Park Row West, Providence, RI 02903, USA (Former)
Served as a critical center for loan origination, underwriting, servicing, and support staff, leveraging Rhode Island's rich talent pool in the financial services sector.
Address: (Specific address not widely publicized) (Former Loan Production Office)
Extended Admirals Bank's lending footprint and client engagement capabilities into a key metropolitan market for specific financing solutions.
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As of April 2025, Admirals Bank' leadership includes:
Admirals Bank has been backed by several prominent investors over the years, including:
Admirals Bank was acquired by WSFS Financial Corporation and its operations were fully integrated in early 2019. Consequently, 'Admirals Bank' no longer operates as an independent entity, and there have been no executive hires or exits specifically for this historic name in the last 12 months. Any leadership changes relevant to its former operations would occur within the WSFS Bank organizational structure.
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Prior to its acquisition and the deactivation of its independent domain (admiralsbank.com), Admirals Bank likely utilized standard corporate email formats. Common patterns included first initial followed by last name, or first name separated from last name by a period. The admiralsbank.com domain is no longer active for email communication.
f[last]@admiralsbank.com (e.g., jdoe@admiralsbank.com) or [first].[last]@admiralsbank.com (e.g. jane.doe@admiralsbank.com)
Format
jdoe@admiralsbank.com
Example
0%
Success rate
WSFS Bank / Business Wire • January 2, 2019
WSFS Financial Corporation (NASDAQ: WSFS), the parent company of WSFS Bank, officially announced the completion of its acquisition of Admirals Bank, and its parent company, Admiral Financial Corporation, effective January 1, 2019. The acquisition expanded WSFS's commercial and consumer lending capabilities, particularly with Admirals Bank's nationwide home improvement lending and renewable energy financing businesses....more
WSFS Bank / GlobeNewswire • August 14, 2018
WSFS Financial Corporation announced the signing of a definitive agreement to acquire Admirals Bank and its parent company, Admiral Financial Corporation. The deal highlighted Admirals Bank's attractive niche lending businesses, approximately $481.1 million in assets, and its ~170 employees....more
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