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Admirals Bank's Overview

Total employees170
HeadquartersBoston
Founded1986

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 The Admirals Bank brand is no longer active as a standalone entity.

Where is Admirals Bank's Headquarters?

HQ Function

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.

Notable Features:

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.

Work Culture:

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.

HQ Significance:

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.

Values Reflected in HQ: The choice of a professional location in a key business district likely reflected values of stability, credibility, customer accessibility, and engagement with the broader financial community.

Location:

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.

Street Address:

250 Boylston Street (Former)

City:

Boston

State/Province:

MA

Country:

USA

Admirals Bank's Global Presence

Providence, RI, 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.

Washington, D.C., USA

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.

Buying Intent Signals for Admirals Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Admirals Bank

As of April 2025, Admirals Bank' leadership includes:

Nicholas W. Lazares - Former Chairman and Chief Executive Officer
Mark W. Miletich - Former President and Chief Operating Officer
Robert E. Pepe - Former Executive Vice President, Chief Financial Officer
Daniel M. Oloyede - Former Executive Vice President, Chief Banking Officer

Investors of Admirals Bank

Admirals Bank has been backed by several prominent investors over the years, including:

Formerly a federally chartered mutual savings bank, meaning it was owned by its depositors.
Acquired by WSFS Financial Corporation (NASDAQ: WSFS) in a transaction completed in January 2019.

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

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.

Technology (Tech Stack) used by Admirals Bank

Discover the tools Admirals Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Admirals Bank Email Formats and Examples

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

News and media

WSFS Bank / Business WireJanuary 2, 2019

WSFS Completes Acquisition of Admirals Bank and Welcomes New Customers

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 / GlobeNewswireAugust 14, 2018

WSFS Financial Corporation Announces Agreement to Acquire Admirals Bank

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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