WSFS is serious about safeguarding your personal and financial information.
At WSFS Bank we’re prioritizing your security, whether you are using one of our digital channels, banking by phone or in person at one of our banking offices. We use a variety of security solutions and tools to keep you secure. Various monitoring systems watch activity across the internet to detect out-of-pattern activity to identify and prevent fraudulent transactions and quickly notify WSFS personnel when detected. This gives us the ability to act against any attacking domain. Though we provide secure online banking sessions, we recommend you follow best practices for online banking and steps to help protect your computer and mobile devices.
Below you will find additional security information that we recommend all of our Customers review:
More ways to help safeguard your accounts.
Each October since 2004 has marked Cybersecurity Awareness Month, a collaboration between government and the private sector to educate consumers on ways to stay safe online.Read More
According to the Federal Trade Commission, consumers lost $330 million to text message scams in 2022, with fake bank security messages the most common type of scam.Read More
If you have a mailbox, then odds are you’re no stranger to junk mail. And if you’ve also closed on a loan recently, whether a mortgage for your home or loan for your business, it is likely you’ve received quite a few solicitations in your mailbox that look as though they could be from your lender.Read More
Thirty-six percent of all U.S. banking customers said they have experienced some kind of financial fraud in the past 12 months, according to J.D. Power, with unauthorized purchases on debit cards being among the most common occurrences.Read More
Artificial intelligence (AI) can be a powerful tool, but what happens when it falls into the hands of scammers? While AI can help with things like chatbots for customer service and writing emails, it can also be leveraged by nefarious actors through deep fake scams that can mimic human voices, create fake videos, photos and more to take advantage of unsuspecting victims.Read More
Love is in the air as wedding season heats up alongside the weather. But if you’re the unlucky victim of social engineering, which is when scammers manipulate their victims psychologically to get them to provide sensitive information, you may be left with more than just a broken heart.Read More
Fraud has continued to rise in recent years, with the Federal Trade Commission reporting that consumers lost nearly $8.8 billion to fraudulent schemes in 2022, a 30% increase from the year prior. Figures reported by the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) indicate check fraud has risen significantly recently, with a whopping 239% increase in incidents between 2020 and 2022.Read More
Tax season is underway, and after a year with soaring inflation and rising interest rates, many consumers are looking forward to a tax refund to help cover their expenses. Unfortunately, fraudsters have been known to target tax season for various scams looking to make a quick buck from unsuspecting victims.Read More
Peer-to-Peer (P2P) payment platforms such as Zelle®, Venmo, PayPal and CashApp have continued to rise in popularity in recent years, and for good reason. These platforms can make it quick and simple to transfer money to friends and loved ones without the need to visit your bank, an ATM or cut a check. While P2P payments can help streamline your finances, it is important to use them properly to avoid falling victim to fraud.Read More
Whether it’s digital fraud, phishing and spoofing, or check and payments fraud, the reality is that many businesses (71%, according to a 2022 AFP Payments Fraud and Control Survey) unfortunately experience fraudulent schemes or attempts that can cost them time and money.Read More
To keep Customers up to date with important information, WSFS Bank will occasionally communicate via our secure text notification service. With this service, Customers will receive a text notification with a link to a communication feed. This feed will provide account information, special announcements, and other relevant content.Read More