**Annual Percentage Yield (APY) is current as of October 4, 2023, and is subject to change. The minimum deposit to open and minimum balance required to earn the disclosed APY is $2,500. A penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. Other terms and rates are available. Additional terms and conditions may apply. Offer not available for municipal deposits or brokered CDs.
Planning for regular expenses can be difficult enough, particularly during periods of high inflation, but what if you’re faced with a financial emergency? A recent WSFS study found that building an emergency fund was a goal for 52% of regional respondents.
Budgeting and saving play a key role in your financial journey, particularly when it comes time for larger expenditures. A recent WSFS study found 35% of regional respondents had a goal to save for a large purchase such as a wedding, car or vacation, but 25% of respondents with this goal were less confident they could achieve it than they were last year.
With inflation continuing to drive costs higher for everyday products and services, large purchases like vehicles and more, many people are looking for ways to save and keep a balanced budget in any way they can.