Business Checking and Savings
We selected the WSFS account closest to your BMT account and that information was included in your Welcome Guide which was sent in mid-February. Our Associates are ready to work with you to make any account adjustments to suit your preferences. We are waiving the minimum balance requirements through September 30, 2022 to give you plenty of time to make sure you are in the right accounts for your needs.
Key things to know about your Business Checking and Savings Account:
- Account Numbers: In most cases business checking, savings, and money market account number(s) remained the same. In the instance that an account number changed, you were notified in the Welcome Guide sent mid-February.
- Fee Waiver Period: The minimum balance requirements, item counts, and inactive/dormant fees will be waived through September 30, 2022.
- Statements: You received a final statement for all your accounts as of Friday, March 18. You will receive your statement(s) on or about the same time you received it from BMT. If you are enrolled in online statements, you were automatically enrolled in online statements through WSFS Online Banking.
- Checks: If your account number remained the same you can continue to use your current supply of checks and do not need to order new ones. If your account number changed you received an initial supply of WSFS checks prior to conversion.
- Automatic Payments/Withdrawals: If there was no change to your account number, direct deposits or automatic payments/withdrawals it will continue without disruption. If the account number changed, it is necessary for you to update your account information. Automatic payments or withdrawals posted on or after March 21, 2022 with old account information and the old bank routing number will be honored and processed by WSFS Bank for six (6) months after conversion; this does not apply to automatic transfers for loan payments as they will continue without disruption
- Overdraft Protection: Overdraft Protection transfers from a BMT deposit or line of credit account to a checking account will continue uninterrupted.
Business Online Banking Demos 
Commercial Loans, Mortgages and Lines of Credit
- Unless otherwise notified, there was no change to the terms and conditions of any business loan, mortgage, or line of credit as a result of this conversion.
- In some cases, loan account numbers needed to change. In these instances, you were notified in the Welcome Guide was sent mid-February. If your loan account number changed you need to provide your new account number and the WSFS routing number (031100102) to originators of automatic payments or online bill payments through another institution.
- Any automatic deductions from a converted BMT checking account or other bank account for payments on your loan will continue without disruption.
- Originators of automatic payments or online bill payments through another institution need to be notified of your new loan account and routing number.
- You can mail payments to the address indicated on your WSFS loan. We encourage you to pay special attention to the payment address and due date on your statement as the address may change.
Business Debit Card
- Debit cardholders received a new debit card with a new card number prior to conversion. Your WSFS debit card PIN will remain the same as your BMT debit card PIN. If you are using card controls in BMT’s mobile app, you will need to reset these controls in the WSFS mobile app.
Online Banking, Mobile Banking and Bill Pay
WSFS Business Online Banking by visiting wsfsbank.com and selecting “Login” then “Business Online Banking” or by clicking here.
Key things to know about Business Online and Mobile Banking:
- User IDs: Unless notified, should use your current user ID; however, the user ID will need to be entered in all lower case.
- Company IDs: With WSFS’s Business Online Banking all businesses need to enter a Company ID along with a User ID. All administers should have received their login credentials.
- Passwords: You will need to use a new initial password. You will be prompted to create your own password after you login for the first time.
- Account History: January, February and March account history was converted over. However, there may be a delay in seeing account transaction detail and the running balance until March 25, 2022.
- Account Nicknames and Alerts: If you personalized the way your account name appeared in online banking or set up alerts, you will need to re-establish these.
- Online Statements: If you are currently enrolled in Online Statements at BMT you were automatically enrolled in WSFS Online Statements.
- Internal Transfers: Scheduled internal transfers were not be converted post conversion. You will need to reschedule any future or recurring account transfers. Pending transfers through Friday, March 18, 2022, were processed; transfers scheduled after March 18, 2022, will need to be rescheduled in WSFS Business Online Banking.
- ACH & Wires: Your templates transferred to WSFS automatically. If you have any templates in foreign currency, verify the default currency prior to initiating. Wire transfer hours at WSFS are 7am to 5pm ET for domestic and 7am to 3:30pm ET for foreign currency and USD International.
- QuickBooks: You need to modify your QuickBooks settings to ensure that your connectivity transfers smoothly.
- Loans: Loan activity will become available online on Tuesday, March 22, and loan payments can be made online beginning March 22.
- WSFS Business Mobile Banking App: In order to use the WSFS Mobile Banking App, you must first successfully login to online banking. You will use the same username and password as you do with online banking. Download the app by visiting the Apple App Store or Google Play store (Android).
Merchant Services
BMT Merchant Services Customers can continue processing without interruption. Users of other merchant services providers should give those providers your new account information, if applicable.
Frequently Asked Questions
Q. When can I start banking at WSFS branches and ATMs?
A. You now have access to a combined network of over 90 banking offices and 600 ATMs. Find a Branch or ATM
Q. What if I have a question that hasn’t been covered?
A. WSFS representatives can be reached at 1.844.WESTAND during the following times:
Monday - Friday: 7:00 a.m. – 7:00 p.m.
Saturday and Sunday: 9:00 a.m. – 3:00 p.m.
Q. How did you determine which WSFS account my account would be transferred to?
A. We automatically selected the WSFS accounts closest to your BMT accounts. We provided you all the details about your new accounts in the Welcome Package we sent starting February 17. Our Associates are ready to work with you to make any account adjustments to suit your preferences. We are waiving the minimum balance requirements through September 30, 2022 to give you plenty of time to make sure you are in the right accounts for you.
Q. Will I be able to keep my current account numbers?
A. In most cases, your checking, savings, money market, and CD account numbers has remained the same, and you can continue to use your existing BMT checks. If an account number needs to change, you were notified directly.
Q. Are my existing direct deposit(s), automatic payments or withdrawals be impacted?
A. In most cases, no. Direct deposits, automatic payments or withdrawals will continue as established at BMT without interruption as long as your account number remained the same. In the rare case that your account number changed, you will need to make sure the originators have your new account and routing numbers for their records.
Q. Can I continue to use my BMT checks?
A. If your account number remained the same, you can continue to use your current supply of checks and do not need to order new ones. If your account number changed you received an initial supply of WSFS checks prior to conversion.
Q. How do I log in to WSFS Business Online Banking?
A. You can now access WSFS Business Online Banking by visiting wsfsbank.com and selecting “Login” then “Business Online Banking” or by clicking here.
Q. Will I have to re-establish my bill payees?
A. No. The payees were converted over for you.
Q. Did the timing of online bill payment change from BMT’s bill pay service?
A. The timing of when the funds will be taken out of your account to cover bill payments did change. The funds to cover bills paid via check is taken out five business days before payment is due. The funds to cover bills paid via ACH is taken out three business days before the payment is due.