Small 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 needed to change, the new account number(s) was included in the Welcome Guide sent in 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 is no change to your account number, automatic payments/withdrawals will continue without disruption after conversion. If the account number changed, it is necessary for you to update your account. 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.

Small Business Loans, Mortgages and Lines of Credit

Unless otherwise notified, there is no change to the terms and conditions of any small business loan, mortgage, or line of credit as a result of this conversion.
In some cases, loan account numbers changed. In these instances, you were notified in the Welcome Guide sent mid-February. If your loan account number is 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 will need to be notified of your new loan account and routing number.
You can mail payments to the address indicated on your WSFS loan statement. 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

Business 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.

Online Banking, Mobile Banking and Bill Pay

You now have access to your accounts by visiting www.wsfsbank.com/login. If you are a current BMT business Customer with cash management services, please visit the Commercial section for information and instructions for our Business Online Banking and Mobile Banking solution.

Key things to know about Consumer and Small Business Online and Mobile Banking:

Login: Consumer and Small Business Online Banking
User IDs: Unless notified, you will be able to use your current user ID; however, the user ID will need to be entered in all lower case.
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.
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 will automatically be enrolled in WSFS Online Statements.
Transaction Details and Running Balances: For your first few days as a WSFS customer, you may notice a delay in updating transactions online. However, your available balance will be shown correctly in Online Banking, and these updates will be functioning normally by Thursday, March 24. Thank you for your patience.
Mobile Deposits: You can deposit checks until 7pm for same-day processing. Checks deposited on weekends, holidays, or after 7pm will be processed the next business day.
Quicken or Mint: You need to modify your settings to ensure that your connectivity transfers smoothly on March 21. Conversion instructions:
- Quicken – Click Here
- Mint – Click Here
WSFS Mobile Banking App: In order to use the WSFS Mobile Banking App, you must first successfully login to online banking. You need to 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).

Key things to know about Bill Pay

Payees: Your bill payees were automatically converted over and are available.
Recurring Payments: All recurring payments were converted over.
History: Six months of bill pay history was converted over; however, the history will not appear until March 25.
Payment Timing: The timing of when the funds will be taken out of your account to cover bill payments has changed. 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.

Business Credit Cards

If you have a current BMT Business credit card issued by Elan Financial Services, you can continue to use it as it will still be managed by Elan and will not move to WSFS. You should continue to make payments as you currently do. Please contact the telephone number listed on the back of your cards for any questions. All BMT Customers are invited to learn about and apply for our WSFS Bank Business Cash Back Visa Card.

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. How do I activate my debit card?

A. You can activate your debit card by using your Personal Identification Number (PIN) at any ATM or by calling 1.877.260.2527.

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 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 have remained the same, and you can continue to use your existing BMT checks. If an account number needed to change, we’ll notify you 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 remains 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 has changed you will be receiving an initial supply of WSFS checks prior to conversion.

Q. How do I access WSFS Online Banking?

A. You can access WSFS Online Banking by visiting wsfsbank.com/login.

Unless notified otherwise, you will use the same username as your BMT Online Banking, typed in all lowercase. Your temporary password is “wsfs” and the last four digits of your social security number. Example: wsfs0000.

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.