Knowledge Center

WSFS and Bryn Mawr Trust Provide 6abc Viewers with Tips and Advice on Money Management, Investing and Buying a Home

In the current economic environment and housing market, with rising interest rates and inflation at its highest in 40 years, consumers are looking for expert advice to help them manage their money in challenging times. WSFS and Bryn Mawr Trust were recently featured on two 6abc programs aimed to help consumers overcome obstacles to achieve financial success, navigate the housing market, and wisely invest in their futures.

Market Minute

The markets and the economy are ever-changing, making it hard to keep up sometimes. Let WSFS help you make sense of it all. Tune in to our Market Minute update from Andrew N. Davis, CFA®, Director of Research at West Capital Management, a subsidiary of WSFS Financial Corporation.

Rental Market Pricing You Out? Buying a Home May be a Better Bet

For the past several months, home prices have been rising at rapid rates, making it difficult for prospective homebuyers to find the right home because of a tight and highly competitive market.

WSFS Bank Recognized as One of the 50 Most Community-Minded Companies in the Greater Philadelphia Region by The Philadelphia Foundation

For nearly 200 years, WSFS has done more than just serve Customers inside the walls of its banking locations, giving its time, talent and resources to support local nonprofits, organizations, and initiatives that strengthen its communities.

Paving the Way for Women in Commercial and Industrial (C&I) Banking

Financial Services remains a field in which women are largely underrepresented, and the disparity becomes more apparent as they climb the ladder. According to McKinsey, women make up 53% of the entry-level banking workforce but less than one-third at the Senior Vice President and C-suite levels. At WSFS, some of the leadership positions within Commercial and Industrial (C&I) banking are held by women.

How to Invest When Both the Stock Market and Bonds Are Falling

A portfolio balanced between both stock and bond holdings has been a classic strategy for investors throughout market history. Although equites generally outperform bonds in the long run, the stock market can be volatile.

Navigating College, Majors and Internships: Meet Annie Holmes

College can be both the most fun and most stressful four years of your life. You find your lifelong friends and create memories that will last a lifetime, but you also need to figure out what you want to do with your life at a young age.

Tips for Booking a Vacation that Won’t Stretch Your Wallet Too Thin

The weather is heating up, which for many means the start of vacation season. A recent WSFS survey found that 44% of Greater Philadelphia and Delaware region respondents are not confident they can keep pace with inflation’s impact on goods and services, which could affect many consumers’ ability to book time for rest and relaxation because they must prioritize the necessities.

Where Should Retirees Put Their Retirement Money?

When it comes to investments and retirement, retirees are in a precarious position. You have accumulated a retirement nest egg, but now you face new unknowns around life expectancy, quality of life and your health.

When Assessing Your Small Business’ Credit Needs, Focus on Your Return on Investment

Lately, when we hear about interest rates in the news, it is usually about the pace they are rising, how the Federal Reserve is using rate hikes to combat inflation, and how these factors are making everything more expensive.

How Women Can Break Through and Reshape Attitudes About Investing

Investing has been top of mind for many as the stock market fluctuates. With investing being a subject that is not commonly taught in school, many people don’t know how to invest or what to invest in. And if they do, they aren’t too confident in their abilities.

Investing after Retirement

There are countless articles about saving, investing, and budgeting for retirement, otherwise known as asset accumulation, because a few general principles apply to many, e.g., live within your means, utilize tax-advantaged accounts, avoid high-interest debt, and automate savings where possible.

After “Shark Tank” Success, Delaware’s The Frozen Farmer Strikes Deal with WSFS

In a March 2021 episode of ABC’s “Shark Tank,” Lori Grenier took a chance and made a deal with Katey Evans of The Frozen Farmer – the Bridgeville, Delaware-based creamery that creates frozen dessert from misfit fruits. After a quick rise to popularity following the show’s air date, the woman-owned company was in need of capital to meet growing inventory needs.

Discovering the Secret Sauce: How Two Fashion Entrepreneurs Bootstrapped IHKWIP from an Idea to an Emerging New Handbag and Accessory Brand

When Anthony Nota and Baylen Edwards-Miller met the first week of college, they couldn’t have imagined the journey they’d take to become entrepreneurs and co-owners of IHKWIP, where they “blend fashion and function to create bags with city style and suburban sensibility.”

CISO Perspective: Tips to Secure Your Devices

Have you ever lost your smartphone or tablet, or maybe even your laptop? Have any of them ever been stolen? It’s certainly not a good feeling. The number of mobile devices lost or stolen each year is in the millions. Sure, it's easy enough to get a replacement. Sure, they can be expensive to replace, but have you ever thought about the true value that device is worth?

Homeland Center Provides Workforce Development Opportunities for Certified Nursing Assistants with Support from the WSFS CARES Foundation

Originally chartered as the “Home for the Friendless” in 1867 to assist widows and orphans who were homeless in Harrisburg, Pa., the Homeland Center has evolved through the years to form a licensed not-for-profit continuing care retirement community offering exceptional Personal, Skilled Nursing, Home Health, Home Care, and Hospice services.

WSFS Customer Hampton Food Market Showcases Their Unique International Foods on FOX 29

Founded by a group of immigrant families, Hampton Food Market proudly provides diverse European and Eastern European flavors to Bucks County, Pa. This family-owned supermarket values various cultures, diversity, and local community to promise their customers a unique shopping experience and gives them the opportunity to try international foods from the comfort of their hometown!

Mortgage Rates Are Still Rising, and So Are Selling Prices. Here’s How to Adjust Your Buying Approach

There is no question about it. We are in a different homebuying environment than we were even six months ago. Mortgage interest rates continue to rise and have now exceeded pre-pandemic levels, while home prices have stayed high amid continued competition. In some cases, potential homebuyers have been priced out of the market.

Small Business Customer New Ridge Brewing Serves Up Craft Beer and Delicious Food on FOX 29!

Founded by two childhood friends, Fred Endrikat and Nick Duvally, New Ridge Brewing Co. in Roxborough, Pa. prides itself on providing a family-friendly atmosphere where people from the neighborhood can gather and enjoy great craft beer and food.

How to Fine-Tune Your Budget to Account for Rising Costs

Inflation and rising interest rates have been top-of-mind for many consumers in recent months, as the cost of everything from groceries to gasoline, and cars to houses, has increased. A recent WSFS survey found that 44% of Greater Philadelphia and Delaware region respondents are not confident they can keep pace with inflation’s impact on goods and services. And as the Federal Reserve continues to aggressively raise interest rates to combat soaring inflation, many consumers are left feeling a major impact on their wallets.

Sticking Together: How Women Can Pave The Way In The CRE Financial Services Sector

Women have spent decades working to move up the ranks of the commercial real estate financial services sector, but they continue to encounter significant barriers. A 2020 CREW study found that women in this field earn, on average, 24.6% less than their male counterparts. Along with that, only 9% of CRE executive positions are held by women.

Small Business Customer Dadz Bar & Grill Featured on FOX 29!

Jim Filler, owner of Dadz Bar & Grill in Lumberton, N.J. for 34 years, prides himself on providing quality food and fun for his customers and their furry friends. “All of our food is fresh and comes in daily,” said Jim, who got his start in the restaurant business working with his father. “On Wednesday afternoons, we invite customers to bring their dogs to the outdoor bar area for Yappy Hour. Everyone has such a great time.”

Saving for Retirement: The Millennial Way

Millennials, those born between 1981 and 1996 (ages 26 to 41), have come of age during a tumultuous time in our history: 9/11, the wars in Iraq and Afghanistan, the Great Financial Crisis, and more recently, civil unrest and COVID-19. Unlike the relative calm of the 1980s and 1990s when many baby boomers entered the workforce, the last 20 years have been chaotic.

WSFS Associates and Their Families Volunteer Across the Region for Take Your Children to the Community Day

For nearly 200 years, WSFS has been committed to serving the communities where its Associates live, work and play. Continuing one of its more recent traditions to help teach younger generations the value of giving back, WSFS Associates, their children and family members formed a group of more than 60 volunteers across the Greater Philadelphia and Delaware region on April 28 as part of “Take Your Children to the Community Day,” WSFS’ spin on the national “Take Our Daughters and Sons to Work Day.”

Club Pilates Celebrates 1st Anniversary on FOX 29

When Greg and Ayanna Wright opened the doors to Club Pilates in Pike Creek, Delaware in May 2021, it was a culmination of a long journey to become small business franchise owners.

LUCY Outreach Helps Lift Up Camden’s Youth with Support from WSFS

LUCY Outreach traces its early roots to the 1980s, when a group of local priests and nuns began to provide year-round educational and social opportunities for children in Camden, N.J.

CISO Perspective: Is Anything Safe from Getting Hacked?

Working in the information security field, I am often asked a rhetorical question like, “is anything safe from getting hacked?” My answer is yes. But it is important to examine this a little closer to ensure you’re taking the proper precautions to protect yourself and your information.

The Importance of Financial Access to Build Confidence in Your Money Management Skills

Gaining that confidence goes hand-in-hand with having proper access to financial products and services for your needs and feeling comfortable leveraging these resources. A WSFS Bank study found that 80% in the Greater Philadelphia and Delaware region are confident managing their money in general, but 33% have trouble understanding the financial products and services available to them.

A Pep Talk from Pep-Up: How Smart Safes Changed Their Business

Longtime WSFS Customer Pep-Up – a full-service petroleum distributor and convenience store operator – wasn’t necessarily looking for new efficiencies when they came across what would become a game changer for the business.

WSFS Celebrates Its 35th Anniversary of Being a Publicly Traded Company by Ringing The Nasdaq Stock Market Opening Bell

WSFS celebrated its 35th year of being a publicly traded company with Chairman, President and CEO Rodger Levenson, joined by members of the executive leadership team, Associates and friends of WSFS, ringing The Nasdaq Stock Market Opening Bell.

With Interest Rates Rising, Now is the Time to Fine Tune Your Credit and Spending Habits

If you’ve been paying attention to financial news lately, topics such as inflation, rising interest rates and the housing market have been the predominant headlines. While much of the focus on rising interest rates has centered around how potential homebuyers are impacted and why they should act now to avoid paying more for the same home later, consumers should also be looking closely at any current debt and spending habits, too.

Investing in a Down Market

Warren Buffett, arguably the world’s greatest investor, wrote in his 1993 annual letter to Berkshire Hathaway shareholders, “In the short-term, the stock market is a voting machine, reflecting a voter registration test that requires only money, not intelligence or emotional stability, but in the long run, it is a weighing machine.”

WSFS Down Payment Grant Program Helps Eligible Borrowers Achieve the Dream of Home Ownership

For many families in the Greater Philadelphia and Delaware region, the dream of owning a home can seem financially daunting, even out of reach. While there are many local, state and federal programs designed to help homebuyers achieve this dream, coming up with upfront costs, such as down payment and closing expenses, can be challenging, especially in low- to- moderate income areas.

Feeling Spring Fever? Now’s a Great Time to Tap Into Your Home’s Equity

The past year has seen home values increase at a rapid pace, spurring stiff competition in the homebuying market. And while potential homebuyers continue their search amid these conditions, higher home values are proving beneficial for another group of people—homeowners with record high, tappable home equity who have no intention of moving.

How To Keep Your Company and Yourself Safe from Fraud

Whether it’s a compromised email, ransomware, mail theft, or other criminal attempt, fraudulent schemes continue to trend upward and can cost businesses and consumers alike. Preventing fraud requires vigilance from every employee to protect your company’s finances and information. Here are some tips to help protect your business and yourself.

How to Overcome Obstacles and Achieve Your Financial Goals

Saving and money management are lifelong and can go a long way toward helping you achieve financial success. But even the best laid financial plans can be met with obstacles that require you to pivot in order to stay on track for your goals. A recent WSFS Bank study gauged the financial goals, confidence and access of those 18 years and older, and found that 67% in the Greater Philadelphia and Delaware region feel confident they will achieve their financial goals. However, obstacles such as inflation and poor credit still remained a concern for many regional consumers.

Bicycle Transit Systems (BTS): On the Road to Transportation Equity

The concept of bike sharing—services offering bikes for shared public use, either at no cost or for a small fee—began in the 1960s in Amsterdam, but the modern iteration didn’t really take off until the early 2000s, when bike sharing spread rapidly around Europe. The first bike share in the U.S. wasn’t launched until 2010. Alison Cohen, inspired by the city-wide system launched in Paris in 2007, led the launch of bike share systems in Washington, D.C., Boston, and New York City.

Americans Are Confident They Can Achieve Their Financial Goals, But High Costs and Poor Credit Create Obstacles for Many

Nearly three-quarters of Americans (72%) feel confident they will achieve their financial goals, according to a new WSFS Bank survey. However, two-in-five (39%) said they’re not confident they can keep pace with inflation’s impact on goods and services, and nearly a quarter (24%) say having poor credit prevents them from using financial products and services, underscoring the challenges consumers currently face when managing their money.

Cryptocurrency in 2022: Why You Should Care and What to Expect

Last year marked significant progress for the cryptocurrency market, with several noteworthy moments from 2021 that made headlines, including: Bitcoin surpasses $1 trillion in market value; Coinbase IPOs at a $85.8 billion valuation; China banned cryptocurrency; El Salvador adopted bitcoin as legal tender

Small Business Tax Strategies for 2022

With the 2021 tax year filing season wrapping up this month, many small business owners and operators are ready to put Uncle Sam in the rearview for a while and focus on running their business as efficiently and profitably as they can. While preparations for the 2022 tax year filing season may seem far off, there are steps that can be taken now and throughout the year that can be beneficial to a business’ revenue, growth investments and long-term tax strategies.

Why Your Small Business Should Take the Long View on Inflation

When you hear and read about inflation, the attention is typically placed on inflation’s impact on the cost for consumer goods, and for good reason. High inflation hits people where it hurts most—their wallets. But small business owners and operators must deal with inflation’s impacts as well, and as it continues to be a major cost factor, their already tight margins become increasingly crunched.

What to Look for When Building Your Homebuying Team

With mortgage rates rising, the homebuying market remains hot and very competitive, with inventory strains continuing to affect home prices. Despite these challenges, if you are in the market for a new home, now is the time to act as prices and rates may continue to rise through at least the end of 2022. And if you wait, you will pay more for the same home later than you would now.

Team WSFS Honors Its 2021 Top Five Volunteers for Making a Difference in the Community

Strengthening the communities where we live, work, play and do business is paramount to WSFS’ social purpose, which is fueled by our dedicated Associates and volunteer leaders who invest their time, resources, energy and passion into our communities. Team WSFS, the WSFS corporate volunteer program, encourages Associates to volunteer with nonprofits of their choice, and WSFS stands behind that encouragement by offering each Associate four hours per month of compensated work time for participation in volunteer activities.

From Intern to Senior Systems Engineer: Drew Moore Builds a Career and Technology Infrastructure at WSFS

Shortly after starting residential life at college, Drew Moore realized he was going to need to finance his education and enlisted in the Air National Guard, where he served as an RF Transmission Specialist. Moore then continued his education online, earning his degree in information technology, but it was a meeting at a career fair that led to an internship and later a full-time career with WSFS that has now spanned eight years.

Is it Good to Invest During a Time of Inflation?

Inflation has been front and center in the news this past year. Anyone that has tried to purchase a used car, a home, or even a steak can attest to a marked increase in prices and limited supply, resulting in a great deal of frustration. It has also caused worry and speculation around how much further inflation could rise and how long it will stick around, with echoes of the 1970s arising.

Delaware Business Roundtable Education Committee Forges a Path Toward More Equitable Education and Career Opportunities with Support from WSFS

With a focus on service and supporting the community that spans nearly 200 years, WSFS works with its nonprofit partners to build a stronger, more equitable future for all. To those ends, WSFS has partnered with the Delaware Business Roundtable Education Committee (DBREC), a nonprofit organization established in 2006, that collaborates closely with many of Delaware’s leading businesses to improve education and the economy in Delaware. Together with Rodel, a statewide nonprofit focused on improving public education, DBREC’s work has benefited tens of thousands of young people – from early childhood education to preparing the next generation for college and careers – and has provided more than $36 million in support of world-class public education in Delaware.

Maintaining Roots: How HACE is Creating a Culture that Promotes Homeownership in Hispanic Communities

Maria Gonzalez works every day to ensure people aren’t displaced. As President of Hispanic Association Contractor Enterprises (HACE), Gonzalez’s goal is to not only create affordable housing in North Philadelphia, but to create home ownership opportunities that address the needs for the Hispanic community. “We see home ownership as an opportunity for wealth building and stability, so families can grow roots in these neighborhoods,” said Gonzalez.

Thinking About Buying a Home in the Region? Now Is a Great Time to Act

Over the past two years, people throughout the region—and the country—have decided to move to areas that better fit their work arrangements, lifestyle preferences, and many more reasons. As we enter the traditional “spring homebuying season,” a few trends are beginning to emerge that suggest now is a great time to get into (or back into) a new home search.

Kristie Perry Finds the Culture She’d Been Searching for and a ‘Once in a Lifetime’ Opportunity at WSFS

Over the course of her nearly 30 years in banking, Kristie Perry has held a variety of roles as she worked her way through the ranks in the industry. In 2018, when she decided it was time to make a move, she applied for a job at WSFS. As fate would have it, the same day she submitted her application, she was contacted by WSFS’ HR team about a different role with the Bank, and the rest is history.

How To Build and Responsibly Use Credit

March is National Credit Education Month, which serves as a good reminder of the importance of responsibly using credit during your financial journey. It is important, however, to remember that building your credit and living within your means should remain in focus throughout the year and not just the month of March. Whether you’re just getting started with borrowing or need a refresher on the basics, here are a few tips to help build and responsibly manage credit for your needs.

Inflation, Rising Costs for Home Purchases and Rentals Making It Harder for People to Afford Where They Want to Live, WSFS Mortgage Survey Finds

Nearly two-thirds (66%) of Americans are having trouble saving for a new home or rental due to rising costs for everyday needs, and an equal percentage of renters are struggling to compete for and afford units where they live due to rising rent, according to a new WSFS Mortgage survey. The study, which surveyed 1,530 Greater Philadelphia and Delaware region consumers and 1,500 consumers nationally, examines the economic impacts of inflation, rising costs, reduced housing inventory and geographic preferences of homebuyers, homeowners and renters ages 25-65.

Thinking About Selling Your Business in 2022? A Few Ideas to Consider

It remains to be seen if 2022’s unique blend of positive and negative factors will slow down the piping hot mergers and acquisitions (M&A) market that emerged in 2021. On the positive side for potential sellers, strong economic and profit growth plus record amounts of capital remain potent forces. These factors are likely to drive continued high levels of M&A activity in 2022. Business valuations are at, or near, all-time highs. The market for businesses, like the housing market, is currently a strong sellers’ market.

If Your Small Business is Counting on a 2021 Tax Year Refund, Don’t Wait to File

In a recent statement, the IRS delivered ominous news, saying, “In many areas, we are unable to deliver the amount of service and enforcement that our taxpayers and tax system deserves and needs.” With tax season now open and that statement in mind, a few themes are emerging.

A Business Man with a Plan: Craig Williams on the Future of Diverse Businesses in Philadelphia

Craig Williams, President and CEO of Pride Enterprises Inc. and American Power Electrical Supply Company, has more than 30 years of experience in construction management, getting his start by working for his uncle when he was home from college. After earning his Bachelor’s degree in Business Management from Syracuse, Williams helped his father cultivate and develop his own construction business, eventually founding Pride in 1996 and American Power in 2018.

Brian Biasini Seizes Opportunities for Innovation and Growth at WSFS

Brian Biasini’s career path has taken him to multiple industries, but one thing has remained consistent at each stop—his focus on technology and innovation, particularly through the Salesforce platform. “I’ve always been in Salesforce administration and technical roles, previously at a large global retail organization and prior to that an Australian-based bank,” he said. “A few years ago I was looking at opportunities and was drawn to NewLane Finance because it was a startup in the process of implementing their Salesforce platform.”

Delaware Prosperity Partnership Teams Up with WSFS to Support Continued Economic Success in the First State

Created in 2017 to lead statewide economic development efforts, Delaware Prosperity Partnership (DPP) works closely with economic development leaders throughout the state as a public-private nonprofit resource focused on attracting, growing, and keeping businesses in Delaware; building a stronger entrepreneurial and innovation ecosystem; and supporting private employers in identifying and developing talent.

We Stand for Service: Diversity, Equity and Inclusion at WSFS

WSFS stands by its commitment to diversity, equity and inclusion (DEI). The demographics of our Communities, Customers, and Associates are changing – everywhere. To best reflect the Communities and Customers we serve, WSFS is in the process of infusing the values of DEI into every line of business, our culture, procedures, and across leadership practices. I encourage you to watch the video below to hear a few of our Associates express their connection to diversity, equity and inclusion at WSFS and our commitment to S.E.R.V.I.C.E. through the lens of DEI.

Designing for the Benefits of Co-Living: How Developer Dana Spain Mastered the Pivot

Dana Spain is known for many things, from her work in publishing to animal welfare and her charity work for Veterans’ causes. She has led a circuitous career that began in commercial real estate with her family’s retail chain that has led her back to commercial properties since 2013 with a myriad of her own projects. Most recently, Spain–now Managing Member of her latest endeavor, Spain Development Group–has been designing multi-family properties ranging from rehabs, stick-built, and eventually modular. “Once I got into modular construction systems, I stayed there because it was an epiphany and now I advocate all the benefits of modular and won’t build any other way,” Spain said.

Interest Rate Hikes Impact Mortgages Differently Than Other Consumer Loans. Here’s What You Should Know.

Almost everywhere you turn these days, there’s speculation and news about the Federal Reserve getting ready to raise interest rates multiple times in 2022 and how that will affect consumers. Without question, higher interest rates cost people more money when buying the goods and services they need in their everyday lives.

Retirement Planning at Age 50

Depending on who you ask, some say 50 is the new 40, others say 50 is the new 30. Whether you feel like a 30-year-old or 40-year-old, one thing you don’t have at age 50 is as much time on your side before retirement. At age 50 we’re entering the final one-third of our working years, and typically these are the most critical years when it comes to making sure we properly plan for retirement.

How To Keep Your Bank Accounts Safe from the Latest Fraud Trends

Instances of fraud have continued to rise in recent years, and it can often seem like scammers are able to stay one step ahead of their victims. As new schemes continue to emerge, it is important for consumers and businesses to remain vigilant to protect their information and bank accounts. Here are some recent fraud trends and tips to help protect yourself.

Joe O’Fria Embraces WSFS’ Collaborative Culture to Advance His Career

Joe O’Fria knew early on that he had an interest in how banks work and a desire to work in an office setting, but didn’t realize what started as a part-time banker role while in college would blossom into a nearly 20-year career in banking and financial services. From that first role, O’Fria continued his career in banking with a few different organizations before joining WSFS in 2015 as part of its acquisition of Alliance Bank.

Stop Fumbling Over Cash for the Big Game: Key Considerations to Keep Cash Safe

Every year, sports fans swarm to local restaurants and bars to eat, drink, and cheer on the teams playing in the Big Game. In towns across the country, most establishments prepare for an increase in business for this day. In some cities, bars and restaurants saw a 40% or more revenue increase, according to Womply Research, on this major Sunday in 2018. As indoor dining restrictions are easing nationwide, local restaurants and bars should prepare for what could be the busiest day since the start of the pandemic.

Time to Grow? Follow These Steps to Finance Your Small Business’ Future

For every successful small business, there comes a time when decisions need to be made about the best path for financing growth. Whether your business needs an infusion of cash, a new location, an equipment upgrade, or is ready for expansion, there are an array of options to help get you where you need to be financially. However, every business’ needs can be different, requiring its own strategy and approach.

Tips to Get the Most Out of Online and Mobile Banking

Online and mobile banking adoption has risen rapidly in recent years, particularly during the pandemic, as consumers look for a safe and convenient way to manage their money. While there is no one-size-fits-all when it comes to managing your finances, utilizing online and mobile banking can help in many ways.

Cryptocurrency 101: Here’s What You Need to Know

The topic of cryptocurrency is discussed by pundits on the news, influencers on social media, and people trying to make small talk. You would think with how much cryptocurrency gets mentioned we would all be experts by now. But it feels like when you try to ask someone what cryptocurrency is or why they own it – they can’t seem to give you a straight answer. The conversation either becomes technical with new jargon you haven’t heard of before or half-baked responses with generic buzzwords. Whichever kind of crypto “expert” you ask though, their conclusion ends up being cryptocurrency is “the future.”

WSFS Mortgage Offers New Program to Help Customers Realize Their Dream of Homeownership

For many aspiring homebuyers, the biggest challenge to achieving their dream of homeownership is the upfront costs. Add in rising prices, stiff competition and bidding wars for houses over the past year, and the obstacles can seem overwhelming.

Restoring The Flats: Making Affordable Housing Beautiful and New Again

Wilmington, Del. has been a hub for industrial innovation and activity for more than 350 years. When William Bancroft opened the Bancroft Mills along the Brandywine River in the early 1900s, Wilmington quickly became home to hundreds of workers. Bancroft, the founder of Woodlawn Trustees, was a major advocate for affordable housing and one of the first in the area to develop this type of community residences for his employees and their families – which later expanded even beyond Bancroft employees. He felt that he had an obligation to provide housing and thoughtful development to the area – bringing to life what Wilmington locals know today as The Flats.

Five Top Tax Strategies for 2022

Tax planning can feel like a buzz word to so many at the end of the year. But what does it mean? Am I doing everything I “should” be? And what happens when the clock strikes twelve, ringing in the new year? Is all hope lost for efficient tax strategy until the following December? The new year can be a time of resolutions and new commitments for many. Implementing an efficient tax strategy now can help make year-end planning conversations run smoothly.

Hannah Harrison Builds Her Skillset, Career and Lasting Friendships in 20-Year Journey at WSFS

Hannah Harrison’s career at WSFS has seen her wear many hats and take on a variety of different roles on her way to her current position as VP and Sr. Project Manager. “I was working in a retail clothing store and had a few friends who worked for WSFS that recommended I check out what the Bank had to offer,” she said. “I did just that, fell in love with it, and recently celebrated 20 years with WSFS!”

The Kennett Library Continues its Storied Tradition of Serving the Community with Support from WSFS

Since its founding in 1895, The Kennett Library has served thousands of individuals and families, as it brought its mission of igniting imagination, enriching lives, and creating community to life. The Library has called two different buildings home during its more than 125-year history; the first dedicated in 1896, and the second, its current site, dedicated in 1962. Since its founding, the function, purpose and role of libraries has changed substantially, as have the region’s demographics and economy, and the Library has worked tirelessly to continue its evolution to serve the community.

How to Tap into Your Home’s Increased Value

Chances are, you’ve seen your home’s value increase significantly over the past year. A white-hot real estate market, fueled by low interest rates and the need for more space for many families, has driven housing demand and values up throughout the country. If you are planning to remain in your current home, this is great news, as its increased value opens several financial possibilities for you to take advantage of still-low rates and rising equity you have in your home.

QuotePro and Cash Connect: A Match Made in Kiosk Heaven

QuotePro provides innovative kiosks, digital sales technology, mobile applications, websites, and payment technology for insurance, BHPH (Buy Here Pay Here) and franchise auto dealers, utilities, healthcare, municipalities and more. At our core, we make cash affordable and help businesses better serve their cash-preferred and underbanked consumers. One of our signature products is the QuotePro Kiosk, which accepts all payment types and helps facilitate faster and safer transactions anywhere, from auto dealerships to healthcare institutions.

Reinvest in Your Small Business with Real Estate

One of the most important aspects in running a small business is to constantly embrace change. From consumer or client behaviors, wants and needs to vendor or supplier management, staying on top of changes that affect your business is critical.

Aundre Chambers Embraces WSFS’ Learning Opportunities and Collaborative Environment to Build a Flourishing Technology Career

With a strong work ethic and a desire to learn, Aundre Chambers set out on his path toward success when he joined the Tech Impact ITWorks program in 2015. “Prior to Tech Impact, I didn’t really have any professional experience with technology, but the organization was able to help set me up for success in just a few months’ time,” said Chambers.

Two Organizations, One Shared Vision: A Stronger Community

The Boys & Girls Clubs of Philadelphia has been serving youth since 1887, when the Germantown Club first opened its doors. Since then, the organization has expanded, providing quality programming to youth in neighborhoods across Philadelphia. Its mission: to enable all young people, especially those most in need, to reach their full potential as productive, caring, responsible citizens. Over the past 134 years, The Boys & Girls Clubs of Philadelphia has grown to 21 clubs throughout the region’s most impoverished communities and the dedicated staff, volunteers, and partners work together to impact more than 9,600 young people each year.

Buy an Existing Home or Build New? Both Require Planning, Flexibility and Patience.

As 2021 real estate market forces spill into 2022, many potential homebuyers have begun to shift their focus from buying existing homes in a crowded market to building new homes that meet their space, functionality and location needs. While buying an existing home in 2021 was frustrating for many, new construction in our current inflationary environment still presents its own obstacles, from rising costs for materials to labor shortages slowing builders’ timelines.

The Simple Four Step Guide to Estate Planning

Putting together an estate plan to ensure your family is well cared for in the future is important for everyone. Regardless of your level of wealth, taking stock of what you have and creating a plan to provide guidance to family and friends about your choices is imperative. Without it, a court may need to step in to authorize certain decisions on your behalf and state law to determine who will inherit your assets. Everyone should take these four steps to ensure they have a plan in place.

WSFS Bank Supports Local Children’s Book Author’s Holiday Book Initiative for Children with Autism

A sponsored artist through WSFS Bank’s partnership with REC Philly, John Butler, known as Cousin John to his readers, created the Chase Books series to introduce young readers to the world of literacy. Chase Books feature African American characters, aiming to connect children and parents through stories they can bond over.

Stay On Track by Setting Small, Short-Term Financial Goals

It’s been hard to ignore some of the massive returns seen in the financial markets over the past few years. Be it cryptocurrencies or meme stocks, the idea that you can double, triple, or quadruple your money in a matter of days or weeks can be extremely tempting, but is akin to gambling. Behavioral finance teaches us that we as investors are not always rational. We can be overconfident or react without thinking things through, which can cause us to lose sight of our financial goals. Long-term goals, like retirement savings, are built on your money decisions made today. The below three short-term goals are no different, but keep in mind that your risk appetite and return expectations should be tempered.

WSFS Bank Loves Small Businesses Holiday Program Honors Four Local Businesses That Go Above and Beyond for Their Communities

For thousands of small businesses throughout the Greater Philadelphia and Delaware region, the past two years have seen ups, downs and everything in between. Despite these challenges, many of these businesses, their leaders and their employees didn’t lose sight of their ability to positively impact their communities.

Financial Checkup: How To Budget for Success in 2022

The change of the calendar brings with it new beginnings while also providing an opportunity to evaluate your finances and build your plan for the future. A recent WSFS Bank Money Trends study found that 54% of Greater Philadelphia and Delaware region consumers are concerned about their personal finances, reflecting the increased importance of budgeting during periods of uncertainty.

WSFS Loves Small Businesses: Dolly’s Boutique & Consignment Keeps Up on Fashion Trends for Clients While Giving Back to Their Community

In the 12 years since opening Dolly’s Boutique & Consignment in the Mt. Airy neighborhood of Philadelphia, Shani Newton has strived to accomplish two things that are important to her success. Provide affordable designer clothes and accessories for her clients and give back to her community in any way she can.

How To Protect Your Bank Accounts from Fraud

Thousands of consumers fall victim to fraud daily. From phishing schemes to imposters pretending to be your bank, there are no shortage of scams, and you need to remain vigilant in order to protect yourself, your information and your bank accounts.

Why This Winter Could be a Great Time to Get Back into House Hunting

Over the past two years, the real estate market has pivoted many times. Depending on where you live, you might have experienced a hold on the market at the beginning of COVID-19, then there was a slight dip as the unknown of the pandemic loomed, and finally the market that we have been experiencing this past year—where inventory became scarce as many looked to buy homes.

Good Neighbors Home Repair Builds a Stronger Community with Help from WSFS

After taking mission trips to West Virginia as part of the Appalachian Service Project to help repair and build homes for those in need, Jay Malthaner and his Bible study group realized those efforts could be replicated in their own communities. Malthaner’s work was quickly noticed by other members of the community, including a similar home repair group called Good Works, and soon Good Neighbors Home Repair (GN) was born.

Reflect on the Challenges of This Year to Prepare Your Small Business for Success in 2022

As 2021 comes to a close and we reflect on all of its successes and challenges, it is also a great time to look ahead to 2022’s opportunities for the small business community and how your business can be successful in the new year and beyond.

Do You Have the Right Credit Card or Loan for Your Financial Situation?

Many people know the importance of establishing and building credit and using it wisely, so they have good credit. While there are many tips and resources to learn how to manage credit, reduce debt and increase their scores, the types of credit available to them and which are best suited to their needs can sometimes be overlooked.

WSFS Loves Small Businesses: The Crab Cake Company Continues Late Co-Owner’s Legacy By Supporting Families, Friends and Frontline Workers in Their Community

Every Saturday for 11 months during the pandemic, Tish Ambrosine made sure 25-30 staffers at Christiana Hospital were well fed with free cuisine from The Crab Cake Company, which she co-owned with her husband, John, in Middletown, Delaware. They didn’t take photos or post deliveries on social media, as Tish wanted to help these frontline workers out of the kindness of her heart, not for publicity. They kept providing meals until Tish was diagnosed with breast cancer and in February 2021, she unfortunately lost her fight.

WSFS Loves Small Businesses: Pride Paws Delivers on Their Mission to Provide Meaningful Employment and Life Skills for People with Developmental Disabilities

Founded in 2009 by the Ritzel family Pride Paws started as a nonprofit organization in a church basement making dog treats, with the goal of offering transitional employment experiences for people with developmental disabilities. The Ritzels wanted their son, who has Autism Spectrum Disorder, and others to have an opportunity to gain meaningful employment in their lives, participating in running the day-to-day operations of a business and teaching life skills with the help volunteer “job coaches.”

How To Keep Your Information Safe This Holiday Season

The holiday season is a time for cheer and gift giving to loved ones and friends. In the excitement of searching for that special gift, shopping for them can bring some risk for loss of personal or financial information when you aren’t prepared.

‘Tis the Season to Shop Local!

As consumers throughout the Greater Philadelphia and Delaware region gear up for the holiday shopping extravaganza, experts are warning us about supply chain issues, rising prices, shipping delays and more obstacles to find the perfect gifts for our friends and family. The solution? Do your holiday shopping on Main Street this year.

How to Give Back to the Community During the Holidays and Throughout the Year

The holiday season is a time of giving, but for many, it can also be the time when they need the most help. Many people spend weeks and months looking forward to the quality time with family and friends that the holidays bring, but it is important to also remember those less fortunate and look for ways to support your local communities.

Tips to Stretch Your Budget and Save More in 2022

Saving and spending are always hot topics this time of year, as holiday shopping is in high gear and people start thinking about their 2022 budgets. This year is no different, with four in 10 (42%) of people in the Greater Philadelphia and Delaware region planning to save more to help ensure future financial stability, according to a recent WSFS Bank Money Trends survey.

WSFS Loves Small Businesses: Shane & Pepper Candle Company Spreads Love and Acceptance Through Candles That Serve a Purpose

What started as a fundraiser for a service dog for their son has turned into so much more for Brett and Marie Popiny. They first began making soy candles in 2016 to help pay for their son, Shane’s, mobility service dog and were able to raise $17,000. Shane is a pediatric stroke survivor who has cerebral palsy and working with non-profit 4 Paws for Ability in Ohio, the family was able to bring Pepper into their family.

Financial Resolutions – Seven Simple Strategies to Improve Your Finances in 2022

With the year ending, many of us begin thinking about what we want to accomplish next year and in the long term. For some it is committing to a healthier diet, getting more exercise, spending more time with family, going on more adventures or saving more in the future.

Why a Local Banking Partner Might be the Best Fit for Your National Business

We first started HLI Rail and Rigging and Mars Transformers in the tri-state area, moving turbines, generators, large portions of bridges, and even buildings by ocean, barge, rail, and large and small trucks. If something heavy needs to be moved, we are the team to do it. Since then, we have scaled our business and now operate across North America. An important part of this growth was finding the right business partners. Just as important as your accountant, machine equipment or computer systems, is the right banking partner.

WSFS Bank’s SBA Team Helps Small Businesses Get the Funding They Need, Earns Recognition for 2021 Loan Volume

The U.S. Small Business Administration (SBA) recently released their regional and national fiscal year 2021 rankings, and WSFS Bank continues to shine supporting small businesses! In Delaware, the team led all lenders with $12.6 million in loans and was second in the state in loan originations, while placing third in New Jersey for dollar amount and loans originated.

Tips to Manage Early Holiday Shopping with Rising Prices and Shrinking Inventory This Year

With the holidays fast approaching, consumers are understandably concerned about the impacts of inflation, supply chain issues, and recommendations from retail experts to shop even earlier than normal. Add in the fact that four in 10 (42%) of Greater Philadelphia and Delaware region consumers are saving more now than they were earlier in the pandemic because they want more financial stability, according to a new WSFS Bank Money Trends study, and it explains why consumers are preparing to spend less on gifts, dining and travel this holiday season.

Delaware College Scholars Builds Pathways to Success for Hundreds of Students with Support from WSFS

Since its founding in 2014 as a first of its kind public-private partnership, Delaware College Scholars (DCS) has grown to support hundreds of high-achieving public school students from low-income families as Delaware's only tuition-free residential college preparatory and persistence program.

This Holiday Season, Approach Your Spending with an Eye on Saving

It seems everywhere we turn right now, experts are telling us to start our holiday shopping early, as supply chain challenges are expected to impact inventories for a large variety of products through the end of the year and possibly beyond.

Jennifer Kerstetter Charts Her Own Path to Success in Life and at WSFS Bank

Jennifer Kerstetter’s path to WSFS Bank, and her role as Vice President, Small Business Relationship Manager, is not a conventional one. That’s a big part of her belief that while you can have a plan in life, you never know where your journey will ultimately take you and who will be there championing your success.

Regional Consumers Weary of Rising Prices and Economic Stability, Spurring Delays in Large Purchases and Expected Decreased Holiday Spending

Generation Z more optimistic that they will spend more on gifts this holiday season, prefer to celebrate locally versus traveling

Year-end Financial Checklist – Eight Helpful Tips to Staying Financially Focused

Has another year really gone by? Seems impossible. For many of us, life is busy, advancing our careers, raising children, moving, and traveling just to name a few things. Still, it is important to stay financially focused, and the last quarter of the year is a great time to revisit your finances and build a plan for the upcoming year.

Top Tools to Improve Cash Flow

Having solid cash management practices is one of the most essential processes in any company. Without a set of smart strategies for monitoring, assessing and improving the company’s financials, it can quite simply find itself out of business.

Man, woman and child walking down the street, holiday shopping

How to Budget for a Holiday Season that Won't Break the Bank

The holiday season is a time of giving and enjoying the company of friends and loved ones. That giving can often bring with it a steep price tag, however, and lead to even the most solid of financial roadmaps hitting a few speedbumps. Holiday spending is expected to increase 5% year-over-year with the average consumer projected to spend $1,463 on holiday shopping in 2021, according to Deloitte’s annual holiday survey.

What is a Private Banker and Do I Need One?

Having a go-to person in life is always a plus. In this fast-paced world we live in, where interactions happen via online chats or through automated voice recordings, it is still important to forge personal relationships. While many banks offer personal service, there are also others who act as dedicated, hands on concierge bankers. If you’ve never worked with a private banker, you might not be aware of what they can offer. Here is what you need to know about private bankers and the benefits of their services.

Alexis Santoleri Embraces WSFS’ Culture and Learning Opportunities to Grow Her Career

After working at another bank as Head Teller for a few years, Alexis Santoleri decided it was time to make a change and was drawn to WSFS by its culture. “The atmosphere was different than my previous job, and everyone I came across at WSFS seemed to love their job and enjoyed helping others in their community,” she said. “There was more of a focus on needs-based selling as well, which is extremely important to me, and I was very excited to work for a company that put the needs of its Customers and Associates first.”

With Rents Rising and Home Prices Stabilizing, Now May Be a Good Time to Buy

The past year-plus has been a perfect storm for a volatile housing market. Interest rates dropped and stayed low, prices rose, and inventory became scarce, shutting many would-be homebuyers out of the housing boom.

Cash Flow Tips to Help Your Business Post-Pandemic

It’s no secret that the COVID-19 pandemic forced a surge in technology adoption across numerous industries. However, despite the availability of technology-driven forms of payment such as credit cards, P2P, and mobile wallets, a recent nationwide study by Cash Connect and One Poll revealed that out of 1,500 people surveyed, 40% prefer to use cash as their payment method. Furthermore, 51% of respondents agreed that using cash helps them budget their money, underlying the notion that cash remains a mainstay. Knowing these preferences amongst consumers, it’s imperative that businesses continue to make cash payments a priority.

Tips for Using Credit Responsibly

Credit and loans can be helpful tools on your financial journey, but ones that require you to proceed with caution. A study from WSFS Bank of 2,005 Americans between ages 18-40 found that 78% of respondents said they weren’t good at maintaining good credit.

Budgeting Tips to Help Achieve Important Financial Milestones

Reaching financial milestones, such as buying your first home or saving for retirement, can often seem like a daunting task. A study from WSFS Bank of 2,005 Americans between ages 18-40 found that 58% of Millennials and Gen Z consumers are optimistic that they’ll achieve their financial goals one day, but many still felt some common financial milestones were out of reach.

José Fernandez Leverages His New Banking Relationship to Establish Atilio’s Construction as a Go-To Contractor in Delaware

Two decades ago, José Fernandez was working as a handyman for a local company in Delaware with his eyes toward the future after working with a local contractor. “I decided to pursue real estate and transitioned to working as a realtor,” said José. “But then the economy and housing market crashed.”

Jennifer Rossi Embraces Her Love for Customer Service to Build a Flourishing Career at WSFS

After nine years working in retail sales at a department store, Jennifer Rossi decided it was time to make a change in order to continue her professional growth, but wanted to find a role where she could still do what she loved most: help Customers.

Celebrating Hispanic Heritage Month: Hispanic Family Center of Southern NJ Strengthens the Community Through Comprehensive Bilingual Programs

Since its founding 45 years ago, the Hispanic Family Center of Southern NJ, Inc. (HFC) has provided a variety of bilingual services to the community through its East Camden facilities, including domestic violence victim services, job development, access to community health workers, family success centers, English as a second language classes, mental health outpatient services and more.

When Looking at Your Credit and Borrowing, Keep Your Options Open and Budget on Track

These days, consumers are not short on options for their borrowing needs. Whether remodeling a home, buying a boat, consolidating debt, paying for a wedding or simply looking to establish and build your credit history, there are loan products designed for various uses and with terms that can help fit many budgets.

Celebrating Hispanic Heritage Month: STARS Adult Medical Day Care Center’s Leaders Open Their Doors and Hearts to Support Camden’s Hispanic Community

When Margarita Santiago and Ana Fernandez first envisioned opening an adult medical day care center in 2012, they had no idea how much a center of the Camden, NJ community their business would become.

Celebrating Hispanic Heritage Month: Keila Andujar Leans on Her Family and Culture to Inspire Service in Her Career and Community

Keila Andujar came to Delaware at a young age from Guayama, Puerto Rico, with her parents and siblings looking to build a life in the First State. “My parents took a chance when we moved here, as they had limited resources, and did not speak English,” said Andujar. “My ethnic background created who I am today, as often in Hispanic culture we have to grow up fast to help our families. I had to become my parents’ personal translator and started working at the age of 14, knowing I needed to do my part to help financially and support my siblings.”

How To Spot and Avoid Common Scams

October is Cybersecurity Awareness Month, which serves as a great opportunity to brush up on common scams and how to protect yourself. Scammers work around the clock to find new ways to defraud innocent consumers, and thousands fall victim to scams each day.

Stand Up and Celebrate Women-Owned Small Businesses

October is National Women’s Small Business Month, and as a former business owner who now works directly with small businesses, I take great pride in knowing how strong, resilient and dedicated female business owners are to their families, their employees and their communities.

Father-Daughter Duo Teams Up with WSFS Bank to Open Club Pilates Franchise

As he approached retirement after 30 years with the U.S. Department of Alcohol, Tobacco and Firearms (ATF), Greg Wright was looking ahead to how he would transition careers with two daughters in college. “I have a close friend who is also a franchise broker who helps entrepreneurs connect with franchise brands and lenders,” says Greg. “He was always mentioning franchising to me as an option, but none of the options really stood out as something that interested me.”

Celebrating Hispanic Heritage Month: Latin American Community Center Empowers Delaware Residents Through Bilingual Programs and Services

Since its founding in 1969, the Latin American Community Center (LACC) has evolved from a small, grassroots organization to become one of Delaware’s largest multi-service bilingual agencies serving the Latino community.

Leah Perez Builds a Successful Career at WSFS on a Foundation of Learning and Support

After working as a general contractor for about a decade, Leah Perez decided it was time to make a career change. “I knew that if I wanted to start a family and build our future that I needed something that wasn't so hard physically and that offered benefits,” said Perez. “WSFS was across the street from my house, so I applied online one night and the rest is history!”

Celebrating Hispanic Heritage Month: How Danny Perez’s Multi-Faceted Career Led Him to Open a Popular Eatery in the Heart of His Adopted Hometown

As a longtime business owner in Milford, Delaware, Danny Perez has seen and experienced the community’s growth and opportunity since moving his family and tax management business to the area in 1999.

FAAMG Stocks: Pay Close Attention to Antitrust

Economies evolve over time. From big oil to electricity to the internet, inventions and new technologies transform the world as we know it. Naturally, during these transformations, companies within certain industries experience tremendous growth. From this growth, they become the top market capitalized stocks in the stock market.

Leaders in Lending Podcast: The Modern Move Towards Experiential Banking

Jim Wechsler, Senior Vice President and Chief Retail Lending Officer at WSFS Bank, joined the Upstart Leaders in Lending Podcast to discuss the benefits of partnerships between banks and FinTechs, the value of focusing on Customer experience, Delivery Transformation, and more.

Which Payments Businesses Accept Matters

The COVID-19 pandemic forced a surge in technology adoption across numerous industries, including payments and banking. Even with the adoption of mobile payments, when it comes to making payments, consumers want the option to use the method that works best for them—including cash.

Celebrating Hispanic Heritage Month: Jessica Mojica Embraces Her Heritage and Values Instilled By Her Parents to Build a Successful Career

Jessica Mojica traces her roots back to the humble beginnings of her parents in Puerto Rico, taking great pride in the heritage that has helped mold her. “My parents worked extremely hard to give us opportunities they did not have to learn and grow,” she said. “While I was born in the United States, I spent a good amount of my childhood summers in Puerto Rico.”

WSFS’ Focus on Learning and Development Allows Jennabeth Dalton to Pursue Her Passion

Having worked in retail management and commissioned sales roles for more than 20 years, Jennabeth Dalton had never thought about a career in banking until a WSFS Associate she had previously worked with recommended she give it consideration.

Thinking About Retiring Early? Things to Consider Before You Do

For many Americans the thought of early retirement can be very appealing. For those that enjoy their career, having the flexibility to spend more time with family, travel, play golf or enjoy other activities during “normal’ work hours can lead workers to contemplate early retirement.

Celebrating Hispanic Heritage Month: Asociación Puertorriqueños en Marcha Supports Philadelphia’s Latino Community for More Than 50 Years

Asociación Puertorriqueños en Marcha (APM) began to plant roots in North Philadelphia more than 50 years ago when a group of Puerto Rican social activists sought to energize the community and help bring its fair share of resources to it.

Key Steps to Position Your Business to Get the Long-Term Credit and Loans it Needs

Whether you are an entrepreneur at the helm of a startup or a seasoned small business owner looking to expand, the importance of good business credit cannot be understated. From equipment finance to real estate loans and credit lines for operating expenses, at some point your business will most likely need to borrow money from a business lender.

Proactive Considerations for Mitigating Financial Cyberattacks

Whether it’s a compromised business email, ransomware, accounts payable fraud, mail theft, or an investment scam, we’ve all heard of, experienced or know someone who has fallen victim to one of these fraud trends. Even as technology companies and financial sectors work together to develop innovative ways to protect accounts and businesses, hackers are working simultaneously to develop their own “innovative” methods to gain access to money that isn’t theirs.

WSFS Bank Salutes Small Businesses to Kick Off SBA’s 2021 National Small Business Week

The past year and a half has been a challenge for many small businesses, as the COVID-19 pandemic impacted their operations, forced some businesses to close during mandated shutdowns, and has even impacted recruiting and hiring qualified staff. PPP loans were a critical bridge for many small business owners, but the flagship SBA 7(a) program has been a key tool to economic recovery and growth.

Back to School: Building Money Management Skills for Young Adults

Branching out on your own is an exciting life stage for many young adults, but one that carries with it a great deal of responsibility, particularly as it relates to finances. A study from WSFS Bank of 2,005 Americans between ages 18-40 found that when it comes to financial literacy, 61% of respondents agreed that most of what they’ve learned about finance was through osmosis, with 75% of men agreeing compared to 49% of women.

Mega Backdoor Roth – How it Works and How it Could Benefit You

When it comes to saving for retirement, many of us are already familiar with the primary investment savings vehicles offered to us, the individual retirement account (IRA) and the employer-sponsored retirement account, such as the 401(k) and 403(b). However, if you are fortunate enough to work for a company that allows it, you may be able to take advantage of what is known as the “mega backdoor” Roth IRA.

Has Your Home’s Value Increased Significantly? Use It to Achieve Your Financial Goals

Over the past 18 months, home values throughout the Greater Philadelphia and Delaware region—and the country—have increased drastically. Fueled by still-low interest rates and the desire for living arrangements with more space has led to homeowners and first-time homebuyers alike searching at a feverish pace to acquire the house of their dreams.

Matthew Sellers Leans on WSFS’ Educational Opportunities to Build a Successful Banking Career

A tough economy led Matthew Sellers to a job in banking, but the culture at WSFS and the opportunity to help Customers inspired him to turn that job into a career that has spanned 12 years with the Bank. “I was working as an office manager in the land surveying industry, but in 2009 the economy fell out and I needed to find something new,” said Sellers, Vice President and Retail Office Manager at the Millsboro Banking Office in Delaware.

When Many Commercial Real Estate Projects Were Put on Hold, Hightop Development Found a Way to Persevere

Amid the pandemic, many commercial real estate projects were forced to hit pause due to government shutdowns, supply chain issues and other unforeseen circumstances. In a bustling city like Philadelphia, where multi-family housing and commercial space is in demand and development timelines are often tight, delays in these types of projects can be detrimental to the market and to the project itself.

How WSFS Bank Leveraged Technology Investments and a Strategic Partnership to Help Customers Obtain PPP Loan Forgiveness

When the COVID-19 pandemic emerged and forced parts of the country into a lockdown, small businesses were among those hit the hardest, as their daily operations were disrupted or shut down altogether.

Tips for Using a Credit Card for Your Small Business

When it comes to credit for a small business, loans are typically the first options that come to mind. Small business loans are great options for infusing capital into a small business or to finance a property purchase, equipment or other operating needs.

REC Philly’s Close-Knit Artist Community Taps Into Unique Talents, Grows Careers and Businesses Through Collaboration

At times during the COVID-19 pandemic, REC Philly members were only able collaborate remotely as they developed and refined their creative talents and business acumen. A physical space, digital application, and creator community designed and dedicated to providing its members with the resources, education and opportunities to build sustainable and scalable businesses around their talent, REC Philly leadership didn’t slow down when they we forced to shut their doors during the parts of 2021 early 2021.

Back to School: How To Provide Financial Education to Teenagers

Your teenage years can be formative in many ways, including learning key lessons about money and finances to help build the foundation for success later in life. A study from WSFS Bank of 2,005 Americans between ages 18-40 found that many felt they were on their own when it came to learning about finances. Parents topped the list of sources for financial lessons at 36%, while only 23% of respondents said they learned financial skills in school.

Looking to Boost Your Savings with Easy Access to Your Money? A Money Market Account May be a Good Fit

These days, many Americans find themselves with a surplus of cash in their checking accounts due to reduced expenses, stimulus payments and more. While keeping money in checking accounts is much safer than stashing cash around the house, there is another great way to save your extra cash – a money market account – safely with access as easy as your checking account.

WSFS’ Corynn Ciber Discusses Breaking Barriers in Finance and Technology

Having worked in the finance and technology industries for nearly 25 years, Corynn Ciber is no stranger to breaking barriers. In two industries that women have been underrepresented in, she has blazed her own trail, leading to her role as Senior Vice President and Chief Digital Officer at WSFS Bank.

Krystin Martin’s Love for Customer Service Leads to Success at WSFS

From early in her career, Krystin Martin knew what she wanted to do for a living: help people. “Prior to joining WSFS, I worked a front desk job helping Customers each day, which is where I learned that Customer service was something I wanted to do for my career,” said Martin, a Contact Center Manager at WSFS. “I had no banking experience but, when I saw a job opening in the WSFS Contact Center, it sounded like a great opportunity to start a career in banking and do what I love every day, which is helping people.”

The WRK Group Empowers Northeast Wilmington to Reach Its Potential

The WRK Group in Wilmington brings together a collection of three nonprofits – The Warehouse, REACH Riverside, and Kingswood Community Center (KCC) – working in unison to make a major impact on the city.

Are You Finding That You’re Left with Extra Money Each Month? Here Are Some Options to Use It Wisely

When it comes to money management, the COVID-19 pandemic changed people’s habits and budgets in varying ways. From stimulus checks and expanded unemployment benefits to reduced commuting expenses, many people experienced some degree of shifting in how they accumulated, spent and saved money.

How a New Banking Partner Can Change the Trajectory of Your Business

Having been a business owner for 40 years, I know that making the decision to change vendors, after years of partnership, can be daunting. Now, apply that to switching a banking relationship, and the decision becomes harder. A proven track record and solid customer relationships are a driving factor in the success of our Pennsauken-based business, our best attribute has been the ability to adapt and tackle projects with a dedicated approach and attention to detail.

Why it is Important to Teach Teens About Investing Early

During the teenage years, lots of exciting things happen in life like getting your first job and earning money; this time is an opportune time to coach and guide children on the importance of saving and the best ways to save. It is also never too early to begin discussing retirement with teens. Many companies allow part-time workers to contribute to their employer sponsored 401(k) program.

Building Your Empire: Driving Growth and Funding Your Franchise’s Future

For franchisees, getting their business off the ground is one of the, if not the greatest challenge of their careers. From meeting the franchisor’s scale and experience requirements to securing financing, the journey to becoming a franchisee is often a long and winding road.

WSFS Interns Develop Career Skills and Make an Impact Across Departments

Whether onsite or working remotely, WSFS’ class of 130 interns have been putting classroom lessons into practice to make an impact across the Bank’s regional footprint this summer. “From retail banking and consumer lending to information technology, our dedicated interns have lived our mantra of ‘We Stand for Service,’” said Dionndra Rooks, Talent Acquisition Partner at WSFS Bank. “We’re thrilled to provide hands-on experience to more than one hundred interns this summer and help them build foundations toward successful careers.”

Four Ways to Invest Extra Cash in Your Savings Account

Last year, many Americans stockpiled cash to prepare for the uncertainty of the COVID-19 pandemic. So much so, the personal savings rate for Americans reached record levels. The U.S Bureau of Economic Analysis (BEA) reported that the savings rate for Americans was up to 33% in April 2020, the highest ever reported by the BEA.1 Coming into 2021, the savings rate for Americans has come down as the economy reopens with consumers unleashing pent up demand. However, even with higher spending compared to 2020, Americans continue to exhibit elevated saving rates compared to pre-pandemic levels.

Back to School: How To Teach Young Children Valuable Financial Lessons

Summer is unfortunately winding down, which for students and their parents means it is back to school season. After a few months out of the classroom – or in some cases a full year with remote learning as a result of the pandemic – it is time to get your children prepared for not only a successful school year, but now is also a great time to start lessons that might not be available in their school: financial literacy lessons.

Pamela Santos Finds an Industry and Career She Loves at WSFS

Growing up in the Dominican Republic, Pamela Santos never thought she would see the day she worked for a bank. “My mother worked in the banking industry for more than 20 years back in the Dominican Republic,” said Santos, an Assistant Branch Manager at WSFS’ Trolley Square Banking Office in Wilmington. “After seeing her deal with lots of stress, I told myself that if that is what it is like to work in banking, then I would rather not do that. But here I am, and I love all parts of working at WSFS!”

Top Things to Consider When You Need an Equipment Finance Partner

The right finance partner can make a huge difference in the structure, operations, and growth of your company. This relationship can be the difference between growing your business and remaining stagnant; winning new business and losing potential customers to a competitor; or even loyal employees leaving and high turnover rates. So why do so many equipment sellers settle for less than top-tier equipment finance partners?

Feeling Left Out of the Housing Market Boom? Why Refinancing Your Current Home May be a Better Option

With record low interest rates and an eagerness among Americans to buy homes with more space as they adjusted to the COVID-19 pandemic’s impacts on daily life, the U.S. housing market has experienced a boom over the past year that we have not seen in quite some time.

Returning Interns Embrace Another Summer of Learning and Development at WSFS

For many young adults, internships provide pivotal experience applying what they learned in the classroom to real life situations and help to launch their careers. At WSFS, dozens of interns each year embrace the opportunity to assist the Bank and its Customers with everything from banking transactions and mortgages, to small business lending and more.

Mobile Banking and Payments Are on the Rise – Here’s How You Can Use Them Together

Over the past year, we’ve seen a rapid acceleration of consumers using mobile banking and digital payment options to keep track of their expenses, send and receive money from family and friends, make purchases at local businesses and more.

The Ins and Outs of Estate Planning

Developing an estate plan is important for everyone, and imperative for those who have a family or are accumulating assets. Regardless of your level of wealth, an estate plan allows you to make your own decisions regarding who will receive your assets upon your passing, appoint someone to make financial and health care related decisions on your behalf if you are unable to, and help to minimize the cost and complexity associated with transferring your assets to your beneficiaries.

New Study Shows Cash Remains a Mainstay for Both Consumers and Businesses, Even in the Age of Technology

Despite the availability of technology-driven forms of payment such as credit cards, debit cards, and mobile wallets, cash remains a mainstay for both consumers making payments (40% prefer to use cash) and businesses accepting them (78% accept cash as a form of payment), according to a new study published by Cash Connect, a division of WSFS Bank that provides cash logistics services.

Is Now the Time to Introduce Alternative Strategies into Your Investment Portfolio?

Is the traditional 60/40 portfolio being challenged by a new paradigm? That architype relates to the historically negative correlation between bonds and equities. This year the two major asset classes have experienced a positive correlation, move in the same direction, causing investors to wonder if this type of environment will last longer. If it does, this could be a great opportunity to introduce alternative strategies into a portfolio. We believe this strategy can help you meet your overall goals while maintaining the overall risk profile of a portfolio at its desired level.

How a Small Business Commercial Real Estate Loan Can Help Owners Plant Roots and Reinvest in Their Business

For many small business owners, finding the right location is only half the battle. From lease agreements and rising costs of rent to finding a new location when necessary, sifting through the options can be overwhelming and time consuming – and it takes you away from driving sales and revenue.

Tips for Identifying the Right Financing Partner in the Veterinary Industry

A veterinarian’s job is to care for our beloved furry friends that, unfortunately, can’t communicate exactly what’s wrong or what they are feeling. Therefore, many veterinarians rely on equipment such as ultrasounds, digital radiography, endoscopes and analyzers to give them a more holistic view of the situation at hand, and to help make informed recommendations and decisions.

From Personal Banker to Executive Vice President: Shari Kruzinski’s Commitment to WSFS and Others Drives Success

Shari Kruzinski’s career can be defined with one word: commitment. Kruzinski has remained dedicated to WSFS and her fellow Associates, her Community and the success of women throughout her more than 30-year career at the bank, one that began as a Floating Personal Banker at age 19.

Cash Still Plays a Role in Everyday Payments

A recent study found that consumers still use cash for everyday payments as well as budgeting. The survey polled 1,500 Americans to analyze their payment preferences and found 51% said using cash helps them budget their money, with Gen Z being the most likely to agree.

Grow or Sell – What’s the Next Move for Your Business?

The past year’s unpredictability has business owners large and small deciding what their next step should be, including whether now is an optimal time to grow or sell their business.

Startup Grind with Candice Caruso

Candice Caruso joined Dr. Dan Young of TEDx – Wilmington on a recent episode of Startup Grind, an international collection of entrepreneurs and intrapreneurs who share best practices and learnings in their careers.

Six Ways to Protect your 401(k) During a Stock Market Crash

A stock market crash is simply a sharp downturn in prices that can happen swiftly and often with no notice. They have happened for centuries, and we will continue to experience them. A decline of 30%-40% is not unprecedented and can invoke fear, causing us to act unlike ourselves. We may even inadvertently throw our financial plans off track, which is where a good financial adviser can be invaluable.

How To Avoid Vacation Scams

Vacation season is heating up! After a year that saw trips and plans cancelled due to the pandemic, many consumers are eager to get back on the road or in the air, but vacation-related scams are on the rise, with increasing reports of rental car and vacation home rental scams.

Is it a Match? Key Considerations When Evaluating Your Business Banking Relationship

Banking options aren’t one-size-fits-all, and neither is your business. Like your business, your banking partner plays a critical role to your success, requiring regular monitoring to ensure it fits your needs now and down the road. A lot can change in a fiscal year so evaluating your relationship annually is smart business.

How to Determine if a Personal Loan is Right for You

With interest rates at record lows, there has been a huge focus on Americans borrowing money for new homes, home remodels and long-delayed weddings or vacations. In many homebuying or remodeling instances, people take out a mortgage or use their homes’ equity to fund a new purchase or improvements to their existing homes.

Celebrating Pride Month: Embracing Change Leads Lex Wainwright To a Career He Loves

When Lex Wainwright began his career, he didn’t see his journey leading him toward banking. After obtaining his B.S. in interior design with a minor in art history from The Art Institutes, Wainwright was working with an architect prior to joining one of Philadelphia’s most exclusive firms as an interior designer.

Money Management 101: For Recent Graduates, the Financial Journey Begins Now

You did it! With your college, trade school or high school diploma in hand, you’re ready to strike out on your own into the real world. Whether you have a job in your chosen field lined up or are searching for the right opportunity, now is a great time to take a good look at your post-graduate finances to determine next steps in your new money management journey.

Celebrating Pride Month: Vanessa Kreckel’s Eye for Design and Love of Having an Inclusive Culture Drives TPD Design House’s Success

When Vanessa Kreckel started Two Paperdolls (now known as TPD Design House) at the kitchen table of her home in 2001, she didn’t imagine her business would grow into a full-service design agency in Wayne, Pennsylvania with 35 full time employees.

Celebrating Small Businesses That Inspired and Thrived During the Pandemic

Endure. Persevere. Adapt. Pivot. These four words, and many more, describe thousands of small businesses in the Greater Philadelphia and Delaware region and what they did to survive when the COVID-19 pandemic’s impacts were felt.

How To Discuss Finances as a Couple

The excitement that comes with the decision to purchase a home together, getting engaged or married can bring with it some added stress, particularly when it comes to discussing shared finances. According to a recent WSFS Bank study, 50% of Millennial and Gen Zers said discussing money with family makes them very uncomfortable.

How Inflation Affects Us, and How We Can Prepare For it

Inflation is the rate at which the cost of goods and services rises over time and can affect almost any good or service: food, housing, utilities, entertainment. As inflation rises, the purchasing power of consumers is diminished because over time inflation adds up, the value of the dollar declines, and consumers are forced to spend much more for the same basket of goods and services.

Celebrating Pride Month: Joe Kirk’s Journey Leads Him Toward Building a More Equitable Community

Joe Kirk’s life and career have taken him many places through the years, from his roots in Southern New Jersey, to obtaining his MBA in Puerto Rico, to Delaware, where he landed at WSFS Bank in March.

What You Should Know Before Buying a Vacation Home

Over the past year, many people have changed the way they look at their homes. In many instances, homeowners have looked to upgrade to accommodate their working and living arrangements.

Celebrating Pride Month: Terry Kistler Helps To Build an Inclusive Environment at Work and in the Community

After beginning his career in the restaurant industry, where he served as a restaurant manager for more than 15 years, Terry Kistler made the move to banking and financial services while living in Florida. Following his time in the Sunshine State, he moved back north to a different shore, landing at WSFS Bank in Lewes, Del.

When will Gold Shine Again? Look at Real Yields

Gold is one of the most debated topics in investing. Some experts love it, others turn away. Investors focus on numerous factors that drive the price of gold. One common factor is supply and demand. Another common factor is uncertainty in the markets and one that is less obvious but seems to have more predictive power over the last decade, is real yields.

Celebrating Small Businesses: Max Fitness Keeps Clients Connected to Their Workouts and Each Other by Creating Daily Sessions for Online Community

Eric Hailey had a feeling COVID-19 would impact his business, Max Fitness in Mt. Laurel, NJ, even before shutdown orders took effect. Two weeks prior, he began recording “One Weight Workout” videos for clients so they could stay in shape while his fitness center was shut down.

Celebrating Asian American and Pacific Islander Heritage Month: How Giving Back and Leaning on Relationships Helped Jung Ahn and His Team Navigate the Pandemic

When Jung Ahn and his business partners, David Taing and Kenny Poon, opened their The Halal Guys franchise in Chinatown Square in Philadelphia, Pa. more than six years ago, he never could have envisioned how a global pandemic would further deepen his strong roots in Philadelphia’s small business and Asian American and Pacific Islander (AAPI) communities.

Traveling This Summer? Be Prepared to Alter How You Spend Your Budget

With COVID-19 vaccinations underway, restrictions easing and the school year wrapping up, many people are ready to get out of the house and spend their summers traveling again. Whether visiting family and friends, getting back to annual vacations or choosing new destinations to explore, travelers are charting their plans. However, with some restrictions still in place or limited availability for flights or lodging, traveling on a traditional budget could prove difficult.

Finding the Right Financing Partner for Your Business

Choosing the right equipment financing partner for your business may seem daunting because there are many options and not all financing is equal. Those in woodworking know that there has been an uptick in demand across various segments like furniture or kitchen cabinets. Finding the right equipment and then someone to finance it quickly is key to keeping up with demand or growing the business.

Celebrating Asian American and Pacific Islander Heritage Month: Shaheen Mohajer Embraces Change to Help Grow His Career and Communities

Born in Iran in Western Asia, Shaheen Mohajer’s journey has led him to embrace change throughout his personal life and his career. “At the age of six, my family and I escaped from Iran due to religious persecutions and danger to our family for being members of the Baha’i Faith,” Mohajer said. “We were trying to find a home for about two years until America opened its arms to us as religious refugees.”

Celebrating Small Businesses: Annamarie’s Place Stays Open, Helps Fellow Local Restaurants Stay Afloat and Feed Families in Need During Pandemic

After being in business for 26 years, Annamarie Chestnut knew she had to prioritize two things when the pandemic hit: her team and her community. Her team wanted to work, so Annamarie’s Place quickly switched from a breakfast and lunch establishment to serving all meals as a takeout restaurant. Having never served dinner before, Annamarie’s purchased food and supplies from other restaurants who could not stay open, helping them recover some of their money.

Important Steps for Proper Retirement Planning

Many of us are familiar with using a map to reach an unknown destination or following directions to assemble an item. Think furniture from a certain Swedish store. Without the map, we’d have a tough time finding our destination and without the directions we’d have an even more challenging time assembling the furniture.

Celebrating Asian American and Pacific Islander Heritage Month: Asian American Women’s Coalition Supports the Advancement of the Community through Leadership and Scholarships

Co-founded in 1987 by community leader and the “Godmother of Chinatown,” Cecilia Moy Yep, the Asian American Women’s Coalition (AAWC) is dedicated to the advancement of Asian American women through leadership and mutual support.

Celebrating Small Businesses: Little Goat Coffee Roasting Owners and Employees Team up to Transform Their Shop, Support the Local Business Community

The COVID-19 pandemic proved to be a turning point for Little Goat Coffee Roasting’s owners, Joe Lins and Olivia Brinton. After having started Little Goat in 2017 at a local framer’s market with two dollars in savings, bucking the odds was something they were accustomed to.

Ways to Prepare for Receiving an Inheritance

An estimated $60 trillion is expected to be transferred from baby boomers to their heirs in the coming years. The passing of a loved one, sometimes unexpectedly, can be especially stressful. Receiving an inheritance can further compound the emotional strain, particularly if you are settling the estate, dealing with creditors, and organizing the assets.

Celebrating Asian American and Pacific Islander Heritage Month: Don Lee’s ‘Never Quit’ Attitude Benefits Customers and Communities

After joining WSFS Bank as a Corporate Banking Trainee in 2012, Don Lee hit the ground running, using hard work, discipline and a desire to learn continuously to start his climb up the proverbial corporate ladder.

Celebrating Small Businesses: How the Owners of Lavish, A Jenée Chanel Salon, Reinvented Their Business to Grow from a Local Salon to a National Retailer

When Jenée Brockington and Turquoise McKenzie opened Lavish, A Jenée Chanel Salon, five years ago, the childhood friends couldn’t have imagined that the hair growth serum they developed for their loyal Philadelphia customers would spark their small business’ resurgence during a pandemic.

How to Fuel Your Small Business’ Post-Pandemic Rebound

The past year has seen dramatic change for many small businesses, from operations and personnel needs to customer preferences around purchasing and delivery of products and services.

WSFS Teaches Younger Generations the Value of Giving Back with Take Your Children to the Community Day

For years, WSFS has helped instill the value of service to the community in future generations each April through “Take Your Children to the Community Day,” WSFS’ spin on the national “Take Our Daughters and Sons to Work Day.”

Celebrating Asian American and Pacific Islander Heritage Month: Philadelphia Chinatown Development Corporation Supports Community Through Comprehensive Programs

From its start as a grassroots organization 55 years ago, the Philadelphia Chinatown Development Corporation (PCDC) has grown to support the community through a variety of initiatives and avenues.

Emerging Markets: Ripe for an Upswing?

With the majority of market chatter engulfed in the inflation debate, certain asset classes have been a focus for portfolios. Typically, investors flock to commodities during times of high or expected high inflation. Another asset class that can help mitigate inflation risks in a portfolio is emerging market equities.

Ways to Prepare for Wealth Transfer to the Next Generation

An estimated $60 trillion is expected to be transferred from baby boomers to their heirs in the coming years. Accordingly, it is always important to meet with a financial advisor to ensure that the “great wealth transfer” is a smooth one for you and your loved ones. The more proactive you are, the more likely you are to achieve your goals of reducing taxes, giving to charity, and the list goes on.

The Homebuying Market is Tough – Take These Steps to Be a More Attractive Buyer

For months, most of the region has experienced a white-hot real estate market as interest rates remained low and people sought new homes to fit their pandemic-influenced work, school and leisure lifestyles.

How To Improve Your Credit Score

Building a solid credit score can go a long way toward achieving your financial goals, but it can get a bit confusing when it comes to establishing and improving your score.

No Inventory, No Problem. Tap Into Your Home Equity to Get the Features You Can’t Find in a Crunched Housing Market

By now, it is no secret that finding a new home is a daunting task for many would-be homebuyers. Low inventory levels, coupled with rising prices, are creating immense competition, leaving even the most prepared and financially attractive buyers left out of the frenzy to find a home with more space and features they desire. In fact, a recent WSFS Mortgage study revealed that more than two-thirds (69%) of respondents feel the middle class is being squeezed out of the market.

How Does Your Credit Score Impact Your Financial Goals?

Whether you’ve built a solid credit score already or have one that still needs work, it’s important to know what ways your credit score affects you.

Spring Cleaning: How to Freshen Up Your Financial Situation

Spring is in the air, which for many means it’s time for a little spring cleaning. After a difficult year for many financially, there’s one often overlooked item you’ll want to ensure is on your spring cleaning checklist: your finances.

What Is a Credit Score and What Impacts It?

Your credit score can play a large role in achieving your financial goals. A recent WSFS Bank study of 2,005 Americans between ages 18-40 found 65% of respondents agreed they understood what types of behavior impact their credit scores. But, understanding what exactly your credit score is and what impacts it can have gets confusing at times, and it never hurts to have a refresher.

Five Important Topics Your Financial Advisor Should Cover During a Portfolio Review

Everyone has different financial needs, and proper planning is a critical step to ensure you are on track to meet your goals. When we are young, life seems simple, but as we age our lives become more complex and this requires more planning. When you meet with a financial advisor, it is important for the advisor to understand every component of your life. During a portfolio review meeting, you and your advisor should cover these five topics.

Long Growth Stocks Equals Increased Interest Rate Risk

Duration is a term used in fixed income investing. It is a measure of interest rate risk that a bond or fixed income strategy has. Bond prices and interest rates move inverse to each other; thus, interest rate risk is the potential reduction in the value of a bond if interest rates move higher. The longer the duration, the larger the loss.

Celebrating Women’s History Month: WSFS’ Lisa Washington Discusses Paths to Success and Finding the Right Balance in Your Career and Life

Lisa Washington, SVP and Chief Legal Officer at WSFS Bank, has held a variety of positions during her nearly 30-year career, from working as an attorney for national law firms to Chief Legal Officer at an energy management company.

Approach Your Small Business’ Lending Options With an Eye On Cash Flow, Growth and Preparedness

When we emerge from the COVID-19 pandemic, many small business owners will have gone a full year or more trying to secure or continue loan programs designed to help them survive during incredibly stressful times and circumstances.

How to Build Financial Foundations for Younger Generations

A solid financial education foundation can be key to future success managing money. Unfortunately, many younger generations are left with the feeling they’re “on their own” to figure things out when it comes to personal finances. A recent study from WSFS Bank of 2,005 Americans between ages 18-40 found 61% of respondents agreed that most of what they’ve learned about finance was through osmosis, with 75% of men agreeing compared to 49% of women.

Celebrating Women’s History Month: Alice Paul Institute Honors the Legacy of One Female Trailblazer While Developing Future Leaders

Founded in 1984 to honor the legacy of suffragist Alice Paul’s work for gender equality, The Alice Paul Institute (API), based in Mount Laurel, NJ, works to educate the public and train future generations of female leaders.

Celebrating Women’s History Month: Corynn Ciber Helps Drive WSFS’ Delivery Transformation to Better Serve Customers

Having worked in the finance and technology industries for nearly 25 years, Corynn Ciber is no stranger to breaking barriers. In two industries that women have been underrepresented in, she has blazed her own trail, leading to her role as Senior Vice President and Chief Digital Officer at WSFS Bank.

The Competition for Homes is Tough – Here’s How to Stay a Step Ahead

Spring is almost upon us, and normally the homebuying season would be warming up with the weather. Instead, it is expected to remain red hot, as it has been for months since we emerged from the pandemic’s first wave last summer.

Celebrating Women’s History Month: LaShelle Birch Breaks New Ground, Expands Operations as a Second-Generation Business Owner

As a second-generation business leader and female business owner in a predominantly male-dominated industry, LaShelle Birch knows a thing or two about “proving it.”

How to Invest Cash When Rates Are Low

Is yield too much to ask for? In a low interest rate environment with tight credit spreads, the answer at a first glance seems to be yes. For those who are aware, yield is defined as the income return on your investments.

In the Current Homebuying Market, Be Ready to Think About Your Needs and the Process Differently

As we move into the spring homebuying season, one thing remains clear—the market will remain red hot in many areas throughout the region.

Celebrating Women’s History Month: Junior League of Wilmington Advances Women’s Causes for More than a Century

Since 1918, the Junior League of Wilmington (JLW) has been committed to promoting volunteerism, developing the potential of women and improving local Communities. “For 100+ years, the JLW has identified issues affecting the Community, and created solutions to serve the Wilmington population, through Community projects and partners,” said Jessica Chapple, President, Junior League of Wilmington.

Give Your Small Business the Home it Deserves

During the life span of their business, every small business owner faces decisions about where to open a physical location, whether to stay there long term, and if they own the building, what improvements to make and how to finance them.

Use Your Tax Refund Wisely

It’s that time of year! Tax season is quickly approaching and though some may dread having to complete their 2020 returns, many look forward to receiving a refund. This begs the question “what should I do with my refund if I get one?”

Celebrating Women’s History Month: By Never Letting Go of Her Entrepreneurial Spirit, Doaa Mohamed Keeps a 20 Year Dream Alive to Open Her Own Franchise

When Doaa Mohamed first started dreaming of owning her own franchise business in 2000, she was a 20-year-old retail manager with limited financial resources.

Using Credit to Access Capital for Your Small Business

When entrepreneurs reach a point in their businesses where they need additional cash flow, they often look to credit. While credit is a good resource for a new small business venture, it’s important to use it wisely, much like personal credit. In fact, an owner’s personal credit history can affect their ability to get credit for their business too. This is especially true for startups and sole proprietorships. In the early stages of building your business, your personal budget and credit can be a factor in your business’ finances.

In a Post-pandemic Economy, Small Business Leaders Will Need New Strategies for Success

The new normal. It’s a phrase we’ve been hearing for nearly a year, generally referring to how we must adapt and adjust to changing safety protocols, shopping habits, work and school environments and more as we navigate our daily lives in a pandemic.

Celebrating Black History Month: WSFS Bank’s Michael Conklin Leans on Strength and Wisdom of Previous Generations as He Charts His Own Path to Success

Growing up in Wisconsin in the 1970s and 1980s, Michael Conklin, WSFS Bank’s Executive Vice President and Chief Human Resources Officer, knew he would have to approach every day with an inner drive and resolve to succeed.

Americans Under 40 Figure Out Their Financial Future

According to a WSFS Bank Study of Millennials and Gen Z consumers, 65% of respondents describe their overall financial situation as either “good” or “excellent,” and nearly six in 10 (58%) are optimistic that they’ll achieve their financial goals one day.

Celebrating Black History Month: African American Museum in Philadelphia Brings Diverse Communities Together Through Art, Culture and History

Since its founding in 1976, the African American Museum in Philadelphia (AAMP) has interpreted and presented the achievements and aspirations of African Americans from pre-colonial times to the current day.

Despite Financial Optimism, Common Monetary Goals Feel Out of Reach for Millennials and Gen Zers

It’s no secret Millennial and Gen Z consumers have faced their fair share of adversity from financial crises as they matured from adolescence into adulthood. And while every generation faces financial setbacks, these adverse events have had a profound impact on these younger Americans, affecting their habits and leaving some common goals feeling out of reach, according to a new study from WSFS Bank of 2,005 Americans between ages 18-40.

Why Construction Loans Aren’t Always the Same – And What to Know Before You Get One

While the past year has posed many challenges, it has also presented several opportunities for developers and businesses to identify new avenues for both residential and commercial building. For example, many sectors like life sciences, grocery and multifamily have seen an increase in construction activity over the past year due to the current climate and needs of communities.

Renovate Your Home or Buy New – Which is Better?

Over the past year, the idea of what the home looks like and its daily purpose has changed for many people. Sure, we wanted to have our creature comforts to come home to after a long day at work. But the COVID-19 pandemic brought new challenges to how we use the space available to us and how we view the long-term viability of our current homes.

Mid-Cap Investments: Easily Forgotten but Never Should Be

One area of the equity markets that often gets neglected is the mid cap space. Investors and the media primarily focus on large capitalized companies. At certain times, small cap companies will be mentioned as pockets of opportunities to increase portfolio returns. But mid cap companies barely get any attention, as if they don’t even exist. I am of the opinion that over the intermediate term, mid cap companies could be fruitful investments within client portfolios.

Celebrating Black History Month: MLK VOICE 4 YOUTH Provides Students a Platform to Speak Up on Important Issues

Since its founding in 2016, MLK VOICE 4 YOUTH has provided Delaware students a safe platform to speak up on issues important to them and creatively share how Dr. King's legacy guides their response to today’s challenges.

Celebrating Black History Month: How Ron Dutton’s Work at WSFS and Nonprofits Helps to Better Communities

In a career that has spanned more than 25 years in banking and financial services, Ron Dutton has held a variety of roles from business banking and government and institution banking to his current position as Senior Vice President, Director, Community Reinvestment at WSFS Bank.

How To Adjust Your Budget During COVID

One of the keys to building a successful budget is to continually reevaluate your income and variable expenses, accounting for any needed adjustments.

Celebrating Black History Month: How Tanya Hill-Holliday Became the First Black Female McDonald’s Franchise Owner in Philadelphia

When Tanya Hill-Holliday speaks, it is impossible to not listen and feel inspired. Hill-Holliday, the founder, president and CEO of TanWay Enterprises, forged her path of leadership as a state track and field champion in high school, then as a part time McDonald’s employee while earning her degree in business administration and management at Morgan State University.

What You Need to Know About PPP Forgiveness, the New Round of PPP Loans and Additional Stimulus for Your Business

In December 2020, the Federal government passed a new $900 billion stimulus that includes $284 billion in additional Paycheck Protection Program (PPP) funding for small businesses.

Financial Planning is Key to a Successful Retirement for Business Owners

Business owners are a special breed: full of passion, grit, experience and persistence. They work a lifetime to build their businesses. However, while they pay themselves along the way, the real money, the wealth they have worked so hard to create, is primarily housed in their business.

TeenSHARP Boosts Students’ Academic and Professional Careers with Help from WSFS

Founded in South Jersey in 2009, TeenSHARP works to increase underrepresented students’ access to college and develop student-leaders who are successful, high-achieving and reaching potential (S.H.A.R.P.).

Investing During Life’s Stages

While you would ideally start saving for retirement when you earn your first paycheck, that’s not reality for most Americans. There may be many reasons for being unable to save for retirement, including having experienced financial hardship for a year or more, having to take time off from work to be a caregiver, or having accumulated medical or college debt.

When Buying a New (or New to You) Car, Plan Ahead and Stick to Your Strategy

For some people, buying a car can be a nerve-wracking experience. The auto industry has made great strides in creating no-hassle, enjoyable car buying experiences, but there’s still a lot to consider such as down payments, financing, and what price point realistically fits into your budget.

Finding the Right Fit: How a Lifelong Engineering Leader Pivoted to a New Career as a Small Business Owner

After running a factory in corporate America for 25 years, Nate West wasn’t short on options when considering the next phase of his career.

This Year, Look at Your Small Business Checkup Through a Different Lens

In a year of constant change, one thing remains the same for your small business: it’s time to assess your business’s successes and opportunities heading into 2021.

WSFS Grant Helps 4th-Dimension Leaders Develop Transformational School Administrators

Founded in 2015, Wilmington-based Lead for Delaware’s goal was to train school leaders who could create meaningful change in high-need schools throughout the state.

New Year, New Goals: Zero-in on Your Small Business’s Finances and Strategy to Meet This Year’s Goals

Every year, small business owners and operators assess the wins and opportunities from the previous twelve months, looking for new ways to drive revenue, save money, leverage new innovations or technology, and provide their customers with the products and services they desire.

How To Budget for 2021…and Beyond

The New Year is a great time for a fresh start, and there is no better way to get that start than by setting yourself up for financial success in 2021 and beyond.

How Hosting an On-site ATM Generates Business

During these challenging times, as business owners are looking for new ways to generate new income and increase foot traffic to their storefronts, they may want to consider adding a customer convenience that also brings in revenue – a bank-branded ATM.

Equity vs Bond Markets 2021, A Tale of Two Cities

Looking to 2021, equity and bond market dynamics are fascinating to say the least. Equity markets might have one of the best backdrops in years. However, a lot hinges on the two Georgia Senate runoff elections to occur on January 5th, 2021.

End of Year Checkup – Take Stock of Your 2020 Finances to Prepare for 2021

In many households, 2020 has seen changes in our financial lives. The COVID-19 pandemic changed what we spend on and what we save for, such as more groceries due to working and schooling from home or less on transportation and parking. For others, the pandemic has had an immediate, and in some cases lasting, impact on income.

WSFS Grant Helps Sussex Montessori Provide Alternative Approach to Education

When work for the Sussex Montessori School began in conjunction with Montessori Works in 2013, the goal was to establish an innovative educational opportunity through an affordable Montessori school in Sussex County, Del.

Managing Your Small Business’ Relationships – Tips For 2021 and Beyond

When small business leaders look back on 2020, many will see recurring themes of change, resiliency and the importance of relationships as they adapted to an unpredictable operating environment.

How to Use Social Media to Promote Your Small Business During the Holidays

Social media is now more pertinent than ever for small businesses. It is the word-of-mouth in the digital age. This holiday season, social media is a great tool to ask your customers to support you by shopping small. Understanding how to engage with potential customers is the first step.

Advisor Timing: When Should I Hire a Wealth Partner?

Do you like to “dabble” in the stock market? Get a “hot tip” at a cocktail party? Read about a new technology or promising new drug and decide to take a “flyer” on its stock? It may be fun to do this with extra cash you may have, but do you have a long-term investing plan?

This Holiday Season, Make Your Money Work Smarter – and Safer – For You

These days, budgeting for the holidays is not only about saving for shopping – it’s also about saving while you shop. With the plethora of options available online, in stores and through how you pay, it’s easy to stack savings while stuffing your family’s stockings.

Five Financial Moves to Consider Before the End of the Year

Annual financial check-ups are as important as annual physicals at your doctor’s office. Life gets busy and it is easy to put these things off. It is important to your financial well-being to make sure you review your investments and goals at least annually so that there are no surprises along the way. Here are five simple things you can do before year-end to help you stay on track.

For Women-Owned Business Leaders, Now is the Time for Professional and Personal Growth

As a leader, recognizing traits in individuals that are fits for your organization and its culture is key. But a leader’s job isn’t just finding the right people – it’s cultivating talent, enriching employees’ careers and lives – and your own.

Post-Election, a Diversified Portfolio is Needed

One could argue that if there ever is a time to stress diversification in an investment portfolio it would be 2020 post-election.

Consumers Are Ready to Shop Local – Capture Their Attention and Boost Your Holiday Sales

Throughout the COVID-19 pandemic, businesses have had to make changes to how they operate, pivoting to keep up with local restrictions as they intensify or ease.

Young Investors: Time Is On Your Side

With age comes wisdom, but in investing, it is wise to invest before you age. In a recent WSFS Wealth survey of consumers in the greater Philadelphia region and Delaware, two-thirds of young people (67%) are concerned about outliving their money.

Tax and Cash Flow Implications for Your Hobby or Business

You just finished giving your first drum lesson to a friend and are feeling confident enough to continue giving lessons more often.

Investing in Financial Markets Through the Ups and Down

The resilience of the stock market during the pandemic is one of the more remarkable stories in this most unprecedented of years. Despite COVID-19, a recession, social unrest and natural disasters, the Dow Jones Industrial average is up significantly since it cratered in March.

Businesses Prove They Have the Grit, Resiliency and Relationships to Weather a Pandemic

When the COVID-19 pandemic caused parts of America to lock down last spring, many businesses were directly and swiftly impacted. Some businesses needed to pivot on short notice to safely keep their doors open and provide customers with the products and services they expected and needed. Others began to plan for when they could open again under much different guidelines than before.

A Community of Collaboration: These Local Artists Are Using Creativity to Fuel Their Passions and Careers

In the 11 months since REC Philly opened its new space in Philadelphia’s Fashion District, much has changed for its members in the arts community.

What Is IRS Section 179 and How Can It Help Small Businesses?

Small businesses need to be mindful of their working capital, especially during the COVID-19 pandemic. Fortunately, there is a way they can purchase the equipment and software they need by the end of the year without breaking the bank.

How To Give Back to Your Community During the Holidays

The season of giving is upon us. While the holidays typically mean quality time and exchanging gifts with family, I encourage those who can to look for ways to give back to their communities and nonprofit organizations in need of support.

Tax and Estate Planning

Estate planning is the process of determining what happens to you and your property when you can no longer make decisions because of incapacity or death. Without a plan, an already difficult situation for your loved ones can be even worse. Not having a plan can delay your medical care if you become incapacitated and make it harder to pass your wealth to your heirs if you pass away.

Business Transition Planning

Have you created a transition plan for your business? Planning for the next generation or for a potential sale can lead to a better outcome. It is important to understand the steps involved in creating a comprehensive transition plan and why starting sooner rather than later can lead to the best results for your future and that of your business.

My Advice to Women – Be Who You Are and Success Will Follow

When I reflect on my career at WSFS Bank, which started more than 30 years ago, I often think about the connection between the Bank’s growth and my own. The two are so intertwined, it is difficult for me to imagine anything transpiring differently on this journey that WSFS and I have been on together.

Turning Your Creativity into a Business: Tips for a Solid Financial Footing

You’ve learned what brush strokes to make, what notes to hit or what words to write. But here’s what they probably didn’t tell you in school: Your unique talent is also your business. And that comes with the need to have a business mindset that gives you the financial security to pursue your artistic vision.

Unemployed During COVID: A CPA’s Perspective and Lessons Learned

Like many during the COVID-19 Pandemic of 2020, I found myself out of work. Waking up to a world that literally shut down overnight, it was concerning not knowing where I would find my next paycheck. Should I start a bookkeeping firm to bridge the gap between jobs?

Teamwork Makes the Assets Work – A Financial Advisor Can Be a Woman’s New BFF

In today’s economic and cultural backdrop, more women need to seek financial advice and prepare for a secure future. It is important for women to take ownership of their financial lives. Financial independence, maintaining one’s lifestyle and the ability to meet long-term health care needs are top priorities for women in retirement.

Election Cycles… Stay the Course

Every four years, the investing world holds their proverbial breaths to see who the next president will be. Whether it will be an incumbent President or a new candidate who wins the election, investors discuss and debate what the next four years of government policy will look like and how it will affect the markets.

Easy Ways for Consumers to Simplify Their Banking and Go Digital

Months into the pandemic, we continue to see many aspects of our lives transform at an accelerated pace. Banking is no stranger to the digital frontier. By 2006, 80 percent of U.S. banks offered online banking, in turn enabling digital banking to evolve and secure itself as a simple, safe and convenient avenue for customers to complete their financial tasks and reach their monetary goals.

Remote Onboarding: Reimagining the Future of Work

The pandemic caused most employers to reimagine hiring and onboarding practices to pivot the processes to be virtual. In this video, WSFS’ Patrick Best discusses best practices for remote onboarding, including implementing video interviewing and orientation processes, managing expectations and the need to over-communicate with interviewees, how the new hire should be treated as the “Customer,” how to integrate new hires into the company culture remotely and more.

Can You Spot a Phishing Scam?

Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online banking, the problem is only growing worse.

How to Choose the Right Financial Advisor for You

Most Americans believe in managing their own money. While that is ok for some, for others, they may find themselves lost and unprepared for retirement. What often bridges the gap between financial freedom in retirement and those unprepared for life’s financial challenges is an Advisor.

Tips for Helping Your Clients Get Their Mortgage–and Their Dream Home–Faster

A recent WSFS Bank survey found that homebuyers feel high levels of anxiety when purchasing a home even more than when getting married by a wide margin (64% vs. 36%). As we have all seen in recent months, the inventory shortage is contributing to multiple offers and even more anxiety for buyers.

Digital Considerations to Help You Prevent Fraud

You’ve seen it – someone sends you an email posing as your bank, asking you to verify your account information. Or maybe your business receives an electronic invoice from a vendor with a minor, yet off-putting, detail – like an unfamiliar email domain name. One small lapse of judgment on your part, and you’re compromised.

Equipment Financing for Small Businesses

For many small businesses, surviving today’s economic uncertainty means that being conservative with working capital is a necessity. Some can get by with hiring freezes or finding ways to cut down on operational costs. For those who need to purchase or upgrade expensive equipment to remain competitive, however, cutting down on costs may not be enough.

Effects of Asset Inflation Outpacing the Cost of Living

A dollar today does not represent a dollar tomorrow. Inflation is the cause of that fact. Traditional measures of inflation have depicted a lower rate of inflation over the past 20 years. However, measures used by the government agencies are missing other forms of price increases that cannot be ignored and should be considered.

Get More Confident about Investing – Start by Educating Yourself

At some point in everyone’s life, there is usually a reason that prompts you to start investing. Some of the reasons may include establishing an emergency fund, saving for a home, saving for a college education and building retirement funds.

WSFS Pivots Volunteer and Donation Efforts to Continue Community Support During COVID

The pandemic has had an unprecedented impact on the communities in which we live and work. As the needs of many have increased, so too have the hurdles for providing support to nonprofit and community organizations in a safe, socially distanced way.

How to Choose the Right Loan to Remodel Your Home, Make a Large Purchase or Consolidate Debt

With so much talk around home buying and refinance rates driving the housing market this summer and fall, many want to capitalize on the low rates. Homeowners are choosing to make improvements to their existing houses to accommodate remote working and schooling, or other comforts to gain more living space.

Brewing Success: How Passions for Craft Beer, Comradery and Community Led to a New Family Business

Since they first started dating, Kaitlin and Chris McCall had talked about owning their own business, and with a healthy amount of entrepreneurial spirit along with retail management, marketing and finance experience under their belts, they knew they had a foundation for success.

Building Wealth During Different Life Stages

Investing should be viewed as a lifelong process. The earlier you get started, the better off you’ll be in the long run. Whether its saving for retirement, a new house or college tuition, most of us will need to develop a disciplined savings strategy.

Managing Cash Access Just Got Easier

Cash isn’t dead – and neither is the means for getting it. A half century after they were introduced, automatic teller machines (ATMS) are still standing strong and banks are expanding ways for customers to use them through Mobile Cash technology.

Why Should You Give Back to Your Community?

While we often stress how saving can help lead to a better life, it is just as important to remember to be a giver as well.

Safe Investment Considerations

Many people are risk averse when it comes to investing. It’s natural to be wary of the volatility of the stock market and to want to protect your savings with a safer investment option.

Tips for How To Give Back to Your Community

Now, more than ever, communities and their nonprofit organizations need support. Social distancing has provided an extra hurdle for nonprofits to assist those in need, but where there’s a will, there’s a way.

A Successful Retirement Starts with You

It starts with you. With retirement a mere five to ten years away, many Americans will start to panic thinking (perhaps appropriately) that they are not on track to retire comfortably. In the decade that I have been an advisor, I’ve seen many unique stories that all share a common thread – the desire to live life to its fullest through the choices we make, the things we own and do, and the people most important to us.

WSFS and Be Ready Community Development Corporation Team Up To Help Revitalize Wilmington Neighborhood

Pastor Lottie Lee-Davis of the Be Ready Community Development Corporation first began working alongside WSFS in about 2016 through serving on the Steering Committee for West Side Grows Together with WSFS Associate Jeff Graf, a Retail Office Manager.

Cash Management Gets a Boost from Smart Safes

In this new normal, businesses need to be more certain than ever about their cash flow. Knowing how much cash is coming in – and going out – allows you to evaluate your business’ financial standing and make necessary operational decisions to keep your business healthy.

Money Management — Simple Steps to Take Charge of Your Finances

By definition, confidence is “a feeling or consciousness of one's powers or of reliance on one's circumstances.” People tend to exhibit confidence in their own abilities based on many factors, including knowledge and experience. Sometimes confidence is felt and observed in the moment, while at others it is seen over time through positive results.

Back-to-School 2020 – How to Prepare Your Family for Remote and In-Person Learning This Fall

Back-to-school season is here, and this year is different than any other in our lifetimes. The impact of COVID-19 on our schools last spring was swift as districts had to quickly pivot to remote learning as the pandemic intensified.

WSFS and Anthony Penna Charitable Fund Band Together to Support a Local School’s Music Program

Corynn Ciber, Senior Vice President & Chief Digital Officer at WSFS Bank, first became aware of the Anthony Penna Charitable Fund’s work in the Delaware community a few years ago.

More Stressful Than a Wedding? Many People Say Buying a Home Is Just That

Think back to the days leading up to your wedding – the tension, the fear and then the relief when the final vows were spoken. It turns out that the homebuying process is a lot like that for many people.

Tips for Rolling Over Your 401(k)

In the shifting landscape that is today’s labor market, Americans are changing jobs more frequently. It tends to happen for a myriad of reasons, from mergers and acquisitions, life events or just looking for a new opportunity.

Day Trading… Don’t Believe the Hype

The sharp downward turn in equity markets due to the pandemic and eventual global quarantine caused volatility to spike to a record high.

Delaware Businesses Respond to and Innovate Through Unprecedented Change

These truly have been unprecedented times. COVID-19 will continue to impact businesses and communities in ways we have not experienced in generations.

First-Time Homebuyer This Summer? Here’s How to Build Your Expert Team

Rents are up, mortgage rates are down, and pandemic restrictions are easing. It’s no wonder that so many people across the region are looking to buy their first homes.

WSFS Interns Help Bring Projects to Life to Assist Customers

For many students, internships help forge a path for their future careers, enabling them to gain hands-on experience and determine what type of work inspires them.

How Can You Keep Kids’ Minds Sharp This Summer?

School is out for summer! While it’s a time to rejoice for children, it can leave many parents wondering how to keep their kids learning in between ice cream cones and dips in the pool.

Lights, Camera, Action! NewsWatch TV Keeps Consumers and Businesses In-The-Know With Award-Winning Production and Programming

As a longtime small business owner, Ed Tropeano of NewsWatch TV and Bridge Communications LLC knows a thing or two about the rewards and challenges many of his clients experience when running their companies.

Buying into Volatility

The stock market moves fast on ordinary days. But during extremes, stock market declines can feel like terminal velocity implosions.

Ready to Go – Summer Homebuying Season Is Heating Up With Low Rates, Easing Restrictions

If you’re emerging from your home after the COVID-19 shutdown wanting to buy a new one, you aren’t alone.

On Screen and Off WSFS Intern Class Keeps Learning

Internships provide an opportunity to take principles learned in the classroom and apply them in the real world, while gaining experience that can’t be found in a textbook, to build the foundation for future careers.

The Benefit and Suitability of Roth Conversions

When approaching the age to begin required minimum distributions from retirement accounts, many investors may benefit from a Roth conversion.

Growing Your Business by Learning from Challenging Times

As businesses reopen and face new ways to operate and generate revenues this summer and beyond, many are looking for guidance as they develop new growth strategies, discover new cash flow resources and consider an SBA program for support.

Buying a House is Stressful – Follow These Tips to Manage the Anxiety and Secure Your Dream Home

You've been dreaming about it, thinking about it, and now the time has come to start looking for your new home.

WSFS Retail Associates Branch Out for Customer Service

Across Delaware and the Greater Philadelphia region, WSFS Associates are stepping up and branching out, as they live the mantra, “We Stand for Service.”

Navigating Anxiety When Looking to Buy a Home

WSFS Bank surveyed 1,007 Delaware and Greater Philadelphia area residents in February and May earlier this year, finding that while people are confident they are prepared to buy a home and get a mortgage, they also have anxiety about the process.

Tips for Providing Financial Education to Children

With living rooms taking the place of classrooms as learning continues online, many parents find themselves serving as a teacher now more than ever. An important topic to teach all children – and one that can often be overlooked – is financial literacy.

How a Dog, Mobile Banking Apps and a Little Luck Came Together for a Fur-Ever Tale

As one of the millions of Americans that use mobile and online banking every year, I took the convenience and instant access to my banking accounts, ability to make quick transfers, and ease and speed in which I can pay peers and businesses for granted.

How to Safely Use Rewards Credit Cards and Contactless Payments to Your Benefit

In this new era of social distancing in public, people are turning to using their credit cards and other forms of contactless payments while shopping.

Understanding Paycheck Protection Program (PPP) Loan Forgiveness

What does your business need to know about Paycheck Protection Program loan forgiveness? WSFS’ Candice Caruso discusses forgiveness criteria and other relief options for businesses with the Chamber of Commerce for Greater Philadelphia.

Simple Steps Businesses Can Do to Fight Fraud

As financial institutions develop innovative ways to protect the accounts of businesses large and small, so to do criminals work to develop their own methods.

Viewpoint: Payment Options to Keep Cash Flowing

The coronavirus pandemic has caused lots of uncertainty and change in both our personal and business lives. It has forced us to adapt to a new normal, perhaps changing the way business gets done in the future. While things remain fluid, there are some steps companies should consider to keep payment processing moving forward and efficient.

When Merchants Are Compromised: How Scammers Are Stealing Your Business’ Account Information

As businesses continue to shift to digital payment systems for in-store and online transactions, fraudsters and financial institutions (FIs) are caught in a game of cat and mouse.

Teamwork Makes the Dream Work for New WSFS Associate

Erica McMullen was all set to start her new job as Senior Credit Officer, Credit Administration at WSFS Bank when she found out her first day was also the day the Bank would be moving most employees to remote work to help combat the COVID-19 pandemic.

Celebrating Small Businesses: Route 113 Boat Sales Uses Stellar Service to Keep Coastal Delmarva Boaters on the Water

What started as a hobby became a passion, a way of life. For Glen and Karen Smith, owners of Route 113 Boat Sales and Service in Selbyville, Del., being on the water also became the entrepreneurial itch they needed to scratch.

4 Digital Financial Tools To Help You Bank Safely During COVID-19

With the world still mired in an unprecedented pandemic and social distancing the new norm, people find themselves adjusting the “old way” of handling everyday tasks in order to stay safe.

After PPP – Other Options to Get Your Business Through COVID-19

By now, the dust has mostly settled with the CARES Act's Paycheck Protection Program (PPP) application process. Millions of businesses throughout America have received PPP approvals and funding to help cover payroll and other eligible costs.

Richard Snow Helps Thousands of Small Businesses Only Weeks into New Job

With billions of dollars and the livelihood of many small businesses at stake, Snow knew there was no time to waste in getting Customers’ applications processed. He also recognized right away that he would be wearing many hats.

“Ron the Closer” – How One WSFS Associate Stood and Sat For Service for His Customers

He’s closed a mortgage loan sitting on a pickle bucket and in a high-rise on Wall Street, too. Meet Ron Jablonski. When you’ve been in the mortgage and real estate business for more than three decades like Ron, you’ve seen some unusual circumstances unfold during a closing.

WSFS Bank Associates Go Above, Beyond and Outside in the Name of Customer Service

With a pandemic causing an unprecedented situation nationwide, it was far from business as usual for both Customers and WSFS Associates.

How to Manage Your Finances and Save More Money During COVID-19

By now, you've probably stashed away some extra non-perishable food, cleaning products and toilet paper as we ride out the COVID-19 pandemic. The past months have forced us to adjust how we obtain and use essential products and services as we take extra steps to protect the health of our families, friends and communities.

Protecting Against Payment Fraud During the COVID-19 Pandemic

As the Federal Trade Commission (FTC) reports a dramatic increase in fraud complaints related to COVID-19, now more than ever, businesses must protect themselves and their customers from the realities of payment fraud.

WSFS Culture Shines in Unprecedented Times: Meet Kyle Babcock

Imagine that your start date for a new job in a different industry is in the middle of the worst pandemic the world has seen in one hundred years. Naturally, a lot may run through your mind: how will I get onboarded? Will the company push my start date a few weeks out? If they do that, how will I cover my bills?

How the CARES Act and Smart Decisions Can Help You Protect Your Finances

The new Federal stimulus package, or CARES Act, provides many Americans with much-needed relief from the COVID-19 pandemic. In addition to giving people additional funds to weather the financial storm that COVID-19 has caused, the stimulus provides tax relief for retirement savers and retirees.

Managing Your Investments During COVID-19

During these unprecedented times it is unsettling to watch the news surrounding the stock market, but it is also important to maintain perspective – history has shown that the market will recover. One of the biggest risks investors face over time is overreacting to events and market volatility, which can negatively impact their savings.

Managed Services Solutions: Coping with COVID-19

The COVID-19 pandemic has increased the focus of banks on the impact of fixed costs. The unfortunate axiom is that even though the volume of banking activities has decreased, fixed costs remain constant regardless of volume.

Tips for Keeping Your Small Business Healthy During the COVID-19 Outbreak

Some tips to help keep you, your family, your employees and your business healthy during these unprecedented times.

Smart Strategies to Keep Your Finances Healthy During the COVID-19 Pandemic

Steps to protect your financial wellness and minimize the impact of coronavirus on your finances.

How to Carry on a Family Tradition - Di Bruno Bros. Style

Bill Mignucci Jr. had been planning to leave town and head to California after he graduated from Drexel University in 1990.

What to Look for in a Bank for Your Business

Choosing a bank for your business can be a lot like choosing a doctor: there are objective factors to consider, but it really comes down to the relationship.

5 Management Strategies to Grow Your Company

Many entrepreneurs want to build a growth company, but few succeed. Learn to grow your company in 5 steps.

How to Prevent Business Email Compromise

Maintaining a secure work environment and minimizing fraud are key for business owners today.

Planning to Buy Your First Home

Buying your first home is a big and exciting step. The first step is to talk with a Mortgage Loan Officer at your bank.

5 Ways to Save for a Big Purchase

It can be overwhelming to think about the amount of money you’ll need for a big expense, like paying for a wedding or making a down payment on your first home. A great place to start is calculating how much you’ll need to save each month to meet your goal.

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