Homebuyers are currently facing numerous challenges in the market, the two main challenges being home inventory and high interest rates.
Read MoreWith two local businesses under his belt at age 22, Ethan Seeley, knew he would need a banking partner that believed in the third venture vision – an existing business purchase.
Read MoreWhen searching for your first or next house, it is vital to ensure you’re putting your best foot forward so you can land your dream home. Here are some key dos and don’ts for the mortgage process and purchasing a home.
Read MoreCharitable giving is a uniquely American phenomenon, driven by both social and tax considerations. In 2022, Americans gave $499.33 billion to charitable causes, according to the annual Giving USA dataset.
Read MoreFraudsters never sleep. Among one of their many tactics: bank account takeover fraud. Scammers will text a large number of consumers impersonating various banks and financial institutions to ask if you initiated a transfer or ask if you were making a purchase. It is a trick. Don’t respond.
Read MoreNearly four in 10 regional residents (38%) are spending more money now compared to last year, while only 21% in the region are saving more, a WSFS Bank Money Trends study found.
Read MoreIn today’s ever-evolving real estate landscape, choosing who to trust with your homebuying process is key to a successful process.
Read MoreDiversity, equity and inclusion continues to be at the forefront of the business landscape, and business owners and leadership must continue to consider the many ways a diverse team can impact their culture and business.
Read MoreWith the 2023 tax year drawing to a close, now is a good time to review your small business’ financials to see where you may be able to strengthen revenue, grow investments and implement long-term tax strategies.
Read MoreIt’s no secret that a college education typically comes with a hefty price tag. Following years of payment pauses for Federal student loans as a result of the pandemic, interest began accruing again in September 2023, with the first payments due in October 2023.
Read MoreThe world has changed, and so have our households. Life spans are longer – particularly for women – and many families now live off two incomes.
Read MoreEvery small business has expenses. They are a part of doing business that are impossible to avoid. Some expenses may seem avoidable, but doing so can stunt your business’ growth and success—or sink it altogether.
Read MoreAs part of its continued commitment to battling food insecurity in the Greater Philadelphia and Delaware region, WSFS sponsored Preston & Steve’s Camp Out for Hunger for the sixth consecutive year to support Philabundance in their mission to drive hunger from our communities.
Read MoreRetirement—the end of perhaps a thirty-to-forty-year career. You have worked, saved aggressively, paid off your mortgage, met with your financial advisor and now it’s time to pack it in.
Read MoreMany small business expenses are unavoidable and even critical to operating and growing the business. These expenses include payroll, healthcare, supplies, costs of goods to resell, and everyday operations expenses, like utilities.
Read MoreEvery relationship, no matter where you find it, is unique. And relationships are at the core of every enterprise, whether that’s a business, a friend, or a banking partner.
Read MoreThe hustle and bustle of the holidays typically brings with it increased purchases and the hunt for the best bargains. But sometimes a deal can be too good to be true, which is why it is vital to take steps to protect yourself from scams.
Read MoreInterest rates continue to rise, and inflation is still relatively high, while the cost of supplies and services aren’t steady. All this amounts to higher costs for not only consumers, but also business owners.
Read MoreToday’s economy can be challenging for small businesses, but one important thing has not changed: Section 179 of the IRS tax code.
Read MoreToday, the term ESG (Environmental, Social, and Governance) has become a catch-all for different types of investing, and it has become a lightning rod for criticism.
Read MoreIn a high interest rate environment, it’s critical for small businesses to optimize cash flow, operations, sales and profits. Sometimes, balancing cash needs with investing in the business can be a challenge, but there are ways for small businesses to do both simultaneously with a money market account.
Read MoreWith interest rates rising to levels not seen in years, now is the time to ensure you have a firm grasp on your debts and manage your credit and borrowing responsibly.
Read MoreIf you have a cellphone, tablet, laptop or PC, odds are you’ve received at least a few messages through the years with suspicious links – that you hopefully did not click.
Read MoreThe holiday season is already almost here! Which often brings with it a season of cheer, quality time with friends and loved ones, and of course, some added expenses.
Read MoreSocial Security’s 2023 Cost of Living Adjustment (COLA) was one for the record books at 8.7% marking the biggest adjustment in more than 40 years.
Read MoreWith interest rates reaching levels not seen in years, many consumers are taking a close look at their spending and borrowing needs to evaluate their options.
Read MoreAs interest rates continue to rise, many consumers are homing in on their borrowing habits to avoid overextending themselves.
Read MoreIn a world driven by empathy and social media’s ability to persuade even the best of us, the innate desire to help others financially is a noble sentiment that speaks to the core of human nature.
Read MoreFraud remains at all-time highs, particularly in the business world. According to the Association of Finance Professionals’ (AFP) 2023 Payments Fraud and Control Survey, 65% of businesses said they’ve been victims of fraud attacks or attempts in 2022.
Read More2023 has presented many challenges for small businesses, with inflation and rising costs impacting many owners’ bottom lines.
Read MoreHow does a new small business owner build credit? What are their options for accessing capital, and how do they build it all into a solid business plan?
Read MoreWSFS Bank announced the launch of its annual Food Drive to combat food insecurity across the Greater Philadelphia and Delaware region.
Read MoreThe past few years have presented challenging – and rapidly evolving – financial situations for many consumers.
Read MoreWSFS Bank hosted a Learn & Explore Workshop at its Wilmington headquarters for more than 30 students from Chester Charter Scholars Academy in collaboration with the Philadelphia Union Foundation’s iAM Project.
Read MoreEach October since 2004 has marked Cybersecurity Awareness Month, a collaboration between government and the private sector to educate consumers on ways to stay safe online.
Read MoreFranchising is a rewarding endeavor for many small business owners and entrepreneurs, but it is also a long and winding road, from meeting franchisor requirements to securing necessary financing to get the business started.
Read MoreOne might see references to a trust in publications or on television. This begs the question “What is a trust?”
Read MoreWhen George Swayngim started Georgeo’s Water Ice Inc. in 1980 in Marcus Hook, Pa., he started with his own line of the summer (and all year round for some!) favorite, Italian Ice.
Read MoreMost people are not subject to Federal Estate and Gift Tax because its exemption is currently set at $12,920,000, the amount one can give during a lifetime or at death to anyone, free of estate and gift tax.
Read MoreWhen Arush Pandya and his wife started their entrepreneurial journey in 2019, they expected twists and turns to open a small business. Like many small business owners, the pandemic added even more challenges to overcome.
Read MoreWiring money can be a quick and convenient way to transfer funds, but before sending money to anyone it is important to take steps to protect yourself from fraud.
Read MoreIt’s no secret that inflation and rising interest rates over the past year-plus have impacted many consumers’ financial stability.
Read MoreThe continuity of any small business depends heavily on managing expenses, but it takes more than just looking at the books and bottom line.
Read MoreThe WSFS CARES Foundation, the charitable giving arm of WSFS Bank, announced grants to four organizations located in Delaware and Pennsylvania as part of its continuing series of philanthropic activities by WSFS and the Foundation.
Read MoreWhen it comes to managing expenses for a small business owner or operator, every dollar spent contributes to cash flow and long-term profitability.
Read MoreRevisiting your budget and financial situation regularly plays an important role in achieving your goals, particularly when facing economic headwinds like inflation and rising interest rates.
Read MoreAmid the excitement of operating a successful business, commercial real estate owners should put one important task at the top of their list: plan for what happens if they can no longer run it.
Read MoreNo matter how established or new your small business is, preparing for revenue ebbs and flows is key for long term profitability and growth.
Read MoreFor the second consecutive year, WSFS served as the presenting sponsor of the Philadelphia Union’s annual Backpack Carnival, teaming up with the Union and CityTeam Chester to set local students up for a successful school year.
Read MoreAs the summer vacation season winds down, many people are already envisioning what their 2024 summer vacations will look like, and where they will spend them building new memories with family and friends.
Read MoreInflation and rising interest rates over the past year-plus have impacted many consumers’ financial goals, making it more expensive to borrow and more difficult to save.
Read MoreAccording to the Federal Trade Commission, consumers lost $330 million to text message scams in 2022, with fake bank security messages the most common type of scam.
Read MoreSmall business owners need to be able to know that their banker, accountant, suppliers and even customers can be trusted and counted on to understand their business’ needs.
Read MoreAs Sarah McDonald and Heidi Fenstermacher soaked in the 15th Anniversary Celebration for their Wayne, Pa. small business, Out There Outfitters (OTO), in late July, they reflected on the past five years as owners, too.
Read MoreAt the core of every great relationship, whether business or personal, is trust and understanding. Small business owners need to be able to know that their banker, accountant, suppliers and even customers can be trusted and counted on to understand their business’ needs.
Read MoreToday commemorates the signing of the Social Security Act by President Franklin D. Roosevelt on August 14, 1935. Since then, Social Security has become America’s largest retirement plan and the financial bedrock for millions of Americans including those who are retired, disabled, widowed, and orphaned.
Read MoreNamed after its section in the Internal Revenue Service code, 401(k)’s and other employer-sponsored retirement plans, such as 403(b)’s and 457’s, have become a mainstay for building and saving toward retirement. These retirement plans offer the most comprehensive benefits, from the highest contribution limits to employer matching to unlimited creditor protection, to name a few.
Read MoreIt often seems that summer passes in the blink of an eye and before you know it, it’s back to school season! And while some parents may breathe a small sigh of relief to see their children head back to the classroom, the start of the new school year also brings expenses for school supplies to set your student up for success.
Read MoreFor a small business owner or operator, cash flow will always be king. Why it matters: Without sufficient cash flow and capital, small businesses face an uphill climb to achieve long-term success.
Read MoreFounded in 2003, Tech Impact is a nonprofit and national leader in technology services and training with a mission to leverage tech to advance social impact. Through capacity-building services, educational resources, and workforce development programs, Tech Impact works to transform lives, organizations and the world through technology.
Read MorePlanning for regular expenses can be difficult enough, particularly during periods of high inflation, but what if you’re faced with a financial emergency? A recent WSFS study found that building an emergency fund was a goal for 52% of regional respondents.
Read MoreIf you have a mailbox, then odds are you’re no stranger to junk mail. And if you’ve also closed on a loan recently, whether a mortgage for your home or loan for your business, it is likely you’ve received quite a few solicitations in your mailbox that look as though they could be from your lender.
Read MoreAs housing inventory continues to be tight, creating a seller’s market even with higher interest rates, many prospective homeowners are turning to newly constructed homes. Recent reports indicate that home builders are starting to build more homes for these buyers, which over time can help ease the strain on available homes.
Read MoreIf you’ve visited Delaware’s beaches during the summer, chances are you’ve been to Grotto Pizza. An institution that has grown to more than 20 locations in Delaware and Maryland, Grotto Pizza was born in 1960 when Dominick Pulieri opened the first location with his sister and brother-in-law at a boardwalk storefront in Rehoboth, Del.
Read MoreDiscussing finances has long been thought of as a taboo topic for many. A recent WSFS study found 71% of regional consumers wished they had received more financial guidance and education. Having open and candid discussions with those closest to us about our finances can go a long way in helping to increase confidence in money management skills, particularly when started at a young age.
Read MoreCash flow is the top priority for small businesses, but it’s also the top reason that small businesses fail. Why it matters: Having solid cash flow and access to capital directly impacts small businesses in practically every way, from managing assets and operations to financing and managing supply chains.
Read MoreWSFS Bank’s Phil Corradino and Ray Abbott recently joined American Community Journals for a NoonZoom webinar discussing how small businesses can manage and protect their money and assets using FDIC insurance options, how to proactively protect their businesses from fraud, and what to do if they become victims of fraudulent activity.
Read MoreFor a small business owner or operator, cash flow will always be king. Without sufficient cash flow and capital, small businesses face an uphill climb to achieve long-term success, making optimization of existing cash flow and reserves a primary focus of operations, vendor management and sales strategies.
Read MoreThirty-six percent of all U.S. banking customers said they have experienced some kind of financial fraud in the past 12 months, according to J.D. Power, with unauthorized purchases on debit cards being among the most common occurrences.
Read MoreIt seems that each day the financial press inks yet another article about an impending US recession. They’ll cite expert sources and provide a slew of economic data backing up their talking points. Investors with a long-time horizon, one that is beyond 10 years, should be content to ride out any market turbulence as a result of the “R” word.
Read MoreDeciding whether now is the right time to purchase a vacation home depends on various factors, including your personal financial situation, the real estate market conditions, and your long-term goals. It's essential to consult with a financial advisor, or a mortgage or real estate professional, for personalized advice.
Read MoreBudgeting and saving play a key role in your financial journey, particularly when it comes time for larger expenditures. A recent WSFS study found 35% of regional respondents had a goal to save for a large purchase such as a wedding, car or vacation, but 25% of respondents with this goal were less confident they could achieve it than they were last year.
Read MoreWorking with a private banker can offer a wide range of benefits, particularly for individuals with significant financial assets or complex financial needs. Private banking provides personalized, comprehensive services that can help you effectively manage your wealth.
Read MoreThe WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to two organizations located in Delaware and Pennsylvania as part of its continuing series of philanthropic activities by WSFS and the Foundation.
Read MoreFor the second consecutive year, WSFS has been named an honoree of The Civic 50 Greater Philadelphia by Philadelphia Foundation, in partnership with Points of Light and local partners.
Read MoreDon’t just work to pay for your family’s home, take care of your small business’ needs too. Why it matters: Small business owners that don’t own the property where their business operates are missing out on opportunities.
Read MoreCash flow. It’s the top priority for most small businesses, and for good reason, because cash flow problems are the top reason small businesses fail, according to SCORE.org. Having solid cash flow and access to capital directly impacts small businesses in practically every way, from managing assets and operations to financing and managing supply chains.
Read MoreFor nearly 200 years, WSFS’ core tenet has been service for both its Customers and Communities. On June 14, 2023, WSFS emphasized its commitment to service by celebrating the inaugural “We Stand for Service Day.” This Company-wide day of giving back to Communities through volunteerism saw approximately 1,200 Associates join together to volunteer nearly 5,000 hours and make an impact at organizations across the Greater Philadelphia and Delaware region.
Read MoreThe weather is heating up and so is vacation season! A recent WSFS study found that 35% of regional respondents had a goal to save for a large purchase like a vacation, but following a year of increased costs for everyday items coupled with rising interest rates, saving and budgeting for a vacation can be difficult.
Read MoreMany of us know how to budget, how to be prudent consumers, and we’re smart, but why don’t we invest as much as we save? A Black Rock 2016 survey discovered that 71% of women keep their assets in checking and savings accounts, or under the bed, or anywhere but an investment account.
Read MoreTennessee-based real estate, development and investment firm Hutton was looking to expand its business into a new arena. When the company was investigating potential development projects for multiple car wash companies, it noticed one commonality — the industry wasn’t familiar with new development.
Read MoreIt’s no secret that inflation and rising interest rates have impacted many consumers’ financial security over the past year. A survey from WSFS Bank found that 34% of regional respondents were not confident they could afford rising costs of living, leading many to change their saving and spending habits.
Read MoreTo celebrate Small Business Month, WSFS Bank teamed up with Bob Kelly and FOX 29 to spotlight small business Customers that are making strides to grow their businesses as economic engines in their communities!
Read MoreArtificial intelligence (AI) can be a powerful tool, but what happens when it falls into the hands of scammers? While AI can help with things like chatbots for customer service and writing emails, it can also be leveraged by nefarious actors through deep fake scams that can mimic human voices, create fake videos, photos and more to take advantage of unsuspecting victims.
Read MoreAs an entrepreneur who already owned two bars, Patrick McConney knew that when Eddington House, or The 19th Hole as local golfers know it, became available to buy it was a prime opportunity to expand his business.
Read MoreAccessing capital can feel overwhelming for small business owners, but it doesn’t have to be. Why it matters: Having capital means having cash flow, which is critical for any small business’ success and growth. Common uses for capital include:
Read MoreIt may be difficult to think about your parents passing, so discussing their estate plan is often avoided. However, ensuring their wishes are met can provide peace of mind.
Read MoreFounded in October 2011 by two devoted physical therapists, Kathy Dixon and Kristen Wilson, Action Potential One on One Physical Therapy provides innovative, highly customized treatment based on their years of experience and patient interactions.
Read MoreIn April, Rob Coppock, Vice President, and Anna Fournaris, Fiduciary Specialist at The Bryn Mawr Trust Company of Delaware (BMTCD), a subsidiary of WSFS Bank that provides trustee services for individuals and families establishing trusts for personal tax and/or estate planning purposes, participated in a presentation, “Holding Art in Trusts,” at the University of Delaware for future trust management professionals.
Read MoreWSFS and the Philadelphia Union joined forces recently to volunteer at CityTeam Chester, an organization focused on restoring lives and rebuilding communities through innovative programs that provide food, shelter, clothing, training and spiritual transformation.
Read MoreCongratulations, you just graduated! Whether you’re celebrating a high school, college or trade school graduation, this can be one of the most exciting times of your life.
Read MoreBuying a home for the first time is likely the largest purchase people will make at that point in their lives. And for those looking to upgrade their home, the financial stakes are higher.
Read MoreDr. Michelle Burroughs, Senior Vice President, Chief Diversity Officer at WSFS Bank recently joined WDEL’s Peter MacArthur to discuss the findings from the WSFS Financial Education Study, and the vital role financial literacy and access play in each person’s journey.
Read MoreInterest rates have been on the rise since early last year when the Federal Reserve began raising the federal funds rate that now sits at roughly 5.00%. Investors have been looking to take advantage of today’s interest rate environment and add additional income to their coffers.
Read MoreWhen Marguerite “Marghi” Adzick founded Addison Bay in 2018, she aimed to fill a gap in fashion for on-the-go, professional women. Having forged a successful career in the fashion industry, she combined her passion for fitness with her experience in the industry and as a college athlete to create quality, stylish and functional activewear.
Read MoreWSFS Bank and the Philadelphia Union today announced the launch of a co-branded debit card. As the official bank and community supporter of the Philadelphia Union and Subaru Park, WSFS is offering a one-of-a-kind design that features the Philadelphia Union logo and colors to showcase fan support for their hometown team.
Read MoreBorrowing and credit can play a key role in reaching many major life milestones but need to be managed properly, particularly during periods of elevated interest rates, to avoid falling into debt. A survey from WSFS Bank found that 38% in the region are focusing more on paying down debt, and 37% are avoiding borrowing or taking out a loan as a result of rising costs of living and higher interest rates over the past year.
Read MoreFounded by Tom Ivory in 1992, Baker Street Bread Co. has grown tremendously over the years. From its roots as Philadelphia’s first artisan bread bakery and wholesale distributer, Tom and his son Tim have expanded Baker Street Bread with two locations, the wholesale bakery in south Philadelphia and an artisan bakery and café in the quaint and historic neighborhood of Chestnut Hill, Pa.
Read MoreWhen Dana Ampy first opened Amped To Dance in Maple Shade, N.J., she made it her mission to foster self-confidence and creativity through dance in a fun, energetic environment. Amped To Dance offers multiple levels of instruction in ballet, jazz, tap, modern, acrobatics, African, hip hop, liturgical dance, Zumba and more.
Read MoreFor many small business owners, taking the next step with their business’ growth comes down to available cash flow. Managing cash flow and comparing it to a business’ financial projections allows owners to make important financial decisions to help sustain and grow their business, like applying for a loan.
Read MoreLove is in the air as wedding season heats up alongside the weather. But if you’re the unlucky victim of social engineering, which is when scammers manipulate their victims psychologically to get them to provide sensitive information, you may be left with more than just a broken heart.
Read MoreAvenue North is poised to be an inspirational example of what it means to live, work and play in the modern world. Once complete, the campus — nestled near both I-95 and the Delaware Green Way — will be comprised of 80 multi-use acres, including housing, office space, retail and other amenities.
Read MoreFinancial education and literacy can be key to achieving many goals in life. With school curriculums already packed and budgets stretched thin, a formal financial education is something that is often not covered in the classroom.
Read MoreInterest rates have continued to climb to levels not seen in recent years and have impacted many consumers’ financial situation and goals. A recent WSFS study found that regional respondents said building an emergency fund (52%) is their top goal, followed by increasing savings in retirement accounts (49%).
Read MoreBy the year 2034, the Social Security Trust fund will be depleted, and benefits will be reduced by 20% if nothing changes, according to the Social Security and Medicare Board of Trustees 2023 Annual Report.
Read MoreFollowing a year of rising costs coupled with rising interest rates, many consumers are feeling the economic strain on their finances. A recent WSFS study found that 61% of regional respondents are cutting back on non-essential spending, while 38% are focusing more on paying down debt because of rising costs, and 33% are tapping into their savings to help pay for everyday items.
Read MoreHave you started saving for retirement? While most people recognize the importance of saving for retirement, studies show that many have no idea how much money they will need in retirement, let alone how to get started.
Read MoreOften, losing a family member leads to new, unexpected paths for those left behind. That was certainly the case for Steve Duncan, whose brother, Michael “Slim” Duncan passed away in 2010, leaving behind a 10-year-old daughter, Lexi, who he lovingly called his “Princess.” Steve opened up his home and helped raise Lexi until she went on to college.
Read MoreThe Philadelphia Union held a groundbreaking ceremony on April 17 for its new world-class sports and recreation facility, the WSFS Bank Sportsplex located in Chester, Pa., to celebrate the start of construction for the 365-day-a-year, 170,000 sq. ft. complex, in partnership with WSFS Bank.
Read MoreIn today’s global economy, currency risk is an important concern for companies conducting business internationally and individuals planning to send or receive money from abroad.
Read MoreAfter months of increasing mortgage interest rates, we’ve recently seen rates begin to drop ahead of the spring homebuying season—and that’s great news for potential buyers.
Read MoreThe WSFS CARES Foundation recently announced grants to three community organizations located in Delaware and Pennsylvania as part of its continuing series of philanthropic activities by WSFS and the Foundation.
Read MoreInflation and rising costs have had an impact on many consumers’ financial security and goals over the past year. A new survey from WSFS Bank found Americans are confident managing their money, including 91% of respondents in the Greater Philadelphia and Delaware region, but 34% in the region are not confident they could weather an economic downturn or recession.
Read MoreAmericans are confident managing their money, including 91% of respondents in the Greater Philadelphia and Delaware region, but 34% in the region were not confident they could weather an economic downturn or recession, a survey from WSFS Bank found.
Read MoreWith interest rates rising and record high inflation over the past year, many consumers are looking for ways to save more money. For those who have built up a solid nest egg, rising interest rates can present an opportunity to grow their savings through tools like high-yield money markets.
Read MoreH&MCare, Inc. provides families in greater Philadelphia with expert, compassionate, cost-effective, and comprehensive home care. From supporting those with Alzheimer’s disease to complex physical disabilities, we provide care for patients of all ages with a variety of conditions and are passionate about helping people remain safely in their homes.
Read MoreEach March, Women’s History Month takes place to honor and recognize the key contributions made by women to society and history. As the official bank partner and community supporter of the Philadelphia Union and Subaru Park, WSFS joined forces with the Union on a variety of events and initiatives throughout the month to support women.
Read MoreFraud has continued to rise in recent years, with the Federal Trade Commission reporting that consumers lost nearly $8.8 billion to fraudulent schemes in 2022, a 30% increase from the year prior. Figures reported by the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) indicate check fraud has risen significantly recently, with a whopping 239% increase in incidents between 2020 and 2022.
Read MoreRecent events have brought new attention to the financial services industry and have business leaders wondering if they are taking the right steps to ensure their money is safe. There are several ways to safeguard against threats like fraud or market volatility but ensuring your business’ money is protected in Federal Deposit Insurance Corporation (FDIC) eligible accounts is a great start.
Read MoreCharitable giving is an excellent way for individuals to give back to their community and support causes they care about. In addition to the satisfaction that comes from helping others, charitable giving can also provide significant tax benefits. Here are some charitable giving techniques that can help maximize the impact of your donations.
Read MoreAs a result of recent events in the banking and finance industry, the Federal Deposit Insurance Corporation (FDIC) and its coverage limits on banking customer deposits have been top of mind for many people.
Read MoreWith interest rates continuing to rise, the need to borrow and use credit responsibly is more important than ever to avoid negatively impacting your financial stability. Borrowing plays an important role in your financial journey, and when used responsibly, credit can help you achieve many of your financial goals.
Read MoreTax season is already underway, but it is never too early to start planning for next year’s tax filings. Here are five tax planning ideas to consider for this year.
Read MoreAs we enter the traditional spring homebuying season, much has changed for potential homebuyers compared to the past couple years. While a lot of focus has been on soaring interest rates and selling prices, a key factor for homebuyers has slipped under the radar.
Read MoreS. Walter Packaging is a true legacy brand – a custom packaging solutions company founded in Philadelphia in 1904 by Simon Walter with a focus on kraft paper bags and wrappings. Over the years, the company has weathered significant events from the Great Depression to COVID, but more than 119 years later, the company’s resilience has shown in its ability to transform and adapt to ongoing and transformative industry shifts.
Read MoreAs we enter the 2023 spring homebuying season, the market is much different than it was a year ago, and even more so from the post-pandemic housing rush that saw record high demand and prices while mortgage interest rates reached record lows.
Read MoreFebruary is Financial Aid Awareness Month, created to provide parents, students and families with the education and resources to make the most effective decisions as it relates to financial aid. Every year parents and students are required to complete the Free Application for Federal Student Aid, or (FAFSA), to determine their eligibility for student financial aid, which comes in the form of grants, scholarships, student loans or work study programs.
Read MoreIn a roller coaster economy, many commercial real estate businesses have been focused on short-term success and ensuring their companies can remain profitable. For developers contending with labor shortages and skyrocketing materials prices, managing their short-term projects is likely top of mind.
Read MorePreparing for an international trip – whether for business or pleasure – can be an exciting time, but comes with many “to-do” list items before you’re ready to depart. Here are tips on why you should get cash in your destination’s currency before you depart.
Read MoreThe Springboard Collaborative (TSC) began its work in 2020 with a group of devoted community advocates looking to help those experiencing homelessness in Georgetown, Delaware, to find transitional housing and receive other needed services.
Read MoreTax season is underway, and after a year with soaring inflation and rising interest rates, many consumers are looking forward to a tax refund to help cover their expenses. Unfortunately, fraudsters have been known to target tax season for various scams looking to make a quick buck from unsuspecting victims.
Read MoreThe famous advice given by Fred Rogers’ mother is often quoted by philanthropists who yearn to help after a faraway disaster: tornadoes and earthquakes, tsunamis and floods, war, the sudden outbreak of disease, a large and senseless act of violence. When these events reach the news and touch the heartstrings, charitable people search for a way to participate in solutions.
Read MoreTraditionally, the homebuying market in our area, and in many parts of the country, tends to be seasonal. But the past few years have seen seasonality in housing turn on its head, including the all-out homebuying frenzy of 2020-2021.
Read MoreHaving a solid strategy is always a critical component of any small business’ success, regardless of the economy it is operating in. Applying a successful strategy for your business to stave off the impacts of inflation and rising interest rates can be daunting, however, making it even more important that your plan is solid and tailored to your business’ specific needs.
Read MoreWith inflation continuing to drive costs higher for everyday products and services, large purchases like vehicles and more, many people are looking for ways to save and keep a balanced budget in any way they can.
Read MoreSupporting its Communities has been at the core of WSFS since its founding in 1832, and continues to this day through charitable grants and contributions from the WSFS CARES Foundation, the charitable giving arm of WSFS Bank, and service through Team WSFS, the Company’s corporate volunteer program.
Read MorePeer-to-Peer (P2P) payment platforms such as Zelle®, Venmo, PayPal and CashApp have continued to rise in popularity in recent years, and for good reason. These platforms can make it quick and simple to transfer money to friends and loved ones without the need to visit your bank, an ATM or cut a check. While P2P payments can help streamline your finances, it is important to use them properly to avoid falling victim to fraud.
Read MoreShortly after being named Bishop of Philadelphia in 1852, John Neumann helped put the wheels in motion to provide a safe place for the working class and immigrant population to store their savings, leading to the founding of Beneficial Saving Fund Society in 1853.
Read MoreIn December 2022, Congress passed the $1.7 trillion Consolidated Appropriations Act to avert a shutdown and fund the federal government for fiscal year 2023. Attached to this 4,126-page bill is the Secure Act 2.0, which changes retirement planning as we know it.
Read MoreOnline and mobile banking have continued to see increased adoption from consumers in recent years, and for good reason – they come with powerful tools to help you simplify your finances, manage your budgets, quickly deposit and transfer money, and much more.
Read MoreAs the Federal Reserve continues to raise its benchmark interest rate to fight inflation, many consumers are looking for ways to boost their savings for a variety of reasons. While some are simply looking for ways to save money on everyday expenses, others are considering what they should do with their current savings nest egg.
Read More2022 was undoubtedly the year of the dollar. Although the U.S. currency has recently retreated from its October peak, the USD index still gained 8% in 2022. The main question in the foreign exchange (FX) markets today is whether this latest dollar down move is simply a technical correction due to the market’s reassessment of the future speed of U.S. interest rate hikes, or a true inversion of the trend (i.e., is the USD rally over?).
Read MoreAs we begin a New Year, we often reflect on the past and make resolutions for the future. Last year brought many challenges within the overall financial markets. In an effort to fight inflation the Fed raised interest rates from near zero to a range of 4.25% to 4.5%, the fastest pace since the 1980s.
Read MoreOur Commercial Banking team joined our partner Civetta Property Group onsite on Monday, December 12 for the groundbreaking of its new “Turn The Key” development. The Turn The Key program will help facilitate the sale of 1,000 new, energy-efficient, 3-bedroom, 1½-bath homes on publicly-owned City of Philadelphia land. Civetta Property Group broke ground on the first group of 25 homes, which will be built in Grays Ferry at 30th & Wharton Streets.
Read MoreThe WSFS CARES Foundation, the charitable giving arm of WSFS Bank, recently announced it has provided grants to the Food Bank of Delaware and Virtua Health Foundation as part of its continuing series of philanthropic activities by WSFS and the Foundation.
Read MoreWith the continued impact of inflation on consumer costs, this year’s post-Thanksgiving shopping weekend and Cyber Monday saw spending at a record pace. For many shoppers, higher costs drove increased spending while others may have been planning to spend more anyway, as reflected in a recent WSFS Bank Money Trends study that found 54% of consumers in the Greater Philadelphia and Delaware region planned to spend the same or more on gifts this holiday season than they did last year.
Read MoreIf you’re planning to buy a new home in 2023, the first few months of the new year may present a better than anticipated buyers’ market due to several factors that are not only influencing homebuyers’ financial position, but also are easing the inventory constraints we’ve seen in recent years.
Read MoreThe 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.
Read MoreWhile many consumers stay up late to ring in the New Year, they could find themselves losing even more sleep if they’re the victim of fraud. The Federal Trade Commission’s report on fraud estimated that American consumers lost more than $5.8 billion to phishing schemes and other fraud tactics in 2021, which represents an increase of more than 70% from the prior year.
Read MoreDespite recent economic volatility resulting in an increase of layoffs, the Great Resignation has continued to pose a threat to the job market. In July 2022, McKinsey & Co. reported that 40% of workers were considering resigning from their jobs within the next three to six months.
Read MoreFor many small businesses, the holiday season is one of the more lucrative times of the year to invigorate their cash flow and revenue. For others, it is a more relaxing time to spend with friends and family as they look forward to 2023.
Read MoreAs the clock is winding down on 2022, now is an excellent time to reflect on the year that was and get your finances in order for the year ahead. This past year presented unique challenges for many consumers with inflation soaring and interest rates rising.
Read MoreThe end of the year is a good opportunity to make sure you're still on track toward your financial goals. In this panel, Bryn Mawr Trust experts share tips on how reviewing your portfolio and personal finances now could potentially help reduce your tax liability.
Read MoreBefore the year comes to a close, there are some things you should review and consider with your overall financial plan. This past year has brought challenges such as inflation and a weak market performance, and with rising interest rates and new legislation now may be the best time to make adjustments before 2022 ends.
Read MoreThe holiday shopping season is now in full swing, and small businesses throughout the greater Philadelphia and Delaware region are looking to capture consumers’ spending to propel their business to financial success in 2023 and beyond.
Read MoreSix out of 10 American households are charitable, according to The Philanthropy Roundtable, and December is the month Americans make more charitable gifts than any other. So how to make the most of your generosity? Here’s what to consider as giving season draws near.
Read MoreThe holiday season is upon us! With inflation reaching 40-year highs, this year’s holiday season may result in budgets being stretched thinner. While inflation has certainly impacted many budgets, Deloitte’s 2022 Holiday Retail Survey projects consumers to spend on average $1,455, on pace with 2021.
Read MoreWith the end of the semester approaching in 2018, Drexel University student Evan Ehlers found himself with enough credits for 50 meals on his student dining card and little time to use them.
Read MoreWSFS Bank’s annual 2022 Small Business Trends study found that small businesses are optimistic in their ability to keep revenues at their current pace or even increase them in the next year despite economic woes and strains on their costs.
Read MoreThere is a lot of buzz around the holidays this year, with rising costs, inflation and managing finances on the minds of consumers and local small business owners alike. And while the crunch on finances can be daunting, there are steps we can all take to meet these challenges and support our communities and each other.
Read MoreAchieving the dream of homeownership is not a sprint for most first-time homebuyers. It is a journey that requires good planning and strong determination. Help from their friends, family, realtor, mortgage lender and even community organizations also goes a long way, especially in today’s market.
Read MoreAs an apparel decorating company, AMPRO counts on the general public being more familiar with their products than their name. Founded in 1973 and nearing 50 years in business, they’ve had numerous opportunities to create exciting and unique products, some of which end up becoming part of the larger cultural landscape.
Read MoreFor many U.S.-based commercial real estate investors and developers conducting business abroad, a period of high inflation can seem like a particularly smart time to invest overseas. As of September, NPR reported, the dollar is still high in value, especially compared to many other international currencies.
Read MoreEven the most ardent savers question whether they are doing enough to achieve financial success. Regardless of where you are on the spectrum of planning and saving for your financial future, now is a great time to focus on your finances.
Read MoreIn today’s homebuying market, affordability and availability remain tight. Are you, a friend or a family member looking to buy a home but need guidance on how to get started and where to find resources and help?
Read MoreFor nearly 20 years WSFS has hosted an annual Food Drive, with the generosity of its Associates, Customers and Communities helping to fight food insecurity across the region. After raising more than 66,000 pounds of food to donate to six community organizations in 2021, the annual Food Drive has returned for 2022, with WSFS partnering with Sharing Excess and Sunday Breakfast Mission this year to fight hunger.
Read MoreWith inflation at multi-decade highs, retirees are feeling the squeeze as they grapple with the effects of rising prices on gasoline, housing, medical expenses and groceries, to name a few. With the Federal Reserve aggressively fighting inflation by raising short term interest rates, both the stock and bond markets have experienced substantial declines, adding further stress to an already stressful environment.
Read MoreOne of the easiest ways for fraudsters to scam you is pretending to be your bank, or another reputable business, and alerting you about a fake security issue with your account. They will ask for card numbers, account numbers, user IDs, passwords and PINs, but it is important to know that “Banks Never Ask That!”
Read MoreWSFS first began working with Canine Partners for Life (CPL), a nonprofit organization based in Cochranville, Pa., in 2017. WSFS helped CPL with the renovation and expansion of the Marian S. Ware Program Services Center.
Read MoreAs the economy continues to be volatile, rising prices for just about everything has remained consistent, if not constant. And when it comes to spending and saving in this inflationary environment, Greater Philadelphia and Delaware region residents certainly have their concerns.
Read MoreWSFS Bank’s annual Money Trends study found that nine in 10 people are worried about affording price increases in the next year, leading to expected changes in how they spend, save and even plan for significant life milestones.
Read MorePivoting to wellness as a career path wasn’t in the plan for David Rambo in the aftermath of a business venture in the dot com world. But when he closed his dot com business and began working at a fitness center, his entrepreneurial spirit kicked in and he was soon owning and growing the business in center city Philadelphia.
Read MoreFall is officially here! This is one of my favorite times of the year. The weather is getting cooler, and there are lots of fun fall activities. One of my favorite things about fall is that October is National Cybersecurity Awareness Month.
Read MoreAs we approach the home stretch of the calendar year, many small businesses are preparing for one of their most crucial times of the year for generating revenue.
Read MoreThe Philadelphia Union and WSFS Bank announced plans for the WSFS Bank Sportsplex, a world-class, 365-day-a-year, 170,000 sq. ft., 32-acre sports and recreation complex, marking a significant step in the development and revitalization of the Delaware River Waterfront, creating jobs and tourism while injecting millions of dollars into the Chester community.
Read More“There have been a lot of surprises since launching The Frozen Farmer,” explains Katey Evans, Co-Founder of Bridgeville, Del.-based The Frozen Farmer. “I feel like a kid in kindergarten every day, learning something new about the consumer packaged goods industry. But I think the most interesting thing I’ve learned is we have a really unique growth model.”
Read MoreRecent reports and trends may be signaling an attractive homebuying season this fall across the country, including Realtor.com’s fourth annual Best Time to Buy Report, which found the best time to buy a home in the U.S. is the week of September 25 to October 1, offering buyers more housing inventory due to an increase in listings, less competition, and lower prices.
Read MoreWith stock market volatility continuing, many investors are looking for alternative strategies. Limited supply and Americans looking for more space or new locations during the pandemic led to red-hot housing markets, leading many investors to consider real estate.
Read MoreInvesting in a down market can be a challenge, especially when it comes to your retirement plan. As humans, we often follow two intellectual thought patterns – avoiding losses and following the crowd.
Read MoreSince its founding in 1995, Guadalupe Family Services (GFS) has operated with the belief that the complex needs of urban family life in North Camden, N.J., must be better served.
Read MoreThe cost associated with a college education has continued to grow exponentially in recent decades, leaving millions of borrowers with hefty loans to repay alongside meeting their other financial obligations.
Read MoreWith the summer vacation and Back to School seasons in the rearview, many small businesses are turning their attention to the upcoming holiday season to close out the year on a high note.
Read MorePhone scams are nothing new. However, fraudsters and hackers are always looking for new ways to trick you into giving them your money or personal information.
Read MoreIn today’s highly competitive recruiting and hiring environment—especially for small and mid-size employers—a retirement plan at work is an indispensable benefit that employees expect.
Read MoreMuch has been discussed about rising mortgage rates impacting the homebuying market after the frenzy we experienced last year.
Read MoreWith the start of the school year rapidly approaching, it was time to ensure area students had the school supplies needed to succeed. This year, WSFS teamed up with the Philadelphia Union and CityTeam Chester to help students in need through the Union’s annual Backpack Carnival.
Read MoreMount Laurel, N.J. ranks as one of the 50 Best Places to Live in the United States with its green open spaces, bustling centers of business, and close proximity to Philadelphia. So when one of the last large sites in the area was available to be developed, Delco Development seized the opportunity.
Read MoreWhether you’ve been in business for quite some time or your endeavor is relatively new, preparing for revenue ebbs and flows is key for long term profitability and growth.
Read MoreWhether it’s digital fraud, phishing and spoofing, or check and payments fraud, the reality is that many businesses (71%, according to a 2022 AFP Payments Fraud and Control Survey) unfortunately experience fraudulent schemes or attempts that can cost them time and money.
Read MoreBack to school season is in full swing, but with high inflation and rising interest rates, purchasing the supplies needed to set your student up for success is likely to stretch budgets a bit thinner this year.
Read MoreEndowments work hard to ensure their resources last in perpetuity–but forever is a long time, and it’s impossible to predict what might happen. In addition, trustees come and go as term limits dictate, so it’s more important than ever that those with fiduciary responsibility can make smart decisions to help the endowment grow.
Read MoreThe Philadelphia Union and WSFS Bank recently announced a new multi-year partnership agreement that will make WSFS the official bank partner and community supporter of the Philadelphia Union and Subaru Park.
Read MoreIf you are in the market for a credit card, but feel you need to know more about their benefits and how to choose one that best fits your needs, you are not alone.
Read MoreSocial media is a great way to connect with friends and family, share news, pictures, where you are visiting, you name it. We are quick to tap that button and share what's going on!
Read MoreWith interest rates and home prices at their highest levels in years, many potential homebuyers are hitting a double wall of financial strains when trying to find a home they can afford and pay for it.
Read MoreWith the summer winding down and back to school season beginning, WSFS’ summer interns will soon be transitioning back from the workplace to the classroom.
Read MoreAfter years of rock-bottom interest rates, a shift in monetary policy by the Federal Reserve (Fed) to combat stubbornly high inflation has contributed to much higher yields across short-term investment vehicles.
Read MoreThe Associates and Interns within the Operations & Technology division at WSFS Bank are truly a huge part of how WSFS brings its mission to life. They are the backbone of the Bank by making sure all the systems are properly functioning.
Read MoreNonprofits are facing new challenges in the current financial environment. Between market volatility, inflationary pressure, the unpredictable behavior of donors and the general financial anxiety of board members who are concerned with keeping the organization on track to meet a year-end budget, there’s a lot to worry about–but there are also opportunities to rely on best practices to position organizations well for the future.
Read MoreThe WSFS CARES Foundation, the charitable giving arm of WSFS Bank, recently announced it has provided $15,000 in grants to be split among seven local nonprofit organizations as part of the Satell Institute’s recent CEO Conference “Impact 2022: A New Era in CSR.”
Read MoreSince the start of the pandemic, our lives have changed in a variety of ways, from increases in telemedicine and working from home to virtually learning. The new normal has become, well, normal.
Read MoreJeffrey Barsky, President at Barsky Fleming Marketing Inc. (BFM), has been importing furniture since the mid-90s. The company grew over time to import restaurant furniture from various countries including China, Vietnam, Turkey, Italy, Bulgaria, Germany, and more. In dealing with so many countries and currencies, Barsky knew there were efficiencies available that could help the business grow and capitalize on market conditions.
Read MoreDespite the highest inflation rates seen in 40 years, central banks’ efforts to temper inflation by raising interest rates, the ongoing Ukraine conflict, bearish conditions in the public markets, and the lingering supply chain issue created by pandemic uncertainty and response, it is likely that 2022 will see a lot of middle market merger and acquisition activity.
Read MoreThe first half of 2022 certainly presented challenges for small businesses, from rising inflation causing increased costs to high gas prices and lower consumer spending, impacting many industries.
Read MoreInternships are a vital part of the beginning of a career and WSFS Bank provides great programs to make sure its interns have the needed resources to grow professionally and personally! Whether working at our banking offices or corporate back-office locations, all 103 of WSFS’ interns are using this summer to gain unique and valuable real-world experience to help kickstart their careers.
Read MoreHow safe are my passwords? How do I know if my passwords have been leaked? These are questions I get asked a lot. More and more hackers are using leaked passwords to log into websites and apps that you use. They may make purchases, or they may use the information they gather to sell on the dark web or to scammers.
Read MoreAs the weather heats up, so does the travel industry. While inflation and other economic factors could make it more difficult to book that dream trip this year, there are ways to vacation on a budget. But as you look for the best deals to avoid your wallet being stretched too thin, it’s vital to beware of “steals.”
Read MoreTo keep Customers up to date with important information, WSFS Bank will occasionally communicate via our secure text notification service. With this service, Customers will receive a text notification with a link to a communication feed. This feed will provide account information, special announcements, and other relevant content.
Read MoreFor 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.
Read MoreFor 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.
Read MoreFinancial 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.
Read MoreA portfolio balanced between both stock and bond holdings has been a classic strategy for investors throughout market history. Although equities generally outperform bonds in the long run, the stock market can be volatile.
Read MoreCollege 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.
Read MoreWhen 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.
Read MoreLately, 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.
Read MoreThere 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.
Read MoreIn 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.
Read MoreWhen 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.”
Read MoreHave 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?
Read MoreOriginally 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.
Read MoreThe 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.
Read MoreFounded 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!
Read MoreThere 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.
Read MoreIn 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.
Read MoreFounded 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.
Read MoreInflation 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.
Read MoreWomen 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.
Read MoreJim 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.”
Read MoreMillennials, 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.
Read MoreFor 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.”
Read MoreWhen 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.
Read MoreLUCY 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.
Read MoreWorking 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.
Read MoreGaining 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.
Read MoreLongtime 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.
Read MoreWSFS 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.
Read MoreIf 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.
Read MoreWarren 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.”
Read MoreFor 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.
Read MoreThe past few years have seen home values increase at a rapid pace, spurring stiff competition in the homebuying market. And while potential homebuyers continued their search amid these conditions, higher home values have proved beneficial for another group of people—homeowners with record high, tappable home equity who have no intention of moving.
Read MoreWhether 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.
Read MoreSaving 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.
Read MoreThe 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.
Read MoreNearly 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.
Read MoreLast 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
Read MoreWith 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.
Read MoreWhen 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.
Read MoreWith 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.
Read MoreStrengthening 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.
Read MoreShortly 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.
Read MoreInflation 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.
Read MoreWith 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.
Read MoreMaria 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.
Read MoreOver 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.
Read MoreOver 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.
Read MoreMarch 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.
Read MoreNearly 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.
Read MoreIt 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.
Read MoreIn 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.
Read MoreCraig 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.
Read MoreBrian 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.”
Read MoreCreated 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.
Read MoreWSFS 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.
Read MoreDana 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.
Read MoreAlmost 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.
Read MoreDepending 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.
Read MoreInstances 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.
Read MoreJoe 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.
Read MoreEvery 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.
Read MoreFor 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.
Read MoreOnline 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.
Read MoreThe 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.”
Read MoreFor 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.
Read MoreWilmington, 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.
Read MoreTax 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.
Read MoreHannah 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!”
Read MoreSince 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.
Read MoreChances 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.
Read MoreQuotePro 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.
Read MoreOne 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.
Read MoreWith 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.
Read MoreThe 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.
Read MoreAs 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.
Read MorePutting 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.
Read MoreA 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.
Read MoreIt’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.
Read MoreFor 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.
Read MoreThe 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.
Read MoreIn 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.
Read MoreThousands 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.
Read MoreOver 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.
Read MoreAfter 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.
Read MoreAs 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.
Read MoreMany 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.
Read MoreEvery 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.
Read MoreFounded 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.”
Read MoreThe 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.
Read MoreAs 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.
Read MoreThe 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.
Read MoreSaving 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.
Read MoreWhat 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.
Read MoreWith 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.
Read MoreWe 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.
Read MoreThe 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.
Read MoreWith 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.
Read MoreSince 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.
Read MoreIt 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.
Read MoreGeneration Z more optimistic that they will spend more on gifts this holiday season, prefer to celebrate locally versus traveling
Read MoreHas 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.
Read MoreHaving 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.
Read MoreThe 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.
Read MoreHaving 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.
Read MoreAfter 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.”
Read MoreThe 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.
Read MoreIt’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.
Read MoreCredit 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.
Read MoreReaching 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.
Read MoreTwo 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.”
Read MoreAfter 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.
Read MoreSince 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.
Read MoreThese 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.
Read MoreWhen 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.
Read MoreOctober 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.
Read MoreOctober 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.
Read MoreAs 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.”
Read MoreSince 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.
Read MoreAfter 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!”
Read MoreAs 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.
Read MoreEconomies 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.
Read MoreJim 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.
Read MoreThe 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.
Read MoreHaving 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.
Read MoreFor 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.
Read MoreAsociación 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.
Read MoreWhether 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.
Read MoreWhether 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.
Read MoreThe 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.
Read MoreBranching 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.
Read MoreWhen 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.
Read MoreOver 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.
Read MoreA 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.
Read MoreAmid 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.
Read MoreWhen 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.
Read MoreWhen 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.
Read MoreAt 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.
Read MoreYour 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.
Read MoreThese 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.
Read MoreHaving 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.
Read MoreThe 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.
Read MoreWhen 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.
Read MoreHaving 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.
Read MoreDuring 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.
Read MoreFor 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.
Read MoreWhether 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.”
Read MoreLast 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.
Read MoreSummer 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.
Read MoreThe 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?
Read MoreWith 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.
Read MoreFor 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.
Read MoreOver 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.
Read MoreDeveloping 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.
Read MoreDespite 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.
Read MoreIs the traditional 60/40 portfolio being challenged by a new paradigm? That archetype 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.
Read MoreFor 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.
Read MoreA 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.
Read MoreShari 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.
Read MoreA 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.
Read MoreThe 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.
Read MoreCandice 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.
Read MoreA 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.
Read MoreVacation 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.
Read MoreBanking 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.
Read MoreWith 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.
Read MoreYou 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.
Read MoreWhen 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.
Read MoreEndure. 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.
Read MoreThe 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.
Read MoreInflation 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.
Read MoreJoe 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.
Read MoreOver 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.
Read MoreAfter 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.
Read MoreGold 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.
Read MoreEric 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.
Read MoreWhen 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.
Read MoreWith 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.
Read MoreChoosing 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.
Read MoreBorn 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.”
Read MoreAfter 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.
Read MoreMany 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.
Read MoreCo-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.
Read MoreThe 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.
Read MoreAn 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.
Read MoreAfter 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.
Read MoreWhen 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.
Read MoreThe 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.
Read MoreFor 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.”
Read MoreFrom 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.
Read MoreWith 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.
Read MoreAn 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.
Read MoreFor 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.
Read MoreBuilding 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.
Read MoreBy 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.
Read MoreWhether 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.
Read MoreSpring 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.
Read MoreYour 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.
Read MoreEveryone 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.
Read MoreDuration 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.
Read MoreLisa 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.
Read MoreWhen 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.
Read MoreA 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.
Read MoreFounded 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.
Read MoreHaving 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.
Read MoreSpring 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.
Read MoreAs 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.”
Read MoreIs 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.
Read MoreAs we move into the spring homebuying season, one thing remains clear—the market will remain red hot in many areas throughout the region.
Read MoreSince 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.
Read MoreDuring 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.
Read MoreIt’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?”
Read MoreWhen 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.
Read MoreWhen 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.
Read MoreThe 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.
Read MoreAccording 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.
Read MoreSince 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.
Read MoreIt’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.
Read MoreWhile 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.
Read MoreOver 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.
Read MoreOne 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.
Read MoreSince 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.
Read MoreIn 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.
Read MoreOne of the keys to building a successful budget is to continually reevaluate your income and variable expenses, accounting for any needed adjustments.
Read MoreWhen 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.
Read MoreIn 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.
Read MoreBusiness 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.
Read MoreFounded 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.).
Read MoreWhile 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.
Read MoreFor 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.
Read MoreAfter running a factory in corporate America for 25 years, Nate West wasn’t short on options when considering the next phase of his career.
Read MoreIn 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.
Read MoreFounded 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.
Read MoreEvery 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.
Read MoreThe 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.
Read MoreDuring 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.
Read MoreLooking 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.
Read MoreIn 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.
Read MoreWhen 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.
Read MoreWhen 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.
Read MoreSocial 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.
Read MoreDo 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?
Read MoreThese 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.
Read MoreAnnual 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.
Read MoreAs 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.
Read MoreOne could argue that if there ever is a time to stress diversification in an investment portfolio it would be 2020 post-election.
Read MoreThroughout 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.
Read MoreWith 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.
Read MoreYou just finished giving your first drum lesson to a friend and are feeling confident enough to continue giving lessons more often.
Read MoreThe 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.
Read MoreWhen 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.
Read MoreIn 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.
Read MoreSmall 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.
Read MoreThe 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.
Read MoreEstate 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.
Read MoreWhen 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.
Read MoreYou’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.
Read MoreLike 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?
Read MoreIn 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.
Read MoreEvery 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.
Read MoreMonths 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.
Read MoreThe 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.
Read MoreEvery 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.
Read MoreMost 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.
Read MoreA 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.
Read MoreYou’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.
Read MoreFor 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.
Read MoreA 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.
Read MoreAt 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.
Read MoreThe 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.
Read MoreWith 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.
Read MoreSince 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.
Read MoreInvesting 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.
Read MoreWhile 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.
Read MoreMany 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.
Read MoreNow, 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.
Read MoreIt 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.
Read MorePastor 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.
Read MoreIn 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.
Read MoreBy 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.
Read MoreBack-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.
Read MoreCorynn 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.
Read MoreThink 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.
Read MoreIn 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.
Read MoreThe sharp downward turn in equity markets due to the pandemic and eventual global quarantine caused volatility to spike to a record high.
Read MoreThese truly have been unprecedented times. COVID-19 will continue to impact businesses and communities in ways we have not experienced in generations.
Read MoreRents 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.
Read MoreFor 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.
Read MoreSchool 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.
Read MoreAs 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.
Read MoreThe stock market moves fast on ordinary days. But during extremes, stock market declines can feel like terminal velocity implosions.
Read MoreIf you’re emerging from your home after the COVID-19 shutdown wanting to buy a new one, you aren’t alone.
Read MoreInternships 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.
Read MoreWhen approaching the age to begin required minimum distributions from retirement accounts, many investors may benefit from a Roth conversion.
Read MoreAs 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.
Read MoreYou've been dreaming about it, thinking about it, and now the time has come to start looking for your new home.
Read MoreAcross Delaware and the Greater Philadelphia region, WSFS Associates are stepping up and branching out, as they live the mantra, “We Stand for Service.”
Read MoreWSFS 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.
Read MoreWith 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.
Read MoreAs 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.
Read MoreIn this new era of social distancing in public, people are turning to using their credit cards and other forms of contactless payments while shopping.
Read MoreWhat 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.
Read MoreAs financial institutions develop innovative ways to protect the accounts of businesses large and small, so to do criminals work to develop their own methods.
Read MoreThe 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.
Read MoreAs 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.
Read MoreErica 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.
Read MoreWhat 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.
Read MoreWith 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.
Read MoreBy 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.
Read MoreWith a pandemic causing an unprecedented situation nationwide, it was far from business as usual for both Customers and WSFS Associates.<br>
Read MoreBy 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.<br>
Read MoreAs 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.<br>
Read MoreImagine 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?<br>
Read MoreThe 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.<br>
Read MoreDuring 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.<br> <br>
Read MoreThe 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.
Read MoreSome tips to help keep you, your family, your employees and your business healthy during these unprecedented times.<br>
Read MoreSteps to protect your financial wellness and minimize the impact of coronavirus on your finances.<br>
Read MoreChoosing 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.<br>
Read MoreMany entrepreneurs want to build a growth company, but few succeed. Learn to grow your company in 5 steps.
Read MoreMaintaining a secure work environment and minimizing fraud are key for business owners today.
Read MoreBuying your first home is a big and exciting step. The first step is to talk with a Mortgage Loan Officer at your bank.<br>
Read MoreIt 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.
Read MoreWhen you’re preparing for your financial future, it’s smart to think about what you’ll need for a comfortable retirement.<br>
Read MoreWhether you’re new to banking or are just looking for a refresher on banking basics to enhance your money management, we’re here to help.
Read MoreThe home buying process can seem a little overwhelming – but not when you wield the tools of a smart house hunter.<br>
Read MoreAn agent will be by your side for the long haul, from the initial house search until closing. Thoroughly vetting potential agents can make the process go a lot smoother.<br>
Read MoreTake a look at our guide to keeping track of your spending, setting savings goals, and analyzing spending habits. <br>
Read MoreJust like there are different kinds of homes, there are different ways you can pay for them.
Read MoreIt's important to take the same precautions on your mobile device that you would on your computer to ensure your safety and security.<br>
Read MoreThere are some basic tips to keep in mind that will help keep you use credit to your advantage.
Read MoreThere are many ways to pay for college, but they fall into three basic categories: savings or scholarships.<br>
Read MoreFor many, the idea of investing can be daunting. How much money should you invest? How should you invest it? Where?<br>
Read MoreWhen it comes to retirement savings, starting early is the way to go. Even if you’re saving 1-2% of your income, that money has 40-plus years to reap the benefits of interest and market gains.<br>
Read MoreHelp your business run effectively and efficiently by making & collecting payments in one easy place.
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