Fraudulent calling attempts are on the rise. Scammers are posing as WSFS Associates – using fake caller IDs and personal details to gain your trust. NEVER share your account passwords or verification codes on unsolicited calls. Verify the call by hanging up and notifying us directly at 888.973.7226 7am‑7pm ET (M‑F) and 9am‑3pm ET (on weekends).
Fraudulent calling attempts are on the rise. Scammers are posing as WSFS Associates – using fake caller IDs and personal details to gain your trust. NEVER share your account passwords or verification codes on unsolicited calls. Verify the call by hanging up and notifying us directly at 888.973.7226 7am‑7pm ET (M‑F) and 9am‑3pm ET (on weekends).
Every thriving business begins with a bold vision, a truth that the WSFS Business Banking team knows well, having helped hundreds of entrepreneurs bring their dreams to life. For co-founders Rico Macaraeg and Steven Schnelle, that vision centered on building a community around health and fitness. Their entrepreneurial vision led them into franchising with SWTHZ, a cold plunge and infrared sauna studio…
Buy Now, Pay Later (BNPL) services have transformed from a convenient shopping option into a mainstream payment method. According to a WSFS Money Trends Survey, 38% of adults in the Greater Philadelphia and Delaware region used BNPL in the past year. While these services offer an appealing alternative to credit cards, allowing shoppers to split…
Buying a home is a big milestone, but for those who have complex income streams, it can feel confusing. If you’re one of the many borrowers with variable income or multiple sources of income, follow these steps to keep the process clear and calm. Step 1: List your income sources Your first goal of the…
As the oldest and largest locally headquartered bank and wealth management franchise in the Greater Philadelphia and Delaware region, we’re committed to serve the communities where we live, work, and do business. That commitment was on full display on Wednesday, October 1, as part of our third-annual We Stand for Service Day. The company-wide day…
As you scroll through shopping sites and encounter unfamiliar retailers, be sure to pause before entering your payment information. As we enter Cybersecurity Awareness Month, it’s important to follow safe online practices like complex passwords, multi-factor authentication, keeping your software up to date, and staying alert for scams. While you do your part to keep…
The first few weeks after a disaster strikes can be overwhelming as you try to pick up the pieces, support your neighbor, or donate from afar. No matter what camp you fall into, or what disaster has hit, scammers can prey on your misfortune or generosity. While there are a number of potential scams you…
It’s easy to get caught up in day-to-day operations as a business owner, but as an operation grows, keeping each area efficient and protecting margins is crucial. By examining four key areas — cash management, receivables and payables, payment acceptance, and fraud mitigation — business owners can unlock significant improvements in efficiency and financial health….
For many small businesses, the fourth quarter is an essential part of the year’s sales goals. The National Retail Federation estimates shoppers spent $296 billion in stores and online during the 2024 shopping season. As retailers gear up for a shopping boom, restaurants prepare for an influx of family gatherings, service providers try to finish…
The Federal Reserve’s most recent cuts could mean changes for savings accounts and certificates of deposit (CDs). While these macroeconomic shifts are designed to help control or reduce inflation and encourage economic growth by making it easier for the average person to borrow money, it also can have a direct ripple effect on personal finances, particularly savings…
Service, truth and respect — three words that encapsulate the WSFS experience both for our Associates and Clients. Our values, which serve as the foundation of the WSFS Bank company culture, have been built over time through thoughtful, purposeful actions from our visionary leaders and dedicated Associates, both current and former. WSFS Bank’s nearly 200-year…
As talks of tariffs turn into increased prices for consumers, many US businesses are experiencing declining profit margins. Business owners are now weighing the pros and cons of passing these costs along to the consumer versus absorbing the hit to their bottom line. Before raising the cost outright, some businesses are choosing to eliminate perks…
With just a few weeks until the start of school, 1,000 students across the Philadelphia region will be going back to school in style thanks to WSFS Bank, The Philadelphia Union and City Team Chester, a non-profit who helps families and children in need with hot meals and essential supplies. The Union held its Backpack…
Growing your business requires dedication, strategy and smart financial management. Unfortunately, it can also make you a target for sophisticated scams. Fraudsters are not only looking to target your personal finances but also your employees’ and customers’ financial information. According to the Better Business Bureau, more than 60% of businesses dealt with scammers in 2024….
Across the Greater Philadelphia and Delaware Valley, you can find WSFS Bank banking offices, billboards and commercials. Existing as the oldest and largest locally headquartered bank and wealth management franchise in the Greater Philadelphia and Delaware Valley, its impact stretches far beyond the region. Through the bank’s Institutional Trust’s Global Capital Markets Team, clients can…
Small businesses are the cornerstone of the American Dream. And for more than 70 years, the Small Business Act, a landmark law enacted in 1953 that established the Small Business Administration (SBA), has been helping Americans achieve that dream. As entrepreneurs prepare to take their dreams from idea to reality or grow the business they…
Effective July 4, 2025, the One Big Beautiful Bill Act introduced sweeping tax reforms that offered major advantages for small businesses, particularly those in manufacturing or in high cost of goods sold (COGS) sectors. While the new legislation has received mixed reviews from Americans and political analysts, it does include important tax benefits for small…
When your bank reaches out, it’s typically important. It’s something scammers know and are using it to their advantage. That’s why impersonation fraud is on the rise as criminals try to get you to reveal your account information, and, ultimately, take money from you. You can keep your guard up by looking for these five signs…
Walk into any of WSFS’ branches and you will see dozens of Associates ready to serve your banking needs. Behind the scenes are dozens more working to keep your information and money protected. Max Kaplan has had the opportunity to learn both sides of the business over several internship experiences, and it’s those learning opportunities…
At WSFS, belonging and inclusion are tied to the core values of the company: Service, Truth and Respect. It’s an undertaking woven into the fabric of the Associate experience and one Ishrat Jahan is working to enhance during her internship this summer. Jahan is taking her education as a human resources and management major at…
Internships are an important part of the college experience, and for Trevor McDaniel, it’s an experience that’s helping him reach his long-term goals. Working as a Commercial Lending Intern within the bank’s Centralized Credit Group, he’s walking away with tangible experiences going into his final year at school at Cheyney University of Pennsylvania. McDaniel’s internship…
The doors of the WSFS Bank Sportsplex, a state of the art, $100 million dollar, 170,000-square-foot sports and recreation complex adjacent to Subaru Park in Chester, Pennsylvania, are now open thanks to a partnership between WSFS Bank and the Philadelphia Union. The Thursday, July 17, ribbon-cutting celebration marks the first for Major League Soccer –…
Ryan, a 13-year-old from Delaware will travel on his dream trip to Key West, Florida, thanks to Make-A-Wish Philadelphia, Delaware & Susquehanna Valley and WSFS Bank. During the June 17, 2025, celebration, WSFS and Make-A-Wish surprised Ryan with a backpack filled with everything needed for a sunny sendoff. Ryan lives with a genetic disorder and…
In celebration of Juneteenth, WSFS Bank proudly partnered with the Philadelphia Union to build bikes for the Boys and Girls Club of Chester, Pennsylvania, a non-profit that empowers children and teens to build a brighter future. WSFS volunteers, executive leadership and the Philadelphia Union front office came together to build bikes and safety kits before…
It’s easy to brush off scams, especially when you think it’ll never happen to you. However, according to the Federal Trade Commission, Americans lost $2.95 billion to scams in 2024. And the majority of those losses came from impersonation scams. Criminals are finding sophisticated ways to con you out of your money, especially if they…
Step inside Skirt, a boutique staple along Bryn Mawr’s Lancaster Avenue, and you’ll instantly receive top tier customer experience. Owner Maureen Doron has focused on helping women look good and feel their best since 2001. In that time, she’s also learned that the customer experience is key. The boutique offers everything from personalized styling services,…
If it feels like you are getting more texts from unknown numbers alerting you about missed packages, offering you a new job, or alerting you to fraudulent charges on your bank account, you’re not alone. The Federal Trade Commission saw nearly 250,000 reports of these fraudulent texts in 2024, resulting in consumers losing a staggering…
Late in 2024, economic forecasts for this year were mostly positive. However, the first part of 2025 has held more surprises than many business owners would prefer. While economic uncertainty presents challenges, for a well-prepared small business, it can also present opportunities. Here’s how to help ensure your business succeeds, no matter the circumstances. 1….
Making good financial decisions is one of the most important life lessons a parent can teach their child. Early financial education lays the groundwork for solid financial decision-making through adulthood and children who develop good money management skills are better prepared to face challenging financial decisions later in life and engage in responsible spending. WSFS…
Estate planning is one of the most thoughtful decisions property owners can make when placing real estate assets in a Limited Liability Company (LLC). Many people think estate planning is just about writing a will, but it involves much more—especially if you own valuable property. Using an LLC for real estate can provide legal protection,…
Interest rates play a pivotal role in the U.S. economy, influencing everything from consumer spending to business investments. These rates determined mainly by the Federal Reserve (“the Fed”), directly affect the cost of borrowing and the returns on savings. For individuals and businesses, understanding how interest rates rise and fall—and the ripple effects these changes…
If you found yourself on the sidelines of the housing market in recent years, you’re not alone. Between elevated interest rates, bidding wars and soaring home values, many prospective homebuyers have been left wondering when some relief is on the way. Trying to time your home purchase to coincide with rate drops can be difficult,…
Small business owners and decision makers are optimistic about the economic outlook for the year ahead, with 60% expecting a slight or significant increase in revenue, according to a new survey conducted by WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS). The survey polled 597 small business decision makers to gauge their…
Tax season is a prime opportunity for cybercriminals to steal your information and money. From phishing emails to fraudulent tax preparers, the threats are numerous. Here are seven proactive steps to help you protect your finances: 1. Verify Communications The IRS never initiates contact via email, text, or social media. Contact is only made via…
Purchasing a home is one of life’s most important financial decisions. If you’re a homebuyer, WSFS is here to help with the information and resources you need so you can make your next move with confidence. Join us for our upcoming events for a comprehensive step-by-step review of the homebuying process, from choosing a realtor…
The WSFS CARES Foundation, the charitable giving arm of WSFS Bank, announced it has provided grants to four organizations as part of its continuing series of philanthropic activities by WSFS and the Foundation. The grants, approved in the fourth quarter by the WSFS CARES Foundation board, will support the following organizations: Community Education Building ($285,000…
The dream of homeownership is a milestone many consumers strive for. The house hunting and mortgage process can also be daunting – particularly in recent years with elevated interest rates and bidding wars – emphasizing the importance of patience and having a strong plan in place. Senora’s journey to homeownership began with attending a NeighborGood…
Cash or card? It’s a common question many of us encounter when we reach the checkout line at the grocery store and other retailers, but which method really is the best option? It depends. With technology continuing to advance, more options like mobile payments and even services like buy-now-pay-later (BNPL) for online shopping enter the…
Small businesses are the backbone of our local communities but can face challenges when it comes to financial stability. Accessing and managing affordable funding, finding ways to invest in growth, and building and maintaining strong credit profiles are just a few hurdles small business owners encounter. With the right strategies in place, however, businesses can…
The end of one year and start of another can be an excellent time to evaluate your personal security and take proactive steps to protect yourself from fraud. With technology rapidly advancing and fraudsters developing increasingly sophisticated tactics, including leveraging artificial intelligence (AI), consumers must stay vigilant. Here’s how you can perform a privacy checkup…
The end of one year and beginning of another is an opportunity for a fresh start, including for your finances. After a year filled with economic headwinds, many consumers are taking action, including the 33% in the region who are cutting back on non-essential spending, according to a WSFS Bank Money Trends Survey. Here are…
Whether you’re hunting for the perfect gift or indulging in some retail therapy this holiday season, it’s crucial to keep your guard up and finances secure. Consumers lost more than $10 billion to fraud in 2023, according to the Federal Trade Commission (FTC), underscoring the importance of taking steps to protect your wallet. Here are…
The housing market remains tight, presenting challenges for many aspiring homebuyers who have been sidelined in recent years. While the Federal Reserve has started decreasing interest rates, mortgage rates tend to be tied more closely to U.S. Treasury bonds. However, there are steps you can take now to prepare yourself for when you find your…
As the year draws to a close, small businesses face the crucial task of year-end planning. Now is an ideal time to evaluate your company’s financial health, refine your business’ strategies, and set the stage for a successful year ahead. Here are ways small businesses can strengthen their foundation heading into 2025. Perform a Full…
Purchasing a home is one of life’s most important financial decisions. If you’re a homebuyer, WSFS is here to help with the information and resources you need so you can make your next move with confidence. Join us for our upcoming events for a comprehensive step-by-step review of the homebuying process, from choosing a realtor…
The WSFS CARES Foundation, the charitable giving arm of WSFS Bank, announced it has provided grants to two organizations as part of its continuing series of philanthropic activities by WSFS and the Foundation. The grants, approved in the third quarter by the WSFS CARES Foundation board, will support: Pathways to Success ($160,000 Grant to be…
It’s hard to believe, but the holiday season is just around the corner. Rising costs and inflation remained the top driver of increased spending by regional residents in 2024 (69%), according to a WSFS Bank Money Trends survey. In a year filled with continued economic pressures, it is vital to get an early start and…
The long-anticipated decision by the Federal Reserve to cut interest rates arrived in September, bringing with it some much anticipated relief for both businesses and consumers. The Fed’s focus on lowering rates between now and this time next year should quickly improve liquidity, confidence, and optimism for businesses, which helps move the markets and commerce….
WSFS Bank announced the launch of its annual Food Drive to combat food insecurity across the Greater Philadelphia and Delaware region. WSFS banking offices in Delaware, New Jersey and Pennsylvania will serve as deposit centers for nonperishable donations from WSFS Associates, Customers and Community members through December 31, 2024. WSFS officially kicked off the Food…
