simple savings to help reach your goals

Small Business Core Savings

Put excess business funds to work with simple savings options designed to make your money work harder.

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Key Features of Small Business Core Savings Account

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Grow Your Money

Get more from the funds you don’t need day-to-day. The higher the account balance, the more interest you earn.

Perfect Complement to a WSFS Checking Account

Feel more confident when you have money saved for emergencies or specific goals for your business.

Reduced Costs

Maintain a minimum daily balance of just $500 and we’ll waive the $5 monthly fee.

Included With Your Small Business Core Savings Account:

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Automatic savings

Transfer funds from other accounts to save money for emergencies or specific goals for your business.
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Manage your account right from your smartphone with the WSFS Mobile App.
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Use your account as Overdraft Protection for your WSFS Business Checking account with no transfer fees.

Interest Rates

tier Interest rate APY[1]
$0.01 – $9,999.99 0.20% 0.20%
$10,000 – $24,999.99 0.20% 0.20%
$25,000+ 0.20% 0.20%

What You Need to Know

  • Simply maintain a $500 monthly average balance to waive a $5 monthly fee.
  • Minimum opening deposit is $100.

Opening a Small Business Core Savings Account

Visit your nearest banking office

Schedule an appointment today with a WSFS Associate closest to you.

Speak to a WSFS Small Business team member

Click the link below to be contacted by a Small Business team member.

Other Products That May be Right for You

Check out these related products.
Perfect for small businesses with higher savings balances looking to maximize earnings or save for future expansion.
Small Business CDs offer a competitive rate and a guaranteed rate of return on business savings.
Ideal for sole proprietors and small businesses looking for a low-fee checking option that offers all of the banking basics.