Home » Wealth » Private Banking » Professional Practices

Private Banking for Professional Practices

WSFS Private Banking provides services for medical and dental practices and accounting and law firms that are designed with flexibility in mind for busy professionals and their businesses. You receive individual attention from a dedicated, responsive, and experienced partner. We offer a full range of customized business solutions for every stage of your business.

Our Services

Icon Business Loan

Commercial Mortgages

Commercial mortgages can be used for purchase and or renovation of owner-occupied real estate.

Icon Business Loan

Term Loans

Term loans can be used for equipment financing, ownership buyout loans, partnership capital-loans, business expansion loans, start-up medical and dental practice financing, and leasehold improvements.

Icon Business Loan

Working Capital

Working capital includes lines of credit for short-term funding needs such as malpractice insurance premiums, bonus payouts or general working capital needs.

Icon Business Loan

Commercial Deposit Accounts

Commercial deposit accounts can be tailored to your practices’ needs.

Icon Business Loan

Cash Management

Cash management includes online banking and bill pay, remote deposit, lockbox services, merchant services, and fraud protection services.

Icon Business Loan

Business Retirement Plans

We believe that your employees deserve the ability to retire on their terms as a reward for a lifetime of hard work. We champion this cause by working with you to create a comprehensive retirement plan. Our goal is to help you create a successful investment strategy that has both high participation and high deferral percentages. Both vendor and investment neutral, we act as your true independent consultant.

Icon Business Loan

Securities Backed Line of Credit

A securities-backed line of credit enables you to borrow money using your eligible marketable securities. This credit solution can satisfy your cash needs without selling assets and potentially disrupting your long-term investment plan.1 Prepare for unexpected opportunities with immediate access to funds whenever a need arises.

Frequently Asked Questions

Why Choose WSFS?

WSFS Wealth offers customized solutions to manage your day-to-day banking needs, as well as solve complex matters for you and your related interests. Our staff is comprised of experienced, knowledgeable and caring professionals committed to personal service. We appreciate your interest in our services and sincerely look forward to serving you.

Investment Products: Are Not FDIC Insured | May Lose Value | Are Not Bank Guaranteed
1 A decrease in the value of the collateral will require principal repayments to bring the account back into compliance.

Steve Kochie

Senior Vice President, Director

Private Banking

A WSFS financial expert will help you find the right solution.

Related Articles
Understanding Current Tax Implications for Real Estate Investing

Understanding Current Tax Implications for Real Estate Investing

With 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 More
Market Minute

Market Minute: The Latest on the Markets and Economy

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

Read More
Managing Your Retirement Plan in a Down Market

Managing Your Retirement Plan in a Down Market

Investing 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 More