WSFS Bank Launches Early Pay, Enabling Customers to Receive Eligible Direct Deposits Early
15 Abril 2024 - 11:00AM
Business Wire
WSFS Bank, the primary subsidiary of WSFS Financial Corporation
(Nasdaq: WSFS), announced it has launched Early Pay, which allows
Customers to receive eligible direct deposits from their employers
up to two days early. Early Pay is also available for recurring
government benefits, such as Social Security payments.
“We’re thrilled to be able to offer Early Pay to our Customers
to help streamline their eligible direct deposits and enable them
to access funds sooner,” said Shari Kruzinski, Executive Vice
President, Chief Consumer Banking Officer at WSFS Bank. “WSFS has
been supporting our Customers for nearly 200 years. Our Customers’
needs continue to evolve over time and so does WSFS. We’re proud to
continue offering products and services to help our Customers
access their funds quicker and tools that make banking easier.”
Customers already enrolled in direct deposit for their paycheck
or recurring government benefits will receive funds up to two days
early when connected to their WSFS personal checking, savings or
money market accounts. The direct deposit must be to a WSFS Bank
personal account and indicate that it is a payroll or recurring
government benefit in the Automated Clearing House (ACH)
description. There are no costs or fees associated with Early Pay,
and Customers can also set up alerts in online banking to be
notified when their deposit is available.
Click here to learn more about Early Pay.
About WSFS Financial Corporation
WSFS Financial Corporation is a multibillion-dollar financial
services company. Its primary subsidiary, WSFS Bank, is the oldest
and largest locally headquartered bank and trust company in the
Greater Philadelphia and Delaware region. As of December 31, 2023,
WSFS Financial Corporation had $20.6 billion in assets on its
balance sheet and $78.1 billion in assets under management and
administration. WSFS operates from 114 offices, 88 of which are
banking offices, located in Pennsylvania (57), Delaware (40), New
Jersey (14), Florida (1), Nevada (1) and Virginia (1) and provides
comprehensive financial services including commercial banking,
consumer banking, treasury management and trust and wealth
management. Other subsidiaries or divisions include Arrow Land
Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The
Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane
Finance®, Powdermill® Financial Solutions, WSFS Institutional
Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving
the Greater Delaware Valley since 1832, WSFS Bank is one of the ten
oldest banks in the United States continuously operating under the
same name. For more information, please visit www.wsfsbank.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240415260071/en/
Media Contact: Kyle Babcock (215) 864-1795
kbabcock@wsfsbank.com
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