Overview / Commentary
500 Delaware Avenue
Wilmington, DE 19801

WSFS Bank is headquartered in Wilmington and is the 9th largest bank in the state of Delaware. It is also the 172nd largest bank in the nation. It was established in 1832 and as of December of 2018, it had grown to 1,147 employees at 64 locations. WSFS Bank's money market rates are 14% higher than the national average, and it boasts an A+ health rating.

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Reviews (4)

A very reliable bank in Delaware

WSFS is a pretty reliable bank to use regularly. They have friendly customer service, overall. Their employees treat you like valued customers.

On the downside, they do not have as many online features as, say, Capital One 360. I cannot yet deposit checks online. Their site interface is also not quite as advanced as some others.

Also on the negative, it is also more difficult to do transfers from other banks; They tend to charge you fees. Furthermore, there are overdraft fees and potential fees for withdrawing from a credit line automatically. This is inconvenient and can make transactions more of a hassle. Perhaps some other banking experiences have spoiled. For the record, I have a WSFS checking account.

On the plus side, you can get a debit card for them fairly easily. And if you live in Delaware, you can get serviced at a lot of different locations. There are also WSFS atms around the area. So more personal service and locations makes up somewhat for lack of online features. And that means that there are more people getting jobs instead of all the banking done remotely. I appreciate that.

Overall, a very good bank.

overall a good local bank

We became WSFS customers because they offered not only a no-fee interest checking account, but also had a rewards program. The rewards program has been discontinued now, but they still offer interest checking accounts with no fees which is hard to find elsewhere. Even though they have cut back the benefits, they are still a good bank to use. The employees are very customer service focused. They do try to cross sell their products frequently, but they do not harass customers with mailings or e-mail. It is a bit unsettling that they are now merging with another bank and restructuring, but from what I can see, things are generally remaining as they were which is just fine with us! Most branches offer extended banking hours, and I have seen their ATMs in many locations including in store fronts which is convenient. Their online banking is limited unless you want to go completely paperless so keep that in mind especially if you like paper statements mailed to you and still want to do the majority of your banking online; but you can still check your balance and recent transactions even if you don't have full online access. Overall, their fees seems to be fair, they do not surprise you with charges, and we have found it be a convenient place to do our banking.

WSFS Is Truly A Service Oriented Bank

I have been a customer of this bank for over 15 years, and it is a bank that really focuses on the customer and goes the extra mile to provide great service. Although I had a couple negative experiences (with an excessive overdraft fee and fees for reordering checks),most of my contact with this bank has been problem free. At one branch, all of the representatives remember names and help each other out with cases when the others are busy.

NOT Service Oriented Anymore

Posted by: Copper | Mar 3, 2015

I have been with WSFS for over 10 years. I have noticed a decline in customer service, especially the past 3 years. As they focus more on growth and profit, they focus less on helping the customer. They eliminated the "REALLY! Free" banking, reduced the number of ATM's, don't keep the ATM's filled with money, and have made it more difficult and expensive to qualify for loans. Two of my family members have already switched, and I am too. They are now just another profit-focused business,


Health Grade Components

FDIC Certificate #17838
Year Established1832
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.65%
Return on Equity - YTD13.85%
Annual Interest Income$292.9MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$7.18B$6.95B
LoansQ4 2018vs Q4 2017$4.89B$4.81B
DepositsQ4 2018vs Q4 2017$5.68B$5.29B
Equity CapitalQ4 2018vs Q4 2017$886.5MM$799.9MM
Loan Loss AllowanceQ4 2018vs Q4 2017$39.5MM$40.6MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$30.9MM$42.3MM
Real Estate OwnedQ4 2018vs Q4 2017$2.7MM$2.5MM
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Always verify rates and promotions with the bank or credit union. We are not WSFS Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

WSFS Bank Savings Account Rates

0.10%--All-Purpose Club
0.05%*$25k*-Small Business Core Savings
OTHER TIERS: 0.03% Up to $25k
0.05%*$25k*-Core Savings
OTHER TIERS: 0.03% Up to $25k

WSFS Bank Money Market Rates

0.50%*$100k*-Money Market
OTHER TIERS: 0.05% Up to $5k | 0.10% $5k - $10k | 0.15% $10k - $25k | 0.30% $25k - $100k
0.15%*$25k*-Small Business Money Market
OTHER TIERS: 0.01% Up to $5k | 0.05% $5k - $10k | 0.10% $10k - $25k

WSFS Bank Checking Account Rates

0.10%*$100k*-Relationship Checking
OTHER TIERS: 0.01% Up to $5k | 0.03% $5k - $25k | 0.05% $25k - $100k
0.03%*$10k*-Interest Checking
OTHER TIERS: 0.01% Up to $10k

WSFS Bank CD Rates

2.50%$2.5k-13 Month Fixed Rate CD
1.25%$2.5k-60 Month Fixed Rate CD
1.00%$2.5k-48 Month Fixed Rate CD
1.00%$2.5k-36 Month Fixed Rate CD
0.50%$2.5k-24 Month Fixed Rate CD
0.35%$2.5k-18 Month Fixed Rate CD
0.30%$2.5k-12 Month Fixed Rate CD
0.15%$2.5k-6 Month Fixed Rate CD

WSFS Bank IRA Rates

1.25%$2.5k-60 Month Fixed Rate IRA
1.00%$2.5k-36 Month Fixed Rate IRA
1.00%$2.5k-48 Month Fixed Rate IRA
0.50%$2.5k-24 Month Fixed Rate IRA
0.35%$2.5k-18 Month Fixed Rate IRA
0.30%$2.5k-12 Month Fixed Rate IRA
0.15%$2.5k-6 Month Fixed Rate IRA


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