WSFS Bank announced it has launched Early Pay, which allows Customers to receive eligible direct deposits from their employers up to two days early.[1] 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.
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