The Washington Savings Bank, FSB

The Washington Savings Bank, FSB Locations

4201 Mitchellville Road, Suite 200
Bowie, MD 20716
301-352-3120
www.twsb.com

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The Washington Savings Bank, FSB is headquartered in Bowie and is the 25^th largest bank in the state of Maryland. It is also the 1,777^th largest bank in the nation. It was established in 1982 and as of March of 2012, it had grown to 104 employees at 5 locations. The Washington Savings Bank, FSB's savings rates are 92% higher than the national average, and it has a 3-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

The Washington Savings Bank, FSB Checking Account Rates

Apy	Min	Max	Product
0.20%	$500	-	Premium Checking Account
0.10%	$500	-	Business NOW Account
0.00%	$100	-	Small Business Free Account
0.00%	$100	-	Business Plus Account
0.00%	$1k	-	Business Analyzer Account

The Washington Savings Bank, FSB Savings Account Rates

Apy	Min	Max	Product
1.00%	$2k	-	Coverdell Education Savings Account
0.25%	$50	-	Performance Savings Account
0.25%	-	-	KidSAVE2 Account
0.15%	$10k	-	Business Saver Account
0.00%	$25	-	Winter Wishes Club Account

The Washington Savings Bank, FSB Money Market Rates

Apy	Min	Max	Product
0.80%	$100k	-	Maximum Money Market Account
0.80%	$2,500k	-	Business Money Market Account

The Washington Savings Bank, FSB CD Rates

Apy	Min	Max	Product
1.51%	$10k	-	Business 60 Month Quarterly Compounding CD
1.51%	$10k	-	60 Month Monthly Earnings Disbursed CD
1.51%	$10k	-	60 Month Quarterly Compounding CD
1.51%	$10k	-	Business 60 Month Monthly Earnings Disbursed CD
1.41%	$50	$100k	60 Month Dream Catcher CD
1.10%	$10k	-	Business 48 Month Quarterly Compounding CD
1.10%	$10k	-	48 Month Monthly Earnings Disbursed CD
1.10%	$10k	-	48 Month Quarterly Compounding CD
1.10%	$10k	-	Business 48 Month Monthly Earnings Disbursed CD
1.00%	$10k	-	Business 36 Month Quarterly Compounding CD
1.00%	$10k	-	36 Month Monthly Earnings Disbursed CD
1.00%	$50	$100k	48 Month Dream Catcher CD
1.00%	$10k	-	36 Month Quarterly Compounding CD
1.00%	$10k	-	Business 36 Month Monthly Earnings Disbursed CD
0.90%	$50	$100k	36 Month Dream Catcher CD
0.80%	$10k	-	Business 30 Month Quarterly Compounding CD
0.80%	$10k	-	30 Month Monthly Earnings Disbursed CD
0.80%	$10k	-	30 Month Quarterly Compounding CD
0.80%	$10k	-	Business 30 Month Monthly Earnings Disbursed CD
0.65%	$10k	-	Business 24 Month Quarterly Compounding CD
0.65%	$10k	-	24 Month Monthly Earnings Disbursed CD
0.65%	$10k	-	24 Month Quarterly Compounding CD
0.65%	$10k	-	Business 24 Month Monthly Earnings Disbursed CD
0.55%	$50	$100k	24 Month Dream Catcher CD
0.40%	$10k	-	Business 12 Month Quarterly Compounding CD
0.40%	$10k	-	12 Month Monthly Earnings Disbursed CD
0.40%	$10k	-	12 Month Quarterly Compounding CD
0.40%	$10k	-	Business 12 Month Monthly Earnings Disbursed CD
0.25%	$10k	-	6 Month CD
0.25%	$500	-	12 Month No Penalty CD
0.15%	$500	-	6 Month No Penalty CD
0.10%	$10k	-	3 Month CD

The Washington Savings Bank, FSB IRA Rates

Apy	Min	Max	Product
1.51%	$100	-	60 Month Traditional IRA
1.51%	$100	-	60 Month Roth IRA
1.51%	$100	-	60 Month CESA
1.10%	$100	-	48 Month Traditional IRA
1.10%	$100	-	48 Month Roth IRA
1.10%	$100	-	48 Month CESA
1.00%	$100	-	36 Month Traditional IRA
1.00%	$100	-	36 Month Roth IRA
1.00%	$100	-	36 Month CESA
0.80%	$100	-	30 Month Traditional IRA
0.80%	$100	-	30 Month Roth IRA
0.80%	$100	-	30 Month CESA
0.65%	$100	-	24 Month Traditional IRA
0.65%	$100	-	24 Month Roth IRA
0.65%	$100	-	24 Month CESA
0.40%	$100	-	12 Month Traditional IRA
0.40%	$100	-	12 Month Roth IRA
0.40%	$100	-	12 Month CESA

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

The Washington Savings Bank, FSB
OTS #	08173
FDIC Certificate #	32351
BankRate Report	View
Year Established	1982
Employees	104
Primary Regulator	OCC
Assets and Liabilities
Assets	$375.63 million
Loans	$204.36 million
Deposits	$254.93 million
Equity Capital	$51.47 million
Loan Loss Allowance	$3.79 million
Unbacked Noncurrent Loans	$12.89 million
Real Estate Owned	$5.76 million
Historic Data - March 2011
Assets	$407.73 million
Equity Capital	$49.35 million
Loan Loss Allowance	$3.90 million
Unbacked Noncurrent Loans	$16.25 million
Real Estate Owned	$5.93 million
Profit Margin - Quarterly
Net Interest Margin	3.42%
Return on Assets	0.36%
Return on Equity	2.65%
Interest Income	$4.20 million

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 The Washington Savings Bank, FSB had $18.65 million in non-current loans and owned real-estate with $55.26 million in equity and loan loss allowances on hand to cover it. This gives The Washington Savings Bank, FSB a Texas Ratio of 33.74% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for The Washington Savings Bank, FSB decreased slightly from 41.84% as of March 31, 2011 to 33.74% as of March 31, 2012, resulting in a positive change of 19.35%.This indicates that the balance sheet and financial strength for The Washington Savings Bank, FSB has improved slightly in recent periods.
Deposit Growth
In the past year, The Washington Savings Bank, FSB has decreased its total deposits by -$26.34 million, resulting in -9.36% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth The Washington Savings Bank, FSB has shown is poor.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. The Washington Savings Bank, FSB has $375.63 million in assets with $55.26 million in equity, resulting in a capitalization level of 14.71%, which is excellent.