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Washington Savings Bank (MA)


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.washingtonsavings.com
978-458-7999
30 Middlesex St.
Lowell, MA 01852

In 1892, Washington Savings Bank made its first home in Lowell, MA. With the growing success of the Bank, two more branches were added in Dracut and Tyngsboro in 1997 and 1998 to help them better serve the Greater Lowell community.

Now as the community continues to grow and consumers search for more banking options, Washington Savings Bank strives to meet those needs with the community banking perspective their customers have grown to love and innovative products and services that only be found at Washington Savings Bank.

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Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #90229
Year Established1892
Employees42
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.03%
Return on Equity - YTD0.37%
Annual Interest Income$3MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$293.3MM$285.1MM
LoansQ1 2025vs Q1 2024$235.6MM$229.4MM
DepositsQ1 2025vs Q1 2024$229MM$230.1MM
Equity CapitalQ1 2025vs Q1 2024$27MM$25.9MM
Loan Loss AllowanceQ1 2025vs Q1 2024$1.5MM$1.6MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$783K$682K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/6/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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Always verify rates and promotions with the bank or credit union. We are not Washington Savings Bank (MA); 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.

Washington Savings Bank (MA) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$10-Christmas Club
0.10%$0-Rewards Savings
0.05%$10-Passbook Savings
0.05%$10-Statement Savings
0.05%$10-Vacation Club
0.05%$0-Prize Savings (eStatement Account)

Washington Savings Bank (MA) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.75%$10-Business Money Market Account
0.15%*$100k*-Money Market Account
OTHER TIERS: 0.05% → $10 - $25k | 0.10% → $25k - $100k
0.15%*$100k*-IRA Money Market
OTHER TIERS: 0.05% → $10 - $25k | 0.10% → $25k - $100k

Washington Savings Bank (MA) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$0$10kInterest Rewards Checking
0.20%$0$10kBusiness Rewards Checking
0.15%*$50k*-Interest Business Checking
OTHER TIERS: 0.10% → $10 - $50k

Washington Savings Bank (MA) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.80%$10-91 Day Certificate
3.70%$10-6 Month Certificate
3.65%$10-7 Month Certificate
3.50%$10-18 Month Certificate
3.26%$10-12 Month Certificate
2.00%$10-15 Month Certificate
0.75%$10-60 Month Certificate
0.65%$10-49 Month Certificate
0.55%$10-36 Month Certificate
0.50%$10-30 Month Certificate
0.50%$10-26 Month Bump Certificate Special
0.40%$10-24 Month Certificate
0.30%$10-10 Month Certificate

Washington Savings Bank (MA) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.50%$500-18 Month IRA Certificate
3.26%$500-12 Month IRA Certificate
0.75%$500-60 Month IRA Certificate
0.65%$500-48 Month IRA Certificate
0.55%$500-36 Month IRA Certificate
0.40%$500-24 Month IRA Certificate
Locations


Washington Savings Bank (MA) Locations
Dracut Branch100 Broadway RoadDracut, MA 01826
Washington Savings Bank30 Middlesex StLowell, MA 01852

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