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The New Washington State Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
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 7/3/2025
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 7/3/2025
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 7/3/2025
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
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.newwashbank.com
812-293-3321
402 E Main Street
New Washington, IN 47162

The New Washington State Bank is headquartered in NEW WASHINGTON and is the 34th largest bank in the state of Indiana. It is also the 1,537th largest bank in the nation. It was established in 1908 and as of March of 2025, it had grown to 101 employees at 10 locations. The New Washington State Bank's money market rates are 8X the national average, and it has an A health rating.

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Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #13305
Year Established1908
Employees101
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.9%
Return on Equity - YTD11.39%
Annual Interest Income$7.6MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$614.7MM$540.2MM
LoansQ1 2025vs Q1 2024$420.2MM$379.9MM
DepositsQ1 2025vs Q1 2024$560.9MM$492.1MM
Equity CapitalQ1 2025vs Q1 2024$48.7MM$43.8MM
Loan Loss AllowanceQ1 2025vs Q1 2024$4.6MM$4.4MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$3.1MM$3.9MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
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 7/3/2025
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 7/3/2025
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 7/3/2025
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
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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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

The New Washington State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.50%*$100k*-NWSB Max Money Market Account
OTHER TIERS: 0.50% → $1k - $50k | 3.00% → $50k - $100k
Locations


Cities: Borden, Charlestown, Henryville, Jeffersonville, New Albany, New Washington, Scottsburg, Sellersburg

Borden Branches
Borden Branch430 West Water StreetBorden, IN 47106

Charlestown Branches
Charlestown Branch1083 Market StreetCharlestown, IN 47111

Henryville Branches
Henryville Branch203 Main StreetHenryville, IN 47126

Jeffersonville Branches
Jeffersonville Branch1467 Youngstown CenterJeffersonville, IN 47130
River Ridge Branch400 Patrol RoadJeffersonville, IN 47130
The New Washington State Bank Branch228 Spring StreetJeffersonville, IN 47130

New Albany Branches
New Albany123 E. Market StreetNew Albany, IN 47150

New Washington Branches
The New Washington State Bank402 E Main StNew Washington, IN 47162

Scottsburg Branches
Scottsburg Branch1770 West Mcclain AvenueScottsburg, IN 47170

Sellersburg Branches
Sellersburg Branch8509 Old State Road 60Sellersburg, IN 47172

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