Washington Savings Bank is headquartered in EFFINGHAM and is the 93rd largest bank in the state of Illinois. It is also the 1,617th largest bank in the nation. It was established in 1883 and as of March of 2025, it had grown to 73 employees at 5 locations. Washington Savings Bank's CD rates are 4X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 29227 |
Year Established | 1883 |
Employees | 73 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.18% |
Return on Equity - YTD | 1.75% |
Annual Interest Income | $5.7MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $580.6MM$598MM |
Loans | Q1 2025vs Q1 2024 | $329MM$340.1MM |
Deposits | Q1 2025vs Q1 2024 | $501.4MM$512.8MM |
Equity Capital | Q1 2025vs Q1 2024 | $60.5MM$56.1MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $3.5MM$3.5MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.6MM$1.7MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $25K$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Washington Savings Bank Locations | ||
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Keller Drive Branch | 1300 North Keller Drive | Effingham, IL 62401 |
Washington Savings Bank | 200 S Banker St | Effingham, IL 62401 |
Mattoon Branch | 1111 Charleston Avenue | Mattoon, IL 61938 |
Lerna Banking Center | 506 Main Street | Lerna, IL 62440 |
Broadway Banking Center | 1117 Broadway Avenue East | Mattoon, IL 61938 |