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Washington Savings Bank

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CURRENT TOP RATE

Elite Plus Checking

Overview / Commentary

www.washingtonsavings.net

800-836-7173

200 South Banker Street
Effingham , IL 62401

Washington Savings Bank is headquartered in Effingham and is the 110^th largest bank in the state of Illinois. It is also the 1,854^th largest bank in the nation. It was established in 1883 and as of March of 2019, it had grown to 63 employees at 3 locations. Washington Savings Bank's CD rates are 2X the national average, and it boasts an A+ health rating.

Related Posts

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2010

5/3 - The New Type of Reward Checking/Savings Accounts?
5/3 - Free Netbook Checking Account Promo at Washington Savings Bank - MA & NH Residents Only

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Health

A+

Data as of Q1 2019

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Health Grade Components

Overall
FDIC Certificate #	29227
Year Established	1883
Employees	63
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.52%
Return on Equity - YTD	3.07%
Annual Interest Income	$3.3MM

Assets and Liabilities
Assets	Q1 2019vs Q1 2018	$375.8MM$366.0MM
Loans	Q1 2019vs Q1 2018	$247.4MM$263.1MM
Deposits	Q1 2019vs Q1 2018	$302.3MM$286.3MM
Equity Capital	Q1 2019vs Q1 2018	$63.5MM$60.5MM
Loan Loss Allowance	Q1 2019vs Q1 2018	$1.9MM$1.9MM
Unbacked Noncurrent Loans	Q1 2019vs Q1 2018	$1.2MM$1.4MM
Real Estate Owned	Q1 2019vs Q1 2018	$63.00K$149.00K

Rates

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Checking
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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 Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.50%	$1	-	Christmas Club
1.01%^*	-	$10k	Elite Saver
OTHER TIERS: 0.25% → $10k+
0.65%^*	$100k^*	-	Tiered Statement Savings
OTHER TIERS: 0.40% → Up to $10k \| 0.45% → $10k - $25k \| 0.50% → $25k - $50k \| 0.60% → $50k - $100k
0.40%^*	$250k^*	-	Commercial Statement Savings
OTHER TIERS: 0.15% → Up to $10k \| 0.20% → $10k - $50k \| 0.30% → $50k - $100k \| 0.35% → $100k - $250k
0.35%^*	$10k^*	-	Health Savings Accounts
OTHER TIERS: 0.25% → Up to $5k \| 0.30% → $5k - $10k
0.20%	$10	-	Kid's Club

Washington Savings Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
4.00%^*	-	$10k	Elite Plus Checking
OTHER TIERS: 0.25% → $10k+
4.00%^*	-	$10k	Elite Plus/Saver Checking
OTHER TIERS: 0.25% → $10k+
1.75%^*	-	$15k	Elite Value Checking
OTHER TIERS: 0.25% → $15k+
0.65%^*	$250k^*	-	Super NOW Checking
OTHER TIERS: 0.40% → Up to $10k \| 0.45% → $10k - $50k \| 0.50% → $50k - $100k \| 0.60% → $100k - $250k

Washington Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.00%	$1k	-	84 Month CD
2.65%	$1k	-	48 Month CD
2.65%	$1k	-	60 Month CD
2.35%	$2.5k	-	36 Month CD
2.25%	$1k	-	30 Month CD
2.15%	$1k	-	12 Month CD
2.00%	$2.5k	-	20 Month CD
2.00%	$1k	-	24 Month CD
1.80%	$1k	-	18 Month CD
1.75%	$2.5k	-	15 Month CD
1.50%	$2.5k	-	91 Day CD
1.50%	$2.5k	-	10 Month CD
1.25%	$2.5k	-	182 Day CD

Washington Savings Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.00%	$1k	-	84 Month IRA
3.00%	$1k	-	84 Month Roth IRA
2.65%	$1k	-	60 Month IRA
2.35%	$2.5k	-	36 Month Bump Roth IRA
2.35%	$2.5k	-	36 Month Bump IRA
2.25%	$1k	-	30 Month IRA
2.15%	$1k	-	12 Month Roth IRA
2.15%	$1k	-	12 Month IRA
2.00%	$1k	-	24 Month Roth IRA
2.00%	$1k	-	24 Month IRA
1.80%	$1k	-	18 Month IRA
1.75%	$2.5k	-	15 Month Roth IRA
1.75%	$2.5k	-	15 Month IRA
1.15%	$100	-	18 Month Variable Roth IRA
1.15%	$100	-	18 Month Variable IRA

Locations

Washington Savings Bank Locations
Keller Drive Branch	1300 North Keller Drive	Effingham, IL 62401
Washington Savings Bank	200 South Banker Street	Effingham, IL 62401
Mattoon Branch	1111 Charleston Avenue	Mattoon, IL 61938

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