Washington Savings Bank

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CURRENT TOP RATE

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
1.61%	Reward Checking	2.11% - National Average
1.00%	Reward Savings	0.99% - National Average
3.00%	5-year CD	3.10% - Barclays 60 Month Online CD

View all Washington Savings Bank rates »

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 112^th largest bank in the state of Illinois. It is also the 1,887^th largest bank in the nation. It was established in 1883 and as of September of 2018, it had grown to 65 employees at 3 locations. Washington Savings Bank's CD rates are 39% higher than the national average, and it has an A health rating.

Related Posts

View all posts from:

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 Q3 2018

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Health Grade Components

Overall
FDIC Certificate #	29227
Year Established	1883
Employees	65
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.65%
Return on Equity - YTD	3.89%
Annual Interest Income	$9.5MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$364.3MM$368.0MM
Loans	Q3 2018vs Q3 2017	$263.7MM$262.1MM
Deposits	Q3 2018vs Q3 2017	$285.4MM$283.5MM
Equity Capital	Q3 2018vs Q3 2017	$61.3MM$60.8MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$1.9MM$2.1MM
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$1.4MM$2.1MM
Real Estate Owned	Q3 2018vs Q3 2017	$64.00K$98.00K

Rates

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Savings
Checking
CD
IRA

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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
1.00%^*	-	$10k	Kasasa 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
4.50%^*	-	$10k	Kasasa Cash
OTHER TIERS: 0.25% → $10k+
1.61%^*	-	$20k	Go Green Checking
OTHER TIERS: 0.25% → $20k+
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	-	60 Month CD
2.50%	$2.5k	-	20 Month CD
2.25%	$1k	-	84 Month CD
2.20%	$2.5k	-	10 Month CD
2.10%	$1k	-	48 Month CD
1.80%	$2.5k	-	36 Month CD
1.75%	$1k	-	24 Month CD
1.50%	$1k	-	30 Month CD
1.25%	$1k	-	12 Month CD
1.15%	$1k	-	18 Month CD
1.10%	$2.5k	-	15 Month CD
0.60%	$2.5k	-	182 Day CD
0.30%	$2.5k	-	91 Day CD

Washington Savings Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
3.00%	$1k	-	60 Month IRA
2.25%	$1k	-	84 Month IRA
2.25%	$1k	-	84 Month Roth IRA
1.80%	$2.5k	-	36 Month Bump Roth IRA
1.80%	$2.5k	-	36 Month Bump IRA
1.75%	$1k	-	24 Month Roth IRA
1.75%	$1k	-	24 Month IRA
1.50%	$1k	-	30 Month IRA
1.25%	$1k	-	12 Month Roth IRA
1.25%	$1k	-	12 Month IRA
1.15%	$100	-	18 Month Variable Roth IRA
1.15%	$100	-	18 Month Variable IRA
1.15%	$1k	-	18 Month IRA
1.10%	$2.5k	-	15 Month Roth IRA
1.10%	$2.5k	-	15 Month 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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