1. Banks
  2. Washington Savings Bank

Washington Savings Bank


Overview / Commentary
www.washingtonsavings.net
217-347-7173
200 South Banker Street
Effingham , IL 62401-0707

Washington Savings Bank is headquartered in Effingham and is the 104th largest bank in the state of Illinois. It is also the 1,841st largest bank in the nation. It was established in 1883 and as of June of 2020, it had grown to 63 employees at 3 locations. Washington Savings Bank has an A+ health rating.

Related Posts

View all posts from:


Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
A+

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #29227
Year Established1883
Employees63
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.7%
Return on Equity - YTD4.19%
Annual Interest Income$6.9MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$422.5MM$374.2MM
LoansQ2 2020vs Q2 2019$278.3MM$243.3MM
DepositsQ2 2020vs Q2 2019$338.4MM$299.0MM
Equity CapitalQ2 2020vs Q2 2019$69.3MM$65.0MM
Loan Loss AllowanceQ2 2020vs Q2 2019$2.3MM$1.9MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$1.6MM$1.5MM
Real Estate OwnedQ2 2020vs Q2 2019$100.00K$63.00K
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Washington Savings Bank; 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 Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.10%$1-Christmas Club
0.50%*-$10kElite Saver
OTHER TIERS: 0.25% → $10k+
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%*$100k*-Tiered Statement Savings
OTHER TIERS: 0.15% → Up to $10k | 0.20% → $10k - $25k | 0.25% → $25k - $50k | 0.30% → $50k - $100k
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*-$10kElite Plus Checking
OTHER TIERS: 0.25% → $10k+
2.00%*-$10kElite Plus/Saver Checking
OTHER TIERS: 0.25% → $10k+
1.50%*-$15kElite Value Checking
OTHER TIERS: 0.25% → $15k+
0.45%*$250k*-Super NOW Checking
OTHER TIERS: 0.15% → Up to $10k | 0.25% → $10k - $50k | 0.30% → $50k - $100k | 0.35% → $100k - $250k

Washington Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$1k-60 Month CD
1.00%$1k-84 Month CD
0.90%$1k-48 Month CD
0.80%$2.5k-36 Month CD
0.60%$1k-30 Month CD
0.55%$1k-24 Month CD
0.50%$2.5k-20 Month CD
0.45%$1k-18 Month CD
0.40%$1k-12 Month CD
0.40%$2.5k-15 Month CD
0.35%$2.5k-10 Month CD
0.25%$2.5k-182 Day CD
0.15%$2.5k-91 Day CD

Washington Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$1k-60 Month IRA
1.00%$1k-84 Month IRA
1.00%$1k-84 Month Roth IRA
0.80%$2.5k-36 Month Bump Roth IRA
0.80%$2.5k-36 Month Bump IRA
0.75%$100-18 Month Variable Roth IRA
0.75%$100-18 Month Variable IRA
0.60%$1k-30 Month IRA
0.55%$1k-24 Month Roth IRA
0.55%$1k-24 Month IRA
0.45%$1k-18 Month IRA
0.40%$1k-12 Month Roth IRA
0.40%$2.5k-15 Month Roth IRA
0.40%$1k-12 Month IRA
0.40%$2.5k-15 Month IRA
Locations


Washington Savings Bank Locations
Keller Drive Branch1300 North Keller DriveEffingham, IL 62401
Washington Savings Bank200 South Banker StreetEffingham, IL 62401
Mattoon Branch1111 Charleston AvenueMattoon, IL 61938

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.