Washington Savings Bank (MA)

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

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

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

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

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

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

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.washingtonsavings.com

978-458-7999

30 Middlesex St.
Lowell, MA 01852

In 1892, Washington Savings Bank made its first home in Lowell, MA. With the growing success of the Bank, two more branches were added in Dracut and Tyngsboro in 1997 and 1998 to help them better serve the Greater Lowell community.

Now as the community continues to grow and consumers search for more banking options, Washington Savings Bank strives to meet those needs with the community banking perspective their customers have grown to love and innovative products and services that only be found at Washington Savings Bank.

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Health

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	90229
Year Established	1892
Employees	42
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.03%
Return on Equity - YTD	0.37%
Annual Interest Income	$3MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$293.3MM$285.1MM
Loans	Q1 2025vs Q1 2024	$235.6MM$229.4MM
Deposits	Q1 2025vs Q1 2024	$229MM$230.1MM
Equity Capital	Q1 2025vs Q1 2024	$27MM$25.9MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$1.5MM$1.6MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$783K$682K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

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

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

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

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

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

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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Money Market
Checking
CD
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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 (MA) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%	$10	-	Christmas Club
0.10%	$0	-	Rewards Savings
0.05%	$10	-	Passbook Savings
0.05%	$10	-	Statement Savings
0.05%	$10	-	Vacation Club
0.05%	$0	-	Prize Savings (eStatement Account)

Washington Savings Bank (MA) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
3.75%	$10	-	Business Money Market Account
0.15%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.05% → $10 - $25k \| 0.10% → $25k - $100k
0.15%^*	$100k^*	-	IRA Money Market
OTHER TIERS: 0.05% → $10 - $25k \| 0.10% → $25k - $100k

Washington Savings Bank (MA) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%	$0	$10k	Interest Rewards Checking
0.20%	$0	$10k	Business Rewards Checking
0.15%^*	$50k^*	-	Interest Business Checking
OTHER TIERS: 0.10% → $10 - $50k

Washington Savings Bank (MA) CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.80%	$10	-	91 Day Certificate
3.70%	$10	-	6 Month Certificate
3.65%	$10	-	7 Month Certificate
3.50%	$10	-	18 Month Certificate
3.26%	$10	-	12 Month Certificate
2.00%	$10	-	15 Month Certificate
0.75%	$10	-	60 Month Certificate
0.65%	$10	-	49 Month Certificate
0.55%	$10	-	36 Month Certificate
0.50%	$10	-	30 Month Certificate
0.50%	$10	-	26 Month Bump Certificate Special
0.40%	$10	-	24 Month Certificate
0.30%	$10	-	10 Month Certificate

Washington Savings Bank (MA) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.50%	$500	-	18 Month IRA Certificate
3.26%	$500	-	12 Month IRA Certificate
0.75%	$500	-	60 Month IRA Certificate
0.65%	$500	-	48 Month IRA Certificate
0.55%	$500	-	36 Month IRA Certificate
0.40%	$500	-	24 Month IRA Certificate

Locations

Washington Savings Bank (MA) Locations
Dracut Branch	100 Broadway Road	Dracut, MA 01826
Washington Savings Bank	30 Middlesex St	Lowell, MA 01852

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