Featured Savings Rates
Featured Accounts

Waterman State Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.00%Reward CheckingWSB Rewards Checking
0.75%Reward SavingsWSB Rewards Savings
0.50%1-year CD12 Month CD

Overview / Commentary
815-264-3201
244 West Lincoln Street
Waterman, IL 60556

Waterman State Bank is headquartered in Waterman and is the 421st largest bank in the state of Illinois. It is also the 5,483rd largest bank in the nation. It was established in 1908 and as of June of 2017, it had grown to 6 employees at 1 location. Waterman State Bank has a C- health rating.

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Health
C-
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Waterman State Bank has a low asset base, and a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #10878
Year Established1908
Employees6
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-2.21%
Return on Equity - YTD-27.99%
Annual Interest Income$601.00K
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$36.4MM$38.2MM
LoansQ2 2017vs Q2 2016$14.9MM$16.3MM
DepositsQ2 2017vs Q2 2016$30.5MM$32.9MM
Equity CapitalQ2 2017vs Q2 2016$2.8MM$3.1MM
Loan Loss AllowanceQ2 2017vs Q2 2016$754.00K$590.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$546.00K$530.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Waterman State Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*-$10kWSB Rewards Savings
OTHER TIERS: 0.50% $10k+
0.25%--Christmas Club
0.05%$50-Regular Savings

Waterman State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$50k*-Money Market Account
OTHER TIERS: 0.10% $2,500 - $10k | 0.15% $10k - $25k | 0.20% $25k - $50k

Waterman State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$50kWSB Rewards Checking
OTHER TIERS: 0.50% $50k+

Waterman State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%$1k-41 Month CD Special
1.30%$1k-19 Month CD Speical
1.01%$1k-48 Month CD
0.90%$1k-36 Month CD
0.80%$1k-30 Month CD
0.70%$1k-24 Month CD
0.60%$1k-18 Month CD
0.50%$1k-12 Month CD
0.30%$1k-182 Day CD
0.20%$1k-91 Day CD
0.17%$1k-7-31 Day CD

Waterman State Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.21%$1k-36 Month IRA
1.01%$1k-24 Month IRA
0.75%$1k-12 Month IRA
Locations


Waterman State Bank Locations
Waterman State Bank244 West Lincoln StreetWaterman, IL 60556