Waterman Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

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Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.watermanbank.com

815-264-3201

248 W. Lincoln Hwy
Waterman, IL 60556

Waterman Bank is headquartered in WATERMAN and is the 233^rd largest bank in the state of Illinois. It is also the 3,369^th largest bank in the nation. It was established in 1908 and as of December of 2024, it had grown to 47 employees at 3 locations. Waterman Bank has an A+ health rating.

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Health

A+

Data as of Q4 2024

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Health Grade Components

Overall
FDIC Certificate #	10878
Year Established	1908
Employees	47
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.73%
Return on Equity - YTD	4.69%
Annual Interest Income	$11.1MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$155.4MM$143.2MM
Loans	Q4 2024vs Q4 2023	$103.6MM$95.5MM
Deposits	Q4 2024vs Q4 2023	$128.1MM$117.8MM
Equity Capital	Q4 2024vs Q4 2023	$24.1MM$23MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$702K$502K
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$525K$1.6MM
Real Estate Owned	Q4 2024vs Q4 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 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

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 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

Rates for Waterman Bank are currently being reviewed.

Locations

Waterman Bank Locations
Waterman State Bank	244 W Lincoln Hwy	Waterman, IL 60556
Waterman Bank Branch	1747 W. North Avenue	Chicago, IL 60622

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