Watertown Savings Bank (MA)

TODAY'S FEATURED RATES

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: 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

3.50%

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

4.44%

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.watertownsavings.com

617-928-9000

60 Main Street
Watertown, MA 02472

Watertown Savings Bank (MA) is headquartered in WATERTOWN and is the 42^nd largest bank in the state of Massachusetts. It is also the 746^th largest bank in the nation. It was established in 1870 and as of March of 2025, it had grown to 104 employees at 10 locations. Watertown Savings Bank (MA)'s money market rates are 6X the national average, and it boasts an A+ health rating.

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Health

A+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	23298
Year Established	1870
Employees	104
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.55%
Return on Equity - YTD	5.46%
Annual Interest Income	$13.5MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$1.5B$1.43B
Loans	Q1 2025vs Q1 2024	$622.8MM$616.1MM
Deposits	Q1 2025vs Q1 2024	$1.33B$1.26B
Equity Capital	Q1 2025vs Q1 2024	$153.6MM$139.7MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$1.9MM$1.9MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$442K$0
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

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

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

4.44%

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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Savings
Money Market
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.

Watertown Savings Bank (MA) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%^*	$25k^*	-	Presidential Savings
OTHER TIERS: 0.05% → $50 - $25k
0.10%^*	$25k^*	-	Pinnacle Savings
OTHER TIERS: 0.05% → $50 - $25k
0.05%	$50	-	Access Savings Account
0.05%	$50	-	Passbook Savings Account
0.05%	$50	-	Presidential Business Savings
0.05%	$50	-	Security Deposit Trust Account
0.05%	$50	-	Business Security Deposit Trust

Watertown Savings Bank (MA) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%^*	$300k^*	-	Premier Money Market - 50% New Money
OTHER TIERS: 0.05% → $50 - $25k \| 1.50% → $25k - $100k \| 2.00% → $100k - $300k
0.10%^*	$25k^*	-	Money Market Account
OTHER TIERS: 0.05% → $50 - $25k
0.05%	$50	-	Business Money Market

Watertown Savings Bank (MA) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%	$50	-	Pinnacle Checking
0.02%	$50	-	Senior Checking
0.02%	$50	-	Plus Checking

Watertown Savings Bank (MA) CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%	$1k	-	4 Month Short Term CD Special w/ Checking
3.80%	$1k	-	7 Month Short Term CD Special w/ Checking
3.25%	$1k	-	13 Month Medium Term CD Special w/ Checking
2.00%	$1k	-	47 Month Long Term CD Special w/ Checking
0.20%	$1k	-	3 Year CD
0.20%	$1k	-	4 Year CD
0.20%	$1k	-	5 Year CD
0.20%	$1k	-	6 Year CD
0.10%	$1k	-	3 Month CD
0.10%	$1k	-	6 Month CD
0.10%	$1k	-	9 Month CD
0.10%	$1k	-	11 Month CD
0.10%	$1k	-	12 Month CD
0.10%	$1k	-	15 Month CD
0.10%	$1k	-	18 Month CD
0.10%	$1k	-	24 Month CD
0.10%	$1k	-	30 Month CD
0.10%	$50k	-	Business 3 Month CD
0.10%	$10k	-	Business 6 Month CD
0.10%	$10k	-	Business 12 Month CD

Watertown Savings Bank (MA) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
4.00%	$1k	-	4 Month Short Term IRA Special w/ Checking
3.80%	$1k	-	7 Month Short Term IRA Special w/ Checking
3.25%	$1k	-	13 Month Medium Term IRA Special w/ Checking
2.00%	$1k	-	47 Month Long Term IRA Special w/ Checking
0.20%	$1k	-	3 Year IRA
0.20%	$1k	-	4 Year IRA
0.20%	$1k	-	5 Year IRA
0.20%	$1k	-	6 Year IRA
0.10%	$1k	-	6 Month IRA
0.10%	$1k	-	9 Month IRA
0.10%	$1k	-	11 Month IRA
0.10%	$1k	-	12 Month IRA
0.10%	$1k	-	15 Month IRA
0.10%	$1k	-	18 Month IRA
0.10%	$1k	-	24 Month IRA
0.10%	$1k	-	30 Month IRA
0.10%^*	$25k^*	-	IRA Savings Accounts
OTHER TIERS: 0.05% → $50 - $25k

Locations

Cities: Arlington, Belmont, Lexington, Waltham, Watertown

Arlington Branches
Arlington Branch	980 Massachusetts Avenue	Arlington, MA 02476

Belmont Branches
Waverly Square Branch	30 Church Street	Belmont, MA 02478

Lexington Branches
Lexington Branch	1075 Waltham Street	Lexington, MA 02421

Waltham Branches
Waltham Branch	6 Lexington Street	Waltham, MA 02451
Market Street Branch	25 Market Place Drive	Waltham, MA 02451

Watertown Branches
East Watertown Branch	10 Bigelow Avenue	Watertown, MA 02472
Nonantum Branch	175 Watertown Street	Watertown, MA 02472
Watertown Square Drive Up Branch	45 Church Street	Watertown, MA 02472
Watertown Savings Bank	60 Main St	Watertown, MA 02472
Warrendale Branch	739 Main Street	Watertown, MA 02472

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