Watertown Savings Bank (MA)

Overview | Eligibility Requirements | Receive alerts for this bank

LOCATIONS

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

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.3 / 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

4.41%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

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

Member FDIC

4.10%

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

4.45%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

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!

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 757^th largest bank in the nation. It was established in 1870 and as of December of 2024, it had grown to 102 employees at 10 locations. Watertown Savings Bank (MA) has an A health rating.

Reviews

Write a Review

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

Health

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	23298
Year Established	1870
Employees	102
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.33%
Return on Equity - YTD	3.36%
Annual Interest Income	$49.5MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$1.48B$1.42B
Loans	Q4 2024vs Q4 2023	$609.4MM$615.1MM
Deposits	Q4 2024vs Q4 2023	$1.31B$1.26B
Equity Capital	Q4 2024vs Q4 2023	$147.5MM$139.5MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$1.9MM$1.9MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$494K$341K
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

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

4.41%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

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

Member FDIC

4.10%

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

4.45%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

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 Watertown Savings Bank (MA) are currently being reviewed.

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

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.