Watertown Savings Bank is headquartered in WATERTOWN and is the 57th largest bank in the state of New York. It is also the 1,118th largest bank in the nation. It was established in 1894 and as of March of 2025, it had grown to 119 employees at 10 locations. Watertown Savings Bank's CD rates are 4X the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 15990 |
Year Established | 1894 |
Employees | 119 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.69% |
Return on Equity - YTD | 9.94% |
Annual Interest Income | $9.6MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $925.4MM$920.3MM |
Loans | Q1 2025vs Q1 2024 | $560.3MM$520.8MM |
Deposits | Q1 2025vs Q1 2024 | $760.2MM$774.2MM |
Equity Capital | Q1 2025vs Q1 2024 | $158.6MM$139.8MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $6MM$6MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $13.7MM$8.5MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $40K$172K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.10% | $100 | - | Savings | ||
0.10% | $100 | - | Christmas Club | ||
0.10% | $100 | - | Vacation Club | ||
0.10%* | $5k* | - | Health Savings Account | ||
OTHER TIERS: 0.05% → $100 - $5k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | $100 | - | MMDA |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.35% | $500 | - | 1 Year CD | |
1.53% | $500 | - | 18 Month CD | |
1.02% | $500 | - | 5 Year CD | |
0.97% | $500 | - | 4 Year CD | |
0.92% | $500 | - | 3 Year CD | |
0.87% | $500 | - | 2 Year CD | |
0.76% | $500 | - | 6 Month CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.35% | $500 | - | 1 Year IRA | |
1.53% | $500 | - | 18 Month IRA | |
1.02% | $500 | - | 5 Year IRA | |
0.97% | $500 | - | 4 Year IRA | |
0.92% | $500 | - | 3 Year IRA | |
0.87% | $500 | - | 2 Year IRA | |
0.76% | $500 | - | 6 Month IRA |
Adams Branches | ||
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Adams Branch | 10729 US Route 11 | Adams, NY 13605 |
Alexandria Bay Branches | ||
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Alexandria Bay Branch | 4 Market Street | Alexandria Bay, NY 13607 |
Chaumont Branches | ||
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Chaumont Branch | 12221 Nys Route 12e | Chaumont, NY 13622 |
Clayton Branches | ||
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Clayton James St Branch | 352 James Street | Clayton, NY 13624 |
Sackets Harbor Branches | ||
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Sackets Harbor Branch | 100 West Main Street | Sackets Harbor, NY 13685 |
Watertown Branches | ||
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Watertown Branch | 101 Commerce Park Dr | Watertown, NY 13601 |
Watertown Savings Bank | 111 Clinton St | Watertown, NY 13601 |
State Street Branch | 1816 State Street | Watertown, NY 13601 |
Wsb Municipal Bank Branch | 111 Clinton Street | Watertown, NY 13601 |
Clinton Street Branch | 140 Clinton Street | Watertown, NY 13601 |