Wayne Bank

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written by Ken Tumin
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Banks and credit unions are battling it out for deposits...\r\nSee More\r\n

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Banks and credit unions are battling it out for deposits. Competition among financial institutions provides investors a broad menu of choices when it comes to certificates of deposit (CDs). We track daily rates from thousands of institutions to help you compare the best CD rates and find the best deal on your next CD. This table compares CDs of all maturities, making it easy to find the highest CD rate regardless of term. The highest rate CD often doesn’t have the longest term.

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Banks and credit unions are battling it out for deposits. Competition among financial institutions provides investors a broad menu of choices when it comes to certificates of deposit (CDs). We track daily rates from thousands of institutions to help you compare the best CD rates and find the best deal on your next CD. This table compares CDs of all maturities, making it easy to find the highest CD rate regardless of term. The highest rate CD often doesn’t have the longest term.

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written by Ken Tumin
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Interest rates on savings accounts vary greatly, which means you need to shop around to find your best rate available. It’s possible to find rates over 5.25%, while the average savings account rate stands at around 0.48% (as of November 2023). This is why we check rates daily at more than 5,000 U.S. banks and credit unions, to make it easy for you to gain the best possible return on your savings. The savings account table below allows you to compare savings account rates offered by financial institutions such as online banks, credit unions, community banks and the big nationwide banks.

\r\n","StateBlurb":"Compare rates on personal savings accounts in [state]. We check both the national banks and local banks in [state] every day to provide you with the most current savings account rates available in your area. If there is a local bank you would like to see listed here, let us know and we'll do our best to add it.","Active":true,"MinAmount":0.0000,"MaxAmount":24999.9900,"MinTerm":0,"MaxTerm":0,"AdditionalProducts":"","Tags":"-business,-health,-edu,-youth,-club,-retirement,-reward,-misc,-relationship","PageTitle":"High Yield Savings Accounts – Daily Rates | DepositAccounts","StatePageTitle":"[state] Savings Account Rates","DefaultAmount":25000.0000,"Meta":"Compare savings accounts from banks and credit unions across the country and see who's currently offering the best savings account rates.","StateMeta":"","Article":"","ShortName":"Savings","IsSectionIdNull":false,"IsNameNull":false,"IsInformaCodeNull":false,"IsUrlNull":false,"IsBlurbNull":false,"IsStateBlurbNull":false,"IsActiveNull":false,"IsMinAmountNull":false,"IsMaxAmountNull":false,"IsMinTermNull":false,"IsMaxTermNull":false,"IsAdditionalProductsNull":false,"IsTagsNull":false,"IsPageTitleNull":false,"IsStatePageTitleNull":false,"IsDefaultAmountNull":false,"IsMetaNull":false,"IsStateMetaNull":false,"IsArticleNull":false,"IsShortNameNull":false,"FullUrl":"/savings/","TagArray":[],"NegativeTagArray":["business","health","edu","youth","club","retirement","reward","misc","relationship"]},"Ad":null,"NationalRate":0.4928,"Score":50.0},{"Account":{"CharterType":"","CharterDmas":"","CharterAffiliations":"","AdCopy":"","TrackingPixel":"","Tags":"","EstimatedEpc":0.0,"PromoText":"","BlendedApy":false,"EstimatedEarnings":0.0,"DisplayName":"Rewards Checking","ProductGroupId":0,"ProductGroupName":"","BankId":5961,"SectionId":3,"Id":294087,"BankUrl":"wayne-bank.html","ProductName":"Rewards Checking","BankName":"Wayne Bank","Apy":0.1,"RewardRate":0.0,"MinAmount":0.0,"MaxAmount":999999999.0,"ClickUrl":"","LastUpdated":"2023-12-06T00:16:43.6","InstitutionType":"NM","Term":0,"MaxTerm":0,"States":"NY,PA","OnlineStates":"","OtherAccounts":null,"TierGroups":[{"DisplayName":"Deposit Rate","Tiers":[{"Apy":0.1,"Min":0.0,"Id":452156,"Max":999999999.0}],"Id":58391,"Tags":"","TierType":"deposit"}],"HqRates":false,"Ewp":0,"Variants":"","ReviewCount":1,"HasLogo":true,"FederallyInsured":true,"CuOpenStates":"","DmaCodes":",501,502,526,538,577,","Locations":29,"HasSelectedTier":false},"ComparisonAccount":null,"Product":{"Id":13,"SectionId":3,"Name":"Standard Checking Accounts","InformaCode":"DP01001","Url":"","Blurb":"
written by Ken Tumin | Updated on September 21, 2022
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Checking accounts are a dime a dozen. Banking institutions offer checking accounts with branding such as Gold, Silver, Green, High Interest, Free, Student, Sports Teams, etc. The vast majority of Americans have, at some point, opened a checking account at one of the 14,000+ banking institutions across the country. The abundance of choices represents bonus features that accompany the primary purpose of checking: to provide security for cash and easy access to funds when needed to complete a transaction.

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But which do you choose? Compare personal checking accounts from banks and credit unions. Below, you’ll also find some of the history, features and benefits of checking accounts.

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written by Ken Tumin | Updated on September 21, 2022
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A money market account (MMA) has a unique set of features that makes it a hybrid of a savings account and a checking account. Money market accounts offer high interest rates, and also easy access to your money.

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The money market accounts listed in the table below are sorted according to rates, from highest to lowest. This table lets you compare money market accounts from banks and credit unions — use the filter box to customize your results. Read on to learn more about the history, distinct features and benefits of these accounts.

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Overview / Commentary
800-598-5002
717 Main Street
Honesdale, PA 18431

Wayne Bank is headquartered in HONESDALE and is the 25th largest bank in the state of Pennsylvania. It is also the 536th largest bank in the nation. It was established in 1871 and as of June of 2023, it had grown to 267 employees at 29 locations. Wayne Bank's money market rates are 2X the national average, and it has a B+ health rating.

Reviews (1)

Bad Situation FIXED

Mr. Joe Castrovani a manager at Wayne Bank, Honesdale is an extremely professional and kind man. I have been a customer with Wayne Bank for years and recently had a problem with my checking account. He fixed everything so quickly I was amazed. I would recommend this branch to anyone.
Great business with an ever better Manager....THANK YOU JOE ??



Health
B+

Health Grade Components

Overall
FDIC Certificate #698
Year Established1871
Employees267
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.19%
Return on Equity - YTD14.68%
Annual Interest Income$44.9MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$2.14B$2.07B
LoansQ2 2023vs Q2 2022$1.56B$1.39B
DepositsQ2 2023vs Q2 2022$1.73B$1.80B
Equity CapitalQ2 2023vs Q2 2022$173.3MM$170.5MM
Loan Loss AllowanceQ2 2023vs Q2 2022$17.5MM$17.0MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$3.2MM$5.1MM
Real Estate OwnedQ2 2023vs Q2 2022$388.00K$346.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Wayne Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Wayne Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$50-Statement Savings Account
0.05%--All Purpose Club (Vacation)
0.05%--Holiday Club

Wayne Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%$2.5k-Premium Money Market W/Checking
1.00%*$1m*-Investor Account
OTHER TIERS: 0.10% $5k - $25k | 0.25% $25k - $50k | 0.30% $50k - $100k | 0.40% $100k - $250k | 0.50% $250k - $500k | 0.60% $500k - $1m
0.10%$2.5k-Money Market Deposit Account

Wayne Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Rewards Checking

Wayne Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$25k$250k7 Month CD Promotion (In-Branch)
5.00%$25k$50k7 Month CD Promotion (Online)
5.00%$500$250k7 Month CD Promotion w/Direct Deposit(In-Branch)
5.00%$500$50k7 Month CD Promotion w/Direct Deposit(Online)
4.75%--Your Money – Your Way CD Special
0.80%--48 - 59 Month CD
0.80%--48 - 59 Month BumpUp CD
0.70%--36 - 47 Month CD
0.70%--36 - 47 Month BumpUp CD
0.60%--24 -35 Month CD
0.55%--12 - 23 Month CD
0.50%--24 Month Add-On (Building Block) CD
0.45%--182 - 364 Day CD
0.40%--91 - 181 Day CD
0.30%--32 - 90 Day CD

Wayne Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%--48 - 59 Month IRA
0.80%--48 - 59 Month BumpUp IRA
0.70%--36 - 47 Month IRA
0.70%--36 - 47 Month BumpUp IRA
0.60%--24 - 35 Month IRA
0.55%--12 - 23 Month IRA
0.50%--24 Month Add-On (Building Block) IRA
0.45%--182 - 364 Day IRA
0.40%--91 - 181 Day IRA
0.30%--32 - 90 Day IRA
Locations

Availability



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.