Winchester Savings Bank


Overview / Commentary
781-729-2130
661 Main Street
Winchester, MA 01890

Winchester Savings Bank is headquartered in WINCHESTER and is the 63rd largest bank in the state of Massachusetts. It is also the 1,280th largest bank in the nation. It was established in 1871 and as of March of 2023, it had grown to 75 employees at 4 locations. Winchester Savings Bank's savings rates are 7X the national average, and it has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #90308
Year Established1871
Employees75
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.22%
Return on Equity - YTD2.09%
Annual Interest Income$6.6MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$721.2MM$647.6MM
LoansQ1 2023vs Q1 2022$569.8MM$469.8MM
DepositsQ1 2023vs Q1 2022$564.0MM$567.6MM
Equity CapitalQ1 2023vs Q1 2022$73.0MM$70.7MM
Loan Loss AllowanceQ1 2023vs Q1 2022$5.2MM$4.1MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$1.3MM$1.8MM
Real Estate OwnedQ1 2023vs Q1 2022$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Winchester Savings 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.

Winchester Savings Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.59%*$25k*-High Yield Savings
OTHER TIERS: 0.50% $10 - $25k
3.59%*$25k*-Business High Yield Savings
OTHER TIERS: 0.50% $10 - $25k
0.60%*$500k*-Business Statement Savings
OTHER TIERS: 0.10% $10 - $50k | 0.25% $50k - $250k | 0.40% $250k - $500k
0.50%*$500k*-Statement Savings
OTHER TIERS: 0.10% $10 - $50k | 0.20% $50k - $250k | 0.30% $250k - $500k
0.30%$10-Variable Rate Retirement
0.10%$10-Vacation Club Account
0.10%$10-Holiday Club Account

Winchester Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.50%$10-Business Money Market Account
1.50%*$250k*-Money Market Account
OTHER TIERS: 0.20% $10 - $50k | 1.25% $50k - $250k

Winchester Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$10-IOLTA Checking
0.05%*$1.5k*-Premier Interest
OTHER TIERS: 0.01% $10 - $1.5k
0.01%$10-Business Interest Checking
0.01%$10-Interest Checking
0.01%$10-50+ Advantage

Winchester Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.79%$10-9 Month CD
4.69%$10-182 Day CD
4.59%$10-13 Month CD
0.80%$10-5 Year CD
0.75%$10-4 Year CD
0.70%$10-3 Year CD
0.60%$10-18 Month CD
0.60%$10-2 Year CD
0.45%$10-1 Year CD
0.30%$10-91 Day CD

Winchester Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.79%$10-9 Month IRA
4.69%$10-182 Day IRA
4.59%$10-13 Month IRA
0.80%$10-5 Year IRA
0.75%$10-4 Year IRA
0.70%$10-3 Year IRA
0.60%$10-18 Month IRA
0.60%$10-2 Year IRA
0.45%$10-1 Year IRA
0.30%$10-91 Day IRA
Locations


Winchester Savings Bank Locations
Arlington Branch188 Medford StreetArlington, MA 02474
Woburn Branch344 Cambridge RoadWoburn, MA 01801
Hammond Square Branch573 Main StreetWoburn, MA 01801
Winchester Savings Bank661 Main StWinchester, MA 01890

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