Winchester Savings Bank


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

Winchester Savings Bank is headquartered in WINCHESTER and is the 57th largest bank in the state of Massachusetts. It is also the 1,165th largest bank in the nation. It was established in 1871 and as of June of 2024, it had grown to 71 employees at 5 locations. Winchester Savings Bank's savings rates are 6X the national average, and it has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #90308
Year Established1871
Employees71
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.07%
Return on Equity - YTD0.76%
Annual Interest Income$18.6MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$852.4MM$746.9MM
LoansQ2 2024vs Q2 2023$682.2MM$596.6MM
DepositsQ2 2024vs Q2 2023$637.4MM$578.2MM
Equity CapitalQ2 2024vs Q2 2023$79.4MM$72.9MM
Loan Loss AllowanceQ2 2024vs Q2 2023$3.5MM$5.5MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$1.4MM$1.3MM
Real Estate OwnedQ2 2024vs Q2 2023$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
3.29%$10-Variable Rate Retirement
3.29%*$25k*-High Yield Savings
OTHER TIERS: 0.50% $10 - $25k
3.29%*$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
0.10%$10-Vacation Club Account
0.10%$10-Holiday Club Account

Winchester Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.50%$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%$10-50+ Advantage
0.01%$10-Easy Interest Checking

Winchester Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.01%$10-5 Month Certificate
4.01%$10-Business 5 Month Certificate
3.75%$10-11 Month Certificate
3.75%$10-Business 11 Month Certificate
3.50%$10-18 Month Certificate
3.50%$10-Business 18 Month Certificate
2.52%$10-2 Year Certificate
2.52%$10-Business 2 Year Certificate
0.80%$10-5 Year Certificate
0.80%$10-Business 5 Year Certificate
0.75%$10-4 Year Certificate
0.75%$10-Business 4 Year Certificate
0.70%$10-3 Year Certificate
0.70%$10-Business 3 Year Certificate
0.60%$10-182 Day Certificate
0.60%$10-Business 182 Day Certificate
0.50%$10-15 Month Certificate
0.50%$10-9 Month Certificate
0.50%$10-Business 9 Month Certificate
0.50%$10-Business 15 Month Certificate
0.45%$10-1 Year Certificate
0.45%$10-Business 1 Year Certificate
0.30%$10-91 Day Certificate
0.30%$10-Business 91 Day Certificate

Winchester Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.01%$10-5 Month IRA
3.75%$10-11 Month IRA
3.50%$10-18 Month IRA
2.52%$10-2 Year IRA
0.80%$10-5 Year IRA
0.75%$10-4 Year IRA
0.70%$10-3 Year IRA
0.60%$10-182 Day IRA
0.50%$10-15 Month IRA
0.50%$10-9 Month 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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