APY = Annual Percentage Yield. APR = Annual Percentage Rate. Rates effective as of {{ dynamic-date }}. Variable account rates may change after account is opened. All of our rates are subject to change without notice. The stated rates and APY are accurate as of the above effective date. Account fees may reduce earnings. Please request further information from our staff concerning the fees and terms applicable to advertised accounts.

Deposit Rates | Loan Rates

Deposit Rates

Business Money Market Account Learn More

Balance Minimum to Open Interest Rate APY
$10 or more $10 3.87% 4.00%

Business Rewards Checking Back to Top Learn More

Balance Minimum to Open Interest Rate APY
$0 - $10,000 $10 0.20% 0.20%
Over $10,000 $10 0.10% 0.20% - 0.10%
All balances if qualifications are not met $10 0.01% 0.01%

Per Qualification Cycle for Business Rewards Checking: Have at least 12 debit card purchases post and clear, receive free eStatements, and access online banking

Interest Business Checking Back to Top Learn More

Balance Minimum to Open Interest Rate APY
$10 - $24,999.99 $10 0.10% 0.10%
$25,000 - $49,999.99 $10 0.10% 0.10%
$50,000 - $99,999.99 $10 0.15% 0.15%
$100,000 or more $10 0.15% 0.15%

You must maintain a minimum balance of $10.00 in an account to earn the stated APY.

Interest Rewards Checking Back to Top Learn More

Balance Minimum to Open Interest Rate APY
$0 - $10,000.00 $10 0.20% 0.20%
$10,000.01 - $20,000.00 $10 0.10% 0.20% - 0.10%
Over $20,000 $10 0.10% 0.15% - 0.10%
All balances if qualifications are not met $10 0.01% 0.01%

Per Qualification Cycle For Interest Rewards Checking: Have at least 12 debit card purchases post and clear, receive free eStatements, and make at least one ACH transaction (deposit or withdrawal).

Savings Back to Top Learn More

Type Minimum Balance to avoid Service Charge Minimum to Open Minimum to Earn Interest Interest Rate APY
Rewards Savings $0 $10 $0 0.10% 0.10%
Passbook Savings $50 $50 $10 0.05% 0.05%
Statement Savings $50 $50 $10 0.05% 0.05%
Vacation Club $0 $10 $10 0.05% 0.05%
Christmas Club $0 $10 $10 0.10% 0.10%
Prize Savings $0 $1 $0 0.05% 0.05%

Saver Rewards requires a checking account with eStatements.

Prize Savings is an eStatement account

Passbook Savings and Statement Savings Each month you will be assessed a service charge of $3.00. You may avoid this charge if you maintain, each day during the monthly cycle, a daily balance of at least $50.00:

Money Market Back to Top Learn More

Balance Interest Rate APY
$10 - $24,999.99 0.05% 0.05%
$25,000 - $49,999.99 0.10% 0.10%
$50,000 - $99,999.99 0.10% 0.10%
$100,000 or more 0.15% 0.15%

You must maintain a minimum daily balance of $10.00 to obtain the disclosed annual percentage yield. You must deposit $2500.00 to open this account. Each month you will be assessed a service charge of $10.00. You may avoid this charge if you maintain, each day during the monthly cycle, a daily balance of at least $2500.00.

IRA Money Market Back to Top Learn More

Balance Minimum to Open Interest Rate APY
$10 - $24,999.99 $10 0.05% 0.05%
$25,000 - $49,999.99 $10 0.10% 0.10%
$50,000 - $99,999.99 $10 0.10% 0.10%
$100,000 or more $10 0.15% 0.15%

You must maintain a minimum daily balance of $10.00 to obtain the disclosed annual percentage yield. You must deposit $2500.00 to open this account. Each month you will be assessed a service charge of $10.00. You may avoid this charge if you maintain, each day during the monthly cycle, a daily balance of at least $2500.00.

Certificates of Deposit (CDs) Back to Top Learn More

Term Minimum to Open Interest Rate APY
91 Day Certificate $500 4.43% 4.50%
6 Month Certificate $500 4.21% 4.25%
7 Month Certificate $500 3.96% 4.10%
10 Month Certificate $500 0.30% 0.30%
12 Month Certificate $500 0.25% 0.25%
15 Month Certificate $500 1.95% 2.00%
18 Month Certificate $500 2.20% 2.25%
24 Month Certificate $500 0.39% 0.40%
26 Month BUMP CD Special1 (bump to higher rate once during term) $500 0.49% 0.50%
30 Month Certificate $500 0.49% 0.50%
36 Month Certificate $500 0.54% 0.55%
49 Month Certificate $500 0.64% 0.65%
60 Month Certificate $500 0.74% 0.75%

A penalty may be assessed for funds withdrawn prior to maturity on all certificates of deposits.

Once a certificate of deposit account is opened, it maintains the opening rate for the length of its term.

You must maintain a minimum balance of $10.00 in an account to earn the stated APY.

1 The 26-month Certificate of Deposit is available as of May 1st 2019 and will renew as a 24-month Certificate of Deposit at the current APY. For the 26-month term only, if the bank offers a higher APY for the same term Certificate during the initial term of your CD Bump Rate Special, customer must contact the bank and request to bump (increase) the APY for the certificate through the remainder of the initial term.

IRA CDs Back to Top Learn More

Term Minimum to Open Interest Rate APY
12 Month Certificate IRA $500 0.25% 0.25%
18 Month Certificate IRA $500 2.00% 2.25%
24 Month Certificate IRA $500 0.39% 0.40%
36 Month Certificate IRA $500 0.54% 0.55%
48 Month Certificate IRA $500 0.64% 0.65%
60 Month Certificate IRA $500 0.74% 0.75%

A penalty may be assessed for funds withdrawn prior to maturity on all certificates of deposits.

Once a certificate of deposit account is opened, it maintains the opening rate for the length of its term.

Loan Rates

New Auto Loans Learn More

Term APR Payment per $1,000
5 Years 7.500% $20.04
with auto pay 7.250% $19.92
  • Borrowing limits between $1,000 and $50,000
  • Borrowing term limits between 1 and 5 years
  • Maximum Loan 95% of NADA/Kelly blue book retail value
  • A new automobile is defined as a Model Year 2022 or 2023 vehicle with less than 15,000 miles

Used Auto Loans Back to Top Learn More

Term APR Payment per $1,000
4 Years 8.500% $24.65
with auto pay 8.250% $24.53
  • Borrowing limits between $1,000 and $30,000
  • Borrowing term limits between 1 and 4 years
  • Maximum Loan 90% of NADA/Kelly blue book retail value
  • A used automobile is defined as a Model Year 2018 or newer vehicle with less than 100,000 miles

Personal Loans Back to Top Learn More

Term Interest Rate APR Payment Per $1,000
5 Year** 15.50% 15.50% 24.05
5 Year with Auto Pay** 15.25% 15.25% 23.92
3 Year*** 15.50% 15.50% 34.91
3 year with Auto Pay*** 15.25% 15.25% 34.79

**5 year term available only to existing customers with an account relationship of one year or more.
***3 year term available to existing customers or new customers.

Minimum Loan: $1,000
Maximum Loan: $5,000 for existing customers. $3,000 for new customers.
New customer is defined as a depositor/borrower with an account relationship of one year or less.

Home Equity Line of Credit (HELOC) Back to Top Learn More

Type Maximum LTV Minimum Line Interest Rate Terms
Initial rate for the first 12 months 7.74%, Adjustable to prime thereafter maximum adjustment over the life of the loan will be 9.99% with a floor rate of 4.50% 80% $10,000 7.74% 10 year draw/10 year repayment
  • Maximum Line: $250,000
  • Maximum APR 9.99%
  • Floor Rate of 4.50%
  • Closing costs paid by Bank
  • Rate may change after consummation
  • Appraisal required on all requests of $100,000 or more, or if the in-house value does not support the amount requested
  • Home owners insurance required
  • $40.00 Assess Maintenance Fee

Special HELOC with existing WSB 1st Mortgage Back to Top Learn More

Type Maximum LTV Minimum Line Interest Rate Terms
Initial rate for the first 6 months 6.49%, Adjustable to prime thereafter maximum adjustment over the life of the loan will be 9.99% with a floor rate of 4.50% 80% $10,000 6.49% 10 year draw/ 10 year repayment
  • For existing Washington Savings Bank mortgage holders
  • Maximum Line: $250,000
  • Maximum APR 9.99%
  • Floor Rate of 4.50%
  • Closing costs paid by Bank
  • Rate may change after consummation
  • Appraisal required on all requests of $100,000 or more, or if the in-house value does not support the amount requested
  • Home owners insurance required
  • $40.00 Assess Maintenance Fee

Home Equity Loans Back to Top Learn More

Term Interest Rate APR Payment per $1,000
5 Years 6.500% 6.500% $19.57
5 Years with Auto Pay 6.375% 6.375% $19.51
10 Years 6.750% 6.750% $11.48
10 Years with Auto Pay 6.625% 6.625% $11.42
15 Years 7.250% 7.250% $9.13
15 Years with Auto Pay 7.125% 7.125% $9.06
20 Years 7.750% 7.750% $8.21
20 Years with Auto Pay 7.625% 7.625% $8.13
  • Minimum Loan: $10,000
  • Maximum Loan: $250,000
  • Maximum LTV 80%
  • Closing costs paid by Bank
  • Appraisal required on all requests of $100,000 or more, or if the in-house value does not support the amount requested
  • Interest rate discounted with payments automatically withdrawn from Washington Savings Bank checking or savings account
  • Home owners insurance required
  • 2nd position liens only

Special HELOAN with existing WSB 1st Mortage Back to Top Learn More

Term Interest Rate APR Payment per $1,000
5 Year 6.250% 6.250% $19.45
5 Years with Auto Pay 6.000% 6.000% $19.33
10 Years 6.625% 6.625% $11.42
10 Years with Auto Pay 6.375% 6.375% $11.29
  • For existing Washington Savings Bank Mortgage holders
  • Minimum Loan: $10,000
  • Maximum Loan: $250,000
  • Maximum LTV 80%
  • Closing costs paid by Bank.
  • Appraisal required on all requests of $100,000 or more, or if the in-house value does not support the amount requested.
  • Interest rate discounted with payments automatically withdrawn from Washington Savings Bank checking or savings account.
  • Home owners insurance required
  • 2nd position liens only