Bank · FDIC insured
Waterman Bank Savings Rates
Waterman Bank’s best savings rate is 3.82% APY on $10,000, with its Money Market. Rates checked October 16, 2026.
How Waterman Bank’s savings rates compare
Compared with banks and credit unions near Chicago, IL-IN, where Waterman Bank has the most branches. $10,000, best rate first.
This bank’s best
Waterman Bank
3.82%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $382
Money Market
Top rate
Justice Federal Credit Union
4.00%APY
- Requires
- Monthly account activity
- Minimum
- $0
- Earns on $10,000 a year
- $400
2nd-highest rate
United Trust Bank
3.90%APY
- Requires
- None
- Minimum
- $10,000
- Earns on $10,000 a year
- $390
Waterman Bank savings score
98
Savings score
Higher than 99% of U.S. banks and credit unions
- $1,000 balance$1,0003.82%
- $10,000 balance$10,0003.82%
- $100,000 balance$100,0003.82%
- QualifiedQualified3.82%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Waterman Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Money Market
3.82%APY
Limited to $1,000,000.00 per account type per household or controlled entity.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500APY is paid on the entire balance. | 0.00% | — | APY is paid on the entire balance. |
| $2,500 and upAPY is paid on the entire balance. | 3.82% | $382 | APY is paid on the entire balance. |
High-Yield Savings
3.82%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Over $0 | 3.82% | $382 |
Sources (2)
All captured Sep 17, 2026
Special-purpose accounts
Kids Savings
3.82%APY
Must be titled as joint tenants with rights of survivorship. Primary account owner must be under the age of 18.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Over $0 | 3.82% | $382 |
Sources (1)
- watermanbank.com/current-rates · captured Sep 17, 2026
Christmas Club
0.25%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Over $0 | 0.25% | $25 |
Sources (1)
- watermanbank.com/current-rates · captured Sep 17, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.