Bank · FDIC insured
Watertown Savings Bank
A $1.4B bank headquartered in Watertown, MA, with 10 branches in Massachusetts. Best rates: savings 0.05% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: published rates need another account or activity, so they are not scored. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- CDs—4.00%Needs another account or monthly activityCD rates →
- Savings631.25%at $100,000Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Watertown Savings Bank
Watertown Savings Bank is a mutual savings bank headquartered in Watertown, Massachusetts, that has served the community since 1870.
- Headquarters
- 60 Main St, Watertown, MA 02472
- FDIC certificate
- 23298 ↗
Branches
10 branches in Massachusetts
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Massachusetts
10 branches
- Watertown Savings BankMain office60 Main St, Watertown, MA 02472Directions
- Arlington Branch980 Massachusetts Ave, Arlington, MA 02476Directions
- Waverly Square Branch30 Church St, Belmont, MA 02478Directions
- Lexington Branch1075 Waltham St, Lexington, MA 02421Directions
- Market Street Branch25 Market Place Dr, Waltham, MA 02451Directions
- Waltham Branch6 Lexington St, Waltham, MA 02452Directions
- East Watertown Branch10 Bigelow Ave, Watertown, MA 02472Directions
- Nonantum Branch175 Watertown St, Watertown, MA 02472Directions
- Warrendale Branch739 Main St, Watertown, MA 02472Directions
- Watertown Square Drive Up Branch45 Church St, Watertown, MA 02472Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 12.03% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.17% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 0.78% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $53 | $88 | — |
- CapitalLeverage ratio12.03%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.17%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets0.78%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$53Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Watertown Savings Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.