
Last updated on 2023-12-18
Decent yields for checking account
Conditions to qualify for higher APY reasonably easy to fulfill
Convenient online banking
ATM reimbursements
No monthly fee or minimum balance requirements
Only 2 physical branches based in Massachusetts
Account only for Massachusetts and New Hampshire residents
Tiered yields result in highest yield of 1.02% APY only for first $10k deposit
Lower APY if any of conditions not met
Free checking that pays high interest when monthly qualifications are met
Account only for customers who live in Massachusetts - Andover, Dracut, Chelmsford, Lowell, Methuen, Tewksbury, Tyngsborough Westford and New Hampshire - Hudson, Nashua, Pelham, Salem
$10 minimum deposit to open an account
No minimum balance to earn rewards
No monthly service fees
Unlimited check writing
Free Mastercard EMV debit card with ID Theft Monitoring
Free digital banking services
Interest Rate | |
---|---|
First $10k | 0.20% APY |
Next $10k | Up to 0.20% APY |
Above $20k | Up to 0.20% APY |
Receive up to 0.20% APY every month on the first $10,000 in your interest rewards checking account when you
1. Make at least 12 debit card purchases
2. Make at least 1 ACH transaction (deposit or withdrawal)
3. Be enrolled in and agree to receive eStatements
Highest possible yield is 0.20% APY with $10,000 deposit
Earn 0.05% APY for the month if any of the above qualifications aren't met
Earn nationwide ATM fee refunds up to $15/month when qualified
Click here to go to Washington Savings Bank website for more details
Washington Savings Bank is a community bank with 2 physical branches in Massachusetts. Online banking is available via app or website for all customers
Washington Savings Bank can be contacted via contact form on their website or phone support at (978) 458-7999
Washington Savings Bank is a member of FDIC which covers the aggregated deposits of a depositor to up to US$250,000