Washington Savings Bank (Effingham, IL)

Bank · Effingham, United States · overall 5.4 / 10

How this 5.4 is built

Average of 6 scored needs: 5.4. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

Washington Savings Bank is recorded in the global register as a bank in Effingham, United States. The register shows its licence as licensed. Total assets 0.59 bn USD. It reports 4 offices. Established 1883. Collected from open registers.

Legal name: Washington Savings Bank
Licence confirmed: yes, on a regulator's own list
Established: 1883
Website: www.washingtonsavings.net

Scores, 0 to 10

7.5Financial strength & stability

· source

6.0United States

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

5.5Cross-border payments, FX and multi-currency accounts

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Lowest fees

The bank's own page names the monthly account charge. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “A monthly service fee of $8.00 will be imposed each month if the minimum balance falls below $5,000.00. Account closing fee (within 90 days of opening) – $25.00. You may” · source

5.0Best interest on business balances

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Trade, manufacturing & import-export

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

4.5Fast digital onboarding

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.