Watertown Savings Bank is a bank based in Watertown, Massachusetts, established in 1870, with $1.4 billion in total assets across 10 branches. By Trust Grade it ranks 24th of 91 banks we track in Massachusetts. Its capital ratio of 11.5% is stronger than 71% of similarly sized banks, versus a Massachusetts median of 10.2%. It was profitable over the most recent period, with a 0.70% return on assets. No consumer complaints against Watertown Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Watertown Savings Bank compares to Massachusetts peers
How we graded Watertown Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.5% capital ratio)
- Profitable (ROA 0.70%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Watertown Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (10)
- 60 Main St, Watertown, MA 02472
- 739 Main St, Watertown, MA 02472
- 30 Church St, Belmont, MA 02478
- 10 Bigelow Ave, Watertown, MA 02472
- 175 Watertown St, Watertown, MA 02472
- 45 Church St, Watertown, MA 02472
- 6 Lexington St, Waltham, MA 02452
- 980 Massachusetts Ave, Arlington, MA 02476
- 1075 Waltham St, Lexington, MA 02421
- 25 Market Place Dr, Waltham, MA 02451
Are deposits at Watertown Savings Bank insured?
Yes. Watertown Savings Bank is an FDIC-insured bank (FDIC certificate #23298). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Watertown Savings Bank: frequently asked questions
Is Watertown Savings Bank a good bank?
Watertown Savings Bank earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (11.5% capital ratio); Profitable (ROA 0.70%).
Is Watertown Savings Bank FDIC-insured?
Yes. Watertown Savings Bank is a FDIC-insured bank (FDIC certificate #23298). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Watertown Savings Bank?
Watertown Savings Bank holds $1.4 billion in total assets, ranking 24th of 91 banks we track in Massachusetts. It operates 10 branches.
Does Watertown Savings Bank have CFPB complaints?
No CFPB complaints against Watertown Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
