Your Local Mutual Savings Bank

Founded as a mutual savings bank in 1870, Watertown Savings Bank has no shareholders, stock or outside investors. As a result, we cannot be bought or sold. WSB will remain a mutual savings bank, which allows the freedom to focus on our customers, employees, and communities that we serve.

150 years ago our founders envisioned a secure financial institution to fulfill the needs of local communities. Today, Watertown Savings Bank continues in that tradition. Watertown Savings Bank provides FDIC and Depositors Insurance Fund (DIF) protection so that our customers’ deposits are insured in full.

Watertown Savings Bank maintains close ties to local communities by involving community leaders and local businesspeople as Trustees and Corporators. They serve as a bridge between the community and the Bank. They are advocates of the Bank to local residents as well as the Bank’s “eyes and ears” to the needs of our communities. 

While these are unprecedented times that bring about a “new normal”, we want to assure you that you can count on us to remain a trustworthy, reliable local, mutual savings bank that supports its customers, gives back to local communities, and engages with local businesses. 

Learn more about Watertown Savings Bank

Our Story
Customer Choice Awards: Giving back to our customers’ favorite local nonprofits
All the ways to bank with WSB