|
iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
 Waterman Bank Rates & Review March 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated: March 24, 2026
Waterman Bank's 6-Month Certificates of Deposit rates are at 3.82%, 12-Month Certificates of Deposit rates are at 3.25%, 18-Month Certificates of Deposit rates are at 2.25%, 24-Month Certificates of Deposit rates are at 1.25%, 30-Month Certificates of Deposit rates are at 1.11%. Waterman Bank's savings rates are at 3.82%. Waterman Bank's money market rates are at 3.82%. MonitorBankRates evaluates the financial stability of Waterman Bank with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 3.95%. Rates were last updated on 03/24/2026. Waterman Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Waterman Bank? Share your experience about Waterman Bank by leaving a review below, or read customer reviews before you decide to use Waterman Bank. 
Waterman Bank CD Rates
Waterman Bank Savings Rates
Waterman Bank Money Market Rates
Waterman Bank Checking Rates
Methodology & Data SourcesMonitorBankRates Star Rating: Our rating for Waterman Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions. Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health. Rate Data Aggregation: We gather Waterman Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Waterman Bank's official website for the most current offers and terms.
Bank Profile & Overview
Institution Name
Waterman Bank
Bank Holding Company
WATERMAN ACQUISITION GROUP LLC
Address
248 W Lincoln Hwy,
Waterman, IL 60556 · Dekalb
Website
https://www.watermanbank.com
FDIC Certificate #
10878
Established
08/25/1908
FDIC Insurance Date
01/01/1934
Domestic Offices
3
Total Branches
3
Regulator
FDIC
FDIC Insured
✓ Yes — Up to $250,000
Financial Health & AssetsA+
Overall Health Grade
Score: 98/100
5.0
Exceptional
Out of 5.0 Stars
3.95%
Texas Ratio
Nat'l avg: 5.85%
Return on Assets (ROA)
1.0505%
Return on Equity (ROE)
7.2400%
Non-Performing Loans (NPL)
0.53%
Total Assets
$166,871,000
Total Deposits
$138,121,000
Equity Capital
$25,393,000
Net Income
$811,000
Headquarters
Waterman
Total Offices
3
Source: FDIC | Last Updated 12/31/2025
Frequently Asked Questions About Waterman BankIs Waterman Bank a safe place to deposit money?Yes, Waterman Bank is considered a safe financial institution. With a Texas Ratio of 3.9486541707382%, the institution's financial health is rated as excellent. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category. How many branches does Waterman Bank operate?Waterman Bank currently maintains approximately 3 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is there a first-time homebuyer program?Currently, Waterman Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, Waterman Bank provides members with tools to manage their accounts and build a solid financial history. Does Waterman Bank offer online and mobile banking?Most modern institutions like Waterman Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.watermanbank.com. Current Waterman Bank Rates
Retrieved from our database of financial products. Rates subject to change.
Compare to Other Banks
Hoosier Heartland State Bank
Green Belt Bank & Trust
AAA Federal Savings Bank
Great Rivers Bank
First Bank Kansas
Fidelity
Commercial Bank (CBTN)
Jackson Federal S&L
First State Bank of the Florida Keys
Security State Bank Springville, IA
RVR Bank
Community State Bank Shelbina, MO
First Bank of Beloit
Maries County Bank
Movement Bank
Foundation One Bank
St. Clair County State Bank
Community Bank of Oklahoma
Liberty Bank and Trust Company
FNB in Cimarron
CNB of Hammond
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
