What are the current interest rates at WaterStone Bank?

Current rates for WaterStone Bank include: MMA: 0.40%

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WaterStone Bank Rates & Review June 2026

Q: How many branches does WaterStone Bank operate?

WaterStone Bank currently maintains approximately 16 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, WaterStone 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.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, WaterStone Bank provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: June 16, 2026

WaterStone Bank's money market rates are at 0.40%. MonitorBankRates evaluates the financial stability of WaterStone Bank with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.42%. Rates were last updated on 06/16/2026.

WaterStone 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 WaterStone Bank? Share your experience about WaterStone Bank by leaving a review below, or read customer reviews before you decide to use WaterStone Bank.

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

1.42%

Excellent Lower than avg

WaterStone Bank, SSB

11200 W Plank Ct
Wauwatosa, WI 53226

https://www.wsbonline.com

WaterStone Bank Money Market Rates

Product	Rate	APY
Business Ultimate Money Market Account	-	2.75%
Min Deposit $5,000 Min Balance $250,000 Details APY is accurate as of 2/01/2023. APY in each tier is paid on the entire balance. $10.00 monthly fee if average daily balance falls below $5,000.00. Account must be open and active for 180 calendar days or a $30.00 closing fee will be assessed. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.42%
Ultimate Money Market	-	2.75%
Min Deposit $5,000 Min Balance $100,000 Details The APY in each tier is accurate as of 03/17/2025 and will be paid on the entire balance in the account. $10 minimum balance fee will be imposed monthly if the average daily balance for the statement cycle falls below $5,000.00. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. A statement cycle may be from the 17th of a month to the 16th of the next month. Fees may apply and could reduce earnings. Account must be open and active for 180 calendar days or a $30.00 closing fee will be assessed at account closing. Offer subject to change at any time. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.42%
Business Ultimate Money Market Account	-	2.50%
Min Deposit $5,000 Min Balance $100,000 Details APY is accurate as of 2/01/2023. APY in each tier is paid on the entire balance. $10.00 monthly fee if average daily balance falls below $5,000.00. Account must be open and active for 180 calendar days or a $30.00 closing fee will be assessed. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.42%
Ultimate Money Market	-	2.50%
Min Deposit $5,000 Min Balance $50,000 Details The APY in each tier is accurate as of 03/17/2025 and will be paid on the entire balance in the account. $10 minimum balance fee will be imposed monthly if the average daily balance for the statement cycle falls below $5,000.00. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. A statement cycle may be from the 17th of a month to the 16th of the next month. Fees may apply and could reduce earnings. Account must be open and active for 180 calendar days or a $30.00 closing fee will be assessed at account closing. Offer subject to change at any time. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.42%
Business Ultimate Money Market Account	-	2.25%
Min Deposit $5,000 Min Balance $50,000 Details APY is accurate as of 2/01/2023. APY in each tier is paid on the entire balance. $10.00 monthly fee if average daily balance falls below $5,000.00. Account must be open and active for 180 calendar days or a $30.00 closing fee will be assessed. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.42%
Business Ultimate Money Market Account	-	1.15%
Min Deposit $5,000 Min Balance $25,000 Details APY is accurate as of 2/01/2023. APY in each tier is paid on the entire balance. $10.00 monthly fee if average daily balance falls below $5,000.00. Account must be open and active for 180 calendar days or a $30.00 closing fee will be assessed. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.42%
Ultimate Money Market	-	1.15%
Min Deposit $5,000 Min Balance $25,000 Details The APY in each tier is accurate as of 03/17/2025 and will be paid on the entire balance in the account. $10 minimum balance fee will be imposed monthly if the average daily balance for the statement cycle falls below $5,000.00. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. A statement cycle may be from the 17th of a month to the 16th of the next month. Fees may apply and could reduce earnings. Account must be open and active for 180 calendar days or a $30.00 closing fee will be assessed at account closing. Offer subject to change at any time. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.42%
Business Ultimate Money Market Account	-	0.40%
Min Deposit $5,000 Min Balance $5,000 Details APY is accurate as of 2/01/2023. APY in each tier is paid on the entire balance. $10.00 monthly fee if average daily balance falls below $5,000.00. Account must be open and active for 180 calendar days or a $30.00 closing fee will be assessed. Last Updated 06/16/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 1.42%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for WaterStone 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 WaterStone 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 WaterStone Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name WaterStone Bank

Bank Holding Company WATERSTONE FINANCIAL INC

Address 11200 W Plank Ct, Wauwatosa, WI 53226 · Milwaukee

Website https://www.wsbonline.com

FDIC Certificate # 28513

Established 01/01/1921

FDIC Insurance Date 08/09/1989

Domestic Offices 16

Total Branches 16

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 99/100

5.0

Exceptional Out of 5.0 Stars

1.42%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 0.5669%

Return on Equity (ROE) 3.8300%

Non-Performing Loans (NPL) 0.18%

Total Assets $2,259,133,000

Total Deposits $1,476,199,000

Equity Capital $337,807,000

Net Income $26,174,000

Headquarters Wauwatosa

Total Branches and Offices 16

Source: FDIC | Last Updated 12/31/2025

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Frequently Asked Questions About WaterStone Bank

How many branches does WaterStone Bank operate?

WaterStone Bank currently maintains approximately 16 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, WaterStone 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, WaterStone Bank provides members with tools to manage their accounts and build a solid financial history.

Does WaterStone Bank offer online and mobile banking?

Most modern institutions like WaterStone 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.wsbonline.com.