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WaterStone Bank Rates & Review November 2026

Q: What are the current interest rates at WaterStone Bank?

Current rates for WaterStone Bank include: 12-Month CD: 0.25%, 18-Month CD: 3.60%, 24-Month CD: 0.40%, 36-Month CD: 0.50%, 48-Month CD: 0.60%, 60-Month CD: 0.70%, Savings: 3.00%, MMA: 3.29%

Q: What CD terms does WaterStone Bank offer?

WaterStone Bank CD rates are 4.40% APY for a 9 month CD, 0.25% APY for a 12 month CD, 3.60% APY for an 18 month CD, 3.60% APY for a 19 month CD, 0.40% APY for a 2 year CD, 3.60% APY for a 25 month CD, 0.50% APY for a 3 year CD, 0.60% APY for a 4 year CD and 0.70% APY for a 5 year CD, verified by MonitorBankRates as of November 6, 2026. The institution may offer other terms or specials that are not listed here, so check with WaterStone Bank for its full lineup.

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.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: November 6, 2026

WaterStone Bank's Promotional CD - 9-Month rates are at 4.40%, Promotional CD - 12-Month rates are at 4.00%, Promotional CD - 19-Month rates are at 3.60%, Promotional CD - 25-Month rates are at 3.60%, Promotional CD - 36-Month rates are at 3.00%. WaterStone Bank's savings rates are at 3.00%. WaterStone Bank's money market rates are at 3.29%. WaterStone Bank's checking rates are as high as 0.15%. WaterStone Bank's top CD rate of 4.40% APY on a 9 month CD is 51% higher than the MonitorBankRates national average of 2.92% APY for that term, and it has an A+ health rating. MonitorBankRates evaluates the financial stability of WaterStone Bank with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 2.07%. Rates last updated and verified on 11/06/2026.

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.

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

2.07%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

WaterStone Bank, SSB

11200 W Plank Ct
Wauwatosa, WI 53226

https://www.wsbonline.com

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Financial health data as of Q2 2026 (FDIC call report for the quarter ended June 30, 2026). This is the most recent call report available. The FDIC publishes bank call reports about eight weeks after each quarter ends.

WaterStone Bank CD Rates

Product	Rate	APY	Term	Min. Deposit
Fixed Rate IRA Promotional CD - 9-Month	4.31%	4.40%	9 Month	$2,500
Min Deposit $2,500 Min Balance $2,500 Details IRA; Early withdrawal penalties may apply Last Updated 11/06/2026 Rate History 1 change since Sep 19, 2026 · 4.15% → 4.40% ▲ 0.25 pts · high 4.40% / low 4.15% Oct 20, 20264.40%▲ from 4.15% Sep 19, 20264.15%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Promotional CD - 9-Month	4.31%	4.40%	9 Month	$5,000
Min Deposit $5,000 Min Balance $5,000 Details Interest rate and APY effective as of 10/05/26 Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 4.40% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA Promotional CD - 12-Month	3.93%	4.00%	12 Month	$2,500
Min Deposit $2,500 Min Balance $2,500 Details IRA; Early withdrawal penalties may apply Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 4.00% APY · checked 10 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Promotional CD - 12-Month	3.93%	4.00%	12 Month	$5,000
Min Deposit $5,000 Min Balance $5,000 Details Interest rate and APY effective as of 10/05/26 Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 4.00% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA Promotional CD - 19-Month	3.54%	3.60%	19 Month	$2,500
Min Deposit $2,500 Min Balance $2,500 Details IRA; Early withdrawal penalties may apply Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 3.60% APY · checked 10 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA Promotional CD - 25-Month	3.54%	3.60%	25 Month	$2,500
Min Deposit $2,500 Min Balance $2,500 Details IRA; Early withdrawal penalties may apply Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 3.60% APY · checked 10 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Promotional CD - 19-Month	3.54%	3.60%	19 Month	$5,000
Min Deposit $5,000 Min Balance $5,000 Details Interest rate and APY effective as of 10/05/26 Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 3.60% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Promotional CD - 25-Month	3.54%	3.60%	25 Month	$5,000
Min Deposit $5,000 Min Balance $5,000 Details Interest rate and APY effective as of 10/05/26 Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 3.60% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA Promotional CD - 36-Month	2.96%	3.00%	36 Month	$2,500
Min Deposit $2,500 Min Balance $2,500 Details IRA; Early withdrawal penalties may apply Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 3.00% APY · checked 10 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Promotional CD - 36-Month	2.96%	3.00%	36 Month	$5,000
Min Deposit $5,000 Min Balance $5,000 Details Interest rate and APY effective as of 10/05/26 Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 3.00% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
1-Year Purpose CD	1.00%	1.00%	1 Year	$100
Min Deposit $100 Min Balance $100 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 1.00% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
CD - 5-Year	0.70%	0.70%	5 Year	$1,000
Min Deposit $1,000 Min Balance $1,000 Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 0.70% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA CD - 5-Year	0.70%	0.70%	5 Year	$500
Min Deposit $500 Min Balance $500 Details Early withdrawal penalties may apply. Last Updated 11/06/2026 Rate History No change since Oct 7, 2026 · 0.70% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
CD - 4-Year	0.60%	0.60%	4 Year	$1,000
Min Deposit $1,000 Min Balance $1,000 Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 0.60% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA CD - 4-Year	0.60%	0.60%	4 Year	$500
Min Deposit $500 Min Balance $500 Details Early withdrawal penalties may apply. Last Updated 11/06/2026 Rate History No change since Oct 7, 2026 · 0.60% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
CD - 3-Year	0.50%	0.50%	3 Year	$1,000
Min Deposit $1,000 Min Balance $1,000 Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 0.50% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA CD - 3-Year	0.50%	0.50%	3 Year	$500
Min Deposit $500 Min Balance $500 Details Early withdrawal penalties may apply. Last Updated 11/06/2026 Rate History No change since Oct 7, 2026 · 0.50% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
CD - 2-Year	0.40%	0.40%	2 Year	$1,000
Min Deposit $1,000 Min Balance $1,000 Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 0.40% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA CD - 2-Year	0.40%	0.40%	2 Year	$500
Min Deposit $500 Min Balance $500 Details Early withdrawal penalties may apply. Last Updated 11/06/2026 Rate History No change since Oct 7, 2026 · 0.40% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
CD - 1-Year	0.25%	0.25%	1 Year	$1,000
Min Deposit $1,000 Min Balance $1,000 Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 0.25% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA CD - 1-Year	0.25%	0.25%	1 Year	$500
Min Deposit $500 Min Balance $500 Details Early withdrawal penalties may apply. Last Updated 11/06/2026 Rate History No change since Oct 7, 2026 · 0.25% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
CD - 6-Month	0.15%	0.15%	6 Month	$1,000
Min Deposit $1,000 Min Balance $1,000 Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 0.15% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA CD - 6-Month	0.15%	0.15%	6 Month	$500
Min Deposit $500 Min Balance $500 Details Early withdrawal penalties may apply. Last Updated 11/06/2026 Rate History No change since Oct 7, 2026 · 0.15% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%

WaterStone Bank Savings Rates

Product	Rate	APY
Life Moments Savings	2.96%	3.00%
Min Deposit $100 Details Balance: Below $5,000.01; Requires a WaterStone consumer checking account to be maintained; APY depends on balance Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 3.00% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Life Moments Savings	-	3.00%
Min Deposit $100 Min Balance $100 Details Balance: up to $5,000.00; Earn 3.00% APY when you open a new Life Moments Savings Account; $5.00 monthly fee if average daily balance falls below $100.00; account must be open and active 180 calendar days or a $30.00 closing fee may be assessed; APYs accurate as of 09/16/2024 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 3.00% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Health Savings Account (HSA)	0.30%	0.30%
Min Deposit $0 Min Balance $50,000 Details Balance: $50,000.00 or more Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.30% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Health Savings Account (HSA)	0.25%	0.25%
Min Deposit $0 Min Balance $25,000 Details Balance: $25,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.25% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Health Savings Account (HSA)	0.20%	0.20%
Min Deposit $0 Min Balance $10,000 Details Balance: $10,000.00 - $24,999.99 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.20% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Health Savings Account (HSA)	0.15%	0.15%
Min Deposit $0 Min Balance $5,000 Details Balance: $5,000.00 - $9,999.99 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Life Moments Savings	0.15%	0.15%
Min Deposit $100 Min Balance $5,000 Details Balance: $5,000.01 or more; APY printed as range from 3.00% to 0.15%; Requires a WaterStone consumer checking account to be maintained Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Life Moments Savings	0.15%	0.15%
Min Balance $5,000 Details Balance: $5,000.01 or more; APY printed as range from 3.00% to 0.15%; Requires a consumer checking account to maintain a Life Moments Savings Account Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Savings Account	0.15%	0.15%
Min Deposit $100 Min Balance $5,000 Details Balance: $5,000.00 or more Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Stepping Stone Savings	0.15%	0.15%
Min Deposit $25 Min Balance $5,000 Details Balance: $5,000.00 or more; Requires a Stepping Stone Checking Account to be maintained Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Health Savings Account (HSA)	0.10%	0.10%
Min Deposit $0 Min Balance $0 Details Balance: $4,999.99 or less Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 0.10% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
IRA Access Savings	0.10%	0.10%
Min Deposit $10 Min Balance $10 Details Variable rate IRA account; interest rates are variable and may change; fees may reduce earnings; APY effective as of 10/05/26 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.10% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Savings Account	0.10%	0.10%
Min Deposit $100 Min Balance $1,000 Details Balance: $1,000.00 - $4,999.99 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.10% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Stepping Stone Savings	0.10%	0.10%
Min Deposit $25 Min Balance $1,000 Details Balance: $1,000.00 - $4,999.99; Requires a Stepping Stone Checking Account to be maintained Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.10% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Blue's Jr. Bankers Savings Account	0.05%	0.05%
Min Deposit $25 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.05% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Savings Account	0.05%	0.05%
Min Deposit $100 Details Balance: $999.99 or less Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 0.05% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Stepping Stone Savings	0.05%	0.05%
Min Deposit $25 Details Balance: $999.99 or less; Requires a Stepping Stone Checking Account to be maintained Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 0.05% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%

WaterStone Bank Business Savings Rates

Product	Rate	APY	View More
Business Savings	0.10%	0.10%
Min Deposit $100 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.10% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%

WaterStone Bank Money Market Rates

Product	Rate	APY
Ultimate Money Market	-	3.29%
Min Deposit $5,000 Min Balance $250,000 Details Balance: $250,000 and over; Introductory APY for first 6 months; Offer applied to new money only; APY accurate as of 9/2/2026 Last Updated 11/06/2026 Rate History 1 change since Sep 19, 2026 · 3.00% → 3.29% ▲ 0.29 pts · high 3.29% / low 3.00% Nov 6, 20263.29%▲ from 3.00% Sep 19, 20263.00%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Money Market	-	3.16%
Min Deposit $5,000 Min Balance $100,000 Details Balance: $100,000 - $249,999.99; Introductory APY for first 6 months; Offer applied to new money only; APY accurate as of 9/2/2026 Last Updated 11/06/2026 Rate History 1 change since Sep 19, 2026 · 2.75% → 3.16% ▲ 0.41 pts · high 3.16% / low 2.75% Nov 6, 20263.16%▲ from 2.75% Sep 19, 20262.75%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Money Market	2.96%	3.00%
Min Deposit $5,000 Min Balance $250,000 Details Balance: $250,000.00 or more Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 3.00% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Money Market	2.72%	2.75%
Min Deposit $5,000 Min Balance $100,000 Details Balance: $100,000.00 - $249,999.99 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 2.75% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Money Market	2.47%	2.50%
Min Deposit $5,000 Min Balance $50,000 Details Balance: $50,000.00 - $99,999.99 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 2.50% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Money Market	-	1.97%
Min Deposit $5,000 Min Balance $0 Details Balance: $0.00 - $24,999.99; Introductory APY for first 6 months; Headline: 3.50% RATE \| 3.29% APY \| 6 Month Fixed; Offer applied to new money only; $10 monthly fee if average daily balance falls below $5,000; APY accurate as of 9/2/2026 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 1.97% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Money Market	1.14%	1.15%
Min Deposit $5,000 Min Balance $25,000 Details Balance: $25,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 1.15% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Money Market	0.40%	0.40%
Min Deposit $5,000 Details Balance: $0.00 - $24,999.99 Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 0.40% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%

WaterStone Bank Business Money Market Rates

Product	Rate	APY
Business Ultimate Money Market	-	2.75%
Min Deposit $5,000 Min Balance $250,000 Details Balance: $250,000.00 and over; APY tier accurate as of 2/01/2023 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 2.75% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Business Money Market	2.72%	2.75%
Min Balance $250,000 Details Balance: $250,000.00 or more Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 2.75% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Ultimate Money Market	-	2.50%
Min Deposit $5,000 Min Balance $100,000 Details Balance: $100,000.00 - $249,999.99; APY tier accurate as of 2/01/2023 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 2.50% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Business Money Market	2.47%	2.50%
Min Balance $100,000 Details Balance: $100,000.00 - $249,999.99 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 2.50% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Ultimate Money Market	-	2.25%
Min Deposit $5,000 Min Balance $50,000 Details Balance: $50,000.00 - $99,999.99; APY tier accurate as of 2/01/2023 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 2.25% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Business Money Market	2.23%	2.25%
Min Balance $50,000 Details Balance: $50,000.00 - $99,999.99 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 2.25% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Ultimate Money Market	-	1.15%
Min Deposit $5,000 Min Balance $25,000 Details Balance: $25,000.00 - $49,999.99; APY tier accurate as of 2/01/2023 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 1.15% APY · checked 8 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Business Money Market	1.14%	1.15%
Min Balance $25,000 Details Balance: $25,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 1.15% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Ultimate Money Market	-	0.40%
Min Deposit $5,000 Min Balance $0 Details Balance: $0.00 - $24,999.99; APY tier accurate as of 2/01/2023; $10.00 monthly fee if average daily balance falls below $5,000.00; $30.00 closing fee if closed within 180 calendar days Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 0.40% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%

WaterStone Bank Checking Rates

Product	Rate	APY
Universal Checking	0.15%	0.15%
Min Deposit $100 Min Balance $50,000 Details Balance: $50,000.00 - $99,999.99 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Universal Checking	0.15%	0.15%
Min Deposit $100 Min Balance $100,000 Details Balance: $100,000.00 or more Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Universal Checking	0.10%	0.10%
Min Deposit $100 Min Balance $10,000 Details Balance: $10,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.10% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Universal Checking	0.05%	0.05%
Min Deposit $100 Details Balance: $9,999.99 or less Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 0.05% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Checking 2.5	0.00%	0.00%
Min Deposit $100 Last Updated 11/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Essential Checking	0.00%	0.00%
Min Deposit $100 Last Updated 11/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Stepping Stone Checking	0.00%	0.00%
Min Deposit $25 Last Updated 11/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%

WaterStone Bank Business Checking Rates

Product	Rate	APY
Business Interest Checking	0.05%	0.05%
Min Balance $2,500 Details Balance: $2,500.00 or more Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 0.05% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Interest Checking	0.01%	0.01%
Min Deposit $100 Details Balance: $2,499.99 or less Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 0.01% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Advantage Checking	0.00%	0.00%
Min Deposit $100 Last Updated 11/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Essential Checking	0.00%	0.00%
Min Deposit $100 Last Updated 11/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%

WaterStone Bank Other Rates

Product	Rate	Points	APY/APR
Ultimate Business Money Market	0.40%	-	0.40%
Min Deposit $5,000 Details Balance: $0.00 - $24,999.99 Last Updated 11/06/2026 Rate History No change since Oct 20, 2026 · 0.40% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Money Market	-	-	0.40%
Min Deposit $5,000 Min Balance $0 Details Balance: $0.00 - $24,999.99; Consumer disclosure APY accurate as of 03/17/2025; minimum balance to open $5,000.00 Last Updated 11/06/2026 Rate History 1 change since Sep 19, 2026 · 1.97% → 0.40% ▼ 1.57 pts · high 1.97% / low 0.40% Oct 7, 20260.40%▼ from 1.97% Sep 19, 20261.97%first recorded Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Money Market	-	-	1.15%
Min Deposit $5,000 Min Balance $25,000 Details Balance: $25,000.00 - $49,999.99; Consumer disclosure APY accurate as of 03/17/2025; minimum balance to open $5,000.00 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 1.15% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Money Market	-	-	2.50%
Min Deposit $5,000 Min Balance $50,000 Details Balance: $50,000.00 - $99,999.99; Consumer disclosure APY accurate as of 03/17/2025; minimum balance to open $5,000.00 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 2.50% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Money Market	-	-	2.75%
Min Deposit $5,000 Min Balance $100,000 Details Balance: $100,000.00 - $249,999.99; Consumer disclosure APY accurate as of 03/17/2025; minimum balance to open $5,000.00 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 2.75% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Money Market	-	-	3.00%
Min Deposit $5,000 Min Balance $250,000 Details Balance: $250,000.00 and over; Consumer disclosure APY accurate as of 03/17/2025; minimum balance to open $5,000.00 Last Updated 11/06/2026 Rate History No change since Sep 19, 2026 · 3.00% APY · checked 12 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%

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.
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Financial Health History

WaterStone Bank’s Texas Ratio rose from 1.42% in Q3 2023 to 2.07% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this bank’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$2.3B	2.07%	5.0	A+
March 31, 2026	$2.3B	2.30%	5.0	A+
December 31, 2025	$2.3B	1.95%	5.0	A+
September 30, 2025	$2.3B	1.83%	5.0	A+
June 30, 2025	$2.3B	2.53%	5.0	A+
March 31, 2025	$2.2B	2.30%	5.0	A+
December 31, 2024	$2.2B	1.88%	5.0	A+
September 30, 2024	$2.2B	1.69%	5.0	A+
June 30, 2024	$2.3B	1.76%	5.0	A+
March 31, 2024	$2.2B	1.58%	5.0	A+
December 31, 2023	$2.2B	1.59%	5.0	A+
September 30, 2023	$2.2B	1.42%	5.0	A+

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

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

Bank Name WaterStone Bank

Website https://www.wsbonline.com

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

Bank Holding Company WATERSTONE FINANCIAL INC

FDIC Certificate # 28513

Regulator FDIC

Established January 1, 1921

FDIC Insurance Date August 9, 1989

Domestic Offices 16

Total Branches 16

FDIC Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A+ (99/100)

Texas Ratio

2.07%

National Average Texas Ratio

5.85%

Return on Assets (ROA)

1.2780%

Return on Equity (ROE)

8.5700%

Non-Performing Loans Ratio (NPL)

0.29%

Total Assets

$2,252,894,000

Total Deposits

$1,469,847,000

Equity Capital

$331,501,000

Net Income

$14,409,000

Headquarters

Wauwatosa

Total Branches and Offices

Source: FDIC — Last Updated June 30, 2026

2026 MBR Health & Safety Badge

WaterStone Bank earned the Verified Healthy badge

Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter, and this profile page always shows the latest results, so the code never needs to change.

<a href="https://www.monitorbankrates.com/banks/waterstone-bank-ssb-rates-review-28513">
  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026.svg"
       alt="MonitorBankRates Verified Healthy Badge 2026"
       width="160" height="160">
</a>

Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

There are no reviews for WaterStone Bank yet. Feel free to create one below.

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Average Rating

☆☆☆☆☆

Total Reviews

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Frequently Asked Questions About WaterStone Bank

Does WaterStone Bank offer CDs?

Yes. WaterStone Bank current CD rates include its Promotional CD - 9-Month at 4.40% APY, its Promotional CD - 12-Month at 4.00% APY and its Promotional CD - 19-Month at 3.60% APY, verified by MonitorBankRates as of November 6, 2026.

Are CDs from WaterStone Bank FDIC insured?

Yes. WaterStone Bank is insured by the Federal Deposit Insurance Corporation (FDIC), so CDs opened there are insured up to $250,000 per depositor, per ownership category.

What is the highest CD rate at WaterStone Bank?

The highest WaterStone Bank CD rate is its Fixed Rate IRA Promotional Certificates of Deposit - 9-Month at 4.40% APY, verified by MonitorBankRates as of November 6, 2026.

What CD terms does WaterStone Bank offer?

WaterStone Bank CD rates are 4.40% APY for a 9 month CD, 0.25% APY for a 12 month CD, 3.60% APY for an 18 month CD, 3.60% APY for a 19 month CD, 0.40% APY for a 2 year CD, 3.60% APY for a 25 month CD, 0.50% APY for a 3 year CD, 0.60% APY for a 4 year CD and 0.70% APY for a 5 year CD, verified by MonitorBankRates as of November 6, 2026. The institution may offer other terms or specials that are not listed here, so check with WaterStone Bank for its full lineup.

What is the highest savings rate at WaterStone Bank?

The highest WaterStone Bank savings rate is its Life Moments Savings at 3.00% APY, verified by MonitorBankRates as of November 6, 2026.

What is the highest money market rate at WaterStone Bank?

The highest WaterStone Bank money market rate is its Ultimate Money Market at 3.29% APY, verified by MonitorBankRates as of November 6, 2026.

What is the highest checking rate at WaterStone Bank?

The highest WaterStone Bank checking rate is its Universal Checking at 0.15% APY, verified by MonitorBankRates as of November 6, 2026.

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.

Are all CD rates listed on MonitorBankRates federally insured?

Most are. Banks are insured by the FDIC and most credit unions by the NCUA, up to $250,000 per depositor, per ownership category. A small number of credit unions are privately insured instead, and we label them on their pages. MonitorBankRates is not a bank or credit union; deposit insurance comes from the institution where you open the account.

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

You open the account directly with the bank or credit union. Use the View button next to a rate to go to the institution's website, then apply online, by phone or at a branch. Confirm the current rate and terms with the institution before you deposit.

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Your account is with the financial institution. MonitorBankRates is a rate comparison site; we do not open accounts, hold deposits or handle your money.

Why are some CD offers not available for me to open?

Some offers are limited to certain states or local areas, require membership or an existing account, need a minimum deposit, or were promotions that have since ended. Rates can also change after we verify them. The institution's website has the current eligibility rules.

How do WaterStone Bank rates compare?

WaterStone Bank's top CD rate of 4.40% APY on a 9 month CD is 51% higher than the MonitorBankRates national average of 2.92% APY for that term, and it has an A+ health rating. WaterStone Bank's top rates are its Fixed Rate IRA Promotional Certificates of Deposit - 9-Month at 4.40% APY, its Life Moments Savings at 3.00% APY, its Ultimate Money Market at 3.29% APY and its Universal Checking at 0.15% APY, verified by MonitorBankRates on November 6, 2026.

Current WaterStone Bank Rates

12-Month CD0.25%
18-Month CD3.60%
24-Month CD0.40%
36-Month CD0.50%
48-Month CD0.60%
60-Month CD0.70%
Savings3.00%
MMA3.29%

Retrieved from our database of financial products. Rates subject to change.

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WaterStone Bank Rates & Review November 2026

Brian McKay

Overall Health & Safety Grade

MonitorBankRates Star Rating

WaterStone Bank Texas Ratio

WaterStone Bank Health Trend

WaterStone Bank CD Rates

WaterStone Bank Savings Rates

WaterStone Bank Business Savings Rates

WaterStone Bank Money Market Rates

WaterStone Bank Business Money Market Rates

WaterStone Bank Checking Rates

WaterStone Bank Business Checking Rates

WaterStone Bank Other Rates

Financial Health History

Methodology & Data Sources

Bank Profile & Overview

Financials

WaterStone Bank earned the Verified Healthy badge

Customer Reviews

Frequently Asked Questions About WaterStone Bank

Does WaterStone Bank offer CDs?

Are CDs from WaterStone Bank FDIC insured?

What is the highest CD rate at WaterStone Bank?

What CD terms does WaterStone Bank offer?

What is the highest savings rate at WaterStone Bank?

What is the highest money market rate at WaterStone Bank?

What is the highest checking rate at WaterStone Bank?

How many branches does WaterStone Bank operate?

Is there a first-time homebuyer program?

Are credit management and repair services offered?

Does WaterStone Bank offer online and mobile banking?

Are all CD rates listed on MonitorBankRates federally insured?

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Why are some CD offers not available for me to open?

How do WaterStone Bank rates compare?

Current WaterStone Bank Rates

Compare to Other Banks