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%

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WaterStone Bank Rates & Review October 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 and Verified: October 11, 2026

WaterStone Bank's top rates as of October 11, 2026 are 4.40% APY on its 9-Month Fixed Rate IRA Promotional Certificate of Deposit, 3.00% APY on savings, 3.29% APY on money market accounts, and 0.15% APY on checking, according to rates verified by MonitorBankRates. Other WaterStone Bank CD rates include Promotional Certificate of Deposit - 9-Month at 4.40%, 12-Month Fixed Rate IRA Promotional Certificate of Deposit at 4.00%, and Promotional Certificate of Deposit - 12-Month at 4.00%. 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 10/11/2026.

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 Q2 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
9 Month Fixed Rate IRA Promotional Certificate of Deposit	4.31%	4.40%	9 Month
Min Deposit $2,500 Min Balance $2,500 Details Balance: $2,500.00 - $2,500.00 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 4.40% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Promotional Certificate of Deposit - 9 Month	4.31%	4.40%	9 Month
Min Deposit $5,000 Min Balance $5,000 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 4.40% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
12 Month Fixed Rate IRA Promotional Certificate of Deposit	3.93%	4.00%	12 Month
Min Deposit $2,500 Min Balance $2,500 Details Balance: $2,500.00 - $2,500.00 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 4.00% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Promotional Certificate of Deposit - 12 Month	3.93%	4.00%	12 Month
Min Deposit $5,000 Min Balance $5,000 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 4.00% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
19 Month Fixed Rate IRA Promotional Certificate of Deposit	3.54%	3.60%	19 Month
Min Deposit $2,500 Min Balance $2,500 Details Balance: $2,500.00 - $2,500.00 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 3.60% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
25 Month Fixed Rate IRA Promotional Certificate of Deposit	3.54%	3.60%	25 Month
Min Deposit $2,500 Min Balance $2,500 Details Balance: $2,500.00 - $2,500.00 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 3.60% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Promotional Certificate of Deposit - 19 Month	3.54%	3.60%	19 Month
Min Deposit $5,000 Min Balance $5,000 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 3.60% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Promotional Certificate of Deposit - 25 Month	3.54%	3.60%	25 Month
Min Deposit $5,000 Min Balance $5,000 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 3.60% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
36 Month Fixed Rate IRA Promotional Certificate of Deposit	2.96%	3.00%	36 Month
Min Deposit $2,500 Min Balance $2,500 Details Balance: $2,500.00 - $2,500.00 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 3.00% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Promotional Certificate of Deposit - 36 Month	2.96%	3.00%	36 Month
Min Deposit $5,000 Min Balance $5,000 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 3.00% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
1 Year Purpose CD	1.00%	1.00%	1 Year
Min Deposit $100 Min Balance $100 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 1.00% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
5 Year CD Standard	0.70%	0.70%	5 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.70% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
5 Year Certificates of Deposit	0.70%	0.70%	5 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 10/11/2026 Rate History No change since Sep 24, 2026 · 0.70% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA Certificate of Deposit - 5 Year	0.70%	0.70%	5 Year
Min Deposit $500 Min Balance $500 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 0.70% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
4 Year CD Standard	0.60%	0.60%	4 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.60% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
4 Year Certificates of Deposit	0.60%	0.60%	4 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 10/11/2026 Rate History No change since Sep 24, 2026 · 0.60% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA Certificate of Deposit - 4 Year	0.60%	0.60%	4 Year
Min Deposit $500 Min Balance $500 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 0.60% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
3 Year CD Standard	0.50%	0.50%	3 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.50% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
3 Year Certificates of Deposit	0.50%	0.50%	3 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 10/11/2026 Rate History No change since Sep 24, 2026 · 0.50% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA Certificate of Deposit - 3 Year	0.50%	0.50%	3 Year
Min Deposit $500 Min Balance $500 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 0.50% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
2 Year CD Standard	0.40%	0.40%	2 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.40% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
2 Year Certificates of Deposit	0.40%	0.40%	2 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 10/11/2026 Rate History No change since Sep 24, 2026 · 0.40% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA Certificate of Deposit - 2 Year	0.40%	0.40%	2 Year
Min Deposit $500 Min Balance $500 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 0.40% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
1 Year CD Standard	0.25%	0.25%	1 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.25% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
1 Year Certificates of Deposit	0.25%	0.25%	1 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 10/11/2026 Rate History No change since Sep 24, 2026 · 0.25% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA Certificate of Deposit - 1 Year	0.25%	0.25%	1 Year
Min Deposit $500 Min Balance $500 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 0.25% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
6 Month CD Standard	0.15%	0.15%	6 Month
Min Deposit $1,000 Min Balance $1,000 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 4 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
6 Month Certificates of Deposit	0.15%	0.15%	6 Month
Min Deposit $1,000 Min Balance $1,000 Last Updated 10/11/2026 Rate History No change since Sep 24, 2026 · 0.15% APY · checked 5 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Fixed Rate IRA Certificate of Deposit - 6 Month	0.15%	0.15%	6 Month
Min Deposit $500 Min Balance $500 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 0.15% APY · checked 2 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 Min Balance $0 Details Balance: Below $5,000.01 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 3.00% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Life Moments Savings	2.96%	3.00%
Min Deposit $100 Min Balance $0 Details Balance: Below $5,000.01 Last Updated 10/11/2026 Rate History No change since Oct 7, 2026 · 3.00% APY · checked 2 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Life Moments Savings	-	3.00%
Min Deposit $100 Min Balance $0 Details Balance: $0.00 - $4,999.99. Annual Percentage Yields (APYs) are accurate as of 09/16/2024. APY for each tier is based on daily balance method: 3.00% APY on balances below $5,000.00, 0.15% APY on balances equal to or greater than $5,000.00 and requires $100.00 opening deposit. $5.00 minimum balance fee will be imposed monthly if the average daily balance for the statement cycle falls below $100.00. 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 (a calendar day) of a month to the 16th (a calendar day) of the next month. To determine your statement cycle please ask your Personal Banker at the time of account opening. Account must be open and active for 180 calendar days, or a $30.00 closing fee may be assessed at account closing. Fees may reduce earnings. See disclosure for details. Last Updated 10/11/2026 Rate History No change since Sep 24, 2026 · 3.00% APY · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Health Savings Account (HSA)	0.30%	0.30%
Min Balance $50,000 Details Balance: $50,000.00 or more Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.30% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Health Savings Account (HSA)	0.25%	0.25%
Min Balance $25,000 Details Balance: $25,000.00 - $49,999.99 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.25% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Health Savings Account (HSA)	0.20%	0.20%
Min Balance $10,000 Details Balance: $10,000.00 - $24,999.99 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.20% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Health Savings Account (HSA)	0.15%	0.15%
Min Balance $5,000 Details Balance: $5,000.00 - $9,999.99 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Life Moments Savings	-	0.15%
Min Deposit $100 Min Balance $5,000 Details Balance: $5,000.00 and over. Annual Percentage Yields (APYs) are accurate as of 09/16/2024. APY for each tier is based on daily balance method: 3.00% APY on balances below $5,000.00, 0.15% APY on balances equal to or greater than $5,000.00 and requires $100.00 opening deposit. $5.00 minimum balance fee will be imposed monthly if the average daily balance for the statement cycle falls below $100.00. 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 (a calendar day) of a month to the 16th (a calendar day) of the next month. To determine your statement cycle please ask your Personal Banker at the time of account opening. Account must be open and active for 180 calendar days, or a $30.00 closing fee may be assessed at account closing. Fees may reduce earnings. See disclosure for details. Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 7 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 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Savings Account	0.15%	0.15%
Min Balance $5,000 Details Balance: $5,000.00 or more Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Stepping Stone Savings	0.15%	0.15%
Min Balance $5,000 Details Balance: $5,000.00 or more Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 7 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 $5,000 Details Balance: $4,999.99 or less Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.10% APY · checked 7 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 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.10% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Savings Account	0.10%	0.10%
Min Balance $1,000 Details Balance: $1,000.00 - $4,999.99 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.10% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Stepping Stone Savings	0.10%	0.10%
Min Balance $1,000 Details Balance: $1,000.00 - $4,999.99 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.10% APY · checked 7 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 10/11/2026 Rate History No change since Sep 19, 2026 · 0.05% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Savings Account	0.05%	0.05%
Min Deposit $100 Min Balance $1,000 Details Balance: $999.99 or less Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.05% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Stepping Stone Savings	0.05%	0.05%
Min Deposit $25 Min Balance $1,000 Details Balance: $999.99 or less Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.05% APY · checked 7 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 10/11/2026 Rate History No change since Sep 19, 2026 · 0.10% APY · checked 7 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 or more. Introductory APY applies for the first 6 months, after which the APY will adjust to the current market rates and APY located at wsbonline.com/deposit-rates. Offer applied to new money only; funds must not currently be on deposit with WaterStone Bank. $10 minimum balance fee will be imposed monthly if the average daily balance for the statement cycle falls below $5,000. Account must be open and active for 180 calendar days, or a $30 closing fee may be assessed at account closing. Last Updated 10/11/2026 Rate History 1 change since Sep 19, 2026 · 3.00% → 3.29% ▲ 0.29 pts · high 3.29% / low 3.00% Oct 7, 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 to $249,999.99. Introductory APY applies for the first 6 months, after which the APY will adjust to the current market rates and APY located at wsbonline.com/deposit-rates. Offer applied to new money only; funds must not currently be on deposit with WaterStone Bank. $10 minimum balance fee will be imposed monthly if the average daily balance for the statement cycle falls below $5,000. Account must be open and active for 180 calendar days, or a $30 closing fee may be assessed at account closing. Last Updated 10/11/2026 Rate History 1 change since Sep 19, 2026 · 2.75% → 3.16% ▲ 0.41 pts · high 3.16% / low 2.75% Oct 7, 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 10/11/2026 Rate History No change since Sep 19, 2026 · 3.00% APY · checked 7 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 10/11/2026 Rate History No change since Sep 19, 2026 · 2.75% APY · checked 7 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 10/11/2026 Rate History No change since Sep 19, 2026 · 2.50% APY · checked 7 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 applies for the first 6 months, after which the APY will adjust to the current market rates and APY located at wsbonline.com/deposit-rates. Offer applied to new money only; funds must not currently be on deposit with WaterStone Bank. $10 minimum balance fee will be imposed monthly if the average daily balance for the statement cycle falls below $5,000. Account must be open and active for 180 calendar days, or a $30 closing fee may be assessed at account closing. Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 1.97% APY · checked 3 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 10/11/2026 Rate History No change since Sep 19, 2026 · 1.15% APY · checked 7 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 Min Balance $25,000 Details Balance: $24,999.99 or less Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.40% APY · checked 7 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 or less than $24,999.99. The APY in each tier is accurate as of 03/17/2025 and will be paid on the entire balance in the account. A minimum balance fee of $10.00 will be imposed monthly if the average daily balance for the statement cycle falls below $5,000.00. 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. Last Updated 10/11/2026 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%

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: over $250,000.00; APY accurate as of 2/01/2023 and will be paid on the entire balance in the account. A minimum balance fee of $10.00 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 first day of a month to the last day of that same 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 10/11/2026 Rate History No change since Sep 24, 2026 · 2.75% APY · checked 3 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 accurate as of 2/01/2023 and will be paid on the entire balance in the account. A minimum balance fee of $10.00 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 first day of a month to the last day of that same 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 10/11/2026 Rate History No change since Sep 24, 2026 · 2.50% APY · checked 3 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 accurate as of 2/01/2023 and will be paid on the entire balance in the account. A minimum balance fee of $10.00 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 first day of a month to the last day of that same 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 10/11/2026 Rate History No change since Sep 24, 2026 · 2.25% APY · checked 3 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 accurate as of 2/01/2023 and will be paid on the entire balance in the account. A minimum balance fee of $10.00 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 first day of a month to the last day of that same 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 10/11/2026 Rate History No change since Sep 24, 2026 · 1.15% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Money Market	0.85%	0.85%
Min Balance $50,000 Details Balance: $50,000.00 or more Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.85% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Money Market	0.75%	0.75%
Min Deposit $100 Min Balance $50,000 Details Balance: $49,999.99 or less Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.75% APY · checked 7 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 accurate as of 2/01/2023 and will be paid on the entire balance in the account. A minimum balance fee of $10.00 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 first day of a month to the last day of that same 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 10/11/2026 Rate History No change since Sep 24, 2026 · 0.40% APY · checked 3 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Business Money Market	0.40%	0.40%
Min Deposit $5,000 Min Balance $25,000 Details Balance: $24,999.99 or less Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.40% APY · checked 7 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 Balance $50,000 Details Balance: $50,000.00 - $99,999.99 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Universal Checking	0.15%	0.15%
Min Balance $100,000 Details Balance: $100,000.00 or more Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.15% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Universal Checking	0.10%	0.10%
Min Balance $10,000 Details Balance: $10,000.00 - $49,999.99 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.10% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Universal Checking	0.05%	0.05%
Min Deposit $100 Min Balance $10,000 Details Balance: $9,999.99 or less Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.05% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%

WaterStone Bank Business Checking Rates

Product	Rate	APY
Business Money Market with Checking	0.45%	0.45%
Min Balance $50,000 Details Balance: $50,000.00 or more Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.45% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Money Market with Checking	0.40%	0.40%
Min Balance $25,000 Details Balance: $25,000.00 - $49,999.99 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.40% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Money Market without Checking	0.40%	0.40%
Min Balance $50,000 Details Balance: $50,000.00 or more Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.40% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Money Market without Checking	0.35%	0.35%
Min Balance $25,000 Details Balance: $25,000.00 - $49,999.99 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.35% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Money Market with Checking	0.30%	0.30%
Min Deposit $100 Min Balance $25,000 Details Balance: $24,999.99 or less Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.30% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Money Market without Checking	0.25%	0.25%
Min Deposit $100 Min Balance $25,000 Details Balance: $24,999.99 or less Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.25% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Interest Checking	0.05%	0.05%
Min Deposit $100 Min Balance $2,500 Details Balance: $2,500.00 or more Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.05% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Business Interest Checking	0.01%	0.01%
Min Deposit $100 Min Balance $2,500 Details Balance: $2,499.99 or less Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 0.01% APY · checked 7 times 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	1.14%	-	1.15%
Min Deposit $5,000 Min Balance $25,000 Details Balance: $25,000.00 - $49,999.99 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 1.15% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Business Money Market	2.23%	-	2.25%
Min Deposit $5,000 Min Balance $50,000 Details Balance: $50,000.00 - $99,999.99 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 2.25% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Business Money Market	2.47%	-	2.50%
Min Deposit $5,000 Min Balance $100,000 Details Balance: $100,000.00 - $249,999.99 Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 2.50% APY · checked 7 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.07%
Ultimate Business Money Market	2.72%	-	2.75%
Min Deposit $5,000 Min Balance $250,000 Details Balance: $250,000.00 or more Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 2.75% APY · checked 7 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: equal to or greater than $250,000.00. The APY in each tier is accurate as of 03/17/2025 and will be paid on the entire balance in the account. A minimum balance fee of $10.00 will be imposed monthly if the average daily balance for the statement cycle falls below $5,000.00. 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. Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 3.00% APY · checked 7 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 to $249,999.99. The APY in each tier is accurate as of 03/17/2025 and will be paid on the entire balance in the account. A minimum balance fee of $10.00 will be imposed monthly if the average daily balance for the statement cycle falls below $5,000.00. 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. Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 2.75% APY · checked 7 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 to $99,999.99. The APY in each tier is accurate as of 03/17/2025 and will be paid on the entire balance in the account. A minimum balance fee of $10.00 will be imposed monthly if the average daily balance for the statement cycle falls below $5,000.00. 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. Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 2.50% APY · checked 7 times 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 to $49,999.99. The APY in each tier is accurate as of 03/17/2025 and will be paid on the entire balance in the account. A minimum balance fee of $10.00 will be imposed monthly if the average daily balance for the statement cycle falls below $5,000.00. 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. Last Updated 10/11/2026 Rate History No change since Sep 19, 2026 · 1.15% APY · checked 7 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

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 19210101

FDIC Insurance Date 19890809

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

2.07%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.2780%

Return on Equity (ROE) 8.5700%

Non-Performing Loans (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 16

Source: FDIC | Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

WaterStone Bank earned the Verified Healthy badge

Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

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       width="160" height="160">
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Customer Reviews

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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.

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 October 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

Financial Health & Assets

WaterStone Bank earned the Verified Healthy badge

Customer Reviews

Frequently Asked Questions About 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?

Current WaterStone Bank Rates

Compare to Other Banks