Watertown, Wisconsin Savings Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Watertown, Wisconsin savings account rates range from 0.05% to 10.00% APY, verified by MonitorBankRates as of October 13, 2026. The best savings rates for Watertown, Wisconsin and the surrounding area include Fort Community Credit UnionFort Community Credit Union633 S Church St, Watertown, WI 53094A5.0 ★Texas Ratio: 8.84%Real return: +2.32%APY minus 2.8% CPI (February 2026) TBD Savings at 5.12% APY, Bank First, NABank First, NA104 W Main St, Watertown, WI 53094A+5.0 ★Texas Ratio: 3.47%Real return: +0.55%APY minus 2.8% CPI (February 2026) Investment Savings at 3.35% APY, State Bank of ReesevilleState Bank of Reeseville1312 W Main St, Watertown, WI 53098A+5.0 ★Texas Ratio: 0.05%Real return: -1.80%APY minus 2.8% CPI (February 2026) IRA Savings at 1.00% APY, Landmark Credit Union WILandmark Credit Union WI1901 Market Way, Watertown, WI 53094A+5.0 ★Texas Ratio: 3.05%Real return: -2.50%APY minus 2.8% CPI (February 2026) Health Savings Account Rate at 0.30% APY, and Ixonia BankIxonia Bank109 Oakridge Ct, Watertown, WI 53094A+5.0 ★Texas Ratio: 2.14%Real return: -2.55%APY minus 2.8% CPI (February 2026) Health Savings Accounts at 0.25% APY.
Watertown has 47 local institutions in our database, with savings rates as high as 5.12% APY from Fort Community Credit Union at 633 S Church St, Watertown, WI 53094. Use the table below to compare all available offers, including options from institutions serving the broader Wisconsin area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Watertown, Wisconsin and the surrounding area. Last Updated and Verified: October 13, 2026
Compare the Best Savings Rates in Watertown, Wisconsin & Surrounding Communities
Balance: $0 - $1,000; Qualifying balance up to $1,000.00; Dividends Paid: Monthly
Balance: $0 - $15,000; Qualifying balance up to $15,000.00; Dividends Paid: Monthly
- Oct 5, 20263.66%▲ from 3.56%
- Sep 18, 20263.56%first recorded
Balance: $250,000.00 - $499,999.99
Dividends Paid: Monthly
- Oct 5, 20263.16%▲ from 3.00%
- Sep 14, 20263.00%first recorded
Balance: $150,000.00 - $249,999.99
Balance: $50,000.00 - $149,999.99
Balance: $100,000.00 & Over
Balance: $25,000.00 to $99,999.99
Balance: $10,000.00 to $24,999.99
Balance: $25,000.00 & Over
Balance: $2,500.00 to $9,999.99
Balance: $25,000.00 to $99,999.99
Balance: $10,000.00 to $24,999.99
Balance: $10,000.00 to $24,999.99
Balance: $25,000.00 & Over
Balance: $2,499.99 & Under
Balance: $2,500.00 to $9,999.99
Balance: $10,000.00 to $24,999.99
Balance: $10,000 or more
Balance: $15,000 minimum to earn APY
Balance: $25,000.00 & Over
Balance: $25,000.00 & Over
Balance: $2,500.00 to $9,999.99
Balance: $2,500 - $9,999
Balance: $5,000 minimum to earn APY
Balance: $2,500.00 to $9,999.99
Balance: $2,499.99 & Under
Balance: Less than $2,500
Balance: $2,499.99 & Under
Balance: $10,000.00 to $24,999.99
Balance: $2,499.99 & Under
Balance: $2,500 minimum to earn APY
Balance: $2,499.99 & Under
Balance: $500 minimum to earn APY
Dividends Paid: Quarterly
Dividends Paid: Quarterly
Balance: $0.01 to $5,000
Qualifying balance up to $500
Balance: $25.00 - $2,500.00; Dividend Paid: Quarterly
Balance: $0 - $5,000.00
Balance: $100.00 and over; Additional deposits up to $8,000; Minimum additional deposit $100; Matures on teen's 18th birthday; Withdrawal before maturity incurs penalty of all dividends earned
Term: Until maturity of October 31, 2026; For a limited time; Interest credited at maturity; Maximum deposit of $500 per month; Funds automatically released via direct deposit or check after maturity; Includes digital banking services: Free online banking, Free mobile banking, Free eStatements; Only one personal account per tax identification number.
Balance: $0 - $5,000.00*
Balance: $0-$500; Compounds monthly; Maximum of one SavingsPlus account per membership share; variable rate account
Balance: $100.00 and over; Additional deposits up to $5,000; Minimum additional deposit $100; Matures on child's 13th birthday; Withdrawal before maturity incurs penalty of all dividends earned
Balance: $200,000.00+
Balance: $0.00 - $100,000.00; Rate applies if qualifications are met
Monthly fee: Free
- Oct 13, 20263.79%▲ from 3.75%
- Oct 5, 20263.75%▼ from 3.79%
- Oct 2, 20263.79%▲ from 3.75%
- Sep 14, 20263.75%first recorded
Balance: $100,000-$250,000; Featured rate
- Oct 5, 20263.60%▲ from 3.50%
- Sep 14, 20263.50%first recorded
Balance: $500,000+
Balance: $1,000,000+; Minimum balance $20,000 to earn stated rate; Rate may change after account is opened
- Oct 13, 20263.40%▲ from 1.85%
- Sep 14, 20261.85%first recorded
Balance: >$100,000.00; Premier Account Rates - Personal Accounts Only; Must open a Premier Checking and maintain a minimum average balance of $5,000.00 to receive this rate; Dividends compounded: Monthly
Balance: $5 - $1,000; Dividends and APY accurate as of the last dividend declaration date; $5 penalty per withdrawal (waived if funds transferred to IRA); not a retirement account
Balance: $500,000+; includes ROTH, Traditional IRA, and CESA Share
Balance: $200,000 - $499,999
Balance: $75,000.00 - $100,000.00; Premier Account Rates - Personal Accounts Only; Must open a Premier Checking and maintain a minimum average balance of $5,000.00 to receive this rate; Dividends compounded: Monthly
Balance: $5,000+; Qualifications Required: 21+ debit or credit card transactions per month and a minimum of $1,500 in direct deposit(s) and/or mobile deposit into a qualifying account within the last 31 days; Required: 21+ debit or credit card transactions per month and a minimum of $1,500 in direct deposit(s) and/or mobile deposit into a qualifying account within the last 31 days. APY=Annual Percentage Yield. Rates may change after account is opened. Rate is accurate as of last dividend declaration date. Fees may reduce earnings on the account. Transaction count is NOT a combination of debit and credit card transactions. Debit Card transactions must be posted to the account within the last 31 days and be posted to the account by the end of business day of the last day of the month for it to be considered a qualifying transaction. Credit Card transactions must be posted between the 27th of the previous month and the 26th of the current month to be considered a qualifying tran
- Oct 10, 20263.25%▲ from 0.30%
- Sep 14, 20260.30%first recorded
Balance: $50,000.00 -$75,000.00; Premier Account Rates - Personal Accounts Only; Must open a Premier Checking and maintain a minimum average balance of $5,000.00 to receive this rate; Dividends compounded: Monthly
Balance: $25,000.00 -$50,000.00; Premier Account Rates - Personal Accounts Only; Must open a Premier Checking and maintain a minimum average balance of $5,000.00 to receive this rate; Dividends compounded: Monthly
Balance: $750,000 - $999,999.99; Minimum balance $20,000 to earn stated rate; Rate may change after account is opened
- Oct 13, 20263.05%▲ from 1.85%
- Sep 14, 20261.85%first recorded
Balance: $250,000.00 and over; $1000 to open/HSA Money Market Savings (no minimum)
Balance: up to $1,000.00; Minimum Daily Balance to Avoid Fee: $0; Balances over $1,000.00 earn the regular share rate (0.10% APY/0.10% dividend rate); offer does not apply to checking accounts
Balance: up to $1,000.00; Minimum Daily Balance to Avoid Fee: $0; Balances over $1,000.00 earn the regular share rate (0.10% APY/0.10% dividend rate); offer does not apply to checking accounts
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Watertown, WI Savings Rate Trends
Compare local Watertown, WI savings rate quotes against the statewide average
Daily savings rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Wisconsin high-yield savings rates rose 0.029 points over the past 7 days to 1.624% APY, up from 1.595%.
Wisconsin standard savings rates rose 0.015 points over the past 7 days to 0.305% APY, up from 0.291%.
Watertown, Wisconsin Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current WI high-yield average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Savings account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current WI high-yield savings average of 1.624% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60 to 90 days. High-yield online savings rates tend to adjust faster than standard branch-based savings rates.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in Watertown, Wisconsin.
Savings Account Earnings in Watertown, Wisconsin
Annual interest earnings at current WI average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (1.624% APY) | Monthly Earnings | Standard Savings (0.305% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $81.21 / year | $6.77 | $15.26 / year | $1.27 |
| $10,000 | $162.41 / year | $13.53 | $30.52 / year | $2.54 |
| $25,000 | $406.03 / year | $33.84 | $76.30 / year | $6.36 |
| $50,000 | $812.05 / year | $67.67 | $152.60 / year | $12.72 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: Watertown, Wisconsin savings rate averages as of October 14, 2026. | ||||
About Our Watertown, Wisconsin Savings Rate Database
MonitorBankRates found 6 institutions with branches in Watertown (4 banks, 2 credit unions), plus 18 additional state-chartered and national online institutions available to Watertown residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1 to 5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: Fort Community Credit Union offers a savings account at 5.12% APY. Use the rate table above to compare all current offers in Watertown, Wisconsin.
How to Find the Best Savings Rates in Watertown, Wisconsin
What to compare when shopping for a savings account in Watertown, Wisconsin
To find the best savings APYs in Watertown, Wisconsin, start with credit unions and online-only banks: Watertown, Wisconsin has 17 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.
Always compare the APY (Annual Percentage Yield), not just the interest rate. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current WI high-yield savings average is 1.624% but top local institutions are offering as high as 5.12%, so shopping around pays off.
Unlike a CD, savings account rates are variable. Your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3 to 6 months of expenses in a liquid, FDIC-insured account. Watertown, Wisconsin high-yield savings rates currently average 1.624% APY, far above a typical checking account.
- Short-term savings goals (6 to 24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account at Watertown, Wisconsin institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 24 institutions in Watertown, Wisconsin report savings rates to our database.
- You’re among Watertown, Wisconsin’s 19.6% of residents aged 65+ for whom liquid, accessible savings complement fixed-income holdings.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return Watertown, Wisconsin CD rates
- You want check-writing flexibility Watertown, Wisconsin money market rates
- You need daily transaction access Watertown, Wisconsin checking rates
Watertown, Wisconsin Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
19.6% of residents are 65 or older, in line with the national average of 17.3%. At today’s WI high-yield savings average of 1.624%, saving 10% of the local median salary ($3,643/year) would earn an additional $59 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Watertown, Wisconsin Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Watertown, Wisconsin.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current WI Avg APY | 1.624% | 0.305% | View MMA Rates | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 to $100 | $25 to $100 | $0 to $2,500 | $500 to $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | None, locked for term |
| Best For | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects Watertown, Wisconsin averages tracked in our database as of October 14, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Watertown, Wisconsin
At WI’s top rate of 5.12% from Fort Community Credit Union, a $10,000 deposit earns $512 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Watertown, Wisconsin earner is roughly $9,100. At 1.624% APY, saving $760/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsWisconsin’s high-yield savings average is 1.624% APY, variable and always accessible. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median Watertown, Wisconsin earner makes $36,436/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 1.624% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 1.624% APY grows to roughly $34,504 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Watertown, Wisconsin savings rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Watertown, Wisconsin directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Watertown, Wisconsin. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in WI.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Watertown, Wisconsin
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Watertown, Wisconsin safe?
How often do savings rates change in Watertown, Wisconsin?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Watertown, Wisconsin?
How do I open a savings account in Watertown, Wisconsin?
Best Savings Rates in Watertown, Wisconsin
- Fort Community Credit Union
TBD Savings: 5.12% APY - Bank First, NA
Investment Savings: 3.35% APY - State Bank of Reeseville
IRA Savings: 1.00% APY - Landmark Credit Union WI
Health Savings Account Rate: 0.30% APY - Ixonia Bank
Health Savings Accounts: 0.25% APY
Watertown, Wisconsin Rates & Resources
