Watertown Savings Bank is a bank based in Watertown, New York, established in 1894, with $970 million in total assets across 10 branches. By Trust Grade it ranks 3rd of 118 banks we track in New York. Its capital ratio of 17.9% is stronger than 95% of similarly sized banks, versus a New York median of 10.4%. It was profitable over the most recent period, with a 1.89% return on assets. No consumer complaints against Watertown Savings Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Watertown Savings Bank compares to New York peers
How we graded Watertown Savings Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (17.9% capital ratio)
- Strongly profitable (ROA 1.89%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Watertown Savings Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (10)
- 111 Clinton St, Watertown, NY 13601
- 4 Market St, Alexandria Bay, NY 13607
- 1816 State Street, Watertown, NY 13601
- 10729 Us Route 11, Adams, NY 13605
- 101 Commerce Park Dr, Watertown, NY 13601
- 140 Clinton St, Watertown, NY 13601
- 100 West Main Street, Sackets Harbor, NY 13685
- 352 James St, Clayton, NY 13624
- 12221 Nys Route 12e, Chaumont, NY 13622
- 111 Clinton St, Watertown, NY 13601
Are deposits at Watertown Savings Bank insured?
Yes. Watertown Savings Bank is an FDIC-insured bank (FDIC certificate #15990). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Watertown Savings Bank: frequently asked questions
Is Watertown Savings Bank a good bank?
Watertown Savings Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (17.9% capital ratio); Strongly profitable (ROA 1.89%).
Is Watertown Savings Bank FDIC-insured?
Yes. Watertown Savings Bank is a FDIC-insured bank (FDIC certificate #15990). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Watertown Savings Bank?
Watertown Savings Bank holds $970 million in total assets, ranking 3rd of 118 banks we track in New York. It operates 10 branches.
Does Watertown Savings Bank have CFPB complaints?
No CFPB complaints against Watertown Savings Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
