The North Country Savings Bank vs Watertown Savings Bank
Comparing a Bank in Canton, NY with a Bank in Watertown, NY using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| The North Country Savings Bank ↗ Bank · Canton, NY · Est. 1909 | Watertown Savings Bank ↗ Bank · Watertown, NY · Est. 1894 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Bank | Bank |
| Location | Canton, NY | Watertown, NY |
| Total assets | $366.0M | $970.2M |
| Capital ratio | 13.5% | 17.9% |
| Return on assets | 1.2% | 1.9% |
| Deposits | $291.9M | $787.9M |
| Branches | 8 | 10 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #4 of 118 | #3 of 118 |
| Established | 1909 | 1894 |
The North Country Savings Bank
- Assets: $366.0M
- Deposits: $291.9M
- Capital ratio: 13.5%
- Return on assets: 1.2%
- CFPB complaints: 0
- State rank: #4 of 118
Watertown Savings Bank
- Assets: $970.2M
- Deposits: $787.9M
- Capital ratio: 17.9%
- Return on assets: 1.9%
- CFPB complaints: 0
- State rank: #3 of 118
Are both institutions federally insured?
Yes. The North Country Savings Bank is FDIC-insured and Watertown Savings Bank is FDIC-insured. Both protect deposits up to $250,000 per depositor, per ownership category, regardless of Trust Grade. The Trust Grade reflects financial strength and complaint history — not the safety of insured deposits. Estimate your coverage →
Frequently asked questions
Which is better, The North Country Savings Bank or Watertown Savings Bank?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — The North Country Savings Bank scores higher with a grade of A (98/100). However, "better" depends on your needs: if you prioritize branch access, local service, or membership eligibility for a credit union, the lower-scoring option may still be the right choice for you.
Is The North Country Savings Bank safe?
Yes — The North Country Savings Bank is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected regardless of the institution's Trust Grade. Its Trust Grade is A (98/100), reflecting its financial strength and complaint history relative to peers.
Is Watertown Savings Bank safe?
Yes — Watertown Savings Bank is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected. Its Trust Grade is A (98/100).
What is the capital ratio of The North Country Savings Bank vs Watertown Savings Bank?
The North Country Savings Bank has a capital ratio of 13.5%, placing it in the top 17% of $100M–1B peers. Watertown Savings Bank's ratio is 17.9%, placing it in the top 5% of $100M–1B peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does The North Country Savings Bank have compared to Watertown Savings Bank?
The CFPB database shows 0 complaints against The North Country Savings Bank, and 0 complaints against Watertown Savings Bank. The per-$1B rate adjusts for institution size and is a more meaningful comparison metric.
How does Bankzia calculate the Trust Grade?
The Trust Grade combines a financial strength score (based on capital ratio, return on assets, and other FDIC/NCUA metrics) with a customer experience score derived from CFPB complaint data. The scores are weighted and normalized within peer groups by institution size and type. See our full methodology for details.
Compare The North Country Savings Bank with other Banks in New York
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is independent and not affiliated with any government agency or financial institution.
