WASHINGTON SAVINGS BANK
EFFINGHAM, ILLINOIS · FDIC Cert #29227
Capital & Safety Analysis
According to FDIC financial data, WASHINGTON SAVINGS BANK holds a Tier 1 capital ratio of 18.94%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning WASHINGTON SAVINGS BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
WASHINGTON SAVINGS BANK shows strong financial health indicators. With $579M in assets and a Health Score of 90/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
WASHINGTON SAVINGS BANK has a Bank Health Score of A (90/100). It holds a Tier 1 capital ratio of 18.94%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
WASHINGTON SAVINGS BANK holds $579M in total assets and $493M in total deposits. It is located in EFFINGHAM, ILLINOIS (FDIC Certificate #29227).
WASHINGTON SAVINGS BANK has a Tier 1 capital ratio of 18.94%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.38%, and the return on assets is 0.11%.
Yes. WASHINGTON SAVINGS BANK is FDIC-insured (Certificate #29227). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.