Please beware of fraudulent / scam text messages, emails or phone calls regarding your debit card or bank account. Always call the bank at 815-264-3201 or our debit card provider Shazam at 866-508-2693 to confirm.
Earn more interest and watch your money grow.
With 24/7 online and mobile banking and access to 37,000 fee-free ATM's, you'll always have access to your money.
Learn more about additional benefits for your savings account.
Your accounts at Waterman Bank are insured by the FDIC up to the maximum amount allowed by law.
Mobile check deposit is a quick and convenient way to deposit your paper checks remotely. Instead of taking a trip to the bank, take a picture of the front and back of the check using the Waterman Mobile app.
If you need help, you can stop by one of our locations or give us a call. We will be happy to answer your questions.
The choice is yours.
Bank with a bank that values your money. The Waterman High Yield Savings account pays more interest and does not require a minimum balance to earn APY.
Your money grows safely and is easily accessible when you need it.
Click here to learn more about opening a new account at Waterman Bank.
A Full-service bank at your fingertips.
Learn more about our
Waterman Bank Mobile App here.
A High Yield Savings account is a type of savings account that offers a higher interest rate, but does not provide check writing privileges (see your account disclosure for transaction limitations).
There are several ways to make a deposit:
Yes, this high-yield savings account is FDIC-insured up to the allowable limits.
Yes, you can withdraw money from your Waterman High Yield Savings account at a branch or online by transferring the money (see our “How do I transfer Money” FAQ). To withdraw funds using an ATM you’ll need to first transfer the money into a Waterman checking account
Each month you may make up to six withdrawals or transfers to another account. The receiving account may be at Waterman Bank or another financial institution. “Transfers” includes pre-authorized, automatic, telephone, or online transfers.
Yes, you can add POD (Payable-On-Death) beneficiaries to your account.
At Waterman we believe in serving everyone our communities. We work to understand your needs, and find the right solutions to meet them. Whether your goals are big or small, we are only a phone call away or email.
*Annual Percentage Yield (APY) is accurate as of 3/7/2023 and is subject to change without notice. Fees may reduce the earnings on the account. Limited to $1,000,000.00 per account type per household or controlled entity.
© 2023 Waterman Bank. Routing Number: 071916482 | Privacy Policy | State of Illinois Community Reinvestment Notice
