Headquartered in Effingham, Illinois, Washington Savings Bank is a si with $585.3M in total assets and $504.4M in deposits as of Q2 2026. It operates 4 offices. Its charter dates back to 1883.
Based on its Q2 2026 filing, Washington Savings Bank scores 77/100, which we describe as strong. That is higher than 68% of 2,650 banks with $100 million – $1 billion. Among 326 banks headquartered in Illinois, it ranks 87th. Its strongest component is problem-loan coverage (97/100; 1.6%), and its lowest is earnings (51/100; 0.77%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 8 points (69 → 77), mostly because the earnings component improved by 28 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 68 |
| Q3 2024 | 68 |
| Q4 2024 | 67 |
| Q1 2025 | 70 |
| Q2 2025 | 69 |
| Q3 2025 | 68 |
| Q4 2025 | 70 |
| Q1 2026 | 75 |
| Q2 2026 | 77 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 11.35% |
| Q3 2024 | 11.52% |
| Q4 2024 | 11.83% |
| Q1 2025 | 11.85% |
| Q2 2025 | 11.62% |
| Q3 2025 | 11.57% |
| Q4 2025 | 11.84% |
| Q1 2026 | 11.86% |
| Q2 2026 | 12.07% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.38% |
| Q3 2024 | 0.45% |
| Q4 2024 | 0.76% |
| Q1 2025 | 0.47% |
| Q2 2025 | 0.48% |
| Q3 2025 | 0.56% |
| Q4 2025 | 0.49% |
| Q1 2026 | 0.38% |
| Q2 2026 | 0.29% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.10% |
| Q3 2024 | 0.13% |
| Q4 2024 | 0.13% |
| Q1 2025 | 0.18% |
| Q2 2025 | 0.06% |
| Q3 2025 | 0.18% |
| Q4 2025 | 0.31% |
| Q1 2026 | 0.71% |
| Q2 2026 | 0.77% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 77 | $585.3M | 12.07% | 0.29% | 0.77% | 69.9% |
| Q1 2026 | 75 | $605.0M | 11.86% | 0.38% | 0.71% | 67.4% |
| Q4 2025 | 70 | $586.2M | 11.84% | 0.49% | 0.31% | 67.8% |
| Q3 2025 | 68 | $578.3M | 11.57% | 0.56% | 0.18% | 68.5% |
| Q2 2025 | 69 | $585.5M | 11.62% | 0.48% | 0.06% | 64.6% |
| Q1 2025 | 70 | $580.6M | 11.85% | 0.47% | 0.18% | 65.6% |
| Q4 2024 | 67 | $566.9M | 11.83% | 0.76% | 0.13% | 66.7% |
| Q3 2024 | 68 | $596.1M | 11.52% | 0.45% | 0.13% | 64.7% |
| Q2 2024 | 68 | $579.3M | 11.35% | 0.38% | 0.10% | 68.3% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Illinois
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Peoples National Bank of KewaneeBank Kewanee, IL | 48 out of 100, Below average | $587.6M | 10.9% | 6.15% | vs |
| FNBC Bank & TrustBank La Grange, IL | 77 out of 100, Strong | $581.6M | 10.0% | 0.04% | vs |
| Bank of BellevilleBank Belleville, IL | 47 out of 100, Below average | $562.9M | 8.4% | 2.02% | vs |
| The Fairfield National BankBank Fairfield, IL | 65 out of 100, Moderate | $620.9M | 11.9% | 1.51% | vs |
| The First National Bank of CarmiBank Carmi, IL | 75 out of 100, Strong | $622.2M | 11.4% | 0.35% | vs |
| Lisle Savings BankBank Lisle, IL | 80 out of 100, Strong | $544.5M | 26.1% | 0.95% | vs |
Deposit insurance
Is my money safe at Washington Savings Bank?
Yes. Washington Savings Bank is an FDIC-insured institution (FDIC certificate #29227). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 17.6% of deposits ($88.7M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 12.07%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 19.92% (benchmark: 10%).
4 locations
Branches
Washington Savings Bank lists 4 offices in 2 cities. Most locations:
- Effingham, IL (2)
- Mattoon, IL (2)
Identity & history
Profile
- Legal name
- Washington Savings Bank
- Former names
- The Washington Savings and Loan Association
- Type
- SI
- FDIC certificate #
- 29227
- RSSD ID
- 790271
- Primary regulator
- FDIC
- Holding company
- Washington Savings Mhc
- Established
- January 1, 1883
- Headquarters
- 200 S Banker St, Effingham, IL 62401
- Website
- www.washingtonsavings.net
- Employees
- 69
Quick answers
Washington Savings Bank: common questions
Is Washington Savings Bank FDIC insured?
Yes. Washington Savings Bank is an FDIC-insured institution (FDIC certificate #29227). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Washington Savings Bank's TellerScore?
77 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Washington Savings Bank ever failed?
There is no failure record for FDIC certificate #29227 in the FDIC failed bank list.
How many branches does Washington Savings Bank have?
4 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Effingham
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Teutopolis State BankBank Teutopolis, IL | 97 out of 100, Very strong | $358.5M | 14.7% | 0.00% | vs |
| Effingham Highway Credit UnionCredit union Effingham, IL | 94 out of 100, Very strong | $5.9M | 19.8% | 0.00% | vs |
| Crossroads BankBank Effingham, IL | 93 out of 100, Very strong | $234.7M | 16.0% | 0.06% | vs |
| First State Bank of Beecher CityBank Beecher City, IL | 88 out of 100, Very strong | $112.2M | 16.0% | 0.81% | vs |
| First State Bank of St. PeterBank Saint Peter, IL | 83 out of 100, Strong | $30.1M | 18.5% | 1.71% | vs |
| The Peoples State Bank of Newton, IllinoisBank Newton, IL | 81 out of 100, Strong | $736.7M | 13.5% | 0.54% | vs |