TellerScore

Washington Savings Bank (FDIC certificate #90229) is based in Lowell, Massachusetts. Its Q2 2026 call report shows $302.3M in total assets and $249.3M in deposits and 2 offices.

Based on its Q2 2026 filing, Washington Savings Bank scores 62/100, which we describe as moderate. That is higher than only 22% of 2,650 banks with $100 million – $1 billion. Among 92 banks headquartered in Massachusetts, it ranks 56th. Its strongest component is problem-loan coverage (96/100; 2.2%), and its lowest is earnings (29/100; 0.23%).

TellerScore · Q2 2026

Scorecard

Capital cushion46/100
Tier 1 leverage ratio: 9.65%
Loan quality90/100
Noncurrent loans ÷ total loans: 0.29%
Earnings29/100
Return on assets (annualized): 0.23%
Funding & liquidity66/100
Loans ÷ deposits and uninsured-deposit share: 94.4% · 14.9% uninsured
Problem-loan coverage96/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 2.25%

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 4 points (58 → 62), mostly because the funding & liquidity component improved by 8 points.

TellerScore
586062Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
Show as table
QuarterTellerScore
Q2 202462
Q3 202461
Q4 202460
Q1 202559
Q2 202558
Q3 202558
Q4 202560
Q1 202660
Q2 202662
Tier 1 leverage ratio
5.00%7.52%10.03%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202410.03%
Q3 20249.97%
Q4 202410.02%
Q1 20259.91%
Q2 20259.65%
Q3 20259.62%
Q4 20259.65%
Q1 20269.58%
Q2 20269.65%
Noncurrent loans
0.21%0.30%0.38%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.21%
Q3 20240.30%
Q4 20240.34%
Q1 20250.33%
Q2 20250.38%
Q3 20250.38%
Q4 20250.32%
Q1 20260.34%
Q2 20260.29%
Return on assets
0.03%0.13%0.23%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.10%
Q3 20240.06%
Q4 20240.04%
Q1 20250.03%
Q2 20250.07%
Q3 20250.09%
Q4 20250.14%
Q1 20260.16%
Q2 20260.23%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202662$302.3M9.65%0.29%0.23%94.4%
Q1 202660$298.7M9.58%0.34%0.16%97.3%
Q4 202560$305.9M9.65%0.32%0.14%99.2%
Q3 202558$296.8M9.62%0.38%0.09%102.0%
Q2 202558$297.3M9.65%0.38%0.07%102.5%
Q1 202559$293.3M9.91%0.33%0.03%102.9%
Q4 202460$289.7M10.02%0.34%0.04%101.3%
Q3 202461$286.0M9.97%0.30%0.06%99.4%
Q2 202462$285.1M10.03%0.21%0.10%99.4%

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).

Capital ratio9.65%
24th
Total risk-based capital17.87%
81st
Problem loans0.29%
57th
Net charge-offs0.00%
59th
Return on assets0.23%
6th
Net interest margin2.66%
4th
Efficiency ratio90.1%
6th
Loans to deposits94.4%
17th
Uninsured deposits14.9%
82nd
Loan-loss reserves0.65%
6th
Texas ratio2.2%
55th

Similar-size banks in Massachusetts

InstitutionScoreAssetsCapitalProblem loansCompare
Charles River BankBank Medway, MA57 out of 100, Moderate$336.1M7.9%0.47%vs
Marblehead BankBank Marblehead, MA64 out of 100, Moderate$262.5M10.1%0.30%vs
Bank of EastonBank North Easton, MA74 out of 100, Strong$249.0M10.3%0.00%vs
New Valley Bank & TrustBank Springfield, MA32 out of 100, Low$385.0M7.4%2.34%vs
BankGloucesterBank Gloucester, MA30 out of 100, Low$386.9M8.7%2.98%vs
Commonwealth Co-operative BankBank Hyde Park, MA73 out of 100, Strong$205.0M16.3%0.50%vs

Deposit insurance

Is my money safe at Washington Savings Bank?

Yes. Washington Savings Bank is an FDIC-insured institution (FDIC certificate #90229). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 14.9% of deposits ($37.2M) 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 9.65%, above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 17.87% (benchmark: 10%).

Check how much of your own balance is covered

2 locations

Branches

Washington Savings Bank lists 2 offices in 2 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Washington Savings Bank reported 68 home-loan applications under HMDA (LEI 254900ZT04J7Z9KHMJ73): 49 originated ($25,185,000 total), 11 denied, and 6 withdrawn or closed by the applicant. Its denial rate on decided applications was 17.7%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Washington Savings Bank
Type
State-chartered bank (Fed member)
FDIC certificate #
90229
RSSD ID
654300
Primary regulator
FED
Established
April 6, 1892
Headquarters
30 Middlesex St, Lowell, MA 01852
Employees
41

Quick answers

Washington Savings Bank: common questions

Is Washington Savings Bank FDIC insured?

Yes. Washington Savings Bank is an FDIC-insured institution (FDIC certificate #90229). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Washington Savings Bank's TellerScore?

62 out of 100 (Moderate), 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 #90229 in the FDIC failed bank list.

How many branches does Washington Savings Bank have?

2 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Lowell

InstitutionScoreAssetsCapitalProblem loansCompare
Cambridge Municipal Employees Federal Credit UnionCredit union Cambridge, MA97 out of 100, Very strong$10.2M24.8%0.12%vs
Alpha Credit UnionCredit union Boston, MA97 out of 100, Very strong$35.1M18.8%0.14%vs
Fidelity Personal Trust Company, FSBBank Merrimack, NH93 out of 100, Very strong$74.6M101.5%0.00%vs
Cambridge Firefighters Federal Credit UnionCredit union Cambridge, MA92 out of 100, Very strong$14.2M25.8%0.27%vs
Somerville Mass Firefighters Federal Credit UnionCredit union Somerville, MA92 out of 100, Very strong$7.4M19.6%0.00%vs
Billerica Municipal Employees Credit UnionCredit union Billerica, MA91 out of 100, Very strong$23.6M17.8%0.00%vs