WSB Municipal Bank is a state-chartered bank headquartered in Watertown, New York, in business for about 113 years. At the end of Q2 2026 it reported $152.3M in total assets and $98.5M in deposits, with 1 office.
Based on its Q2 2026 filing, WSB Municipal Bank scores 93/100, which we describe as very strong. That is higher than 98% of 2,650 banks with $100 million – $1 billion. Among 121 banks headquartered in New York, it ranks 3rd. Its strongest component is capital cushion (100/100; 15.23%), and its lowest is funding & liquidity (50/100; 0% loans-to-deposits, 72% uninsured).
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 9 points (84 → 93), mostly because the earnings component improved by 21 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 74 |
| Q3 2024 | 74 |
| Q4 2024 | 77 |
| Q1 2025 | 82 |
| Q2 2025 | 84 |
| Q3 2025 | 86 |
| Q4 2025 | 90 |
| Q1 2026 | 92 |
| Q2 2026 | 93 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 12.26% |
| Q3 2024 | 12.25% |
| Q4 2024 | 12.68% |
| Q1 2025 | 13.33% |
| Q2 2025 | 13.64% |
| Q3 2025 | 13.83% |
| Q4 2025 | 14.56% |
| Q1 2026 | 14.89% |
| Q2 2026 | 15.23% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.00% |
| Q3 2024 | 0.00% |
| Q4 2024 | 0.00% |
| Q1 2025 | 0.00% |
| Q2 2025 | 0.00% |
| Q3 2025 | 0.00% |
| Q4 2025 | 0.00% |
| Q1 2026 | 0.00% |
| Q2 2026 | 0.00% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.73% |
| Q3 2024 | 0.77% |
| Q4 2024 | 0.90% |
| Q1 2025 | 1.35% |
| Q2 2025 | 1.49% |
| Q3 2025 | 1.62% |
| Q4 2025 | 1.78% |
| Q1 2026 | 2.01% |
| Q2 2026 | 2.37% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 93 | $152.3M | 15.23% | 0.00% | 2.37% | 0.0% |
| Q1 2026 | 92 | $158.0M | 14.89% | 0.00% | 2.01% | 0.0% |
| Q4 2025 | 90 | $153.1M | 14.56% | 0.00% | 1.78% | 0.0% |
| Q3 2025 | 86 | $152.6M | 13.83% | 0.00% | 1.62% | 0.0% |
| Q2 2025 | 84 | $150.5M | 13.64% | 0.00% | 1.49% | 0.0% |
| Q1 2025 | 82 | $153.7M | 13.33% | 0.00% | 1.35% | 0.0% |
| Q4 2024 | 77 | $148.8M | 12.68% | 0.00% | 0.90% | 0.0% |
| Q3 2024 | 74 | $150.2M | 12.25% | 0.00% | 0.77% | 0.0% |
| Q2 2024 | 74 | $147.2M | 12.26% | 0.00% | 0.73% | 0.0% |
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 New York
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Eastbank, National AssociationBank New York, NY | 82 out of 100, Strong | $153.0M | 23.0% | 0.00% | vs |
| The Putnam County National Bank of CarmelBank Carmel, NY | 83 out of 100, Strong | $182.7M | 26.8% | 0.48% | vs |
| Maple City Savings Bank, FSBBank Hornell, NY | 55 out of 100, Moderate | $121.8M | 9.5% | 1.44% | vs |
| Bank of RichmondvilleBank Cobleskill, NY | 77 out of 100, Strong | $185.9M | 11.5% | 0.18% | vs |
| Savannah Bank National AssociationBank Savannah, NY | 66 out of 100, Moderate | $187.2M | 8.9% | 0.23% | vs |
| First Federal Savings of MiddletownBank Middletown, NY | 89 out of 100, Very strong | $188.0M | 36.9% | 0.00% | vs |
Deposit insurance
Is my money safe at WSB Municipal Bank?
Yes. WSB Municipal Bank is an FDIC-insured institution (FDIC certificate #7274). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 71.6% of deposits ($70.5M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 15.23%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).
1 location
Branches
WSB Municipal Bank lists 1 office in 1 city. Most locations:
- Watertown, NY (1)
Identity & history
Profile
- Legal name
- WSB Municipal Bank
- Former names
- The Redwood National Bank; Redwood Bank
- Type
- State-chartered bank
- FDIC certificate #
- 7274
- RSSD ID
- 858818
- Primary regulator
- FDIC
- Established
- April 24, 1913
- Headquarters
- 111 Clinton St, Watertown, NY 13601
- Website
- www.watertownsavingsbank.com
Quick answers
WSB Municipal Bank: common questions
Is WSB Municipal Bank FDIC insured?
Yes. WSB Municipal Bank is an FDIC-insured institution (FDIC certificate #7274). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is WSB Municipal Bank's TellerScore?
93 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has WSB Municipal Bank ever failed?
There is no failure record for FDIC certificate #7274 in the FDIC failed bank list.
How many branches does WSB Municipal Bank have?
1 office as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Watertown
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Watertown Postal Federal Credit UnionCredit union Watertown, NY | 94 out of 100, Very strong | $5.7M | 14.4% | 0.00% | vs |
| GS&L Municipal BankBank Gouverneur, NY | 92 out of 100, Very strong | $31.6M | 44.5% | 0.00% | vs |
| Sea Comm Federal Credit UnionCredit union Massena, NY | 89 out of 100, Very strong | $777.3M | 18.0% | 0.63% | vs |
| Watertown Savings BankBank Watertown, NY | 79 out of 100, Strong | $971.0M | 17.6% | 1.95% | vs |
| Carthage Savings and Loan, National AssociationBank Carthage, NY | 77 out of 100, Strong | $312.1M | 12.9% | 0.32% | vs |
| Gouverneur Savings and Loan AssociationBank Gouverneur, NY | 74 out of 100, Strong | $198.9M | 14.5% | 1.00% | vs |