Waterstone Bank CD Rates

Waterstone Bank offers its members the best bank mortgage products, unbeatable home equity products, checking, savings, and certificates of deposits as well as money market, and IRA accounts. Businesses will also appreciate their commercial loans and business banking products.

To practically explain the significance of Waterstone Bank CD Rates, here is the quick elaboration depicted next;

Waterstone Bank CD Rates Offers

The most authentic Cd rates offered by Waterstone Bank are;

9-Month CD Special

• Term: 9 months
• APY: 5.00%
• Minimum Deposit: $5,000
• Maximum Deposit: $250,000
• Considerations: Offer applies to funds not currently on deposit at WaterStone Bank, SSB.

Pros & Cons

19-Month CD Special

• Term: 19 months
• APY: 4.75%
• Minimum Deposit: $5,000
• Maximum Deposit: $250,000
• Considerations: Offer applies to funds not currently on deposit at WaterStone Bank, SSB.

Pros & Cons

6-Month CD

• Term: 6 months
• APY: 0.15%
• Minimum Deposit: $5,000
• Maximum Deposit: $50,000
• Considerations: Funds must be new to the bank.

Pros & Cons

12-Month CD

• Term: 12 months
• APY: 0.25%
• Minimum Deposit: $5,000
• Considerations: No specific mention of time-limited offers or restrictions.

Pros & Cons

Are Waterstone Bank CD Rates Competitive?

WaterStone Bank, SSB, offers competitive CD rates with a range of terms catering to different investment preferences.

The 9-month CD Special boasts a competitive 5.00% APY, coupled with a relatively low minimum deposit requirement of $5,000 and a maximum deposit cap of $250,000.

The 19-month CD Special enhances the offering with a slightly higher 4.75% APY, maintaining the accessible minimum and maximum deposit limits.

While the limited availability may pose a challenge, the terms provide an attractive opportunity for those seeking short to medium-term investments with favorable returns.

WaterStone Bank’s CD rates demonstrate competitiveness in the market, appealing to individuals looking for secure and rewarding investment options within specified timeframes.

Overview Waterstone Bank

Waterstone Bank was first established back in 1921. Since then Waterstone Bank has served many local communities as a well-established institution. 

Waterstone Bank is known for its tradition of stability and its continuous involvement in the community. It is also known for its great customer service.

Note that Waterstone Bank did go through a rebranding. You may have known Waterstone Bank to be formerly known as Wauwatosa Savings Bank. Although its name has changed, its service to its members has not. There is a reason why people keep coming back to Waterstone Bank.

To access Waterstone Bank’s CD rates, you must be a member of Waterstone Bank. Joining the Waterstone Bank family does not take a lot of time and can be done either in person or on the phone. For more details, please check below:

• By phone:
  • 24-hour Telephone Banking (512) 532-1146 or (512) 532-1146
• In-person: Please check out their available locations on their website.

Monday – Friday:

8:30 AM to 5:30 PM

Availability

In order to access Waterstone Bank’s CD rates, you must be a member of Waterstone Bank. Joining the Waterstone Bank family does not take a lot of time and can be done either in person or on the phone. For more details, please check below:

• By phone:
  • 24-hour Telephone Banking (512) 532-1146 or (512) 532-1146
• In-person: Please check out their available locations on their website.

Monday – Friday:

8:30 AM to 5:30 PM

Saturday:

Locations Waterstone Bank 

Waterstone Bank currently does not have any branch locations in California. It has offices throughout the state of Milwaukee. If you would like to see the locations of their current branches you can do so on the Waterstone Bank’s website.

Frequently Asked Questions