Company Information

Get to know Watertown Savings Bank, MA

Founded in 1870, Watertown Savings Bank (WSB) is a mutual savings bank dedicated to serving the financial needs of its community. As a mutual institution, it is owned by its depositors, not stockholders, allowing it to focus on customer service and community reinvestment. The bank provides a comprehensive suite of financial products, including personal and business checking and savings accounts, mortgage and consumer loans, and wealth management services, primarily to individuals and businesses in Watertown and surrounding Massachusetts communities.

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Financial BankingPRIMARY
Financial Other Service

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Watertown Savings Bank, MA

United States

Founded in

10 Nov 1870 (155 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

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Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.