Company Information

Get to know Watertown Savings Bank - Watertown, NY

Founded in 1893, Watertown Savings Bank (WSB) is a mutual savings bank, meaning it is owned by its depositors rather than stockholders. This structure allows the bank to focus on the long-term interests of its customers and the communities it serves. WSB has a long history of providing a full range of financial services, including personal and business banking, mortgage and consumer loans, and investment services, all while emphasizing local decision-making and community involvement throughout the North Country region of New York.

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Financial BankingPRIMARY
Financial Other Service

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Watertown Savings Bank - Watertown, NY

United States

Founded in

1894 (132 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)

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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.