On January 2, 1894, Watertown Savings Bank opened for business in downtown Watertown and grew to over $4 million dollars in assets by the early 1920's. Watertown Savings Bank kept pace with the steady economic increase of the community. Annual growth and an increase in depositors led to the development of more products, services and conveniences while striving to provide a superior level of service to it's customers.
Today, with over $500 million in assets, Watertown Savings Bank remains true to its mission of conducting business in the best interest of the community and the Jefferson County area for the long term.
WSB Municipal Bank, a wholly owned subsidiary of Watertown Savings Bank, provides quality banking products and exceptional service to local cities, towns, villages and school districts to keep their funds invested within Jefferson County. Collateralization for all deposits is provided in accordance with New York State Comptroller guidelines and collateral is held by a third- party custodian.
WSB Municipal Bank offers special products to First Time Home Buyers looking for a Fixed or Adjustable Rate Mortgage. For more information or to speak with one of loan officers, give us a call at (315) 836-8440.
WSB Municipal Bank offers Cash Management services at no cost to Municipalities. These services include ACH Origination, Image Statements, Image CD and Online Banking. Banks user-friendly Online Banking product will allow you to view two-sided images, transfer funds between accounts and communicate directly with the bank in a secure fashion.
