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The Port Washington State Bank savings, CD and money market rates

By Aviel FahlFDIC insured · Cert 8698Assets $1.0B (Q2 2026)Newest reading Sep 9, 2026

The Port Washington State Bank advertises 0.01% APY on its Regular Savings account. That is 0.37 percentage points below the national savings average of 0.38% (FDIC, Aug 2026).

Ranked #1131 of 1133 tracked savings rates by advertised APY. For a $10,000 balance it would rank #1095.

Estimate your earnings·What The Port Washington State Bank actually pays

Key facts

The Port Washington State Bank at a glance

Savings
Top savings APY0.01% · Regular Savings
Minimum to open$1 · Regular Savings
Against the national average0.37 percentage points below the 0.38% FDIC savings average (Aug 2026)
CDs
Top CD APY3.82% · 9 months · 9-Month CD Special
Minimum to open$1,000 · 9 months CD
Money market
Top money market APY2.53% · Relationship Money Market Account · needs at least $250,000 · checking account required
Minimum to open$25,000 · Relationship Money Market Account
Against the national average1.90 percentage points above the 0.63% FDIC money market average (Aug 2026)
The Port Washington State Bank bank facts
FDIC certificate8698 · Port Washington, WI
Websitewww.pwsb.bank
Branches8 branches in WI
AvailabilityAvailable in WI
Rates

The Port Washington State Bank savings, CD and money market rates

Personal

2.53% APY
Relationship Money Market Account
Needs at least $250,000
$25,000 minimum

How the rate applies

0.35% APY on balances $0 - $24,999.99
0.70% APY on balances $25,000 - $99,999.99
1.71% APY on balances $100,000 - $249,999.99
2.53% APY on balances $250,000+
Observed on the bank's site, Sep 9, 2026
0.35% APY
Premium Money Market Account
Needs at least $10,000
$10,000 minimum

How the rate applies

0.10% APY on balances $0 - $9,999.99
0.35% APY on balances $10,000+
Observed on the bank's site, Sep 9, 2026
Up to0.32% APY
Health Savings Account
Health Savings (HSA)
Needs at least $15,000
$25 minimum

How the rate applies

0.02% APY on balances $0 - $499.99
0.12% APY on balances $500 - $4,999.99
0.22% APY on balances $5,000 - $14,999.99
0.32% APY on balances $15,000+
Observed on the bank's site, Sep 9, 2026
0.10% APY
Money Market Account
Needs at least $1,000
$1,000 minimum

How the rate applies

0.01% APY on balances $0 - $999.99
0.10% APY on balances $1,000+
Observed on the bank's site, Sep 9, 2026
0.01% APY
Holiday Savings
Club Savings
$1 minimum
Observed on the bank's site, Sep 9, 2026
0.01% APY
Youth Savings
Youth Savings
$1 minimum
Observed on the bank's site, Sep 9, 2026
0.01% APY
Regular Savings
$1 minimum
Observed on the bank's site, Sep 9, 2026
3.82% APY
Highest CD · 9 months
$1,000 minimum
Observed on the bank's site, Sep 9, 2026

IRA

3.55% APY
Highest CD · 24 months
$1 minimum
Observed on the bank's site, Sep 9, 2026

Rates are . The national savings average is 0.38% (FDIC, Aug 2026). The top tracked savings rate on Banksparency is 5.50%. Across 60 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.50%, and one account in ten advertises 4.01% or more. See the highest savings rates.

The Port Washington State Bank CD rates

TermAPYMinimumProduct
Personal CDs
3 months0.50%$1,00090 Day CD
6 months0.75%$1,000182 Day CD
9 months3.82%$1,0009-Month CD Special
12 months2.25%$1,0001 Year CD
18 months3.56%$1,00018-Month CD Special
24 months2.25%$1,0002 Year CD
36 months2.25%$1,0003 Year CD
48 months2.25%$1,0004 Year CD
60 months2.25%$1,0005 Year CD
IRA CDs
12 months2.15%$11 Year IRA
24 months3.55%$12 Year IRA
36 months2.15%$13 Year IRA
48 months2.15%$14 Year IRA
60 months2.15%$15 Year IRA

Interactive Tool

Calculate Savings for The Port Washington State Bank

All calculations are based on APY.

$
$
Frequency
Tiered rates: 0.02% to 0.32% APY across 4 balance tiers.
0.02% APY on balances $0 - $499.99
0.12% APY on balances $500 - $4,999.99
0.22% APY on balances $5,000 - $14,999.99
0.32% APY on balances $15,000+

Savings Breakdown

  • Interest Earned
    +$77.60(0.6%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $1,000

Projected Balance

$14,077.60

Effective APY
0.21%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

What The Port Washington State Bank pays on deposits

FDIC call report data

An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.

1.69%
Q2 2026 ·
0.01% APY
As observed Sep 9, 2026

The two figures answer different questions, so they sit side by side and are not combined.

In Q2 2026, The Port Washington State Bank paid a higher average rate on savings and money market deposits than 59% of banks that reported a figure (3,938 banks; FDIC call report). The all-bank median was 1.45%.

2.17%
Q2 2026 ·
$927M
Total deposits
Q2 2026
21.8%
Q2 2026
$1.0B
Total assets
Q2 2026
  • The Port Washington State Bank, savings and money market
  • All-bank median
Average annualized rate paid on savings and money market deposits, quarterly, Q2 2025 to Q2 2026. A suppressed quarter breaks the line; nothing is interpolated.
How to read these figures

What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.

The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.

What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.

Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.

What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.

What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.

What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.

Definitions: · · · ·

Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the 3,938 banks that reported a figure for the quarter ending June 30, 2026.

Fine print

So what is the catch?

ProductAPYBalance capMonthly feeRequirementsRate type12-mo trend
Health Savings Account0.32%$25$0Nonenot statedNoneTiered
Holiday Savings0.01%$1$0Nonenot statedNoneOne rate
Youth Savings0.01%$1$0Nonenot statedNoneOne rate
Regular Savings0.01%$1$0None$5.00 if the balance falls below $200.00 any day of the cycle, or if you do not transfer $20.00 each month to this account. The monthly service charge will be waived if you are under 25 years of age.NoneOne rate
Relationship Money Market Account2.53%$25,000$0None$12.00 (waived if minimum balance maintained)Checking accountTiered
Premium Money Market Account0.35%$10,000$0None$8.00 (waived if minimum balance maintained)NoneTiered
Money Market Account0.10%$1,000$0None$6.00 (waived if minimum balance maintained)NoneTiered

Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.

The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.

CDs

ProductTermAPY
Personal CDs
90 Day CD3 months0.50%$1,000not statednot stated
182 Day CD6 months0.75%$1,000not statednot stated
9-Month CD Special9 months3.82%$1,000not statednot stated
1 Year CD12 months2.25%$1,000not statednot stated
18-Month CD Special18 months3.56%$1,000not statednot stated
2 Year CD24 months2.25%$1,000not statednot stated
3 Year CD36 months2.25%$1,000not statednot stated
4 Year CD48 months2.25%$1,000not statednot stated
5 Year CD60 months2.25%$1,000not statednot stated
IRA CDs
1 Year IRA12 months2.15%$1not statednot stated
2 Year IRA24 months3.55%$1not statednot stated
3 Year IRA36 months2.15%$1not statednot stated
4 Year IRA48 months2.15%$1not statednot stated
5 Year IRA60 months2.15%$1not statednot stated
Practicalities

Opening and using the account

AvailabilityAvailable in WI
Footprint8 branches in WI
Eligibilitynot stated
Behavior

How The Port Washington State Bank behaves over time

Every observation of the advertised Regular Savings rate in the last 12 months was 0.01% (observed through Sep 9, 2026). The series includes promotional tiers where one applied.

Regular Savings
The same as 7 days ago.
9 months CD
The same as 7 days ago.
Relationship Money Market Account
The same as 7 days ago.
Rate last changed
Aug 25, 2026(effective date)

$10,000 at the 0.01% APY The Port Washington State Bank advertises on Regular Savings grows to $10,001 in a year. Prices rose 3.4% in the year to July 2026 (). After a year of prices rising at that pace, it buys as much as $9,676 does today. See how the federal funds rate shapes savings rates.

The Port Washington State Bank CD rates over time

Not enough rate history to show a chart. We have CD rates for this bank from one day only. The chart shows when we collect more data.
Identity

Who is The Port Washington State Bank?

HeadquartersPort Washington, WI
Founded1899
Scale$1.0B assets · $927M deposits, $724M of it interest-bearing (Q2 2026, FDIC)
Deposit insuranceFDIC insured · Certificate 8698

Financial detail is in What The Port Washington State Bank pays on deposits above.

FAQ

Common questions about The Port Washington State Bank

Is The Port Washington State Bank FDIC insured?

Yes. The Port Washington State Bank is FDIC insured under certificate 8698, so deposits are covered up to $250,000 per depositor, per ownership category.

What is the minimum deposit at The Port Washington State Bank?

The Port Washington State Bank requires a minimum deposit of $1 to open its Regular Savings account, as observed on Sep 9, 2026. Check the bank's current terms before you open an account.

Does The Port Washington State Bank have branches?

Yes. The Port Washington State Bank operates 8 branches according to FDIC branch records, in addition to its website and mobile apps.

Compare

The Port Washington State Bank against its closest alternatives

BankSavings APY (Q2 2026)Min depositBranches
The Port Washington State Bank2.53%1.69%$25,0008 branches in WI
Ambler Savings Bank1.25%1.59%$507 branches in PA
Compass Savings Bank0.30%not stated$251 branch in PA
Farmers and Merchants Bank0.50%3.09%$512 branches in NE

Alternatives are the three tracked banks whose highest savings APY is closest to The Port Washington State Bank's.

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Rate hubs: today's highest savings rates, CD rates by term, and money market rates.

Rate data is for informational purposes. Banksparency records rates as observed on each bank's website; a change may have occurred before the date it was observed. Verify current rates with the bank before you open an account. FDIC figures come from quarterly call reports, as reported; they may be amended. Banksparency applies identical methodology to affiliate and non-affiliate banks. How Banksparency tracks rates