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Washington Savings Bank

✓ FDIC-insured · Active FDIC Certificate #29227

Washington Savings Bank is an FDIC-insured state-chartered savings institution, headquartered in Effingham, Illinois, established in 1883. As of the 06/30/2026 FDIC call report, it reported $585M in total assets and $504M in deposits. FDIC location data lists 4 offices in Illinois. The FDIC classifies it as a community bank. It is owned by the holding company WASHINGTON SAVINGS MHC (Effingham, IL).

Total assets
$585M
Total deposits
$504M
Offices
4
Return on assets
0.77%

Financial data as of the 06/30/2026 FDIC call report.

Where it operates

All 4 of Washington Savings Bank's FDIC-listed offices are in Illinois. Browse banks in Effingham for other local options.

Branch locations

Washington Savings Bank
Broadway Banking Center · Full Service - Brick And Mortar
1117 Broadway Ave E
Mattoon, IL 61938
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Washington Savings Bank
Mattoon Branch · Full Service - Brick And Mortar
1111 Charleston Ave
Mattoon, IL 61938
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Washington Savings Bank
Washington Savings Bank · Full Service - Brick And Mortar
200 S Banker St
Effingham, IL 62401
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Washington Savings Bank
Keller Drive Branch · Full Service - Brick And Mortar
1300 N Keller Dr
Effingham, IL 62401
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Holding company: WASHINGTON SAVINGS MHC

The FDIC lists WASHINGTON SAVINGS MHC, based in Effingham, IL, as the top holding company for Washington Savings Bank. The FDIC shows no other active insured banks under the same holding company.

Similar-size banks in Illinois

Active FDIC-insured banks headquartered in Illinois with total assets closest to Washington Savings Bank's $585M. See all banks in Illinois.

BankHQ cityAssetsOffices
MidAmerica National BankCanton$685M6
Constitution Bank, National AssociationHillsboro$683M14
Apple River State BankApple River$675M8
Peoples Bank & TrustPana$657M14
First Eagle BankChicago$650M2
Stillman BancCorp N.A.Stillman Valley$646M6
Legence BankEldorado$643M11
Bank & Trust CompanyLitchfield$641M11

Washington Savings Bank: common questions

Is Washington Savings Bank FDIC-insured?

Yes. Washington Savings Bank is an active FDIC-insured institution, FDIC Certificate #29227. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.

Where is Washington Savings Bank headquartered?

Washington Savings Bank is headquartered at 200 S Banker St, Effingham, IL 62401, according to FDIC records.

How many branches does Washington Savings Bank have?

FDIC location data lists 4 offices for Washington Savings Bank, all in Illinois.

Who owns Washington Savings Bank?

The FDIC lists WASHINGTON SAVINGS MHC of Effingham, IL as the top holding company for Washington Savings Bank.

Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.