Waterstone Bank, Ssb
FDIC #28513
📍 Wauwatosa, Wisconsin
Waterstone Bank, Ssb is a commercial bank (si) established in 01/01/1921. With assets of $2.22 Billion, it operates 16 domestic branches.
Customer Reviews
1 ★
Based on 1 ratings
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★☆☆☆☆ Julie S
November 22, 2021
I had been in contact with [-] West [-] branch to close out [-] father’s accounts after his death. Some speed bumps along [-] way and I have been patient. I arrived for [-] final signing today and they are “short staffed” and [-] entire process has taken over 3 HOURS. Other customers arrive and are taken care of before [-] transactions were processed. [-] entire branch is run in skin and bones. I was going ti transfer all of [-] accounts here but not after today.
Community Reinvestment Act (CRA) Rating
Latest Exam: May 1, 2022
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
May 1, 2022
Satisfactory
June 1, 2019
Satisfactory
August 1, 2016
Satisfactory
💰 Financial Strength
Total Assets$2.22 Billion
Total Deposits$1.27 Billion
Equity Capital$314.37 Million
Net Income$9.12 Million
📈 Performance
ROA0.57%
ROE3.83%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1921
FDIC Cert28513
Holding CoWaterstone Financial Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 4:30 PM
Tuesday9:00 AM - 4:30 PM
Wednesday9:00 AM - 4:30 PM
Thursday9:00 AM - 4:30 PM
Friday9:00 AM - 4:30 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2009
Name Change
Name became: Changed Institution Name To Waterstone Bank, Ssb.
2005
Relocation
Moved HQ to: 11200 West Plank Court, Wauwatosa, WI 53226.
1999
Name Change
Name became: Changed Institution Name To Wauwatosa Savings Bank.