Washington Savings Bank
- Bank Name:Washington Savings Bank
- Bank Class:Stock and Mutual Savings Bank
- Member FDIC:Certificate #29227
- Routing Number:ACH & Wire - 281271014
- Locations:5 Branches in Illinois
- Web Address:washingtonsavings.net
Washington Savings Bank Information
Washington Savings Bank was founded in January 1883 and is based in Effingham, Illinois. The bank operates as a subsidiary of Washington Savings Mhc. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Washington Savings Bank is classified as a FDIC insured stock and mutual savings bank. Washington Savings Bank is a FDIC-insured bank with certificate number of 29227. The assigned Fed RSSD ID of Washington Savings Bank is 790271.
Washington Savings Bank currently operates with 5 branches located in Illinois. Washington Savings Bank is the 121st largest bank in Illinois. The bank does not have any offices outside Illinois.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Washington Savings Bank is 281271014. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 200 South Banker Street, Effingham, IL 62401. You can visit the official website of the bank at https://www.washingtonsavings.net for more information and online banking service if available. For a comprehensive list of Washington Savings Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
Bank Offices In Illinois
History Of Washington Savings Bank
Washington Savings Bank is a financial institution that was established in 1883 under the name The Washington Savings and Loan Association. Over the years, the bank has undergone several organizational changes and acquisitions. In 1992, it rebranded to Washington Savings Bank and transitioned from a mutual savings bank to a stock savings bank. The same year, the bank changed its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC). In 2015, Washington Savings Bank acquired First Federal Savings and Loan Association of Mattoon, also located in Mattoon, Illinois, and expanded its trust powers to full status. Continuing its growth strategy, the bank acquired The First National Bank of Mattoon on August 20, 2021. Throughout its history, Washington Savings Bank has adapted to changes in the banking industry while serving the financial needs of its community.
Below is a list of some important events in bank's history, including mergers and acquisitions.
08-20-2021Acquired The First National Bank (3817) in Mattoon, IL.
10-01-2015Changed Trust Powers to Full.
10-01-2015Acquired First Federal Savings and Loan Association of Mattoon in Mattoon, IL.
09-23-2015Changed Organization Type to Stock Savings Bank.
10-01-1992Changed Institution Name to Washington Savings Bank.
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