Deposit Rates at Washington Trust
Promotional Certificates of Deposit*
| Promotional Product* | Interest Rate | APY | Open Online |
|---|---|---|---|
| 11 Month CD1 | 4.91% | 5.00% | Open Account |
| 20 Month Flexible CD2 | 3.94% | 4.00% | Open Account |
| Choose Your Term (91D – 1YR) | 2.97% | 3.00% | |
| Choose Your Term (1YR – 5YR) | 3.46% | 3.50% |
All rates effective as of December 11, 2023
*All Promotional CDs are New Money required unless otherwise stated.
- Freedom Ultra customers are eligible to use existing funds, see branch for details.
- Available through online account opening only.
Certificates of Deposit
| Product* | Interest Rate | APY** |
|---|---|---|
| 91 Days | 0.10% | 0.10% |
| 6 Months | 0.10% | 0.10% |
| 12 Months | 0.10% | 0.10% |
| 18 Months | 0.15% | 0.15% |
| 24 Months | 0.20% | 0.20% |
| 36 Months | 0.45% | 0.45% |
| 48 Months | 0.65% | 0.65% |
| 60 Months | 0.75% | 0.75% |
Freedom Plus Checking customers receive an extra 0.25% APY on the above rates.
All rates effective as of December 11, 2023
*Minimum balance to earn stated APY $.01
*Minimum deposit to open account is $500.00
**Annual Percentage Yield
A penalty may be imposed for early withdrawal. Fees may reduce earnings.
Money Markets, Checking, and Savings Accounts
| Product | Interest Rate | APY* | Min. to Open the Account |
|---|---|---|---|
| Simply Free Checking | |||
| $4,999.99 and under | 0.00% | 0.00% | $25.00 |
| $5,000.00 and over | 0.01% | 0.01% | $25.00 |
| Freedom Checking | |||
| $4,999.99 and under | 0.00% | 0.00% | $25.00 |
| $5,000.00 and over | 0.01% | 0.01% | $25.00 |
| Freedom Plus Checking | |||
| $1,499.99 and under | 0.00% | 0.00% | $25.00 |
| $1,500.00 and over | 0.05% | 0.05% | $25.00 |
| Under $1,499.99 | 0.00% | 0.00% | $25.00 |
| $1,500.00 - $9,999.99 | 0.10% | 0.10% | $25.00 |
| $10,000.00 - $24,999.99 | 0.10% | 0.10% | $25.00 |
| $25,000.00 - $49,999.99 | 0.10% | 0.10% | $25.00 |
| $50,000.00 - $99,999.99 | 0.10% | 0.10% | $25.00 |
| $100,000.00 and over | 0.10% | 0.10% | $25.00 |
| Personal Money Market Account | |||
| $2,499.99 and under | 0.00% | 0.00% | $2,500.00 |
| $2,500.00 - $24,999.99 | 0.10% | 0.10% | $2.500.00 |
| $25,000.00 - $49,999.99 | 0.10% | 0.10% | $2,500.00 |
| $50,000.00 - $249,999.99 | 0.10% | 0.10% | $2,500.00 |
| $250,000.00 - $999,999.99 | 0.10% | 0.10% | $2,500.00 |
| $1,000,000.00 and over | 0.10% | 0.10% | $2,500.00 |
| Freedom Statement Savings | |||
| $2,499.99 and under | 0.00% | 0.00% | $25.00 |
| $2,500.00 - $24,999.99 | 0.05% | 0.05% | $25.00 |
| $25,000.00 - $49,999.99 | 0.05% | 0.05% | $25.00 |
| $50,000.00 - $249,999.99 | 0.05% | 0.05% | $25.00 |
| $250,000.00 - $999,999,99 | 0.05% | 0.05% | $25.00 |
| $1,000,000.00 and over | 0.05% | 0.05% | $25.00 |
| Freedom Savings Club Account | |||
| $2,499.99 and under | 0.00% | 0.00% | $1.00 |
| $2,500.00 - $24,999.99 | 0.05% | 0.05% | $1.00 |
| $25,000.00 - $49,999.99 | 0.05% | 0.05% | $1.00 |
| $50,000.00 - $249,999.99 | 0.05% | 0.05% | $1.00 |
| $250,000.00 - $999,999.99 | 0.05% | 0.05% | $1.00 |
| $1,000,000.00 and over | 0.05% | 0.05% | $1.00 |
All rates effective as of December 11, 2023
*Annual Percentage Yield
Rates may change after the account is opened. Fees may reduce earnings.
