Freedom Statement Savings Account
If you want an account that’s dedicated to saving, but also want to access your money at any time, consider our Freedom Statement Savings Account.
Freedom Savings Club Account
Systematically save a holiday, vacation, or a major purchase. Make direct deposits to your account and choose when to receive your funds. Contact us to open an account.
Custodial Freedom Statement Savings Account
Help your children learn the importance of saving money and how their money can grow! Contact us to open an account.
Money Market Account
The best of both worlds: Enjoy a higher rate than a checking account while maintaining access to your funds when you need them. Open your account in branch or online.
Certificates of Deposit
Save for the future with a CD!
Have some money that won’t be needed in the foreseeable future? A Certificate of Deposit lets you lock in a higher rate for a set length of time delivering guaranteed earnings. Be sure to ask us about CDARS® Multi-Million Dollar FDIC Insurance through participating network banks*.
Add-It-Up Program
Turn your virtual spare change into savings!
Every time you use your Washington Trust debit card, the amount charged to your checking account will be rounded up to the next dollar and we’ll automatically transfer the difference to the account of your choice. Saving has never been so easy!
CDARS®
Looking for a way to keep large deposits safe? Ask us about CDARS®
With CDARS®, you have multi-million-dollar FDIC protection through participating network banks*. CDARS® can be a valuable cash management or longer-term investment tool for you or your business.
Individual Retirement Accounts (IRA CDs)
Planning for Retirement? An IRA CD can help you achieve your retirement goals!
Start saving toward your “someday” today. Opening an IRA CD puts you closer to your retirement goals. Have an IRA to rollover or transfer? We do that too! To get started, call or visit your local branch, or contact us. And, for more retirement planning solutions, contact our Wealth Management division.
Interested in checking accounts?
Combine your Savings Account with a Washington Trust Checking Account and watch your money grow!
*CDs placed through CDARS are considered bank deposits. They are not DTC eligible and, currently, no secondary market exists. Early withdrawals are available, but require the payment of a substantial penalty.
You should compare the current rates and features of CDs (including CDARS CDs) to other investment alternatives. Past performance may not be representative of future performance or success.
If a depositor is subject to restrictions with respect to the placement of funds in depository institutions, it is the responsibility of the depositor to determine whether the placement of the depositor's funds through CDARS or a particular CDARS transaction satisfies those restrictions. Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with our bank. The agreement contains important information and conditions regarding the placement of funds by our bank through CDARS.
CDARS is a registered service mark of Promontory Interfinancial Network, LLC.
**Annual Percentage Yield (APY) is effective as of August 26, 2024 and is guaranteed through October 16, 2024. On October 17, 2024, the APY is subject to change at anytime without notice. 3.00% APY/2.96% Interest Rate is for balances up to $49,999.99. 4.25% APY/4.16% Interest Rate is for balances of $50,000 or more. Minimum balance to open account is $25. Offer is for a limited time only and may be withdrawn at any time. No municipal or government funds. One account per tax reported owner only. Fees may reduce earnings.