Personal Savings

Are you looking for a safe, insured place to build up your savings?  Whether you want a little higher interest rate, the convenience of a monthly statement, or a way to target your savings for a vacation or the holidays, one of our savings accounts is sure to help you save.

Current RatesOpen an Account

If you're 18 or older, you can open your account online. If you're under 18, please visit any branch with a parent or guardian.


Personal Savings Accounts

Passbook Savings

The most traditional form of savings account, a Passbook Savings account provides you with a small book into which your transactions are recorded by Bank personnel.  Since withdrawals can only be made in a branch, setting up a regular direct deposit to this account will make saving money easier than ever. There is a minimum balance requirement.

Statement Savings

Our Statement Savings account is ideal for those who are just starting to save as well as those who have been saving for a long time.  It has a tiered interest rate structure, so as your balance grows, you can be sure to get the best statement savings rate available from Winchester Savings Bank.  There is a minimum balance requirement, and there are limitations on the number of preauthorized transactions and Internet Banking transfers. Connect this account to your Winchester Savings checking account, and protect yourself from the occasional overdraft.

Money Market Account

Personal Money Market Account

Our Money Market Account can give you the best of both worlds - earn a competitive rate of interest on your balance, and have the ability to write an occasional check when you need to.  It has multiple tiers providing you with the optimal rate for your deposited funds.  You can open our Money Market Account and start earning interest with a deposit of $2,500. 

Certificates of Deposit

Certificates of Deposit

Whatever your situation, we offer a variety of terms to fit your needs. Many people create a ladder of investments by using some short, some moderate and some long terms. From 91 days to five years, you can choose the best term for your situation.

Maximize the earning power of your savings with complete safety with a competitive interest rate.

  • Available in terms of 91 days to 5 years
  • Generally earn a higher rate of interest than traditional savings accounts
  • Compound interest or credit it to another WSB account
  • Open with as little as $500
  • Notified when your CD matures and automatically renewed following a 10-day grace period after the maturity date

Holiday Club or Vacation Club

Holiday or Vacation Club

A Winchester Savings Bank Club account is an excellent way to save for a specific purpose.  Do the holidays always take a bite out of your budget?  Set up regular deposits into a Holiday Club account to save for those presents and parties at the end of the year.  Are you planning a vacation for next summer? Open a Vacation Club account and by May, you’ll have your trip paid for.

Please visit any of our locations to open a Club Account.


Individual Retirement Accounts

Prepare for a comfortable retirement, or reach other major financial goals, with the help of an Individual Retirement Account.

Traditional IRA

  • Account can be opened and funded with contributions based on your earned income and age.
  • Contributions may be tax-deductible, and earnings are tax-deferred until withdrawn.
  • Funds are always available, something not generally true of employer plans.
  • No minimum contribution required in any year.
  • Rollover and transfer contributions are available.

Roth IRA

  • Contributions are not deductible, but earnings grow tax-free.
  • Higher income ceiling for contributions than Traditional IRA.
  • Contributions allowed in addition to your 401(k) plan.
  • Rollover and transfer contributions are available.
Please visit any of our locations to open an IRA.

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