Available for residents nationwide, WauBank is offering 0.40% APY when you open a Online High Yield Savings.
Continue reading below to learn everything you need to know about WauBank.
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WauBank High Yield Savings Review
Waukesha State Bank was established in 1944 in Waukesha, Wisconsin and has since expanded to 13 branches across the county.
In addition to the rate from WauBank, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
I’ll review WauBank High Yield Savings below.
WauBank High Yields Savings Rate
To earn WauBank competitive rate, simply have an opening deposit of $5,000. That’s all it takes and you’ll get to enjoy earning the 0.40% rate on all balances.
- What you’ll get: 0.40% APY
- Eligible account: High Yields Savings
- Credit inquiry: Unknown
- Where it’s available: AZ, CT, FL, MA, RI, TN, VA
- Opening Deposit: $5,000 minimum
- Monthly fee: None
- Early Termination Fee: A penalty may be imposed for early withdrawals
(FDIC Insured)
How to Earn WauBank Rate
- Open a Online High Yield Savings account from WauBank with minimum deposit of $5,000
- Input your info – Provide your name, address, phone, email and social security number or Tax ID
- Fund the account – Transfer funds electronically from an internal account here or an external account at another bank
- Earn 0.40% APY for balances of $5,000 and up
| Balance Requirement | APY Rate |
| $5,000+$500,000 | 0.40% APY |
WauBank Account Features
- Receive high earnings without paying back in monthly fees
- Funding accounts is made easy via bank transfers, mobile deposit, wire transfer or check
- Manage your accounts at your leisure from your computer, tablet or mobile device
- All deposits are FDIC insured to the maximum amount allowed by the law
Conclusion
Waubank is offering a great APY Rate of 0.40% for their savings account. There is no minimum balance or monthly fees and it’s easy to sign up online! You will enjoy the flexibility and convenience of accessing your funds online 24/7!
Let us know about your experience with this bank and comment below.
Check back often to see the latest info on Waubank.
I took out a CD at WAU/First National Bank, on line, about 13 months ago….they did an interbank transfer. No problem & no charge. I told them when it reached maturity I would like to close the account and transfer the money back to my account. I was informed that they do NOT do interbank transfers back to my bank. The list of options WAU presented was 4…ranging in cost to me of $10 to $99. NO OTHER OPTIONS !!!!! WAU make is easy for them to get your money but it will cost you to get it back. Be forewarned. I will NEVER do business with a bank that charges you to get your money back. Rip off. Usury. and bad business.
This is what the WAU/First National Bank sent me: FedEx First Overnight $98.91….FedEx Priority Overnight $34.31…..FedEx Standard Overnight $28.59……FedEx 2 Day $12.96……FedEx Ground $9.37
You do not make much interest these days on any financial bank product offered. WAU thinks it necessary to feed FedEX a portion of the meagre interest you have made to a company that is making a bloody fortune this past year…..and to come. WAU is NOT your friendly bank…..once they have your money, good luck getting it back without giving up some of your earnings.