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The Washington Trust Company, of WesterlySavings accountChecked Oct 10, 2026Updated

The Washington Freedom Statement Savings Account

$3monthly fee
A year on $10,000
$0 after fees
To open
$25 to open
Visit The Washington Trust CompanyThe bank’s own page · checked Oct 10, 2026

What it earns in a year

Interest at the APY for each balance, minus any monthly fee you’d pay. Rates are variable; these are today’s.

BalanceAPYA year, after fees
$1,000–$0
$5,000–$0
$10,000–$0
$25,000–$0
$50,000–$0
$100,000–$0

Fees

Monthly fee
$3 a monthSource · checked Oct 10, 2026
Ways to avoid the monthly fee
Any one of these:
  • Minimum balance of $300.00 average collected daily balance required to avoid monthly service charge of $3.00.
  • No fee will be assessed if the Tax Reported Owner is under age 21
  • No fee will be assessed if the Tax Reported Owner is ... age 62 and older.
Source · checked Oct 10, 2026
Minimum to open
$25Source · checked Oct 10, 2026

Rates and fees change; the bank’s own page is the final word. Not all of this account’s figures are on record yet (rate missing). Report a mistake · How we make money