B MyBankTracker Rating

Waterstone Bank

About Waterstone Bank

Waterstone Financial, Inc. (WFI) is the holding company for WaterStone Bank, formerly Wauwatosa Savings Bank, one of the largest financial institutions headquartered in Wisconsin. With eight banking offices located in the Milwaukee suburbs of Wauwatosa, Franklin/Hales Corners, Germantown/Menomonee Falls, Oak Creek, Oconomowoc, Pewaukee, Waukesha, and West Allis, WaterStone has over $1.7 billion in total assets as of December 31, 2007.

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MyBankTracker rated based on the following criteria that includes real customer reviews and bank fees, among others. Our bank report card is a proprietary rating system that highlights the financial health and stability of the bank. See how it’s rated.

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Customer Reviews

Most Helpful Waterstone Bank Bank Customer Reviews

  • C
    Reviewed By Cindy.Lehrke@yahoo.com Oct 13, 2014

    Not Impressed!

    This bank does not impress me whatsoever. My husband opened up an account (making a very large deposit). The following weekend, we went in to the bank so he could add me to the account. They denied adding me to the account due to a chexsystems report - which showed no negativity - never bounced a check or closed a account due to being overdrawn. . . Just simply to many (unauthorized) inquiries.

    There was a firm that inquired on my account several times (same firm, but on behalf of various lending facilities). Waterstone confirmed that there was nothing negative on there - but refused to put me on this account. What a complete joke. I did resolve this with chexsystems - my report has now been corrected - but we are pulling all our funds out and going elsewhere! The president at the bank said she had the authority to override the decision but refused to do so. Again, we had a lot of money sitting in this account and recently purchased a lot from them (with cash). Goes to show - they don't care about their customers. Much happier at the other bank :)

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  • Type Fee National Average
  • Monthly Inactivity N/A
  • Non-Sufficient Fund (Overdraft) N/A 0
  • Stop Payment item N/A 0
  • Return Deposit N/A 0
  • Domestic Wire Transfer (Outbound) N/A 0
  • Domestic Wire Transfer (Inbound) N/A 0
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