Savings

Ask customer service for rate information

Regular Savings*

  • Interest paid on daily collected balance
  • $100.00 minimum deposit required to open account
  • $3 monthly maintenance fee if balance falls below $100.00 minimum
  • Maintenance fee will be waived for minor children less than 18 years of age and senior citizens 55 years and older
  • No minimum balance for minors or seniors

Money Market Savings*

  • Interest paid on daily collected balance
  • $2,000.00 minimum deposit required to open account
  • $20.00 maintenance fee if balance falls below $2,000.00 minimum during statement cycle
  • A total of six preauthorized/telephone withdrawals per statement cycle

Preferred Money Market Savings*

  • Interest paid on daily collected balance
  • Tiered interest rates at $25,000.00, $50,000.00, $125,000, and $250,000.00
  • $10,000.00 minimum deposit required to open account
  • $20.00 maintenance fee if balance falls below $10,000.00 minimum during statement cycle
  • A total of six preauthorized/telephone withdrawals per statement cycle

High Yield Money Market Savings*

  • Interest paid on daily collected balance
  • Tiered interest rates at $250,000.00 and $750,000.00
  • $10,000.00 minimum deposit required to open account
  • $20.00 maintenance fee if balance falls below $10,000.00 minimum during statement cycle
  • A total of six preauthorized/telephone withdrawals per statement cycle

Certificates of Deposit (CDs)

  • Competitive Interest Rates
  • Safety and Stability
  • Terms of 3-60 months
  • Special rates and terms offered periodically
  • Several interest payment options
  • Penalty for early withdrawal

IRAs (Individual Retirement Accounts)

  • Contributions may be tax deductible
  • Traditional and Roth IRAs available
  • Contact your Tax Consultant to determine eligibility

*ATM cards are available for savings accounts with an approved application. Transactions are free at BANKWEST ATMs, $1.50 at other ATMs. Additional fees may also apply to other non-BANKWEST owned ATMs.