Current WesternBank Interest Rates

Whether you're shopping for a car loan or deciding on the best savings option, we work hard to provide the most competitive rates in the market.

 

Below are a sampling of our current rates for our deposit products. Contact us to find the product at a rate that's right for you.

 

Disclaimer: Rates and programs are subject to change at bank discretion without notice.

 

 

 

Savings Accounts **

Account

Minimum Balance
to Obtain APY

Minimum Deposit
to Open

Interest Rate

APY

Regular Savings

$0.01

$250

.05%

 .05%
Holiday Club $0.01
$25  .15%  .15%
Money Market Savings $0.01 $1,000  .05%  .05%
Money Market-Premier $0.01
$10,000 .10%  .10%
Traditional IRA $0.01
$50  .59%   .59%
 Roth IRA $0.01
$50 .59%  .59%

 

** Rates may change after account opening. 
Annual Percentage Yield (APY) is the effective annual interest rate.  Fees may reduce earnings.  

 

 

Certificates of Deposits*

Term

Minimum Balance

Interest Rate

APY

3-Month

$1,000-9,999

.08%

.08%
  $10,000 & Over .15% .15%
6-Month

$1,000-9,999

.12% .12%
  $10,000 & Over .21% .21%
12-Month

$1,000-9,999

.26% .26%
  $10,000 & Over .35% .35%
18-Month $1,000-9,999 .26% .26%
  $10,000 & Over .35% .35%
24-Month

$1,000-9,999

.36% .36%
  $10,000 & Over .55% .55%
36-Month

$1,000-9,999

.61% .61%
  $10,000 & Over .76% .76%
48-Month $10,000 & Over 1.04%

1.05%

 

* A penalty will be imposed for early withdrawal on certificates

APY = Annual Percentage Yield

 

 

Interest-Bearing Checking Accounts**

Account

Minimum Balance

Interest Rate

APY

 Preferred Plus

(Minimum Opening Deposit is $1,000)

$0.01 0.05% 0.05%

Business Preferred Plus

(Minimum Opening Deposit is $100)

 $0.01  0.05%  0.05%

 

** Rates may change after account opening. 
Annual Percentage Yield (APY) is the effective annual interest rate.  Fees may reduce earnings.    

 

Important Information

*  A penalty will be imposed for early withdrawal on certificates

** Fees charged on any deposit account could reduce the earnings

APY = Annual Percentage Yield