Customer Service

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.

 

CD Specials*

Term

Minimum Balance

Interest Rate

APY
                                              

 

* A penalty will be imposed for early withdrawal on certificates

APY = Annual Percentage Yield

Rates Effective:  

 

 

Savings Accounts **

Account

Minimum Balance
to Obtain APY

Minimum Deposit
to Open

Interest Rate

APY
Regular

0

$250

.05%

  .05%
Holiday 0 $5.00 .10%  .10%
Western Capital 0 - $9,999 $2,500 .05%  .05%
  $10,000 - $49,999 $2,500 .10%  .10%
  $50,000 - $99,999 $2,500 .13%   .13%
  $100,000 - $299,999 $2,500  .13%   .13%
   $300,000 - $999,999 $2,500 .15%  .15%

 

** Rates may change after account opening.   

Annual Percentage Yield (APY) is the effective annual interest rate.  Fees may reduce earnings. 

Rates Effective:  

 

 

Certificates of Deposits*

Term

Minimum Balance

Interest Rate

APY

3-Month

$1,000-9,999

.06%

.06%
  $10,000-49,999 .06% .06%
  $50,000-99,999     .08% .08%
  $100,000+  .10% .10%
6-Month

$1,000-9,999

 .10% .10%
  $10,000-49,999 .20% .20%
  $50,000-99,999  .20% .20%
  $100,000+  .25%

.25%
12-Month

$1,000-9,999

 .17% .17%
  $10,000-49,999 .30% .30%
  $50,000-99,999 .40% .40%
  $100,000+  .40% .40%
24-Month

$1,000-9,999

.27%

 .27%
  $10,000-49,999 .35% .35%
  $50,000-99,999          .45% .45%
  $100,000+ .45% .45%
36-Month

$1,000-9,999

 .55% .55%
  $10,000-49,999  .80% .80%
  $50,000-99,999 .80% .80%
  $100,000+ .85% .85%
48-Month

$1,000-9,999

 .70% .70%
  $10,000-49,999  .99% .99%
  $50,000-99,999  1.03% 1.03%
  $100,000+ 1.05% 1.05%
60-Month

$1,000-9,999

 .75% .75%
  $10,000-49,999  .99% .99%
  $50,000-99,999 1.20% 1.20%

 

$100,000+

1.20%

1.20%

 

* A penalty will be imposed for early withdrawal on certificates

APY = Annual Percentage Yield

Rates Effective:  

 

 

Interest-Bearing Checking Accounts**

Account

Minimum Balance

Interest Rate

APY

Preferred Plus
(Minimum Opening deposit is $1,000)

0

.04%

.04%
  $2,500 .05% .05%

 

** Rates may change after account opening.   

Annual Percentage Yield (APY) is the effective annual interest rate.  Fees may reduce earnings. 
Rates Effective:  

 

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