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.

 

 

 

Savings Accounts **

Account

Minimum Balance

Interest Rate

APY
Statement Savings $0.01

.15%

.15%
Christmas Club $0.01 .40% .40%
Money Market Savings $0.01  .25% .25%
Money Market-Premier $0.01 .40% .40%
Traditional IRA $0.01 1.95%  1.97% 
 Roth IRA $0.01 1.95% 1.97%

 

** Fees charged on deposit accounts could reduce earnings

APY = Annual Percentage Yield

 

 

Certificates of Deposits*

Term

Minimum Balance

Interest Rate

APY

3-Month

$2,000-9,999

.550%

.550%

  $10,000 & Over .800% .800%
6-Month

$2,000-9,999

.650% .650%
  $10,000 & Over 1.00% 1.01%
12-Month

$2,000-9,999

.850% .850%
  $10,000 & Over 1.45% 1.46%
18-Month $2,000-9,999 .850% .850%
  $10,000 & Over 1.45% 1.46%
24-Month

$2,000-9,999

1.05%

1.06%
  $10,000 & Over 1.70% 1.71%
36-Month

$2,000-9,999

1.20% 1.21%
  $10,000 & Over 2.05% 2.07%
48-Month $10,000 & Over 2.35% 2.38%

 

* 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

 $0.01

.10%

.10%
Commercial NOW  $0.01 .10% .10%

 

** Fees charged on deposit accounts could reduce earnings

APY = Annual Percentage Yield

 

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