What's the Best Way to Save?
What's "best" is what's right for you. And what's right for you depends on your financial goals. Choose one of the following savings accounts that best fit your current needs, and you'll see some recommendations. Or for more options, simply compare and choose from the full list. Then, when you're ready to take the next step, we're here to help.
Savings Account*
A Western Bank savings account is a safe and sound investment and a great way to save for a rainy day. Open up this account today and start saving for your retirement, for emergencies, and for short and long-term goals.
- Interest - Variable – paid monthly on daily balance
- Free Online & Mobile Banking
- Statements - Electronic or Print
- $100 Minimum to open
- 3 free debit transactions, thereafter $4 each.
- $4 – Waived if daily balance is more than $100
Student Savings Account*
Start with a few dollars each month, then watch it grow in a Student Savings Account. Before you know it you have saved enough for the down payment on a car or the newest gadget!
- Interest - Variable – paid monthly on daily balance
- Free Online & Mobile Banking
- Statements - Electronic or Print
- $10 Minimum to open
- Special minimum balance consideration is given to minors.
Individual Retirement Accounts(IRAs)
An Individual Retirement Account (IRA) is a retirement savings account to help you grow money either tax deferred or after tax, depending on the type of IRA you choose (Traditional or Roth). IRAs can help ensure financial security in retirement.
- Interest - Fixed for initial term, paid at maturity or every 12 months
- Fixed rate open account time deposits with 18 month term
- Free Online & Mobile Banking
- Statements - Annually
- $0 Minimum to open
- Roll over fee - $50. Transaction and account closing fees may apply.
Certificates of Deposit(CDs)
When you've saved a comfortable stash of funds that you feel you won’t be spending for a while, CDs are a great next step.
- Interest - Fixed for initial term, paid at maturity or every 12 months
- Maturities range from 30 days to 5 years
- Free Online & Mobile Banking
- Statements - Print Statements
- $1,000 Minimum to open
- Early withdrawal penalties may apply
Savings Account*
A Western Bank savings account is a safe and sound investment and a great way to save for a rainy day. Open up this account today and start saving for your retirement, for emergencies, and for short and long-term goals.
- Interest - Variable – paid monthly on daily balance
- Free Online & Mobile Banking
- Statements - Electronic or Print
- $100 Minimum to open
- 3 free debit transactions, thereafter $4 each.
- $4 – Waived if daily balance is more than $100
Student Savings Account*
Start with a few dollars each month, then watch it grow in a Student Savings Account. Before you know it you have saved enough for the down payment on a car or the newest gadget!
- Interest - Variable – paid monthly on daily balance
- Free Online & Mobile Banking
- Statements - Electronic or Print
- $10 Minimum to open
- Special minimum balance consideration is given to minors.
Individual Retirement Accounts(IRAs)
An Individual Retirement Account (IRA) is a retirement savings account to help you grow money either tax deferred or after tax, depending on the type of IRA you choose (Traditional or Roth). IRAs can help ensure financial security in retirement.
- Interest - Fixed for initial term, paid at maturity or every 12 months
- Fixed rate open account time deposits with 18 month term
- Free Online & Mobile Banking
- Statements - Annually
- $0 Minimum to open
- Roll over fee - $50. Transaction and account closing fees may apply.
Certificates of Deposit(CDs)
When you've saved a comfortable stash of funds that you feel you won’t be spending for a while, CDs are a great next step.
- Interest - Fixed for initial term, paid at maturity or every 12 months
- Maturities range from 30 days to 5 years
- Free Online & Mobile Banking
- Statements - Print Statements
- $1,000 Minimum to open
- Early withdrawal penalties may apply