Deposit Rates
Checking Accounts*
| Account Name | Interest Rate | Annual Percentage Yield (APY) | Minimum to Open | Minimum to Obtain APY |
|---|---|---|---|---|
| Safe Now - Tier 2 | 0.150% | 0.15% | $500 | $0 |
| Safe Now - Tier 1 | 0.150% | 0.15% | $500 | $2500 |
| NOW - Tier 2 | 0.150% | 0.15% | $2500 | $0 |
| NOW - Tier 1 | 0.150% | 0.15% | $2500 | $2500 |
| Safe Money Market - Tier 1 | 0.499% | 0.50% | $1000 | $0 |
| Safe Money Market - Tier 2 | 0.648% | 0.65% | $1000 | $10,000 |
| Safe Money Market - Tier 3 | 1.243% | 1.25% | $1,000 | $100,00 |
| Safe Money Market - Tier 4 | 1.588% | 1.60% | $1000 | $500,000 |
Savings Accounts*
| Account Name | Interest Rate | Annual Percentage Yield (APY) | Minimum to Open | Minimum to Obtain APY |
|---|---|---|---|---|
| Savings Account | 0.250% | 0.25% | $100 | $0 |
| Christmas Club | 0.250% | 0.25% | $0 | $0 |
Certificates of Deposit
| Account Name | Interest Rate | Annual Percentage Yield (APY) | Minimum to Open |
|---|---|---|---|
| 7-29 Days | 0.548% | 0.55% | $1,000 |
| 30 Days | 0.548% | 0.55% | $1,000 |
| 60 Days | 0.548% | 0.55% | $1,000 |
| 90 Days | 0.548% | 0.55% | $1,000 |
| 6 thru 11 Months | 1.739% | 1.75% | $500 |
| 15 Month | 3.941% | 4.00% | $500 |
| 12 thru 17 Months | 1.739% | 1.75% | $100 |
| 18 thru 29 Months | 2.231% | 2.25% | $100 |
| 30 thru 47 Months | 2.231% | 2.25% | $100 |
| 48 thru 59 Months | 2.231% | 2.25% | $100 |
| 60 Months | 2.231% | 2.25% | $100 |
Substantial penalty for early withdrawal
Individual Retirement Accounts (IRA)
| Account Name | Interest Rate | Annual Percentage Yield (APY) | Minimum to Open | Minimum to Obtain APY |
|---|---|---|---|---|
| IRA Savings* | 0.250% | 0.25% | $25 | $0 |
IRA Certificates
| Account Name | Interest Rate | Annual Percentage Yield (APY) | Minimum to Open |
|---|---|---|---|
| 6 thru 11 Months | 1.739% | 1.75% | $500 |
| 15 Month | 3.941% | 4.00% | $500 |
| 12 thru 17 Months | 1.739% | 1.75% | $500 |
| 18 thru 29 Months | 2.231% | 2.25% | $500 |
| 30 thru 47 Months | 2.231% | 2.25% | $500 |
| 48 thru 59 Months | 2.231% | 2.25% | $500 |
| 60 Months | 2.231% | 2.25% | $500 |
Substantial penalty for early withdrawal
Health Savings Accounts (HSA)*
| Account Name | Interest Rate | Annual Percentage Yield (APY) | Minimum to Open | Minimum to Obtain APY |
|---|---|---|---|---|
| HSA - Tier 1 | 0.100% | 0.10% | $0 | $0 |
| HSA - Tier 2 | 0.100% | 0.10% | $0 | $2,500 |
Contact a First Westroads Bank Personal Banker for information about applicable fees and terms.
* Rates on variable rate Checking, Savings, and HSA accounts can change without notice. Fees may reduce account earnings.
Rates are current as of February 9, 2023.