Savings Accounts
Saving at Westmark will help your money amount to more.
Westmark offers several attractive Savings Account options. No matter what your saving habits are, we have the account for you. Our Primary Savings Account is your required membership account and provides you with voting privileges (16 year olds and up) for election of the Board of Directors.
open account Current Rates BECOME A MEMBER
Online (Only) High-Yield Savings Account – Click Here for information.
Savings Account Comparison
PRIMARY
$0/month
- Minimum Balance: $5
- Minimum Deposit: $5
- Dividends Compounded: Quarterly
- Transaction Restrictions: NO*
DAILY DIVIDEND
$0/month
- Minimum Balance: NO
- Minimum Deposit: NO
- Dividends Compounded: Monthly
- Transaction Restrictions: NO*
PREMIUM MONEY MARKET
$15/month
*if account falls below min. balance
*if account falls below min. balance
- Minimum Balance: $5,000
- Minimum Deposit: $5,000
- Dividends Compounded: Monthly
- Transaction Restrictions: 6 free withdrawals per month. Additional $15 each
PLATINUM MONEY MARKET
$0/month
- Minimum Balance: NO
- Minimum Deposit: $20,000
- Dividends Compounded: Monthly
- Transaction Restrictions: 6 free withdrawals per month. Additional $10 each
*No transaction fees will occur unless related to an automatic overdraft transfer.
Primary Savings
Account Benefits
- 24-hour ATM and CALL 24 access
- No monthly service fee
- Dividends accrue on your daily balance, compounded quarterly
- Free statements
- Automatic or Direct Deposit available
- Gives you access to our other financial products and services
Daily Dividend Savings
Account Benefits
- 24-hour ATM and CALL 24 access
- No monthly service fee
- Dividends accrue on your daily balance, compounded monthly
- Free statements
Premium Money Market
Account Benefits
- Available to members with a Premium Checking Account
- Offers a higher dividend rate
- 24-hour ATM and CALL 24 access
- No monthly service fee if $5000 balance requirement is met
- Dividends accrue on your daily balance, compounded monthly
- Free statements
- Six free withdrawals or transfers per month. Each additional transaction is $15
Platinum Money Market
Account Benefits
- Does not require a minimum balance
- Higher dividends than regular savings accounts for balance over the $20,000 tier
- Six free withdrawals or transfers per month. Each additional transaction is $10.00
- 24-hour ATM and Call 24 access
- No monthly service fee
- Dividends accrue on your daily balance, compounded monthly
- Free statements
