Business Savings Account
Your business goals just got easier.
Westmark offers several attractive Savings Account options for your business. You can compare your savings account options below. Our Primary Savings Account is your required membership account and provides you with voting privileges (16 and up) for election of the Board of Directors.
Savings Account Comparison
Primary Savings |
Daily Dividend |
Platinum Money Market |
|
| Monthly Fee | No | No | No |
| Min. Balance Requirement | $5 Membership Account ($5 per account holder) | None | $20,000 required or rate reverts to published dividend rate for Primary Savings Account |
| Dividend Compounded | Quarterly | Monthly | Monthly |
| Statement | *Quarterly | *Quarterly | *Quarterly |
| Automatic or Direct Deposit | Yes | Yes | Yes |
| Transaction Restrictions | none | none | 6 free withdrawals or transfers per month. Additional $10 each |
*Statements are sent quarterly on Savings Accounts unless you have an active Westmark Checking Account or active Loan, then you will receive a monthly statement.
