Current Savings & Loan Rates

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Westmark offers competitive lending and savings rates

Being a credit union means you, the shareholder, get better savings and lending rates. We offer a full range of savings and lending products, compare our rates here!


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Effective December 23, 2024 | APY = Annual Percentage Yield

   Rates are tiered based on deposit. 

Term APY     Rates are as high as:
90 Days 1.50%
180 Days 2.00%
8 Months 4.40%
9 Months 4.15%
11 Months 4.25%
12 Months 4.20% 
13 Months 2.00%
18 Months 4.00%
23 Months 3.80%
24 Months 3.80%
36 Months 3.60%
48 Months 3.60%
60 Months 3.60%

Liquid Term Certificate

Minimum $5000

Term APY    Rates are as high as:
15 Months  4.00%

Coverdell Education Savings Account Term Certificate

$500-$19,999

Term APY    Rates are as high as:
12 Months 4.20%
24 Months 3.80%

Rates are set by the Board of Directors and are subject to change without notice. Rates are quoted as Annual Percentage Yield (APY). Early withdrawal of funds may affect the APY. Contact a Full Service Representative at (208) 523-1071 for more information.
Minimum balance for a Term Certificate is $500 unless otherwise noted. Rates are set by the Board of Directors and are subject to change without notice. Rates are quoted as Annual Percentage Yield (APY). Early withdrawal of funds may affect the APY. A penalty may be imposed for early withdrawal and could reduce the earnings of this account. Contact a Member Service Representative at (208) 523-1071 for more information.


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Effective December 1, 2024  | APY = Annual Percentage Yield     

Rates are tiered based on deposit.

Share Deposits                                  Rates are as high as:

Product APY
Primary Savings 0.10%
Daily Dividend Savings  0.10%
Medical Savings   1.00%
First Time Home Buyer Savings  2.00%
IRA Money Market   1.00%
Premium Checking  0.10%
Premium Money Market 2.00%
Platinum Money Market  1.60%
Little Eagles Savings 0.25%

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Effective January 1, 2025  | APY = Annual Percentage Yield

       Rates are tiered based on deposit. 

High-Yield Savings                                                    Rates are as high as:

Product APY
Balances below $1,000 0%
Balances $1,000 to $99,999 2.35%
Balances $100,000 to $249,999 2.45%
Balances $250,000 to $499,999 2.55%
Balances $500,000 and Higher 2.60%

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Effective January 7, 2025 | APR = Annual Percentage Rate.  The Annual Percentage Rates (APR) are our best rates.

Rates are subject to term, credit history, and underwriting criteria. 

 

 

Contact us today to see how you might qualify for a .50% rate discount! 

Automobiles

APR*  Rate As Low As: 
2022 & newer Promotional Rate - 5.59%
2019-2021 Promotional Rate - 6.09% 
2016-2018 8.09%
2015 & older 9.09%

Trailers, Motor Homes & Boats

APR*  Rate As Low As: 
2022 & newer 8.29%
2019-2021 9.54%
2017-2018 11.54%
2016 & Older 12.54%

Specialty & Off-Road Recreational Vehicles

APR*  Rate As Low As: 
2022 & newer 8.59%
2019-2021 9.59%
2017-2018 10.59%
2016 & Older 11.59% 

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Effective December 25, 2024 | APR = Annual Percentage Rate         

Life Style Loan Rates

APR*  Rate As Low As: 
36 months 11.49%
48 months 11.99%
60 months 12.99%

Personal Line Of Credit 18.00%

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Effective January 1, 2025 | APR = Annual Percentage Rate

Rates are tiered based on credit score. 

Credit Cards

APR*  Rates shown are lowest tier to highest tier.
VISA Cash Rewards 15.50% - 19.50%
VISA Platinum 11.50% - 15.50%
VISA Reward Card *Must have Rewards Checking account 16.99% - 20.99%

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Effective January 10, 2025 | APR = Annual Percentage Rate          Rates As Low As:

Home Equity

APR*
VISA Home Equity 9.25%

VISA Home Equity with Premium Checking Discount

*** VISA Home Equity - Premium Checking discounted rate not offered on loans booked 7-1-2023 and later.

9.00%

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Effective February 5, 2025 | APR = Annual Percentage Rate                                 *Rates are subject to change without notice*

 

 

First Mortgage

Rate  APR*
10 Year Fixed*  5.50% 5.652%
15 Year Fixed* 5.75% 5.855%
20 Year Fixed* 6.125% 6.253%
30 Year Fixed*  6.50% 6.596%
     

No Fee Refinance Rates

   
8 Year No Fee** 6.50% 6.50%
10 Year No Fee** 6.50% 6.50%
15 Year No Fee*** 6.75% 6.75%
20 Year No Fee*** 7.125% 7.125%
30 Year No Fee*** 7.50% 7.50%
     

30 Year First-Time Homebuyer 

7.25% 7.306%

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Effective  September 13, 2024 | APR = Annual Percentage Rate          Rates As Low As:

Second Mortgage

APR*
60 mos. - 1st Lien Position 6.24%
60 mos. - 2nd Lien Position 7.99%
61-120 mos. - 1st Lien Position 6.74%
61-120 mos. - 2nd Lien Position 8.74%
121-180 mos. - 1st Lien Position 6.74%
121-180 mos. - 2nd Lien Position 8.74%

 


These rates are based on approved credit, FICO score, loan-to-value, the length of term you select, and the type and age of collateral (if any). All rates quoted reflect the Annual Percentage Rate (APR). 
*The Annual Percentage Rates  are our best rates. Your rate may be higher depending on credit history and underwriting criteria. 
**On the 8, 10, 15, 20 and 30 year No Fee First Mortgage refinance loans, we will waive or pay ALL required loan fees which include origination, and flood hazard determination fees. Contact a loan officer for more details.
***The 15 and 30 year loans do not include the following fees. If necessary, they must be paid by the borrower:

  • Private Mortgage Insurance Fees
  • Closing Fees or Closing Costs required by third party sales
  • Tax Service Fees
  • Any fees required to close, not specifically included in the promotional offer

***If the loan is repaid in the first 5 years, borrowers will need to reimburse Westmark for the promotional fees covered by this program.