Personal Banking Accounts & Solutions

For every individual in our banking community, Westbound Bank offers personal banking accounts to meet your needs and help you achieve your financial goals. From fee-free and interest-earning checking accounts to multiple investment options, we can tailor a personal banking plan that serves your interests now and sees you through to a more secure financial future. .

Simple Checking

Keep things simple with unlimited transactions and no minimum monthly balance.

Account Features

  • WESTLINE 24/7 Account Access
  • Online, Mobile & Text Banking (No Charge)
  • Debit Card (No Charge for First Card)
  • Unlimited Transactions
Minimum Opening Deposit $50
Service Charge (Monthly) $2.95

Value Checking

An interest-earning account that puts your money to work for you.

Account Features

  • Earns Interest*
  • WESTLINE 24/7 Account Access
  • Online, Mobile & Text Banking (No Charge)
  • Debit Card (No Charge for First Card)
  • Unlimited Transactions
Minimum Opening Deposit $50
Service Charge (Monthly) $4.95

Avoid service charge if you maintain an $800 minimum daily balance OR have a monthly Direct Deposit.

View Rates

Performance Interest Checking

A tiered interest account to maximize the value of your hard-earned dollar.

Account Features

  • Earns Tiered Interest*
  • WESTLINE 24/7 Account Access
  • Online, Mobile & Text Banking (No Charge)
  • Debit Card (No Charge for First Card)
  • Unlimited Transactions
Minimum Opening Deposit $50
Service Charge (Monthly) $8

Avoid service charge if you maintain a $1,500 minimum daily balance.

Tiered Interest Rates
$0.01 − $1,999.99
$2,000 and over
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Classic Savings**

An interest-earning account with up to six free withdrawals or transfers per month.

Account Features

  • Earns Interest*
  • WESTLINE 24/7 Account Access
  • Online, Mobile & Text Banking (No Charge)
  • Debit Card (No Charge for First Card; Primary Account Required)
Minimum Opening Deposit $100
Service Charge (Monthly) $2

Avoid service charge if you maintain a $300 minimum daily balance.

Excess Withdrawal Fee $3 each

Six withdrawals or transfers allowed at no charge per calendar month; $3 fee for each additional debit in excess of six. See Savings Account Limitations***

View Rates

Classic Money Market***

A tiered interest savings account to pay you the highest potential interest on your balances.

Account Features

  • Earns Interest*
  • WESTLINE 24/7 Account Access
  • Online, Mobile & Text Banking (No Charge)
  • Debit Card (No Charge for First Card; Primary Account Required)
Tiered Interest Rates
$2,500 − $ 9,999.99
$10,000 − $24,999.99
$25,000 − $49,999.99
$50,000 − $94,999.99
$95,000+
Minimum Opening Deposit $100
Service Charge (Monthly) $12

Avoid service charge if you maintain a $2,500 minimum daily balance.

Minimum Daily Balance Required to Earn Interest $2,500
Excess Withdrawal Fee $20

Six withdrawals or transfers allowed at no charge per monthly statement cycle. $20 fee for each additional debit in excess of six. See Money Market Limitations.***

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Westbound Personal Certificate of Deposit (CD)

Earn higher interest rates on terms ranging from 30 days to 5 years.

Account Features

  • Competitive Rates
  • Flexible interest payment options include:
    • Check by Mail
    • Automatic Deposit
    • CD Principal Balance Credit

Interest rates vary according to term
Early withdrawal subject to penalty

Individual Retirement Accounts (IRA)****

Create a secure retirement scenario for your future with one of two Westbound IRA options.

Which IRA is right for you?

Traditional IRA Roth IRA
No Income Limits Eligibility Dependent on Income Level
Tax-Deferred Earnings Tax-Deferred Earnings
Some Contributions Deductible Nondeductible Contributions
Distributions Generally Taxable Tax-Free Qualified Distributions
Yearly Maximum Contributions Yearly Maximum Contributions

Both traditional and Roth IRA accounts at Westbound Bank are FDIC-insured up to $250,000 per depositor. For qualifying individuals, The Roth IRA provides a major benefit over any other form of retirement savings in that all Roth IRA earnings are tax-free upon withdrawal. Alternatively, Roth IRA contributions do not qualify for tax deductions.

Whether to choose a traditional or Roth IRA depends on several factors. Let Westbound Bank help you select a retirement plan that fits your current and future financial goals.

Additional Services for Personal Accounts

Additional offerings to increase the productivity of your Westbound Personal Banking account.

  • Bill Pay
  • NELDA® New Easy Live Deposit ATM
  • eStatement
  • Order Foreign Currency
  • Learn More ›
  • WESTLINE 24/7 Account Access
  • Personal Lending
  • Mobile Banking & App
 

Personal Loans

Let Westbound Bank take you places with vehicle, recreation and aircraft personal loans.
Learn More ›

*Method of Computation and Payment of Interest
We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. On interest-bearing checking accounts, interest will be compounded and credited monthly. Interest begins to accrue no later than the business day you deposit non-cash items (for example, checks). Accrued interest will be paid if the account is closed before the interest is credited.

**Savings Account Limitations

You may make six transfers or withdrawals from your account each calendar month to another one of your accounts with us or to a third party by means of preauthorized or automatic transfer, telephonic (including data transmission) agreement, order or instruction, or by check, draft, debit card or similar order made by you and payable to third parties. In accordance with federal law, excessive withdrawals on a recurring basis may result in your account being subject to closure by us and the funds placed in another account that you are eligible to maintain, or we may take away the transfer and draft capabilities of the account. You may make unlimited withdrawals that are payments directly to you or transfers of funds from your account to any of your other deposit accounts or loan accounts with us, either in person at our locations or by mail, messenger, telephone (only if check is mailed to you) or ATM withdrawal.

**Money Market Account Limitations

You may make six transfers or withdrawals from your account each monthly statement cycle period to another one of your accounts with us or to a third party by means of preauthorized or automatic transfer, telephonic (including data transmission) agreement, order or instruction, or by check, draft, debit card or similar order made by you and payable to third parties. In accordance with federal law, excessive withdrawals on a recurring basis may result in your account being subject to closure by us and the funds placed in another account that you are eligible to maintain, or we may take away the transfer and draft capabilities of the account. You may make unlimited withdrawals that are payments directly to you or transfers of funds from your account to any of your other deposit accounts or loan accounts with us, either in person at our locations or by mail, messenger, telephone (only if check is mailed to you) or ATM withdrawal.

****Individual Retirement Account (IRA) Method of Computation and Payment of Interest

Interest will be compounded and credited quarterly and at maturity. At the time of account opening, you may request to have interest credited into another Westbound Bank account or paid to you by check on a quarterly basis. If you withdraw all of your funds during the renewal period, interest stops accruing as of the maturity date. Early CD withdrawal penalties may apply.

+First business debit card is free, charge applies to any additional cards requested. Primary account required for Westbound Business Advantage accounts.

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