Rates

Effective Date: 03/20/2017

Special Promotions

Min. to Earn APY* Interest Rate APY* Min. to Earn APY Interest Rate APY* Compound
             

Certificates of Deposits (CD)

Minimum to open $1,000

Term Min. to Earn APY* Interest Rate APY* Min. to Earn APY* Interest Rate APY* Compound Interest Paid
under $100,000 $100,000 & over
30 Day $1,000 0.30% 0.30% $100,000 0.30% 0.30% At Maturity
60 Day $1,000 0.35% 0.35% $100,000 0.35% 0.35% At Maturity
90 Day $1,000 0.40% 0.40% $100,000 0.40% 0.40% At Maturity
180 Day $1,000 0.50% 0.50% $100,000 0.50% 0.50% Quarterly
12 Month $1,000 1.00% 1.00% $100,000 1.00% 1.00% Quarterly
18 Month $1,000 1.14% 1.14% $100,000 1.14% 1.14% Quarterly
24 Month $1,000 1.34% 1.35% $100,000 1.34% 1.35% Quarterly
30 Month $1,000 1.39% 1.40% $100,000 1.39% 1.40% Quarterly
36 Month $1,000 1.54% 1.55% $100,000 1.54% 1.55% Quarterly
48 Month $1,000 1.69% 1.70% $100,000 1.69% 1.70% Quarterly
60 Month $1,000 1.94% 1.95% $100,000 1.94% 1.95% Quarterly
Early CD withdrawal penalties may apply.

Individual Retirement Accounts (IRA)

Minimum to open $500

Term Min. to Earn APY* Interest Rate APY* Min. to Earn APY* Interest Rate APY* Compound Interest Paid
under $100,000 $100,000 & over
12 Month $500 0.90% 0.90% $100,000 0.90% 0.90% Quarterly
24 Month $500 1.24% 1.25% $100,000 1.24% 1.25% Quarterly
36 Month $500 1.49% 1.50% $100,000 1.49% 1.50% Quarterly
48 Month $500 1.59% 1.60% $100,000 1.59% 1.60% Quarterly
60 Month $500 1.84% 1.85% $100,000 1.84% 1.85% Quarterly
Early CD withdrawal penalties may apply.

Classic Savings

Minimum to open $100

Minimum Balance Required to Earn APY* Interest Rate APY* Compound
NA 0.20% 0.20% Quarterly

Classic Money Market

Minimum to open $100

Minimum Balance Required to Earn APY* Tier Interest Rate APY* Compound
$2,500 $2,500-$9,999.99 0.35% 0.35% Monthly
$10,000 $10,000-$24,999.99 0.40% 0.40% Monthly
$25,000 $25,000-$49,999.99 0.45% 0.45% Monthly
$50,000 $50,000-$94,999.99 0.60% 0.60% Monthly
$95,000 $95,000 and over 0.75% 0.75% Monthly

Westbound Business Advantage
(Business Money Market)

Minimum to open $500

Minimum Balance Required to Earn APY* Tier Interest Rate APY* Compound
$3,000 $3,000-$9,999.99 0.35% 0.35% Monthly
$10,000 $10,000-$24,999.99 0.40% 0.40% Monthly
$25,000 $25,000-$49,999.99 0.45% 0.45% Monthly
$50,000 $50,000-$94,999.99 0.60% 0.60% Monthly
$95,000 $95,000 and over 0.75% 0.75% Monthly

Performance Interest Checking

Minimum to open $50

Minimum Balance Required to Earn APY* Interest Rate APY* Compound
0.01 - 1,999.99 0.05% 0.05% Monthly
2,000.00 and over 0.10% 0.10% Monthly

Value Checking

Minimum Balance Required to Earn APY* Interest Rate APY* Compound
NA 0.05% 0.05% Monthly

Business IOLTA Account

Minimum to open $100

Minimum Balance Required to Earn APY* Interest Rate APY* Compound
$2,500 0.10% 0.10% Monthly

Business Interest Checking

Minimum to open $100

Minimum Balance Required to Earn APY* Interest Rate APY* Compound
$2,000 0.10% 0.10% Monthly

*APY = Annual Percentage Yield

The interest rate and annual percentage yield may change after account opening. Fees could reduce the earnings on the accounts. Rates are applicable as of the effective date of these rates and may change at the Bank's discretion. Contact a Westbound Bank Representative for further information about applicable fees and terms.

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