Savings Account
Put your hard-earned money somewhere safe where it can grow.
A Savings Account from AmericanWest Bank is an easy way to build your savings. Take advantage of Online Banking and our other convenient services designed to make saving easy and give you peace of mind.
Building A Savings Plan.....Learn More
- Summary
- Interest earning
- 3 free withdrawals a month, per withdrawal fee thereafter
- Free Online Banking
- Free statements
- Free TeleBanc Phone Banking
- Automated teller access
- Electronic Funds Transfers
- Unlimited transfers and withdrawals in person, by messenger, mail, or ATM
- Account is subject to Regulation D activity restrictions
- Monthly fee waived on balances $200 and over
- Fee waived for young adults under 21 and seniors 65 and over
- Free Direct Deposit
- FDIC insurance
- $100 to open
- More Information
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Account fees: A service fee is assessed monthly if the daily balance falls below $200 at any time during the month. A fee is assessed for each withdrawal or transfer exceeding three (3) per month.
Rate Information: Savings Accounts earn interest based on a variable interest rate. This rate is determined by PWB and may change without notice. There are no limitations on the frequency of interest rate changes or the amount the rate may change at any one time. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest will be compounded quarterly and will be credited to the account quarterly. If the account is closed before interest is credited, you will not receive the accrued interest.
Balance Information: 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.
Limitations: You may make no more than six preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or other similar transactions from your account per month or statement cycle. Transfers and withdrawals made in person by messenger, by mail, or at an ATM are unlimited.
