Putting money into your savings account is the best thing you can do to prepare for an unexpected emergency or expense. Just a bit every month can give you peace of mind that you’re ready for a home repair, medical expense or that dream vacation. Or, if you or your kids have college plans, you know how important it is to get a head start on a savings account. At BankWest, we have savings options designed to serve your needs.
BankWest has the right Savings Account for you!
|Statement Savings||An interest-earning savings account for folks just getting started on their savings.|
|BankWest Health Savings||A tax-advantaged, custodial account used to pay out-of-pocket medical expenses.|
If you are just getting started with your savings, this is where you begin. It offers an easy, inexpensive way to save.
- $100 minimum opening deposit
- Quarterly interest payment
- Annual statement
- Low $100 minimum monthly balance to waive $5 monthly charge1
- Limited number of withdrawals allowed per statement cycle
BankWest Health Savings Account
Health issues often arise unexpectedly. Saving a bit every month can give you peace of mind that you’re ready for any unforeseen medical expenses. This is a tax-advantaged account designed for paying qualified out-of-pocket medical expenses in conjunction with a high-deductible health care plan.
- Account funds can be rolled over each year
- Tax-free earnings2
- Tax-deductible contributions2
- Tax-free withdrawals2
- Interest earning
- No minimum opening deposit
- Unlimited check writing
- Free BankWest HSA debit card
- Subject to checking account fees and disclosures
Each time you make a debit card purchase, we calculate the amount needed to round the purchase up to the nearest dollar and transfer that amount from your checking account to savings.
It all adds up — use our financial calculators to project your savings and set your goals.
Saving for your dream home? Visit our Home Loans page to learn how BankWest can help.