Secure Your Savings with Community West Bank
Our personal savings accounts provide competitive interest rates and flexible options.
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Personal Savings
Tomorrow Is Worth Planning For
You work hard for your money, and we work hard to protect it with a full selection of strong, secure savings plans. Switch to Community West Bank and get the service you deserve.
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Explore Our Savings Account Options
| Features | Regular Savings | Minor Savings | California Uniform Transfers to Minors Act (CUTMA) | Health Savings Account |
|---|---|---|---|---|
Description |
For customers who need flexible access to account funds |
For customers under age 19 with a parent or guardian as joint account holder |
|
A savings account that individuals with high deductible health insurance policies can fund and use to pay for medical expenses(2) |
Minimum Opening Deposit |
$50 |
$25 |
$25 |
$100 ($20 one time set up fee) |
Monthly Service Charge Monthly Service Charge |
$5 |
Account will convert to a Regular Savings Account when the minor reaches 19 years of age |
$4 |
$3 |
Balance to Waive Service Charges |
$300 Daily Balance |
Not Applicable |
$300 Daily Balance |
$1,000 Daily Balance |
Interest Earning |
Yes (3) |
Yes (3) |
Yes (3) |
|
Transaction Limits |
None |
None |
Eligible for ATM access only |
|
Benefits |
|
|
|
|
Explore Our Savings Account Options
| Features | Description |
Minimum Opening Deposit |
Monthly Service Charge Monthly Service Charge |
Balance to Waive Service Charges |
Interest Earning |
Transaction Limits |
Benefits |
|---|---|---|---|---|---|---|---|
| Regular Savings | For customers who need flexible access to account funds |
$50 |
$5 |
$300 Daily Balance |
Yes (3) |
None |
|
| Minor Savings | For customers under age 19 with a parent or guardian as joint account holder |
$25 |
Account will convert to a Regular Savings Account when the minor reaches 19 years of age |
Not Applicable |
Yes (3) |
None |
|
| California Uniform Transfers to Minors Act (CUTMA) |
|
$25 |
$4 |
$300 Daily Balance |
Yes (3) |
Eligible for ATM access only |
|
| Health Savings Account | A savings account that individuals with high deductible health insurance policies can fund and use to pay for medical expenses(2) |
$100 ($20 one time set up fee) |
$3 |
$1,000 Daily Balance |
|
|
|
(1) eStatements require a valid email address. (2) You should consult your tax advisor regarding the tax benefits of contributing to a Health Savings Account. To ensure your contribution is credited to the appropriate taxable year, we recommend contributions be made in cash or its equivalent at a Banking Center near you. (3) Refer to rate sheet for current information.
Please Note: This information is accurate as of July 22, 2024. Refer to “Understanding Your Deposit Account” for terms and conditions and account disclosures. Central Valley Community Bank/Community West Bank reserve the right to make changes at any time as a result of a change of policy, law, and regulation or otherwise.
