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All Bank of Washington savings accounts include these FREE benefits:

Compare Accounts

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Interest
Monthly Service Charge
Minimum to Open
Additional Points

Personal Money Market

Deposit Account - MMDA

Open an Account
  • Free if $1,000 daily balance requirement is met
  • $10 fee will apply if balance requirement not met
  • $1,000 to open
  • Transfers to another account or to third parties by preauthorized, automatic, telephone or computer transfer by check, draft, or debit card, or similar order to third parties are limited to (6) six per statement cycle. $15 fee if limit is exceeded

Personal Savings

Open an Account
  • Free
  • $100 over age 18
  • $25 age 18 and under
  • No daily balance requirement
  • Transfers to another account or to third parties by preauthorized, automatic, telephone or computer transfer are limited to (6) six per month. $15 fee if limit is exceeded

Certificate of Deposit - CD

Open an Account
  • Does not apply
  • $500
  • Low-risk investment with several terms and options to meet your needs

Individual Retirement Account - IRA

Open an Account
  • Free
  • $500
  • May receive tax deduction

Health Savings Account - HSA

Open an Account
  • Free
  • Does not apply
  • Typically offered through employers as a health benefit, or can also provide a tax benefit to the self-employed

Christmas Club Account

Open an Account
  • Free
  • $5
  • Direct deposit or coupon books available
  • Deposits required to be made in $5 increments
  • Interest is paid annually with a check mailed in mid-October for your Christmas shopping

Important information about procedures for opening a new account:
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. 

What this means for you:
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your drivers license or other identifying documents.


 APY = Annual Percentage Yield