Protect, save, and grow your funds with easy access.
Statement Savings Accounts
Protect, save and grow your money with interest. Make unlimited deposits and withdrawals with no penalty. Interest is compounded and credited monthly. Open with just $25.
- Earn interest on all balances
- We’ll waive all minimum account balance requirements when an account owner has an Affinity Checking account*.
- Free monthly electronic statements
- Account holders age 17 and younger and age 65 and older are eligible for free paper statements**
Free Perks with Every Statement Savings Account
1FDIC insurance up to $250,000 per depositor for each ownership category. See bank for complete details. Other rates and terms available. Northwest Bank is Member FDIC.
*Account holder must have a Northwest Checking account or maintain an average daily balance of $300 to avoid a $5 monthly service charge. Account holders age 17 and younger and age 65 and older are not subject to a balance requirement. For eligibility, Northwest Bank must have your age on file.
**To receive free paper statements based upon your age Northwest must have your age on file.
Zelle®: Transactions typically occur in minutes when the recipient’s email address or U.S. mobile number is already enrolled with Zelle®. Must have a bank account in the U.S. to use Zelle®. In order to send payment requests or split payment requests to a U.S. mobile number, the mobile number must already be enrolled with Zelle®. Scheduled or recurring payments sent directly to your recipient’s account number (instead of an email address or mobile number) are made available by Northwest Bank but are a separate service from Zelle® and can take 1 – 3 business days to process. Zelle® and the Zelle®-related marks are wholly owned by Early Warning Services, LLC and are used herein under license.