Savings Accounts
Putting sunshine in your rainy-day fund
At Point West, there are many Savings and Deposit Accounts to meet your needs, to grow with you as your needs change.
Savings Account Benefits
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Access to ATMs nationwide
You can use nearly 30,000 surcharge-free CO-OP ATMs† nationwide so you always have access to cash when you need it.
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In-person teller services
We have more than 5,000 CO-OP Shared Branches (including over 2,000 self-service locations) in all 50 states, Puerto Rico, Guam, and military bases around the globe.
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Free Online Banking
Pay your bills online††, access free check imaging and re-order checks.
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Free Mobile Banking
This includes Mobile Check Deposit and free alerts for your accounts.
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e-Statements
Sign up to receive paperless statements each month.
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Insured Funds
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.
Share Account (Savings)
$5 must be deposited and kept in a share account in order to become a Point West member.
Money Market Account
A Point West Credit Union Money Market Account pays higher dividends than our savings account and still provides you with immediate access to your funds. Withdraw cash as often as you like. Interest is calculated daily and paid monthly. Money Market Rates are tiered, so the more you have on deposit, the more you earn.
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Minimum opening balance
Minimum opening balance
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Tiered rates
Tiered rates
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Annual Percentage Yield (APY) as high as
Annual Percentage Yield (APY) as high as
Share Account (Savings)
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Minimum opening balance
$5
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Tiered rates
No
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Annual Percentage Yield (APY) as high as
0.03%*
Money Market Account
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Minimum opening balance
N/A
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Tiered rates
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Annual Percentage Yield (APY) as high as
0.250%**
Open your Savings Account!
Disclosures
*APY = Annual Percentage Yield. Dividend Rate/APY may change at any time. Savings and Money Market Transfer Limitations – Up to six (6) transfers per calendar month, per suffix/account. The transfer limitation applies to preauthorized, automatic, overdraft, and telephone transfers (including Speedy Line and Online Banking) to another account of yours or a third party. A preauthorized transfer includes any arrangement with Point West Credit Union to pay a third party from your account upon written or oral orders (such as your automobile insurance company or health club, including orders received through the Automated Clearing House (ACH)). There is no limit on the number of transactions you may make to another Point West Credit Union account or withdrawals (checks made directly to you) when such transfer or withdrawal is initiated in person, by mail or at an ATM. No monthly account fee if enrolled in paperless eStatements; otherwise fee is $2/month. Minimum of $5.00 deposited in order to earn stated APY.
**APY = Annual Percentage Yield. Dividend Rate/APY may change at any time. Savings and Money Market Transfer Limitations – Up to six (6) transfers per calendar month, per suffix/account. The transfer limitation applies to preauthorized, automatic, overdraft, and telephone transfers (including Speedy Line and Online Banking) to another account of yours or a third party. A preauthorized transfer includes any arrangement with Point West Credit Union to pay a third party from your account upon written or oral orders (such as your automobile insurance company or health club, including orders received through the Automated Clearing House (ACH)). There is no limit on the number of transactions you may make to another Point West Credit Union account or withdrawals (checks made directly to you) when such transfer or withdrawal is initiated in person, by mail or at an ATM.