BankWest

Other Services | Misc. Fees | Odyssey Club

Personal Banking Services

Personal Checking

FREE CHECKING!

Limitations: Check writing is unlimited.

Account Fees: No minimum balance requirements, no service charge. Cancelled checks are not returned, you will receive an itemized monthly statement. 

 

Personal Savings

Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account quarterly. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded daily and will be credited to the account quarterly. 

Balance Information: We use the daily collected balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. 

Limitations: Withdrawals are limited to 9 per quarterly statement cycle.

Account Fees: $.50 fee for each withdrawal in excess of 9 during each  statement cycle. A $3.00 monthly fee will be charged if the  average daily balance is less than $100.00 for the statement cycle.

 

Personal Money Market

Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield will depend upon the balance in the account as shown on the Rate Chart. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account monthly. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly.

Balance Information: We use the daily collected balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. The average daily balance of the account per statement cycle is used to determine the rate tier applicable to that statement cycle.

Limitations: You must deposit $1,000.00 to open this account. You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction. Three (3) of these transfers may be made by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

Account Fees: $10.00 charge per month if daily balance is ever below $1,000.00 during the statement cycle. Canceled checks are not returned. 

 

Certificates of Deposits

Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield will not change for the term of the account. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest will be compounded daily on the account. Interest will be credited to the account at maturity.

Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $100.00 ($100,000.00 for Jumbo CD's) in the account each day to obtain the disclosed annual percentage yield.

Limitations: You must deposit $100.00 ($100,000.00 for Jumbo CD's) to open this account.  You may not make additional deposits into this account. You may not make withdrawals from your account until the maturity date.

Account Fees: After the CD matures, you will not receive interest accrued during the 10 day grace period if CD is withdrawn.

Time Account Information: Account maturity depends upon the original term. If you withdraw any of the principal before the maturity date we may impose a penalty of 1 months interest. Early withdrawal of Certificate of Deposit requires all joint owners signatures. This account will automatically renew at the then prevailing rate for the like term. You will have 10 days after the maturity date to withdraw funds without penalty.

 

Individual Retirement Accounts

Description: Individual Retirement Accounts provide a tax shelter as well as retirement security. IRAs are available to all working individuals and their spouses. Each week a Harris representative visits each of our branches to provide financial counseling, life insurance, stocks, investments and IRA management. IRA interest earned remains tax-deferred while you build a fund for your future. (Roth IRA interest earned is tax-deferred and may be tax free at time of withdrawal.) New accounts and rollovers are welcome!

Rate Information: This account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account every six months on the six month anniversary of the account. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). Interest will be compounded daily and will be credited to the account every six months. 

Balance Information: We use the daily collected balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $100.00 in the account each day to obtain the disclosed annual percentage yield.

Limitations: You must deposit $100.00 to open this account. Contributions for the current tax year must be made by April 15 of the following year. Access to your IRA funds can start without Federal penalty at age 59½, however, you must begin to withdraw (qualified distribution phase) funds by April 15th of the year following age 70½ (excluding Roth IRA). If you withdraw any of the principal before the maturity date we may impose a penalty of 1 months interest. Each depositor is insured for retirement purposes, e.g. IRAs, Keoghs, and pension or profit-sharing plans up to $100,000 by FDIC. Withdrawals are not permitted on the account unless in a qualified distribution phase, then  are limited to 3 per quarterly statement cycle. You must maintain a minimum balance of $100.00 for the account to remain open.

Account Fees: During qualified distribution phase, $.50 fee for  each withdrawal in excess of 3 during each  statement cycle. 

 

Please call or visit one of our Bank locations today to apply.

Account Disclosures

 

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