INTEREST AND AN EASY WAY TO BUILD YOUR SAVINGS

Classic Savings

Our Classic Savings account is a great choice for those who are newer to saving and just want to put away a little extra. This is the savings account with our lowest opening deposit, yet still earns interest with a low minimum balance.

What You Get

  • Low opening deposit and minimum balance requirements
  • Interest that compounds daily and is paid monthly
  • Online Banking with Bill Pay
  • Unlimited deposits and withdrawals made in person at a Bank of the West branch or ATM
  • A maximum of six pre-authorized, automatic or recurring transfers per calendar month (excess withdrawal fee of $15 if the maximum is exceeded)1
  • FDIC insured up to the maximum established by the FDIC per depositor and ownership type
  • Mobile Banking2

Monthly Service Charge

The monthly service charge is $5.

To waive the charge, simply meet one of the following criteria each statement cycle:

  • Maintain an average monthly balance of at least $300 ($50 in Minnesota) OR
  • Use Auto-Save3 to set up recurring monthly transfers of $25 or more from your Bank of the West checking account OR
  • Primary account holder is 18-years old or younger
Want to know more about us?

Check out our Award Page.

1Federal regulation requires that all money market and savings accounts be strictly limited to a total of no more than six (6) transactions by check, draft, debit card or similar order payable to third parties and/or pre-authorized, automatic or telephone transfers from the account either to a third party or to another account (includes Online Banking transfers). This applies per statement cycle for money market accounts or per calendar month for savings accounts. For each transaction in excess of six (6) an Excess Withdrawal Fee will be charged regardless of the account balance, other fees or type of withdrawal. Please refer to the Schedule of Fees and Charges for your state in our Disclosure link below for details.

2Wireless carriers may charge fees for text transmissions or data usage.

3If there are not sufficient funds in your checking account to complete a scheduled Auto-Save transfer to your savings or money market account, no transfer will occur, even if you have available overdraft protection through Savings Overdraft Protection and/or Gold Line. This means that if your savings or money market account monthly service charge would have been waived as a result of an eligible Auto-Save or recurring transfer from your checking account, you may incur a monthly service charge for that statement cycle.

*Rates may change at any time without prior notice, before or after the account is opened. Fees could reduce earnings on the account. Additional restrictions may apply.

You are leaving the Bank of the West website.

Please be aware: The website you are about to enter is not operated by Bank of the West. Bank of the West does not endorse the content of this website and makes no warranty as to the accuracy of content or functionality of this website. The privacy and security policies of the site may differ from those practiced by Bank of the West.


To proceed to this website, click OK, or hit Cancel to remain on the Bank of the West website.