1.10% APY Best Interest Rate for Savings Account with One West Bank
One West Bank provides high interest rate savings account called Green Savings. This is the bank’s online savings account which lets you save and manage your account thru your own computer at home. The best interest rate savings account online lets you earn 1.10% APY on balances of $1,000 and above. Earnings of this account is being compounded daily and paid every month.
Individuals who want to take advantage of this high interest rate savings account may complete the application online. You are also required to have a minimum deposit of $100 to open an account. Take note that for you to be able to earn the interest rate offered by the bank you must atleast have a monthly average balance of $1,000 on your account. In case your balance is below $1,000, you do not have to worry since there is no maintaining balance for this type of savings account. Once you already have an account with One West Bank, make sure to check with the bank for the current rates since it changes from time to time without notice.
If you are thinking about service charges for withdralwals and transfers, you don’t have to worry since you are allowed to make a total of 6 withdralwals and transfers per statement cycle. When you exceed, that is the only time that you will be chargedwith penalties.
One West Bank have branches located in the cities of Glendale, Arcadia, Hastings Ranch, San Marino, and Pasedena in the state of California. You may also want to contact their customer service line regarding Green Saving account, current rates, or other concers thru 877-741-9378.
One West Bank is a sizeable company that have over $27 billion in total assets and they were just formed in 2009. The bank is also insured by the Federal Deposit Insurance Corporation and has a certificate number 58978.
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