coin stacks with green shoots

Grow Your Wealth

Personal Savings

Tomorrow Is Worth Planning For

You work hard for your money, and we work hard to protect it with a full selection of strong, secure savings plans. Switch to Community West Bank and get the service you deserve.

Download our helpful SwitchKit today!

Personal Savings Accounts

Features Regular Savings Minor Savings California Uniform Transfers to Minors Act (CUTMA)

Description

  • For customers who need flexible access to account funds
  • For customers under age 19 with a parent or guardian as joint account holder
  • For custodians holding funds solely for the benefit of a minor as owner of the account
  • The custodian has access to the funds until releases as specified by custodian

Minimum Opening Deposit

  • $50
  • $25
  • $25

Monthly Service Charge 

  • $5
  • New accounts will not incur a service charge in the first 90 days if minimum balance requirement is met
  • Account will convert to a Regular Savings Account when the minor reaches 19 years of age
  • $4

Minimum Balance to Waive 
Service Charges

  • $300 Daily Balance
  • Not Applicable
  • $300 Daily Balance

Interest Earning

  • Yes2
  • Yes2
  • Yes2

Transaction Limits

  • None
  • None
  • CUTMA Savings Accounts are eligible for ATM access only

Benefits

  • Flexible access to account funds 
  • Free eStatements 1
  • Free Online Banking
  • Free access to ATMs using MoneyPass® network
  • Flexible access to account funds 
  • Free eStatements 1
  • Free Online Banking
  • Free access to ATMs using the MoneyPass® network
  • Please see a New Accounts Representative for more details
  • Free Online Banking 

Personal Savings Accounts

Features

Description

Minimum Opening Deposit

Monthly Service Charge 

Minimum Balance to Waive 
Service Charges

Interest Earning

Transaction Limits

Benefits

Regular Savings
  • For customers who need flexible access to account funds
  • $50
  • $5
  • New accounts will not incur a service charge in the first 90 days if minimum balance requirement is met
  • $300 Daily Balance
  • Yes2
  • None
  • Flexible access to account funds 
  • Free eStatements 1
  • Free Online Banking
  • Free access to ATMs using MoneyPass® network
Minor Savings
  • For customers under age 19 with a parent or guardian as joint account holder
  • $25
  • Account will convert to a Regular Savings Account when the minor reaches 19 years of age
  • Not Applicable
  • Yes2
  • None
  • Flexible access to account funds 
  • Free eStatements 1
  • Free Online Banking
  • Free access to ATMs using the MoneyPass® network
California Uniform Transfers to Minors Act (CUTMA)
  • For custodians holding funds solely for the benefit of a minor as owner of the account
  • The custodian has access to the funds until releases as specified by custodian
  • $25
  • $4
  • $300 Daily Balance
  • Yes2
  • CUTMA Savings Accounts are eligible for ATM access only
  • Please see a New Accounts Representative for more details
  • Free Online Banking 

(1) eStatements require a valid email address. 
(2) Refer to rate sheet for current information.

Please Note: This information is accurate as of July 22, 2024. Refer to "Understanding Your Deposit Account” for terms and conditions and account disclosures. Community West Bank reserves the right to make changes at any time as a result of a change of policy, law, and regulation or otherwise.






Woman and child read a book and laugh

Secure Your Savings with Community West Bank

Our personal savings accounts provide competitive interest rates and flexible options. 

We value your privacy

This website uses cookies to provide a better user experience, as explained in our Online Privacy Policy. By continuing to use this website, you accept the terms of our Online Privacy Policy and our usage of cookies.