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.

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Personal Savings Accounts

Features	Regular Savings	Minor Savings	California Uniform Transfers to Minors Act (CUTMA)	Health Savings Account
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	A savings account that individuals with high deductible health insurance policies can fund and use to pay for medical expenses ²
Minimum Opening Deposit	$50	$25	$25	$100 $20 one time implementation fee
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	$3
Minimum Balance to Waive Service Charges	$300 Daily Balance	Not Applicable	$300 Daily Balance	$1,000 Daily Balance
Interest Earning	Yes ³	Yes ³	Yes ³	No interest earned on days the balance falls below $500 Interest is accrued daily and paid monthly at current market rate If the account is closed prior to the interest payment period, interest will not be received
Transaction Limits	None	None	CUTMA Savings Accounts are eligible for ATM access only	Refer to “Understanding Your Deposit Account" Terms and Conditions for details Please see a Banking Center Specialist with questions Contributions ²
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	Unlimited check writing and debit card usage Monthly statements Flexible access to account funds Tiered rates for higher balances 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	Yes ³	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	Yes ³	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	Yes ³	CUTMA Savings Accounts are eligible for ATM access only	Please see a New Accounts Representative for more details Free Online Banking
Health Savings Account	A savings account that individuals with high deductible health insurance policies can fund and use to pay for medical expenses ²	$100 $20 one time implementation fee	$3	$1,000 Daily Balance	No interest earned on days the balance falls below $500 Interest is accrued daily and paid monthly at current market rate If the account is closed prior to the interest payment period, interest will not be received	Refer to “Understanding Your Deposit Account" Terms and Conditions for details Please see a Banking Center Specialist with questions Contributions ²	Unlimited check writing and debit card usage Monthly statements Flexible access to account funds Tiered rates for higher balances Free Online Banking

(1) eStatements require a valid email address.
(2) You should consult your tax advisor regarding the tax benefits of contributing to a Health Savings Account. To ensure your contribution is credited to the appropriate taxable year, we recommend contributions be made in cash or its equivalent at a Banking Center near you.
(3) 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.