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Unlock Higher Interest Rates with Money Market Accounts

Money Market Accounts

Keep Your Money Safe, Secure and Growing

A Money Market Account is flexible account earning more than a traditional savings account with instant access to your funds.

Personal Money Market Accounts

Features Money Market Account Premium Money Market Account

Description

  • For customers who want to earn a higher interest rate over regular savings while having immediate access to investment dollars
  • Available to sole proprietorships, non-profit organizations, partnerships, corporations and limited liability companies
  • For customers who want to earn a higher interest rate over regular savings while having immediate access to investment dollars
  • Available to sole proprietorships, non-profit organizations, partnerships, corporations and limited liability companies

Minimum Opening Deposit

  • $3,500
  • $10,000

Monthly Service Charge

  • $12
  • $17

Minimum Balance to Waive Service Charge

  • $3,500 Daily Balance
  • $10,000 Daily Balance

Interest Earning

  • Yes1
  • Yes1

Transaction Limits

  • None
  • None

Benefits

  • Tiered to pay higher rates for higher balances 
  • Free eStatements2
  • Tiered to pay higher rates for higher balances 
  • Free eStatements2

Personal Money Market Accounts

Features

Description

Minimum Opening Deposit

Monthly Service Charge

Minimum Balance to Waive Service Charge

Interest Earning

Transaction Limits

Benefits

Money Market Account
  • For customers who want to earn a higher interest rate over regular savings while having immediate access to investment dollars
  • Available to sole proprietorships, non-profit organizations, partnerships, corporations and limited liability companies
  • $3,500
  • $12
  • $3,500 Daily Balance
  • Yes1
  • None
  • Tiered to pay higher rates for higher balances 
  • Free eStatements2
Premium Money Market Account
  • For customers who want to earn a higher interest rate over regular savings while having immediate access to investment dollars
  • Available to sole proprietorships, non-profit organizations, partnerships, corporations and limited liability companies
  • $10,000
  • $17
  • $10,000 Daily Balance
  • Yes1
  • None
  • Tiered to pay higher rates for higher balances 
  • Free eStatements2

1) No interest earned on days balance falls below $3,500 for a Money Market account, $10,000 for a Premium Money Market account. If the account is closed prior to the interest payment period, interest will not be received. This account is a tiered-rate account. The interest rate and annual percentage yield for your account depends upon the applicable rate tier. We may change the interest rate on your account at any time.

2) eStatements require a valid email address. 

Refer to “Understanding Your Deposit Account” for terms and conditions and account disclosures.

Please note: This information is accurate as of July 22, 2024. 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.

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Maximize Your Savings

Open a Money Market Account today and enjoy higher interest rates with easy access to your funds. Start growing your savings now!

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