High-Yield Savings Account

High Yield Savings Account

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Open a 4.80% APY high-yield online savings account¹

Our Northwest Bank High-Yield Savings account is designed to help you achieve your next goal

Earn 4.80% Annual Percentage Yield (APY)¹ on a high-yield savings account with a bank that’s been trusted for over 125 years.

Open in minutes with a $25 minimum deposit
No minimum balance requirement
No monthly service fees
Interest is compounded and credited monthly

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Why save with Northwest Bank?

Access anytime, anywhere

View your account activity and make deposits with Northwest digital banking tools

Security of FDIC Insurance

Your savings accounts are backed by Northwest Bank and insured by the FDIC for up to $250,000*

Move money easily

Connect an external account or deposit checks with your mobile device to move money easily

Help if you need it

Get help from a representative or access our Bankline, 24/7 automated telephone banking

Northwest Digital Banking gives you access to help you to manage your High-Yield Savings account with ease.

Online and Mobile Banking

Access your account from your computer, mobile device, or tablet via Northwest’s website or mobile app virtually anywhere.

Account Transfers

Connect an external account to move money easily. Plus, set-up automatic transfers to keep your savings growing.

Mobile Check Deposit

Quickly, conveniently, and securely deposit checks to your account using the Northwest mobile app.

¹Annual Percentage Yield (APY) accurate as of June 22, 2023. Rate subject to change after account opening. $25 minimum opening deposit. For new accounts and new money. New money is defined as deposits not currently held in an account at Northwest Bank. Fees may reduce earnings. Available in eligible markets only.

^*FDIC insurance up to $250,000 per depositor for each ownership category. See bank for complete details. Other rates and terms available. Northwest Bank is Member FDIC. Rev. 6/22/2023