Protect, save, and grow your funds with easy access.

Statement Savings Accounts

Statement Savings Accounts

Protect, save and grow your money with interest. Make unlimited deposits and withdrawals with no penalty. Interest is compounded and credited monthly. Open with just $25.

  • Earn interest on all balances
  • Maintain an average daily balance of $300 to avoid a $5 monthly service charge*
  • Free monthly electronic statements
  • Account holders age 17 and younger and age 65 and older are eligible for free paper statements**

Free Perks with Every Statement Savings Account

Secure Your Savings

Your savings are backed by Northwest Bank and insured by the FDIC for up to $250,0002

Waive Monthly Service Fees

Your savings balance can help waive monthly service fees on an Affinity Plus or Affinity Premier checking account

Online and Mobile Banking

Featuring Bill Pay, Zelle®, alerts, Money Insights, fraud prevention software, CardValet®, and more

Use our financial tips and tools to learn strategies to help your savings grow.

How to build an emergency savings fund

An emergency savings fund can help you prepare for potential problems that appear on your horizon like car repairs, job loss, or many other situations. Read this article to learn how to build an emergency savings fund, how much you may need, and finding ways to save.

Learn more

The difference between Savings and Money Market accounts

Choosing between a savings account or a money market account may seem daunting. Let us help by explaining the difference between these two common savings accounts to help you determine which may be the right account for you.

Learn more

Calculator: Saving towards a goal

How much you save, for how long, and the interest you earn are all factors in reaching your savings goals. Use our savings goal calculator to determine what steps you need to take to reach your savings goal.

Get started

1For Statement Savings and Money Market Deposit Accounts, Federal law does limit the number of electronic debits, including telephone transfers, internet transfers, ACH transactions and checks. See bank for details.

2FDIC 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. 2/14/2022

*Account holders age 17 and younger and age 65 and older are not subject to a balance requirement. For eligibility, Northwest Bank must have your age on file.

**To receive free paper statements based upon your age Northwest must have your age on file.