Save with certainty — and on your terms.
Whatever your financial strategy is, our business CDs do their part to get you there reliably.
Benefits You’ll Love
- Fixed rates that beat standard savings
- Choose from a range of terms that fits you
- Longer terms enjoy bigger returns
- Competitive, fixed rates that are higher than standard savings
- The longer your term, the higher your rate
- Provides more guarantee than other, more risky investments
- Set aside for future savings goals
- A wide range of terms available (from 182 days to 60 months)
- No setup or maintenance fees
- Early withdrawals subject to penalty
- $500 minimum deposit to open
Access FDIC Insurance Above $250,000
Westside State Bank is proud to offer access to FDIC insurance for accounts above the FDIC insurance limit ($250,000) through CDARS and ICS.
The placement of your funds for both CDARS and ICS occurs in increments below the standard FDIC insurance maximum of $250,000 so that both principal and interest are eligible for FDIC insurance. By working directly with just one institution, you can access insurance coverage from many. And, you receive just one regular, monthly account statement per service from us.
How CDARS works
CDARS is also known as the Certificate of Deposit Account Registry Service©. When you place a large deposit with Westside State Bank, a CDARS Network member, we use the CDARS service to place your funds into CDs issued by other members of the CDARS Network.
How ICS works
ICS is also known as the Insured Cash Sweep Service©.
When you place a large deposit with Westside State Bank, an ICS Network member, we use the ICS service to place your funds into money market deposit accounts at other FDIC-insured member institutions.
To learn more about these services, or for a list of current rates please contact us here.
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Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total interest earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Business Savings
| Minimum Opening Deposit | Balance Required to Earn Interest | Interest Rate | APY |
|---|---|---|---|
| $1 | $500,000.00 + | 3.25% | 3.25% |
| $1 | $100,000.00 - $499,999.99 | 2.15% | 2.15% |
| $1 | $1 - $99,999.99 | 0.60% | 0.60% |
Certificates of Deposit (CDs)
| Term | Minimum Opening Deposit | Interest Rate | APY |
|---|---|---|---|
| 182 Days | $500 | 4.25% | 4.30% |
| 12 Months | $500 | 3.75% | 3.75% |
| 15 Months | $500 | 1.40% | 1.40% |
| 18 Months | $500 | 2.75% | 2.76% |
| 24 Months | $500 | 1.45% | 1.45% |
| 30 Months | $500 | 1.50% | 1.50% |
| 36 Months | $500 | 1.55% | 1.55% |
| 48 Months | $500 | 1.60% | 1.60% |
| 60 Months | $500 | 1.65% | 1.65% |
Penalty for early withdrawal.
Individual Retirement Accounts (IRAs)
| Type | Term | Minimum Opening Deposit | Interest Rate | APY |
|---|---|---|---|---|
| IRA 12 MONTH CD * | 12 month(s) | $100 | 3.75% | 3.75% |
| IRA 15 MONTH CD * | 15 month(s) | $100 | 1.40% | 1.40% |
| IRA 18 MONTH CD * | 18 month(s) | $100 | 2.75% | 2.76% |
| IRA 182 DAY CD * | 182 day(s) | $100 | 4.25% | 4.30% |
| IRA 24 MONTH CD * | 24 month(s) | $100 | 1.45% | 1.45% |
| IRA 30 MONTH CD * | 30 month(s) | $100 | 1.50% | 1.50% |
| IRA 36 MONTH CD * | 36 month(s) | $100 | 1.55% | 1.55% |
| IRA 48 MONTH CD * | 48 month(s) | $100 | 1.60% | 1.60% |
| IRA 60 MONTH CD * | 60 month(s) | $100 | 1.65% | 1.65% |
| IRA SAVINGS | $100 | 1.35% | 1.36% |
* Penalty for early withdrawal.
Kasasa Cash*
| Balance | Minimum Required Opening Deposit | Interest Rate | APY |
|---|---|---|---|
| $0 - $25,000 | $50 | 2.50% | 2.50% |
| $25,000+ | $50 | 0.25% | 2.50% to 0.70% |
| All balances if qualifications not met | $50 | 0.0499% | 0.0499% |
Qualifications
To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:
- Have at least 12 debit card purchases post and settle
- Be enrolled and receive e-statement notice (receiving paper statement disqualifies you)
- Be enrolled and log into online banking monthly
Kasasa Saver*
| Balance | Minimum Required Opening Deposit | Interest Rate | APY |
|---|---|---|---|
| $0 - $25,000 | $50 | 1.50% | 1.50% |
| $25,000+ | $50 | 0.25% | 1.50% to 0.50% |
| All balances if qualifications not met | $50 | 0.0499% | 0.0499% |
Qualifications
To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:
- Have at least 12 debit card purchases post and settle
- Be enrolled and receive e-statement notice (receiving paper statement disqualifies you)
- Be enrolled and log into online banking monthly
Money Market Account
| Balance Required to Earn Interest | Minimum Opening Deposit | Interest Rate | APY |
|---|---|---|---|
| $500,000.00 + | $2,500 | 2.15% | 2.17% |
| $250,000.00 - $499,999.99 | $2,500 | .75% | .75% |
| $100,000.00 - $249,999.99 | $2,500 | .75% | .75% |
| $25,000.00 - $99,999.99 | $2,500 | .65% | .65% |
| $2,500.00 - $24,999.99 | $2,500 | .65% | .65% |
| $0.01 - $2,499.99 | $2,500 | .60% | .60% |
Passbook Savings
| Minimum Opening Deposit | Balance Required to Earn Interest | Interest Rate | APY |
|---|---|---|---|
| $1 | $1 | 0.60% |
0.60% |
| $1 | $150,000 | 1.50% | 1.51% |
| $1 | $250,000 | 2.10% | 2.12% |
Special CDs
| Term | Deposit Amount | Interest Rate | APY |
|---|---|---|---|
| 6 Months | < $100,000 | 4.25% | 4.30% |
| 6 Months | => $100,000 | 4.50% | 4.55% |
| 9 Months | < $100,000 | 4.00% | 4.02% |
| 9 Months | => $100,000 | 4.25% | 4.27% |
Penalty for early withdrawal