Personal Savings

Personal Savings Accounts

No matter your saving needs, West Michigan Community Bank has the account for you. We offer six options to keep your savings on track, so you can achieve your goals sooner.

Primary Savings

  • Low minimum daily balance required to avoid service charge
  • Interest Rate: variable, tiered and compounded monthly

Minor Savings

  • No minimum balance until age 18
  • No monthly service charges
  • At age 18 product becomes a Primary Savings account
  • Interest Rate: variable, tiered and compounded monthly

Solution Money Market

  • Minimum opening deposit $1,000
  • Minimum daily balance of $1,000 required to avoid monthly service charge
  • Limited* check writing abilities
  • First order of checks complimentary
  • Interest Rate: variable, tiered and compounded monthly

Premium Money Market

  • Minimum opening deposit $25,000 to earn interest
  • Minimum daily balance of $25,000
  • Limited* check writing abilities
  • First order of checks complimentary
  • Interest Rate: variable, tiered and compounded monthly

Goal Savings

  • Minimum opening deposit of $20
  • Choose disbursement date upon account opening
  • Penalties apply if withdrawal is before selected disbursement date**
  • Disbursements are made annually by direct deposit
  • Interest Rate: variable, tiered and compounded monthly

Home Owners Savings

  • 60 month term
  • Premium interest rate
  • Early withdrawal penalties may apply***
  • No penalty for early withdrawal if funds are used in conjunction with a home equity or mortgage at WMCB

For more specific rate and service charge information, or to speak with a personal banker about our savings accounts, contact us, or visit one of our locations today!

Opening deposit and minimum balance of $100.00 unless otherwise noted.

*Regulation D restrictions: unlimited withdrawals in-person, including ATM transactions; six withdrawals per month not in-person, including by check for money market accounts.

**No withdrawals without penalty before annual disbursement date.

***Early withdrawal penalty equal to 12 months interest.

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