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West Michigan Community Bank
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Personal Savings

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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
  • Interest Rate: variable, tiered, and compounded monthly

Premium Money Market

  • Minimum daily balance of $25,000 to earn interest
  • Limited* check writing abilities
  • 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 and paid annually

Home Owner's 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

*Regulation D restrictions: unlimited withdrawals in-person, including ATM transactions; six withdrawals per month not in-person, including those made by telephone, online banking, ACH, debit card, and also by check for money market accounts.

**No withdrawals without penalty before annual disbursement date.

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


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.

Have a Question?

Please feel free to contact us with any questions you may have.

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