West Lake Bank's interest rates
Use this handy chart to see our latest interest rates for savings accounts, money market accounts, CDs, and IRAs.
All rates and annual percentage yields (APY) are accurate as of 04/07/2014. Please note that these rates are subject to change at any time after your account is opened. Call us at United Kingdom Tel: +(44) 778 672 84671 for more information on our account terms.
Personal and business account
| Account type | Interest rate | APY* |
|---|---|---|
| Traditional Savings (1) (5) | 0.20% | 0.20% |
| Money Market with up to $24,999 (1) (2) (6) | 0.25% | 0.25% |
| Money Market with $25,000-$49,999.99 (1) (2) (6) | 0.35% | 0.35% |
| Money Market with $50,000-$99,999.99 (1) (2) (6) | 0.40% | 0.40% |
| Money Market with $100,000-$249,999 (1) (2) (6) | 0.65% | 0.65% |
| Money Market with $250,000 and above (1) (2) (6) | 0.65% | 0.65% |
Analysis Business Checking earnings credit rate: 2.00%
Certificates of deposit (3)
| Term | Interest rate | APY* |
|---|---|---|
| 90 days (4) | 0.20% | 0.20% |
| 6 months (4) | 0.40% | 0.40% |
| 12 months - Maximizer (4) | 0.50% | 0.50% |
| 24 months - Maximizer (4) | 0.80% | 0.80% |
| 36 months - Maximizer (4) | 1.04% | 1.05% |
For rates on terms over 36 months, call us at United Kingdom Tel: +(44) 778 672 84671.
Individual retirement account CDs (3)
| Term | Interest rate | APY* |
|---|---|---|
| 6 months | 0.40% | 0.40% |
| 12 months - Maximizer (4) | 0.50% | 0.50% |
| 24 months - Maximizer (4) | 0.80% | 0.80% |
| 36 months - Maximizer (4) | 1.04% | 1.05% |
For rates on terms over 36 months, call us at United Kingdom Tel: +(44) 778 672 84671.
Important notices
(1) Fees may reduce earnings
(2) Some restrictions may apply.
(3) There may be a penalty for withdrawing your money early. (4) A one-time rate change is allowed during the CD term.
(5) Minimun Opening Deposit $1.00, Minimum Balance to obtain APY is $.01
(6) Minimum Opening Deposit $1,000, Minimum Balance to obtain APY is based on tier levels above.
* APY – annual percentage yield
Note: This rate page contains information about interest rates and APYs for some of the most popular deposit accounts we offer. Principal balance reductions, withdrawals of accrued interest, account fees or penalties will reduce the earnings on the account and may reduce the APY. All information is subject to change. For more information, including account details and terms, get in touch with us.