If you are interested in opening a Certificate of Deposit (CD) or any of our IRA accounts, please visit one of our branch locations most convenient to you.
CDs
With a minimum deposit of $2,500, a CD offers a competitive fixed rate, a fixed term of investment, plus a guaranteed return of your principal. The rate of interest is set at the time of issue and is dependent upon the amount and maturity of the CD. Deposits of less than $10,000 will only be issued for maturities of one year or more. Early withdrawal penalties apply*.
East West Bank began over 40 years ago as a savings and loan association with one branch in the Chinatown district of Los Angeles. It has grown to our present stature as a full-service commercial bank with over 120 locations worldwide. The IRA CDs don’t have the Relationship CD rates so they earn even less than the normal Bank of the West CDs. You have to be careful with making a small deposit, too. While you can open a Bank of the West IRA CD with a deposit as low as $100, making such a small deposit doesn’t make sense because of the $12 annual fee. Bank of the West does offer one way to earn a much better interest rate on your CD, but it can be difficult to qualify. The bank’s Premium Money Market CDs offer 10 to 20 times the interest as the.
Minimum Opening Balance: $2,500
IRA Accounts, Qualified Retirement Plans, and CESAs
It’s never too late to plan for your retirement. We can help you do just that with fixed- or variable-rate IRAs, rollover accounts, Roth IRAs, Coverdell Education Savings, Qualified Retirement Plans and SEPs. Additional contributions may be made at any time to variable rate IRAs. Please contact us for details about any of our investment accounts. Early withdrawal penalties apply*.
Minimum Opening Balance: $200
Bank Of The West Cd Rates Specials
*Early Withdrawal Penalties: Withdrawal of funds from a Certificate of Deposit prior to maturity may result in a maximum penalty which will be disclosed in writing at the time of investment.
Doing the right thing starts at Home
All Home Bank lobbies are closed beginning November 23, 2020. Lobby entry will be by appointment only.
We’ll do our best to assist you as we are committed to providing you access to the financial services you need. Thank you for your understanding and patience during these difficult times. We continue to look forward to serving you.
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Earn cash just for using one of these great accounts.
The perfect account for non-profits, churches, and more.
Lost or Stolen Debit Card? Please call 800-472-3272
Bank Of The West Cd Rates Certificate Of Deposit
Wichita West
316-773-6000
Car Loans
Home Mortgages
Construction Loans
Personal Loans
Wichita East
316-686-5000
Car Loans
Home Mortgages
Construction Loans
Personal Loans
Wichita East
316-686-5000
Line of Credit
Construction Loans
Small Business Loans
Commercial Real Estate
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I have been a Home Bank customer since 2001 and have appreciated their professional, personalized, courteous and prompt responses to my business and personal banking needs. They are a modern bank with a hometown feel. They care for me like my business matters.