Savings Accounts, CDs & Money Market Accounts

We have the tools and service to help you build wealth with confidence.

Saving for Retirement?

7-Month CD Special

$1,000 minimum to open ($500 minimum to open for minors)
Minimum to earn interest is $1,000 ($500 for minors)
See interest rates/APY
Checking accounts eligible for higher interest rates/APY include Free, Green, Stellar Plus or Select Checking.

Money Market

Only $25 initial deposit
Minimum to earn interest $1,000; this is a variable rate account.
No monthly fee. ($10 Per Month for balances below $1,000.) Limit of six electronic/check transactions per month.1

Gold Money Market

Only $25 initial deposit
Minimum to earn interest is $1,000.
Earn interest at a higher rate with a Gold Money Market account. This is a variable rate account.
See interest rates/APY
No monthly fee. ($10 Per Month for balances below $1,000.) Limit of six electronic/check transactions per month.1
(Not available for IRAs)

WaFd Bank will not run your credit for this application.2

Coverdell Education Savings

Save for your child's future today.

piggy-bank

With a Coverdell Education Savings Account you can contribute up to $2000 after-tax annually per child. And the best part is, when the funds are withdrawn they're tax-free.

A Coverdell ESA can help you save for a child's education expenses, such as tuition, fees, books, supplies, equipment, and in some cases, room and board. Contributions can be made by family members, corporations, or other individuals until the child reaches age 18. Assets from the ESA can also be transferred or rolled over from one ESA to another ESA for the same child or an eligible family member of the child.

Now that's smart.

Statement or Passbook Savings

Only $25 initial deposit ($10 for minors).
Minimum to earn interest $​​​​​​​​100. ($​10 for minors); this is a variable rate account.
See interest rates/APY
No monthly fee. ($3 Per Month for balances below $100.) Free for minor accounts up to age 18.

Certificate of Deposit

Only $1,000 initial deposit ($500 for minors, $100 for IRAs)
Minimum to earn interest $1,000. ($10 for minors).
See interest rates/APY
Terms from 3 months to 5 years. Monthly interest payments available for accounts with $10,000 or more.

1. Federal regulations limit withdrawals from Money Market and Savings Accounts made via preauthorized or automatic transfer, telephonic or check in a 6 month period.

2. For account opening WaFd Bank does not pull your credit from one of the three main credit bureaus. We will review OFAC and ChexSystems®.

Online Banking

Contact Us

For more information about our checking account services, or to talk to our Client Care Directors: