Whether you’re saving for a down payment on a car, a family vacation or that just in case situation, we have a Savings Account that can help you reach your financial goals. Opening a savings account is how you become a member of Southwest Financial. Once you become a member, you’ll gain access to our other accounts and services. Each of our Savings Accounts requires an initial deposit of $25 to open. This deposit is your share deposit and remains in your account at all times.
Choose the Savings Account that best fits your needs:
Start Smart Savings – Exclusively for ages 14 and younger
On My Own Savings – Exclusively for ages 15 to 21
Exclusively for ages 50 and better
Earn an additional 0.25% APY** on one CD per year.
With each of our savings accounts, you’ll enjoy:
No monthly service fees
Mobile app and Online banking
MoBi Anytime Deposit – deposit checks using your smartphone
Access to Shared Branches – access your Southwest Financial account using a participating credit union’s location
Free withdrawals (6 per month)
Earn dividends on balances*
Plus, access to our other accounts and services, including checking accounts and auto loans!
Secondary Savings Account
If you’re already a member, you may open a Secondary Savings Account. This is a great way to save for a purpose or budget your monthly payments.
We all know how expensive the holidays can be. With our Holiday Account, you can save all year long!
No minimum deposit required
Free withdrawal period from October 1st to January 31st
***Earn dividends with a minimum of $25 on Start Smart and On My Own Accounts. Earn dividends with a minimum of $100 on Primary, Select and Holiday Accounts. **Annual Percentage Yield