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:

  • Primary Savings

  • Start Smart Savings – Exclusively for ages 14 and younger

  • On My Own Savings – Exclusively for ages 15 to 21

  • Select Savings

    • 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 eStatements

  • 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. 

Holiday Account

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