Savings Accounts

Plan 24

This account is right for you if… you want to earn maximum interest on a fluctuating balance. You can deposit or withdraw money any time you like. Features: Our daily interest savings account.

• No minimum balance required
• Interest calculated on your daily closing balance and paid monthly
• Higher interest paid on higher balances
• No-fee for withdrawals or deposits done in-branch
• Member Card® debit card available
• Free ATM withdrawals at any credit union
• Free access to online banking and 1-877-WESTOBA

Benefits:

• Make the most of your money with interest calculated on your daily closing balance and paid monthly
• Enjoy the flexibility to access to your money any time

Fees: No monthly fee. Pay only for the services you use.

• $1.50 per Point of Sale (POS), pre-authorized debits or bill payment debits
• $3 print statement fee (electronic statements are free)

Tax Free Savings Account

This account is right for you if… you are looking to save a little, or a lot! Earn tax-free interest while you set money aside for a wedding, down payment on a house or a rainy day. A Tax-Free Savings Account (TFSA) is a great way to kick start that emergency fund you’ve been neglecting.

To open a TFSA you must be 18 or older with a valid social insurance number (SIN) and are looking to set money aside tax-free throughout your lifetime.

Features include

• Deposit (variable and fixed plans) or mutual fund plans available
• Eligible contribution room will carry forward
• Deposits can be made through automatic transfer through online banking, in-branch or with 1-877-WESTOBA
• There are penalties for contributions over the limit