Font Size:

Savings / CDs

Image of a hand dripping water onto a growing plant

There’s opportunity around every corner. Northwest Bank offers a number of savings and investment options. For complete details, including interest rates and plans available, please call or stop into your local Northwest Bank.


Whether it’s your child’s first savings account, your first home or your retirement plan, Northwest Bank offers products and services tailored to your needs with the flexibility to grow with you. We’re here to help you every step of the way.

Certificate of Deposit

CDs offer the security of guaranteed principle and interest. We offer a range of CD terms from 91 days through 60 months so you can select the best term that fits your investment needs. At Northwest Bank, a tiered interest rate structure means the more you invest, the more you will earn.

Easy-Saver CD

This 24-month CD has a low opening balance of only $200 AND you can add $50 or more at any time without extending the term; talk about easy!

Smart Saver CD

Designed for young savers under age 23, this 24-month CD has a low minimum balance of $100 AND you can make $25 or more unlimited additional deposits.

The Pick-A-Term CD1

Designed around your needs; you choose the maturity date that works for you! Great rates, flexible terms.

The e-CD2

Open our e-CD right from your computer with our Online Account Opening.

  • Simply log in to your Internet Banking and click on "Open An Account."
  • Follow our step-by-step instructions that will conveniently walk you though the account opening process. It's quick and easy to open online and security is our priority!

Tax Advantage Accounts

Save for health related expenses, retirement, your first home, or a child’s education, earn interest on the money you save and enjoy tax savings.

Take advantage of the Traditional IRA, Roth IRA or Health Savings Plans. Each product is governed by its own regulations as set forth by Congress and the IRS. We suggest you contact your tax advisor to determine which plan best fits your needs.

Read more information about our privacy policy, including the collection, retention and use of information about you.

  1. Rates and terms subject to change. Early withdrawal penalties may apply.
  2. e-CD is available with Northwest Bank's Online Account Opening Only. Annual Percentage Yield. A penalty may be imposed for early withdrawal. Rate subject to change. Contact a Northwest Bank Representative for more details.

Open Your Savings Account Today!

Opening an account is fast, easy, secure and can be done right from your computer. Click here to check out the great accounts and benefits that Northwest Bank offers!

Open Your Account Now

Attention High School Seniors! 

Enter to win a $2,000 scholarship from Iowa Student Loan!

Image stating attention high school seniors enter to win a $2,000 scholarship from Iowa Student Loan

Learn More

Nationwide ATMs are Now Available for Free!!

Northwest Bank cardholders can access cash at more than 25,000 ATMs without paying a surcharge fee! 

Image of a father and son canoeing stating spend your money on fun not atm fees.

Find an ATM

Scroll to top