Skip Navigation

Rates

You Get More When You Bank Well.
Check out our special promotional rates.
Personal Accounts
Rates Effective: January 3, 2017
ProductMinimum Opening DepositMinimum Daily Balance to Earn Annual Percentage Yield (APY)Interest RateAnnual Percentage Yield
Personal Money Market$100.00
up to $14,999.99
$15,000.00 - $74,999.99
$75,000.00 and up

0.20%
0.30%
0.35%

0.20%
0.30%
0.35%
Bankwell Choice Money Market$100.00 0.90%0.90%
Bankwell Choice Preferred Money Market$100.00Up to $14,999.99
$15,000.00 - $74,999.99
$75,000.00 and up
0.40%
0.50%
0.90%
0.40%
0.50%
0.90%
Prime Savings Account$25.00Up to $14,999.99
$15,000.00 - $199,999.99
$200,000.00 and up
0.10%
0.20%
0.25%
0.10%
0.20%
0.25%
Bankwell Choice Savings1$100.00 0.99%1.00%
Bankwell Choice Preferred Savings1$100.00 0.99%1.00%
Bankwell Choice Preferred Checking$100.00 0.15%0.15%
Business Accounts
Rates Effective: January 3, 2017
ProductMinimum Opening DepositMinimum Daily Balance to Earn Annual Percentage Yield (APY)Interest RateAnnual Percentage Yield
Business Money Market$50.00Up to $24,999.99
$25,000.00 - $99,999.99
$100,000.00 - $249,999.99
$250,000.00 and up
0.15%
0.30%
0.30%
0.30%
0.15%
0.30%
0.30%
0.30%
Bankwell Business Money Market$50.00Up to $24,999.99
$25,000.00 - $99,999.99
$100,000.00 - $249,999.99
$250,000.00 and up
0.15%
0.30%
0.30%
0.30%
0.15%
0.30%
0.30%
0.30%
Not-For-Profit Preferred Money Market$100.00$5,000.00*
$5,000.00 - $24,999.99
$25,000.00 - $99,999.99
$100,000.00 and up

0.25%
0.35%
0.45%

0.25%
0.35%
0.45%
Business Statement Savings$50.00 0.15%0.15%
Business Checking with Interest$50.00 0.25%0.25%
Not-For-Profit Checking with Interest$50.00$5,000 and up0.10%0.10%
Commercial Account Earnings Credit RateN/A 0.25%0.25%
Certificates Of Deposit
Rates Effective: January 3, 2017
ProductMinimum Opening DepositMinimum Daily Balance to Earn Annual Percentage Yield (APY)Interest RateAnnual Percentage Yield
3 Month Easy Add Liquid Certificate of Deposit$15,000.00$15,000.00*0.20%0.20%
3 Month Certificate of Deposit$1,000.00$1,000.00*0.15%0.15%
6 Month Certificate of Deposit$1,000.00$1,000.00*0.20%0.20%
9 Month Certificate of Deposit$1,000.00$1,000.00*0.20%0.20%
1 Year Certificate of Deposit$1,000.00$1,000.00*0.30%0.30%
2 Year Certificate of Deposit$1,000.00$1,000.00*1.09%1.10%
3 Year Certificate of Deposit$1,000.00$1,000.00*0.70%0.70%
4 Year Certificate of Deposit$1,000.00$1,000.00*0.80%0.80%
5 Year Certificate of Deposit$1,000.00$1,000.00*1.24%1.25%
1 Guaranteed through March 31, 2017

* You must maintain the minimum balance in the account each day to obtain the disclosed annual percentage yield. Your Interest Rate and Annual Percentage Yield may change if your daily balance is below the required minimum. Fees may reduce earnings. Please refer to Fee Schedule for details.

IRA Savings, Savings, Checking and HSA Account Rates: Rates are variable and subject to change without notice. Fees may reduce earnings. Please refer to Fee Schedule for details.

Commercial Account Earnings Credit Rate: Variable rate and is subject to change without notice.

CD and IRA CD Rates: Fees may be imposed for early withdrawals before the maturity date. The fee we may impose will equal 30 days interest on the amount withdrawn subject to penalty for CDs and IRA CDs with an original maturity of 3months, 60 days interest for all CDs and IRA CDs with an original maturity of 6months, 90 days interest for all CDs and IRA CDs with an original maturity of 1 Year – 18months, 180 days interest for all CDs and IRA CDs with an original maturity of 2 years – 5 years. The APY assumes that the interest remains on deposit until maturity. Interest Rates and APY for CDs and IRA CDs are fixed for the term of the account.

Fees - including early withdrawal penalties - may reduce earnings. Please refer to Fee Schedule for details.

Interest Rates and Annual Percentage Yields are currents as of 1/3/17
For current rate information call (203) 972-3838