APY accurate as of
Annual Percentage Yield | Balance Required to Earn APY | |
---|---|---|
Business Plus Checking (Unlimited Transactions) | 0.35% | $0.01 |
Savings Account (Under $10,000) | 0.15% | $0.01 |
Savings Account (Over $10,000) | 0.40% | $10,000 |
Money Market (Limited Transactions) | 0.40% | $0.01 |
Monthly service charges and/or excessive withdrawal fees may reduce earnings on account.
Annual Percentage Yield (1) | |
---|---|
14 day | 0.05% |
1-month | 0.20% |
3-month | 2.50% |
6-month | 2.75% |
8-month(2) Limited time offer! | 4.00% |
9-month with qualifying funds(3) Limited time offer! | 4.25% |
1 year | 2.50% |
13-month(4) Limited time offer! | 3.50% |
2 year | 2.25% |
3 year | 1.40% |
4 year | 1.30% |
5 year | 1.35% |
Penalties may be assessed for early withdrawals.
The annual percentage yields (APY) listed above are accurate as of the date posted above. The daily balance method is used to calculate the interest.
For Checking and Savings Accounts, the interest rate is variable and may change after the account is opened. Ask a Woodforest Retail Banker for minimum opening deposits for our checking and savings products. Fees could reduce earnings on the account.
For Certificates of Deposit and IRAs, a $500 minimum deposit is required. Penalties may be imposed for early withdrawal. Other fees, restrictions, and terms apply.
For complete information regarding our products, services, fees, and terms, please speak with a Woodforest Retail Banker.
(1) The APY was calculated based on monthly compounding and assumes that all interest earned will remain on deposit until maturity.
(2) Special Promotional APY is subject to change without notice. At maturity, the 8-month CD term will auto-renew to a 6-month CD term at the then-current rate. This is a limited time offer and may be withdrawn at any time without notice.
(3) Special Promotional APY is subject to change without notice. At maturity, the 9-month CD term will auto-renew to a 6-month CD term at the then-current rate. This is a limited time offer and may be withdrawn at any time without notice. Special APY applies to new certificates of deposit opened with qualifying funds for Woodforest checking account holders. Qualifying funds are new funds deposited into a certificate of deposit that are not from money currently or previously held in any account at Woodforest National Bank.
(4) Special Promotional APY is subject to change without notice. At maturity, the 13-month CD term will auto-renew to a 1 year CD term at the then-current rate. This is a limited time offer and may be withdrawn at any time without notice.
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