No minimum balance
$5,000 initial deposit required
No minimum balance fees
FDIC insured
North Dakota based phone support
*Annual Percentage Yield effective 4/21/25 and may change after account is opened. A minimum deposit of $5,000 is required to open an account.
If the balance exceeds the maximum cap of $10,000,000.00 plus accrued and credited interest, the customer will be contacted to reduce the balance in the account. Personal accounts only. Fees may affect earnings. Member FDIC.
No minimum balance
$5,000 initial deposit required
No minimum balance fees
FDIC insured
North Dakota based phone support
Finish your application in five minutes or less.
You'll receive a call from a banker to confirm your account details.
Deposit funds into your account.
Interest will be credited to your account monthly.
You'll find that Western State Bank isn't like most banks. We strive to deliver the kind of personalized customer service usually only found in a brick-and-mortar community bank.
When you need help, you can trust to always provide straightforward answers. And when you call or email us, you'll reach a real person on the other end.
Built on the values of respecting everyone, listening to our customers, doing more than expected and improving the lives of others, we're a values-based bank.
With a legacy of over 100 years, Western State Bank is an employee-owned, regional bank with over $2 billion in assets. We offer personal banking, business banking, mortgages, investment services, and equipment financing services. We're based in Devils Lake, N.D., with bank locations in North Dakota and Arizona.
A High Yield Money Market Account is a savings account with a variable interest rate. Interest on High Yield Money Market Accounts is compounded and credited monthly. If you initiate more than 10 withdrawals or debits from this account per monthly statement cycle, you may be charged a fee. This fee may reduce your earnings on your account.
You will need the following to open an account:
We're an active bank insured by FDIC. View our FDIC bank details.
There are five ways you can add money to your account:
Need help? Call us at 877-846-9345 and we'll help you find the best option.
Interest is compounded and credited to your account monthly. It's calculated using the daily balance method, which applies a daily periodic rate to the principal in the account each day. This means that the interest from your account is calculated every day on a 365 day year/366 day for leap years. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).
We do not currently offer other online accounts. Full-service banking is available to those living in close proximity of our physical bank locations.
You'll need the following:
You must be at least 18 years old and a U.S. Citizen.
Have questions before opening an account? Contact a banker.
(Please do not submit personal or account information through this form.)
We will be in contact with you soon.
NOTICE: Western State Bank has no control over information at any site hyperlinked to or from this site. Western State Bank makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and is providing this hyperlink to you only as a convenience. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by Western State Bank of any information in any hyperlinked site. In no event shall Western State Bank be responsible for your use of a hyperlinked site. Western State Bank © 2019. All Rights Reserved.
FDIC Membership
#9123
Routing Number
091307149
