Savings for Every Stage of Life

Our savings account options offer competitive rates and flexible terms designed to help you reach your goals. From Youth Club Accounts to IRAs, we’ll help you save for the future.  

Savings Rates
Account Type Opening Balance Balance to earn dividends Balance APY1
Savings Account $1 $1   0.05%
Kasasa Saver®2 No minimum $0.01

Up to $50,000
Amounts over $50,000

Or, on entire balance if qualifications are not met




Youth Club Account $1 $1

Up to $1,500
Amounts over $1,500


Money Market 

No minimum


Less than $2,500
$250,000 or more


Savings Club No minimum  $1   0.05%
Savings IRA (Traditional, Roth, and Education) No minimum $0.01 No minimum 0.55%

APY = Annual Percentage Yield. Rates and terms effective as of October 1, 2019 and subject to change without notice. The rates may change after the account is opened. Fees may reduce earnings on the account. Dividends are paid from earnings after transfers to reserves.

Only members with a Kasasa Cash or Kasasa Cash Back account may open a Kasasa Saver account. 

In order to earn the APY listed, the account qualifications for your Kasasa checking account must be met during the Monthly Qualification Cycle. For further information on the qualifications refer to the information on the Kasasa Cash and Kasasa Cash Back accounts. 

View our Schedule of Fees.

Featured Products

Once you have opened a Northwest Federal Kasasa® Cash or Kasasa Cash Back® checking account, be sure to open a Northwest Federal Kasasa Saver® account for an easy way to save. With a Kasasa Saver® the cash back you earn on everyday debit card purchases with your Northwest Federal Kasasa Cash Back® checking account or the higher dividends you earn from your Northwest Federal Kasasa® Cash checking account will automatically be deposited to your Kasasa Saver® account each month, making it a seamless way to save! 

Open your Northwest Federal Kasasa® checking & Kasasa Saver® accounts today.

Kasasa, Kasasa Cash, and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.

Set aside money for taxes, vacations, holiday purchases, and more with our Savings Club Accounts: 

  • Set your start date
  • Decide how long you want to save
  • Make deposits at any time throughout the year(s)
  • Money will be automatically transferred to your chosen account on the end date

 Login to Online Banking to open your account today!

Special perks for members age 62 and older

When you reach age 62, you’ll be automatically enrolled in our Heritage Club, offering you:

  • Bonus rates* on certificates of 1 year or longer
    • 0.10% bonus rate on Certificates of $50,000 - $99,999.99
    • 0.25%   bonus rate on Certificates of $100,000+
  • Free domestic wire transfers
  • 1,000 reward points annually on your NOW REWARDS MasterCard®

Check out our Certificate rates and open yours today!

*Heritage Club bonus certificate rates are available on Share Certificates and IRA Certificates. Add-on and promotional certificates are not eligible for a dividend bonus rate. 

Our Youth Club Accounts give kids a financial head start. Learn more and open an account for your child today!