OneWest Bank
OneWest Bank was born from the sale of IndyMac Bank's assets. Even though mortgage issues remain at the bank, depositors can still get competitive yields from OneWest Bank's money market account and certificates of deposit.
Green Savings Rates
| Balance | Yield | Rate |
|---|---|---|
| $1 - $49,999 | 0.40% | 0.39% |
| $50,000 + | 0.70% | 0.69% |
Rates as of 3-16-12. $100 minimum deposit required to open. No monthly service charge. No check writing or ATM/Debit card. Available online only. APY = Annual Percentage Yield
Certificate of Deposit (CD) Rates (More Info)
| Term | APY |
|---|---|
| 3 Month | 0.45% |
| 6 Month | 0.70% |
| 1 Year | 0.85% |
| 2 Year | 1.00% |
| 3 Year | 1.15% |
| 4 Year | 1.25% |
| 5 Year | 1.55% |
Rates as of 3-9-12. 1,000 minimum deposit required to open. APY = Annual Percentage Yield
OneWest Bank Reviews
Review from buildtwo
"I to have been trying to get a loan modification from indymac or owb since march 2009. ..."
Read More OneWest Bank Reviews >>
Contact
www.owb.com
(800) 750-8521
Account Notes
OneWest Bank added a new online-only savings account at the end of 2010 called Green Savings. This online savings account can be opened with a minimum deposit of $100. After the first deposit, there are no minimums to maintain. As of 9-28-11, balances of $50,000 and more earn a higher rate. The Green Savings account does not come with check writing or an ATM/Debit card.
The minimum deposit to open a CD account is $1,000.