Current Savings & Loan Rates

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Westmark offers competitive lending and savings rates

Being a credit union means you, the shareholder, get better savings and lending rates. We offer a full range of savings and lending products, compare our rates here!


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Effective March 25, 2024 | APY = Annual Percentage Yield

Rates are tiered based on deposit. Rates shown are lowest to highest tier. 

Term APY
90 Days 0.30%  -0.35%
180 Days 0.50% - 0.55%
8 Months 5.00% -5.00%
9 Months 1.50% -1.50%
11 Months 4.75% - 4.75%
12 Months 4.80% - 4.80%
13 Months 2.00% - 2.00%
18 Months 4.50% - 4.50%
23 Months 4.25% - 4.25%
24 Months 3.55% - 3.55%
36 Months 4.00% - 4.00%
48 Months 4.00% - 4.00%
60 Months 3.70% - 3.75%

Liquid Term Certificate

Minimum $5000

Term APY
15 Months 4.65% - 4.65%

Promotional IRA Term Certificate

$500-$19,999

*Promotional 12 Month IRA rate for new money rollovers and contributions only.  This rate is effective until April 30, 2024.

Term APY
12 Month 5.25%-5.25%
 

Coverdell Education Savings Account Term Certificate

$500-$19,999

Term APY
12 Months 4.80% - 4.80%
24 Months 3.55% - 3.55%

Rates are set by the Board of Directors and are subject to change without notice. Rates are quoted as Annual Percentage Yield (APY). Early withdrawal of funds may affect the APY. Contact a Full Service Representative at (208) 523-1071 for more information.
Minimum balance for a Term Certificate is $500 unless otherwise noted. Rates are set by the Board of Directors and are subject to change without notice. Rates are quoted as Annual Percentage Yield (APY). Early withdrawal of funds may affect the APY. A penalty may be imposed for early withdrawal and could reduce the earnings of this account. Contact a Member Service Representative at (208) 523-1071 for more information.


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Effective April 1, 2024  | APY = Annual Percentage Yield

Rates are tiered based on deposit. Rates shown are lowest tier to highest tier

Share Deposits

Product APY
Primary Savings 0.05% - 0.10%
Daily Dividend Savings 0.05% - 0.10%
Medical Savings  0.10% -1.00%
IRA Money Market  0.10% -1.00%
Premium Checking 0.05% - 0.10%
Premium Money Market 0.10% - 2.00%
Platinum Money Market 0.05% - 1.60%
Little Eagles Savings 0.10% - 0.25%

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Effective April 1, 2024  | APY = Annual Percentage Yield

Rates are tiered based on deposit. Rates shown are lowest tier to highest tier

High-Yield Savings

Product APY
Balances below $1,000 0%
Balances above $1,000 3.10% - 3.50%

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Effective March 25, 2024 | APR = Annual Percentage Rate.  The Annual Percentage Rates (APR) are our best rates.

Your rate may be higher depending on credit history and underwriting criteria. 

 

 

 

*You could be eligible for .50% APR off your approved Auto, RV or Specialty/Off Road RVs, if you have an active Checking Account (5 transactions per month) and a Direct Deposit of $3,000 per month.   Come in and get pre-approved or apply on-line so you can take advantage of this great offer!

Contact us to see if you qualify for a .50%* rate discount today!

New Automobiles

APR*  
2021 & newer up to 36 months 7.44%
2021 & newer up to 48 months 7.54% 
2021 & newer up to 60 months 7.64%
2021 & newer up to 72 months 8.14%
2021 & newer up to 78 months 8.44%
2021 & newer up to 84 months 8.74%

Used Automobiles

APR*
2018-2020 up to 60 months 7.74%
2018-2020 up to 72 months 8.14%
2015-2017 up to 72 months 10.24%
2014 & Older up to 48 months 10.24

Trailers, Motor Homes & Boats

APR*
2021 & newer up to 120 months 9.19%
2021 & newer up to 144 months 9.49%
2021 & newer up to 180 months 10.49%
2018-2020 up to 84 months 10.14%
2018-2020 85 to 120 months 10.54%
2016-2017 up to 84 months 12.14%
2015 & Older up to 72 months 13.14%

Specialty & Off-Road Recreational Vehicles

APR*
2021 & newer 48 months 9.39%
2021 & newer 60 months 9.59%
2021 &newer  up to 72 months 10.59%
2021 & newer up to 78 months 11.09%
2021 & newer up to 84 months 11.59%
2018-2020 up to 48 months 10.19%
2018-2020 up to 60 months 10.69%
2016-2017 up to 48 months 11.19%
2015 Models up to 36 months 12.19% 

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Effective April 1, 2024 | APR = Annual Percentage Rate

Personal Rates

APR*
36 months 11.49%
48 months 12.99%
60 months 12.99%

Personal Line Of Credit 12.49%

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Effective March 25, 2024 | APR = Annual Percentage Rate

Rates are tiered based on credit score. Rates shown are lowest tier to highest tier.

Credit Cards

APR*
VISA Cash Rewards 16.50% - 20.50%
VISA Platinum 12.50% - 16.50%
VISA Reward Card *Must have Rewards Checking account 17.99%-21.99%

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Effective March 25, 2024 | APR = Annual Percentage Rate

Home Equity

APR*
VISA Home Equity 10.25%

VISA Home Equity
with Premium Checking Discount

*** VISA Home Equity - Premium Checking discounted rate not offered on loans booked 7-1-2023 and later.

10.00%

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Effective April 12, 2024 | APR = Annual Percentage Rate                               *Rates as low as*

 

 

First Mortgage

Rate  APR*
10 Year Fixed*   6.125% 6.267%
15 Year Fixed*  6.375% 6.474%
20 Year Fixed*  6.50%  6.626% 
30 Year Fixed*   6.75%  6.845% 
     
8 Year No Fee** 6.75% 6.75%
10 Year No Fee** 7.125% 7.125%
15 Year No Fee*** 7.375% 7.375%
20 Year No Fee*** 7.50% 7.50%
30 Year No Fee*** 7.75% 7.75%

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Effective  March 25, 2024 | APR = Annual Percentage Rate

Second Mortgage

APR*
60 mos. - 1st Lien Position 6.24%
60 mos. - 2nd Lien Position 7.99%
61-120 mos. - 1st Lien Position 6.74%
61-120 mos. - 2nd Lien Position 8.74%
121-180 mos. - 1st Lien Position 6.74%
121-180 mos. - 2nd Lien Position 8.74%

These rates are based on approved credit, FICO score, loan-to-value, the length of term you select, and the type and age of collateral (if any). All rates quoted reflect the Annual Percentage Rate or APR. 
*The Annual Percentage Rates (APR) are our best rates. Your rate may be higher depending on credit history and underwriting criteria. 
**On the 8, 10, 15, 20 and 30 year No Fee First Mortgage refinance loans, we will waive or pay ALL required loan fees which include origination, and flood hazard determination fees. Contact a loan officer for more details.
***The 15 and 30 year loans don't include the following fees. If necessary, they must be paid by the borrower:

  • Private Mortgage Insurance Fees
  • Closing Fees or Closing Costs required by third party sales
  • Tax Service Fees
  • Any fees required to close, not specifically included in the promotional offer

***If the loan is repaid in the first 5 years, borrowers will need to reimburse Westmark for the promotional fees covered by this program.