Bank · FDIC insured
Northwest Bank Savings Rates
Northwest Bank’s best savings rate is 0.90% APY on $10,000, with its Money Market. Rates checked October 16, 2026.
How Northwest Bank’s savings rates compare
Compared with banks and credit unions near Des Moines, IA, where Northwest Bank has the most branches. $10,000, best rate first.
This bank’s best
Northwest Bank
0.90%APY
- Minimum
- $1,000
- Earns on $10,000 a year
- $90
Money Market
Top rate
UMB Bank
3.71%APY
- Minimum
- —
- Earns on $10,000 a year
- $371
2nd-highest rate
Iowa Trust
3.70%APY
- Minimum
- $100
- Earns on $10,000 a year
- $370
Northwest Bank savings score
84
Savings score
Higher than 67% of U.S. banks and credit unions
- $1,000 balance$1,0000.90%
- $10,000 balance$10,0000.90%
- $100,000 balance$100,0001.66%
- QualifiedQualified0.90%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Northwest Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Money Market
0.90%APY
$7.50 Monthly Maintenance Fee waived with total relationship balance of $15,000 or more in loans, deposits or a combination with Northwest Bank, or minimum daily balance of $1,000 maintained in this account.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1,000 – $50,000$7.50 Monthly Maintenance Fee waived with total relationship balance of $15,000 or more in loans, deposits or a combination with Northwest Bank, or minimum daily balance of $1,000 maintained in this account. | 0.90% | $90 | $7.50 Monthly Maintenance Fee waived with total relationship balance of $15,000 or more in loans, deposits or a combination with Northwest Bank, or minimum daily balance of $1,000 maintained in this account. |
| $50,000 – $100,000$7.50 Monthly Maintenance Fee waived with total relationship balance of $15,000 or more in loans, deposits or a combination with Northwest Bank, or minimum daily balance of $1,000 maintained in this account. | 1.16% | — | $7.50 Monthly Maintenance Fee waived with total relationship balance of $15,000 or more in loans, deposits or a combination with Northwest Bank, or minimum daily balance of $1,000 maintained in this account. |
| $100,000 – $250,000$7.50 Monthly Maintenance Fee waived with total relationship balance of $15,000 or more in loans, deposits or a combination with Northwest Bank, or minimum daily balance of $1,000 maintained in this account. | 1.66% | — | $7.50 Monthly Maintenance Fee waived with total relationship balance of $15,000 or more in loans, deposits or a combination with Northwest Bank, or minimum daily balance of $1,000 maintained in this account. |
| $250,000 – $500,000$7.50 Monthly Maintenance Fee waived with total relationship balance of $15,000 or more in loans, deposits or a combination with Northwest Bank, or minimum daily balance of $1,000 maintained in this account. | 1.87% | — | $7.50 Monthly Maintenance Fee waived with total relationship balance of $15,000 or more in loans, deposits or a combination with Northwest Bank, or minimum daily balance of $1,000 maintained in this account. |
| $500,000 and up$7.50 Monthly Maintenance Fee waived with total relationship balance of $15,000 or more in loans, deposits or a combination with Northwest Bank, or minimum daily balance of $1,000 maintained in this account. | 2.02% | — | $7.50 Monthly Maintenance Fee waived with total relationship balance of $15,000 or more in loans, deposits or a combination with Northwest Bank, or minimum daily balance of $1,000 maintained in this account. |
Sources (3)
- nw.bank/products/personal/accounts
- nw.bank/products/personal/acco…ecking-and-savings-rates
- nw.bank/products/personal/accounts/money-market
All captured Sep 25, 2026
Estate Savings
0.70%APY
APY not published for this product. Opening minimum and fees not stated.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $20,000 | 0.70% | $70 |
| $20,000 – $50,000 | 0.80% | — |
| $50,000 – $100,000 | 0.90% | — |
| $100,000 – $500,000 | 1.01% | — |
| $500,000 – $1,000,000 | 1.36% | — |
| $1,000,000 and up | 1.61% | — |
Sources (1)
- nw.bank/products/personal/acco…ecking-and-savings-rates · captured Sep 25, 2026
Compass Savings
0.90%APY
Requires a Compass Rewards Account or Compass Cash Account. No monthly maintenance fee. No minimum balance requirement after opening.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $20,000Balances up to $20,000. Requires Compass Rewards or Compass Cash. | 0.90% | $90 | Balances up to $20,000. Requires Compass Rewards or Compass Cash. |
| Over $20,000Portion of balance $20,000.01 or more. Stated APY 0.90%-0.51%; 0.51% APY based on a $50,000 balance; higher balances have a lower APY. Requires Compass Rewards or Compass Cash. | 0.25% | — | Portion of balance $20,000.01 or more. Stated APY 0.90%-0.51%; 0.51% APY based on a $50,000 balance; higher balances have a lower APY. Requires Compass Rewards or Compass Cash. |
Sources (3)
- nw.bank/products/personal/accounts
- nw.bank/products/personal/acco…ecking-and-savings-rates
- nw.bank/products/personal/acco…/compass-savings-account
All captured Sep 25, 2026
First Time Homebuyer Savings
0.60%APY · 1 term
For qualifying Iowa residents toward purchase of a first home. Beneficiary must purchase first home in Iowa. Account must be opened at least 90 days and at most 10 years with funds used toward a first home. Applies to first-time homebuyers and those who have not owned a home within three years. No monthly maintenance fee.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3–120 monthsBase rate on all balances if no monthly automatic transfer from a Northwest Bank checking account | 0.60% | $15 |
Sources (3)
- nw.bank/products/personal/accounts
- nw.bank/products/personal/acco…ecking-and-savings-rates
- nw.bank/products/personal/acco…t-time-homebuyer-savings
All captured Sep 25, 2026
Statement Savings
0.55%APY
$2 monthly maintenance fee waived when average daily balance for the month is above $50. Free paper statement available.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000$2 monthly maintenance fee waived when average daily balance for the month is above $50. | 0.40% | — | $2 monthly maintenance fee waived when average daily balance for the month is above $50. |
| $10,000 and upTier 2: Balance $10,000 or More | 0.55% | $55 | Tier 2: Balance $10,000 or More |
Sources (3)
- nw.bank/products/personal/accounts
- nw.bank/products/personal/acco…ecking-and-savings-rates
- nw.bank/products/personal/accounts/statement-savings
All captured Sep 25, 2026
Special-purpose accounts
Treasure Seeker Savings
0.55%APY
For children 10 and under. No monthly maintenance fee. No minimum balance requirement. Rate table lists this product with Student Savings.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Children 10 and under. Shared rate row labeled STUDENT/TREASURE SEEKERS. | 0.40% | — | Children 10 and under. Shared rate row labeled STUDENT/TREASURE SEEKERS. |
| $10,000 and upChildren 10 and under. Shared rate row labeled STUDENT/TREASURE SEEKERS. | 0.55% | $55 | Children 10 and under. Shared rate row labeled STUDENT/TREASURE SEEKERS. |
Sources (2)
All captured Sep 25, 2026
IRA Savings
0.30%APY
Bank IRA savings. Traditional or Roth IRA wrappers; distinct account terms not stated. Linked on the rate page to the certificate-of-deposit product URL.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $5,000 | 0.30% | — |
| $5,000 – $20,000 | 0.30% | $30 |
| $20,000 – $50,000 | 0.35% | — |
| $50,000 and up | 0.40% | — |
Sources (2)
All captured Sep 25, 2026
Student Savings
0.40%APY
For students ages 11 through 22. No monthly maintenance fee. No minimum balance requirement. Rate table lists this product with Treasure Seekers.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Students ages 11 through 22. Shared rate row labeled STUDENT/TREASURE SEEKERS.Up to $10,000 | 0.40% | — | Students ages 11 through 22. Shared rate row labeled STUDENT/TREASURE SEEKERS. |
Sources (3)
- nw.bank/products/personal/accounts
- nw.bank/products/personal/acco…ecking-and-savings-rates
- nw.bank/products/personal/accounts/student-savings
All captured Sep 25, 2026
Health Savings Account
0.30%APY
Tax-exempt HSA for qualifying medical expenses. Requires a qualifying High Deductible Health Plan; cannot be claimed as a dependent; may not have other health insurance; must not be enrolled in Medicare. Additions available. $3 monthly maintenance fee waived with $10,000.00 every day of the statement period or a combined deposit and loan relationship of $1.00 or more.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500$3 monthly fee waived with $10,000.00 every day of the statement period or combined deposit and loan relationship of $1.00 or more. | 0.25% | — | $3 monthly fee waived with $10,000.00 every day of the statement period or combined deposit and loan relationship of $1.00 or more. |
| $2,500 and up$3 monthly fee waived with $10,000.00 every day of the statement period or combined deposit and loan relationship of $1.00 or more. | 0.30% | $30 | $3 monthly fee waived with $10,000.00 every day of the statement period or combined deposit and loan relationship of $1.00 or more. |
Sources (3)
- nw.bank/products/personal/accounts
- nw.bank/products/personal/acco…ecking-and-savings-rates
- nw.bank/products/personal/acco…s/health-savings-account
All captured Sep 25, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.