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West Point Bank

Personal Banking

Bank where you live with West Point Bank. We offer all the checking and savings accounts of “big banks” without the unnecessary hassle. Bank wherever and whenever you’d like thanks to our online services, and speak with your neighbors over the phone or in person at any of our five branch locations.

To read more, select an account type below.

Checking Accounts

Our Free Checking account is your perfect everyday checking account, complete with all the functionalities of online banking, mobile banking, debit cards and is non-interest bearing. This is a great, basic checking account to suit your everyday needs.

  • $50.00 minimum to open.
  • No monthly service charge.
  • No required minimum balance.
  • Youth accounts are available to persons under the age of 18 or held for persons under the age of 18 by an adult.

Tired of getting charged for ordering checks? Look no further than our Premium Checking account. This account offers our customers free checks! It also includes all the convenience of online banking, mobile banking and debit cards.

  • $50.00 minimum to open.
  • No required minimum balance.
  • Monthly service charge of $5.00.

Our Now Account is an interest-bearing account that is perfect for customers who maintain a daily balance of $1,000.00. The Now Account provides customers with all of the conveniences of debit cards, online banking and mobile banking.

  • $1,000.00 minimum to open.
  • This account has three (3) interest rates that are applicable to specified balance levels. Your interest rate and annual percentage yield may change after account opening.
  • A service charge of $10.00 each month if the balance drops below $1,000.00 any day of the month.
  • You must maintain a minimum daily balance of $500.00 in the account each day to obtain the disclosed annual percentage yield.

Other Accounts

Our Money Management account offers you the ability to earn interest on your cash. Earn a better interest rate on your savings with easy access to your funds.

  • $1,000.00 minimum to open.
  • A service charge of $10.00 each month if the balance drops below $1,000.00 any day of the month.
  • Minimum daily balance of $500.00 in the account each month to obtain the disclosed annual percentage yield.

No matter your age, our Savings account is your perfect savings account. Saving for that car or a vacation sometime in the future? The WPB Savings account provides you interest with minimal fees.

  • $50.00 minimum to open.
  • This is an interest-bearing account.
  • A service charge of $3.00 each month if the balance drops below $50.00 any day of the month.
  • One free withdrawal per month. Each additional withdrawal is $3.00 per withdrawal.
  • Youth Savings Accounts are available to persons under the age of 18 or held for persons under the age of 18 by an adult. Monthly minimum balance service charges are waived on Youth Savings Accounts.

Our High Yield Savings account offers one of our most competitive interest rates. This is the perfect account to start your nest-egg or rainy-day fund.

  • Rate Information: Your interest rate and Annual Percentage Yield (APY) may change.
  • Fees could reduce the earnings on the account.
  • Determination of Rate. At our discretion, we may change the interest rate on your account.
  • Frequency of Rate Changes. We may change the interest rate on your account at any time.
  • Limitations on Rate Changes. There are no maximum or minimum interest rate limits for this account.
  • Compounding and Crediting. Interest will be compounded monthly and will be credited to the account monthly. If you close your account before interest is credited, you will not receive the accrued interest.
  • Minimum Balance Requirements. You must deposit $25,000.00 to open this account. A service charge of $25.00 will be imposed every month if the daily balance on any day of the month falls below $25,000.00. No minimum balance is required to obtain the APY.
  • Balance Computation Method. We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.
  • Accrual on Non-cash Deposits. Interest begins to accrue on the business day you deposit noncash items (for example, checks).
  • Transaction Limitations. You may make one free withdrawal per month. Each additional withdrawal is $25.00 per withdrawal.

Note: The High Yield Savings account is limited to those residing in (for consumer accounts) or those with a principal office (for business accounts) located in the following counties: Hardin, LaRue, Meade, Breckinridge, Grayson, Hart, Nelson, Bullitt and Jefferson.

A Certificate of Deposit (CD) is a safe and secure way to invest your money. Your return will be your original deposit, plus the interest you earn. The interest paid to you depends upon the current interest rate and the length of time you choose to leave your money on deposit. 

  • Maturity terms available from 91 days to 48 months.
  • Minimum to open varies depending upon term length.
  • Fixed interest rate on daily balance until maturity.
  • Interest will be compounded and credited to your account according to the terms of your certificate. You may receive interest by check or deposit to a checking or savings account if requested when opening the account.
  • Onlinebanking access to your certificate of deposits.
  • Ability to combine your certificate of deposit to your monthly checking account statement.

Contributing to an Individual Retirement Account (IRA) is the perfect way to save for your retirement. Contributions may be made to a Traditional IRA or a Roth IRA. Each plan offers favorable tax treatment. 

A Traditional IRA contribution provides tax deferred savings for its participants the year that the contribution is made, whereas the Roth IRA plan offers the tax savings at the time of distributions. 

IRA contributions are placed into 12-month IRA Certificates of Deposits. Contribution limits are set by the IRS and may change yearly. Contact any of our IRA specialists for further information pertaining to our IRAs. (Consult with your tax advisor for eligibility.)

  • 12-month term.
  • Fixed interest rate on daily balance until maturity.
  • Interest is accrued daily and compounded quarterly.
  • Contribution deposits may be made throughout the year. (Cannot exceed the IRS allowances.)

Finally, the perfect account to help Santa with all of his shopping. Our Christmas Club account helps save money throughout the year, so you can really enjoy the holidays. You are able to set up accounts that will help you save $2, $5, $10 or $20 weekly. If you make your deposit weekly, West Point Bank will deposit an extra payment for you just in time for the holidays.

CHRISTMAS CLUB 2

MINIMUM BALANCE REQUIREMENTS: You must deposit $2.00 to open this account.

BONUSES: You will be paid $2.00 as a bonus, plus the balance, between Oct. 16 and Nov. 1, each year. To earn the bonus, weekly deposits should  be made. The account must have at least $98.00 at the time the bonus is paid in order to qualify for the bonus.

CHRISTMAS CLUB 5

MINIMUM BALANCE REQUIREMENTS: You must deposit $5.00 to open this account.

BONUSES: You will be paid $5.00 as a bonus, plus the balance, between Oct. 16 and Nov. 1, each year. To earn the bonus, weekly deposits should be made. The account must have at least $245.00 at the time the bonus is paid in order to qualify for the bonus.

CHRISTMAS CLUB 10

MINIMUM BALANCE REQUIREMENTS: You must deposit $10.00 to open this account.

BONUSES: You will be paid $10.00 as a bonus, plus the balance, between Oct. 16 and Nov. 1, each year. To earn the bonus, weekly deposits should be made. The account must have at least $490.00 at the time the bonus is paid in order to qualify for the bonus.

CHRISTMAS CLUB 20

MINIMUM BALANCE REQUIREMENTS: You must deposit $20.00 to open this account.

BONUSES: You will be paid $20.00 as a bonus, plus the balance, between Oct. 16 and Nov. 1, each year. To earn the bonus, weekly deposits should be made. The account must have at least $980.00 at the time the bonus is paid in order to qualify for the bonus.

ADDITIONAL INFORMATION REGARDING YOUR ACCOUNT.

  • New accounts may be opened Nov. 1 through March 31 of each year.
  • You may not make withdrawals from your account. In order to make a withdrawal from this account, the account must be closed.
  • Accounts may be set up on Automatic Funds Transfer (AFT) from an account with this bank.
  • If deposits are made by AFT, transfers will continue to be made until cancelled by you.
  • If you close the account you will not earn the bonus.
  • This account does not earn interest and does not have an Annual Percentage Yield (APY).
  • No monthly service charge.

Banking Services

To download the mobile app, visit:

app

googleplay

With mobile banking, you have the convenience of viewing account balances and transaction history, transferring funds, and locating nearby branches or ATMs. You can also deposit checks and pay bills on the go! Whether you want to download the app, use our mobile web browser, or simply receive text notifications, we have a mobile banking product that fits your needs. Our new enhanced mobile banking product is fully integrated with our online banking product and uses one convenient set of credentials to log in to either service.

How to sign-up for eStatements:

To set up your account(s) to receive paperless statements, just follow these easy steps below:

  1. LOG IN to your online banking. If you have not already signed up for online banking, please contact your local branch.
  2. Select an Account
  3. Select Documents
  4. Click Sign Up/Changes
  5. Select accounts that you would like to Enroll.
  6. Click Save
  7. Read the disclosure and then check “I agree.”
  8. You will receive an Enrollment Confirmation email.
        It’s that easy!

If you should have any questions or problems during this process, please call one of our branches and we will be happy to assist you.

What are the benefits of using eStatements?
Safety & Security:
  • By going “paperless,” no one can intercept your mail to steal your account information by digging through your trash or recycling bin.
  • Our online banking process is designed with multiple layers of security with passwords and security questions.
Stay Organized:
  • Access all of your checking and savings account(s) statements in one place.
  • Statements will be sent in PDF format so you can download, print and save them at your convenience.
Less Clutter:
  • Eliminate one more piece of mail coming to your home.
  • Ditch the pile “to be filed” and start saving your statements on your home PC.

Each West Point Bank Personal Banking account comes with free monthly statements, online banking, mobile banking, eStatements, bill pay and telephone banking. 

West Point Bank is proud to offer several products and services to our customers. Some of these services come with various fees. Please be sure to review this Consumer Account Fee Schedule.

Consumer Account Fee Schedule

Online Banking & Bill Pay – Online Banking allows you to view the balance and print recent activity from each of your accounts. Bill Pay is offered, free of charge with all of our Personal Online Banking accounts. Bill Payment allows you to make payments to other businesses, merchants, professionals, and individual payees.

Zelle®Zelle® allows you to send and receive money fast through your online banking or mobile banking app. More Info on Zelle. 

Credit Cards – Ask us about our West Point Bank MasterCard credit card. This card can be used anywhere displaying the MasterCard logo. Credit Card Applications are available on request, see a West Point Bank customer service representative for an application, fees and interest rate.

Open an account with us.

We invite you to live local, shop local and bank local with West Point Bank.

We listen, then we lend.

Mortgage

Buying or refinancing? We make it an easy transition.

Construction

Flexible and convenient financing for all of your construction needs.

Bridge

A stress-free way to purchase a new home and sell an old one.

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