|Account Type||Standard Dividend Rate¹||Standard APY²||Minimum Opening Balance||Dividends Compounded & Credited||Dividend Period³|
|Education Savings||0.50%||0.50%||No Minimum||Quarterly||Quarterly|
|First Step Savings⁴||2.96% on first $500||3.00% on first $500||$1||Quarterly||Quarterly|
|Health Savings||0.50%||0.50%||No Minimum||Quarterly||Quarterly|
|IRA Savings||0.50%||0.50%||No Minimum||Quarterly||Quarterly|
|Money Market ($0-$99,999)||0.75%||0.75%||No Minimum||Monthly||Monthly|
|Money Market ($100,000+)||1.29%||1.30%||No Minimum||Monthly||Monthly|
**First Step Savings earn 3.00% APY on balances up to $500. Regular savings rate applies on balances above $500. First Step Checking earns 3.000% APY on balances up to $250, and is non-dividend bearing on balances above $250. $1 to open. Age requirements apply. Rates are variable and effective as of 11/7/2022.
First Step Checking members get access to our exclusive online community. In YOU(th)x, you can unlock new and exciting challenges, earn points, and redeem them for gift cards at your favorite spots. Open a First Step Checking account today!
Start on the Right Foot
First Step accounts are setup for parents to monitor their kid’s saving and spending, without worrying about overdrafts or other slips.
With 9 branches in Whatcom County and a local Contact Center, we are available no matter how you like to reach out. In person, by phone, or online.
Opening accounts is the first step. Learn more about other ways to plan for your child’s future and beyond.
Access your money any time.
We’ve made banking easier and more convenient by offering a bunch of cool online services in our mobile app.