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Effective January 16, 2024, the First Women's Bank office, 1308 N Elston Ave. Suite 100 Chicago, IL. 60642, will be open by appointment only during regular business hours of 9 am to 5 pm CT. Schedule an appointment at (800) 371-6082 or CustomerCare@FirstWomens.Bank.

Personal Savings

Your Money Matters. Put it on a Mission!

At First Women’s Bank, a savings account is more than a place to put your money to save for education, a future purchase or a rainy day. It’s an opportunity to put your money on a mission to achieve your goals, while supporting the women’s economy.

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Personal Savings Solutions

Elevate Savings Account

Leverage your cash for impact and elevate the women’s economy by holding deposits at a bank that is aligned with your values! A First Women’s Bank Elevate Savings Account is a unique opportunity to leverage your cash for impact and put your money on a mission. Your deposits enable us to support women owned and women led small businesses. The more you deposit, the greater your impact!

  • Earn 2.25% APY*
  • $100 minimum to open and no monthly service charge if $1,000 required minimum average balance is maintained**
  • Online & Mobile Banking
  • eStatements
  • Mobile Check Deposit
  • External Transfers
  • Alerts
  • Follow link to open or Call us at (800) 371-6082 today


OPEN ONLINE NOW

*Annual Percentage Yield (APY) is 2.25% as of 5/5/23. Variable interest rate and APY interest compounded daily and credited monthly. Minimum daily balance to obtain APY: $0.01.
**$1,000 average balance in the monthly statement cycle required to avoid monthly service charge. If average balance in monthly statement cycle falls below $1,000 a $5 monthly service charge will apply. The $5 service charge will not be assessed until the second monthly statement cycle of the account. Fees may reduce earnings. If you have a security or credit freeze on your credit report please lift before applying. Our online account opening is down intermittently for maintenance daily from 8:45 PM - 11:30 PM CT.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT — To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

Personal Savings Account

Our Personal Savings Account earns steady interest so your money and impact can grow. Open an account today with the bank that’s banking on YOU!

  • No minimum to open*
  • Online & Mobile Banking
  • eStatements
  • External Transfers
  • Mobile Check Deposit
  • Alerts
  • $1,000 minimum balance to avoid service charge*
  • Call us at (800) 371-6082 to open your account today!
*No minimum deposit required to open a Personal Savings Account. $1,000 average balance in the monthly statement cycle required thereafter. If average balance in monthly statement cycle falls below $1,000 a $5 monthly service charge will apply. The $5 service charge will not be assessed until the second monthly statement cycle of the account.  Fees may reduce earnings.

Certificates of Deposit

We offer a variety of Certificates of Deposit (CDs) to fit your financial needs so you can put your money on the mission that matters most to you. And by opening a CD with First Women’s Bank, you are not only funding your goals and dreams, you are helping women-owned small businesses grow and thrive.

Open an Account

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All Personal Solutions

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Online & Mobile Banking

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