Featured Savings Accounts

Once you have opened a Northwest Federal Kasasa Cash® or Kasasa Cash Back® checking account, be sure to open a Northwest Federal Kasasa Saver® account for an easy way to save. With a Kasasa Saver® the cash back you earn on everyday debit card purchases with your Northwest Federal Kasasa Cash Back® checking account or the higher dividends you earn from your Northwest Federal Kasasa Cash® checking account will automatically be deposited to your Kasasa Saver® account each month, making it a seamless way to save! 


Kasasa, Kasasa Cash, and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.

Set aside money for taxes, vacations, holiday purchases, and more with our Savings Club Accounts. 

  • Set your start date
  • Decide how long you want to save
  • Make deposits at any time throughout the year(s)
  • Money will be automatically transferred to your chosen account on the end date


Help your children learn the importance of saving money for their short- and long-term goals with one of our Youth Club Accounts. They’ll be rewarded with:

  • Higher dividends on the first $1,500 saved
  • Gift and membership kit at account opening
  • Deposit rewards, including $25 bonus* to First Rewards account holders when $500 is saved

Complete a Youth Membership Application to open a Youth Club Account today!

*You will receive $25 as a bonus when your First Rewards savings account balance reaches $500. The $25 bonus will be credited to the savings account by close of business on the first day the balance reaches $500. Offer limited to one bonus per member. The bonus will be reported on the member’s year-end 1099-INT statement.

Sweet Pea Account

Designed for ages 0-3, your Sweet Pea will be set up for savings success from day one. As your Sweet Pea grows, they’ll automatically be placed into the next stage of our Youth Club Accounts:  Westie’s Kids Club, Plan it Now, and First Rewards—each club offering age-appropriate deposit gifts, rewards and special events. 

Westie's Kids Club

Kids ages 4-8 will thrive in our Westie’s Kids Club where they’ll learn that saving can be fun. And, on their 10th deposit they’ll receive a special gift.

Plan It Now

Tweens 9-12 will continue on their path to savings success with our Plan it Now Club. They’ll benefit from higher dividends on the first $1,500 saved and will receive a special gift after 10 deposits.

First Rewards

Teens 13-17 can set money aside from their summer jobs in a First Rewards account where they’ll earn a $25 bonus* when their account reaches $500.

Student Services

High school and college-age members can enjoy a variety of products and services designed to help them achieve financial success and independence:

Learn More About Our Student Services

Custodial Accounts

Set money aside for your child's future with a Custodial Account. This is an account opened with the child's name and Social Security Number. As the custodian, you maintain control over the account and can add or withdraw funds as needed. When the child reaches adulthood, the account is turned over to them. 

Open a Custodial Account today.

Financial Education Activities

Save - Spend - Share Jars

Watch Westie's Save-Spend-Share Jar Activity how-to video and download and print your own labels here!

Westie's Activity Book

Click here to download Westie's Activity Book and print your favorite pages!

Login to Online Banking to add a savings account today
Not yet a member? Join today.

Savings Rates

SAVINGS ACCOUNT $1 $1   0.05%
KASASA SAVER®2 No minimum $0.01

Up to $25,000
Amounts over $25,000

Or, on entire balance if qualifications are not met





Up to $1,500
Amounts over $1,500



No minimum


Less than $2,500
$1,000,000 or more


SAVINGS CLUB No minimum $0.01   0.05%
SAVINGS IRA (TRADITIONAL, ROTH, AND EDUCATION) No minimum $0.01 No minimum 0.20%


APY = Annual Percentage Yield. Rates and terms effective as of 9/1/23 and subject to change without notice. The rates may change after the account is opened. Fees may reduce earnings on the account. Dividends are paid from earnings after transfers to reserves.

Only members with a Kasasa Cash or Kasasa Cash Back account may open a Kasasa Saver account.

When the account qualifications for your Kasasa checking account are met during a Monthly Qualification Cycle, balances in your Kasasa Saver account less than or equal to $25,000 receive APY of 0.50%; and balances over $25,000 earn 0.25% APY on the portion over $25,000, resulting in a range from 0.50% to 0.31% APY depending on the account’s balance. 

Balances up to $1,500 receive APY of 2.27%; and balances over $1,500 earn 0.25% on the portion over $1,500, resulting in a range from 2.27% to 0.37% APY depending on the account's balance. 

View our Schedule of Fees.

Open a Youth Club Account today!

Regulation D Update

Northwest Federal Savings and Money Market Accounts are non-transaction accounts, which means you may make no more than six (6) preauthorized, automatic, telephonic, or audio response transfers or withdrawals by check, debit card or similar order to another account of yours or to a third party during any calendar month. Learn more.