Western State Bank Review 2023
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At a glance
CDs
Checking
Savings
MMA
About Bankrate Score
Overview
Western State Bank is ideal for consumers in North Dakota or Arizona looking for a wide choice of checking accounts with unique perks and no fees or easy-to-avoid fees. The bank also offers access to thousands of ATMs through the MoneyPass ATM network.
Highlights
- ATM Fee Refunds
- Free Checking
Offers featured here have been sponsored by our partners, which impacts how, where, and in what order the products appear.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 3.5/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 4.7/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 4.9/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Overall
Western State Bank is a well-established, federally insured bank based in North Dakota that offers deposit and loan products for individuals and businesses in North Dakota and Arizona. While it doesn’t offer very exciting rates, its accounts generally require little to open and come with perks, such as ATM fee refunds.
Pros
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Western State Bank offers a selection of checking accounts with lots of perks and minimal fees.
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Customers have access to thousands of MoneyPass ATMs.
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It offers digital banking tools.
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The bank prioritizes community involvement and offers benefits to service members.
Cons
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APYs on deposit products tend to be low compared with top national offers.
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Information on products is not readily available, since its website doesn’t post APYs or CD terms.
Western State Bank banking products
Western State Bank savings overview
On the plus side, it requires just $50 to open, and a $100 balance is all that’s needed to earn the APY and avoid a $5 monthly service charge.
Pros
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The minimum deposit required to open an account and the balance needed to earn the APY are very low.
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The $5 monthly service fee is waived for balances of at least $100.
Cons
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The account's APY is very low.
Offers featured here have been sponsored by our partners, which impacts how, where, and in what order the products appear.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 3.5/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Bank experience
Western State Bank offers a highly rated mobile app for both Android and iOS devices. With the app, customers can check their balances and transactions, deposit checks and pay bills.
Branch hours vary. The bank website lists each branch location's address, phone number and business hours. Customers can email the bank through its Contact Us page on its website. There’s also an emergency phone line for lost or stolen debit, credit and ATM cards, which is available outside of branch business hours.
One unique service for customers is the bank’s “Move-on-Over Kit,” which provides helpful resources to assist new customers transitioning from another bank.
The bank is also involved in giving back to its community. It sponsors the Cause in Your Community program, providing financial support to local nonprofits, and donates regularly to local schools.
About Western State Bank
Western State Bank is a federally insured bank founded in 1902 and headquartered in Devils Lake, North Dakota. It has 10 branches in North Dakota and Arizona, digital banking tools and a partnership with the MoneyPass ATM network. Its Freedom Banking program benefits veterans and those who currently serve in the U.S. military.
Review methodology
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.
