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5827 Hollister Avenue Goleta, CA 93117 (805) 683-4944 www.communitywestbank.com ![]() |
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Community West Bank is headquartered in Goleta and is the 82nd largest bank in the state of California. It is also the 1,267th largest bank in the nation. It was established in 1989 and as of March of 2013, it had grown to 128 employees at 7 locations. Community West Bank has a 3-star health rating.
Community West Bank Routing Number: 122241802
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Whoa - happened (luckily) to check the latest rca rates. I couldn't find Community West Bank (CWB) on the table, til I saw it waaaay down the list at .80%! Stunned, since my account confirmed 2.53% at the beginnning of the week/month.
It's not on their website, but on a branch visit, I learned they're promoting a 1.25% min. 10k balance MMS. Didn't get more details, but they require in-person application for their RCA. (Assume it's the same, but you know about assumptions.) I mentione
Community West Bank's GREAT customer service is demonstrated by getting a personal phone call from the bank notifying that the RCA cap would be lowered to 15k from 25k, so it wouldn't come as a shock. BUT the rate would maintain (for now) at 3.04%.
When you are opening a checking or savings account for its high interest rate, you are hoping that the rate will stay high or at least remain competitive for the long-term. With checking or savings ac ...
2007
Data for Q1 2013
Institution Statistics
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Institution Health
Overall Score:
3 out of 5
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Interest Rate Is Steady - But Website Is A NIGHTMARE!
- albee - Friday, October 22, 2010 - 5:31 AMThis bank does have a better than average money market/savings rate in this economy where its hard to find a good deal. But considering when I log on to their site to check my account once every 30 days, there is always a website problem. When I phone for support the next day, the cs rep doesnt know how to trouble shoot.
Website & tech support are a joke. But its ok to bank there.
Average User Rating:






CWB - Great Personal Service
Just as its name says, it's a community bank with great individual personal service. Everyone I've encountered on the phone or in person is personable and service-oriented. Although I like the expediency of internet banking, I also like having at least one in-person bank that knows who I am. I can appreciate why they require a branch visit to open an account.
Webite is prone to bounce you out a lot, so you have to keep re-logging until you get a feel for where the glitches are. Double clicking seems to be a culprit on some links.
Service deserves 5+ stars, but I reluctantly docked one star for the bouncy online account. Hopefully, corporate will get that fixed soon. In the meantime, their branch's personal service tries to help offset that.
FYI -
--Multiple reward accounts are allowed per individual. (Easily added, since up to 3 of any account types per signature card. More than that probably just requires additional signature cards.)
--ChexSystems check only (no credit bureau hits).