Westfield Bank (OH)

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.westfield-bank.com

800-368-8930

Two Park Circle
Westfield Center, OH 44251

Westfield Bank (OH) is headquartered in WESTFIELD CENTER and is the 17^th largest bank in the state of Ohio. It is also the 565^th largest bank in the nation. It was established in 2001 and as of March of 2025, it had grown to 193 employees at 7 locations. Westfield Bank (OH)'s money market rates are 6X the national average, and it has an A health rating.

Reviews (2)

Write a Review

$10K Max On 23-Month CD

Posted by: depacc21ry | Mar 20, 2021

Applied for 23-month CD, to be funded by EFT from my checking account at another bank. My application was refused because it exceeded $10K. Didn't see that in terms. My bad.

Comment

Unfriendly And Poor Communication

Posted by: E467397 | Jan 24, 2023

Staff out of the Canton, Ohio branch are rude and unprofessional. Horrible communication with mortgage documentation. I would not recommend this bank.

Comment

Health

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	57077
Year Established	2001
Employees	193
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.83%
Return on Equity - YTD	7.28%
Annual Interest Income	$25MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$2.12B$2.11B
Loans	Q1 2025vs Q1 2024	$1.52B$1.54B
Deposits	Q1 2025vs Q1 2024	$1.86B$1.88B
Equity Capital	Q1 2025vs Q1 2024	$243.9MM$218.3MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$18.3MM$18.4MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$1.6MM$5MM
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Westfield Bank (OH) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$0	$35k	Prosper Savings
OTHER TIERS: 0.05% → $35k+
0.01%	$0	-	Simply Business Savings
0.01%	$0	-	Simply Savings

Westfield Bank (OH) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
2.69%^*	$500k^*	-	Select Money Market
OTHER TIERS: 1.76% → $0 - $50k \| 2.38% → $50k - $500k
2.69%^*	$500k^*	-	Select Money Market Special (180 Days)
OTHER TIERS: 1.76% → $0 - $50k \| 2.38% → $50k - $500k
0.15%^*	$50k^*	-	Business Relationship Money Market
OTHER TIERS: 0.05% → $0 - $10k \| 0.10% → $10k - $50k
0.15%^*	$500k^*	-	Prosper Money Market
OTHER TIERS: 0.01% → $0 - $50k \| 0.05% → $50k - $500k
0.15%^*	$500k^*	-	Prosper Money Market Special - New Money (180 Days)
OTHER TIERS: 0.01% → $0 - $50k \| 0.05% → $50k - $500k
0.05%^*	$50k^*	-	Simply Money Market
OTHER TIERS: 0.01% → $0 - $50k

Westfield Bank (OH) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%^*	$0	$15k	Prosper Checking w/ Savings
OTHER TIERS: 0.05% → $15k+
0.50%^*	$0	$15k	Prosper Checking
OTHER TIERS: 0.05% → $15k+
0.01%	$0	-	Select Checking

Westfield Bank (OH) CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.07%	$10k	-	7 Month CD Special - New Money
3.95%	$2.5k	-	13 Month CD Special
3.65%	$2.5k	-	23 Month CD Special
2.53%	$2.5k	-	3 Year CD
2.53%	$2.5k	-	4 Year CD
0.75%	$2.5k	-	2 Year CD
0.30%	$2.5k	-	1 Year CD

Westfield Bank (OH) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.95%	$2.5k	-	1 Year Add-On IRA CD
2.53%	$2.5k	-	3 Year IRA CD
2.53%	$2.5k	-	4 Year IRA CD
0.75%	$2.5k	-	2 Year IRA CD
0.01%	$50	-	IRA Savings

Locations

Westfield Bank (OH) Locations
Fairlawn Branch	2923 Smith Rd	Akron, OH 44333
Wooster Branch	105 E. Liberty Street	Wooster, OH 44691
Medina Branch	4015 Medina Rd	Medina, OH 44256
Canton Branch	4809 Dressler Rd Nw	Canton, OH 44718
Brecksville Branch	8751 Brecksville Road	Brecksville, OH 44141
Westfield Bank, FSB	2 Park Cir	Westfield Center, OH 44251
Graham Road Branch	2875 State Road	Cuyahoga Falls, OH 44223

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