What are the current interest rates at FWBank?

Current rates for FWBank include: Savings: 1.55%

☰

Home›
Banks›
FWBank

iAdvertiser Disclosure

FWBank Rates & Review April 2026

Q: Is FWBank a safe place to deposit money?

Yes, FWBank is considered a safe financial institution. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category.

Q: How many branches does FWBank operate?

FWBank currently maintains approximately 1 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, FWBank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, FWBank provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: April 3, 2026

FWBank's savings rates are at 1.55%. MonitorBankRates evaluates the financial stability of FWBank with a 5.0 Star Rating and an A+ Overall Health Grade. Rates were last updated on 04/03/2026.

FWBank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at FWBank? Share your experience about FWBank by leaving a review below, or read customer reviews before you decide to use FWBank.

Overall Health & Safety Grade

A+

Exceptional Health Score: 100/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

No Data No data

FWBank

29 N Wacker Dr
Chicago, IL 60606

https://www.firstwomens.bank

FWBank Savings Rates

Product	Rate	APY	View More
Elevate Savings Account	-	1.55%
Min Deposit $100 Min Balance $1,000 Details Online & Mobile Banking; eStatements; Mobile Check Deposit; External Transfers; Alerts Last Updated 04/03/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.00%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for FWBank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather FWBank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with FWBank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name FWBank

Bank Holding Company FWB FINANCIAL INC

Address 29 N Wacker Dr, Chicago, IL 60606 · Cook

Website https://www.firstwomens.bank

FDIC Certificate # 59195

Established 07/12/2021

FDIC Insurance Date 07/12/2021

Domestic Offices 1

Total Branches 1

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 100/100

5.0

Exceptional Out of 5.0 Stars

0.00%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) -0.7982%

Return on Equity (ROE) -4.2400%

Non-Performing Loans (NPL) 0.00%

Total Assets $191,710,000

Total Deposits $162,809,000

Equity Capital $26,415,000

Net Income $4,228,000

Headquarters Chicago

Total Offices 1

Source: FDIC | Last Updated 12/31/2025

Customer Reviews

There are no reviews for FWBank yet. Feel free to create one below.

Average Rating

☆☆☆☆☆

Total Reviews

Add Your Rating and Review for FWBank

Frequently Asked Questions About FWBank

Is FWBank a safe place to deposit money?

Yes, FWBank is considered a safe financial institution. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category.

How many branches does FWBank operate?

FWBank currently maintains approximately 1 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, FWBank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, FWBank provides members with tools to manage their accounts and build a solid financial history.

Does FWBank offer online and mobile banking?

Most modern institutions like FWBank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.firstwomens.bank.