That's why there's Portfolio Banking from Westfield Bank.
Portfolio Banking is designed for customers who maintain higher balances and want to get more from their money-with exclusive access to premium rates on deposit products, personalized service from a dedicated banker who understands your unique financial needs, access to special offers and discounts, and streamlined account management.
As a Portfolio Banking customer, you’ll enjoy:
- WB Portfolio Checking and Money Market accounts
- Eligibility for our highest-yield Portfolio CDs & IRAs
- The support of a dedicated banker
- Exclusive benefits on deposit accounts, digital banking services, and loan products
Even better, qualifying balances held with Westfield Investment Services* located at Westfield Bank can count toward your combined balance requirement, giving you more flexibility to manage your finances on your terms.
It’s better banking, because it's built around you.
Portfolio Banking Deposit Accounts
Premium banking for those who expect more.
As part of Westfield Bank's exclusive Portfolio Banking program, our WB Portfolio Checking, Money Market, CD, and IRA options are designed to help you grow, manage, and protect higher balances, while enjoying special benefits and preferred rates.
WB Portfolio Checking
Our most rewarding checking account.
■ Interest-bearing checking account
■ Free personal designer check orders and Treasurer's Checks
■ Unlimited rebates of other banks' ATM surcharges at the end of each statement cycle
■ Higher ATM/POS limits
■ Free Deluxe Provent® Identity Theft Protection including credit and dark web monitoring upon activation
■ Overdraft protection options including Personal Line of Credit and Savings Overdraft Protection
■ Free incoming wire transfers
■ Free outgoing domestic wire transfers
■ Free stop payments
■ Free 3" x 5" safe deposit box¹
■ Combined Statement provides a clear view of your total Portfolio Banking relationship
■ eStatements available
■ Monthly maintenance service charge waived with a combined balance of $200,000 in all Westfield Bank consumer deposit accounts and/or Westfield Investment Services* advisory and brokerage accounts2
Portfolio Money Market
Our highest yield tiered savings, for better earning potential; enjoy easy access to your funds while maximizing returns.
Portfolio CDs & IRAs
Higher yields for your long-term goals.
■ Our highest rates on Certificates of Deposit and IRAs
■ Traditional and Roth IRAs
■ Helps grow your savings and retirement with confidence
■ Flexible terms to fit your financial strategy
Optimize Your Banking Relationship
Talk to your dedicated banker or local branch today to learn how you can take advantage of everything Portfolio Banking has to offer.
Digital Banking
Smart, secure, and always on.
As a Portfolio Banking customer, you expect banking that's effortless, intuitive, and ready when you are. Westfield Bank delivers with digital tools that bring your full financial picture to your fingertips, wherever you are.
Seamless
digital access & enhanced control
Online Banking - Check balances, view transactions, transfer funds, pay bills and monitor your entire Portfolio relationship
WB Mobile App & Mobile Deposit - Manage your accounts and deposit checks anytime, anywhere with an intuitive, feature-rich mobile experience
Digital Wallet - Pay securely and instantly with your mobile device, using digital versions of your credit cards and Westfield Bank Debit Card
Zelle®- Fast and easy way to send and receive money with friends, family and people you know
eStatements - Add control and enhance security, while reducing paper waste
Security built for peace of mind
Westfield Bank's digital platforms are built with advanced security features and 24/7 protection to give you total peace of mind.
WB Debit Card Manager - Turn your debit card on and off, set spending limits and alerts, manage travel plans, and monitor activity instantly
Free ID Protect Plus through Deluxe Provent® upon activation - Includes identity restoration, credit and dark web monitoring, and access to MySontiq for storage of passwords, digital wallet contents, documents, and images
Lending
Borrow with confidence
As a Portfolio Banking customer, you have access to personalized lending solutions designed to support your financial goals, whether you're financing a home, making a major purchase, or managing liquidity with greater flexibility.
Enjoy the support of local lending specialists who take time to understand your needs and offer smart solutions tailored to your circumstances.
Residential Mortgages & Refinancing
Get a $500 discount3 on the processing fee with WB Portfolio Checking
■ Enjoy a wide range of mortgage options with highly competitive rates
■ Flexibility to apply online or in person
■ Includes purchases, second homes, construction and refinancing options
Home Equity Lines of Credit (HELOC) & Home Equity Loans
Enjoy a waiver of the processing fee4 ($199 value) with WB Portfolio Checking
■ Choose a revolving line of credit - ideal for renovations, tuition or unexpected expenses
■ Or lock in a fixed-rate and term with a home equity loan - perfect for debt consolidation or a major purchase
Consumer Loans
Fast, convenient, and built for your lifestyle. Get fixed-rate financing for a range of personal purchases or goals, including new and used vehicles, motorcycles, boats, RVs, pools, and more.
Personal Lines of Credit
Designed to provide cash and cover checking overdrafts when you need it. There is no annual fee, no transfer fees, and you'll pay interest only if you use it.
All Backed by Personal Support
From start to finish, you'll work with experienced lending professionals who put your goals first, offering straightforward advice, timely answers, and the confidence of a truly local decision-making process. Approvals and closings are fast to respect your time, and loan servicing happens right here.
Westfield Investment Services*
Located at Westfield Bank
Planning for what's next
As part of the comprehensive support available through the Portfolio Banking program, clients of Westfield Bank, through Westfield Investment Services*, have access to investment planning and advisory services.
From retirement income strategies and tax-efficient investing to wealth transfer planning, this service is designed to help you navigate complex financial decisions with greater confidence and clarity.
Because no two clients are alike, Westfield Investment Services* advisors take a personalized approach-developing tailored plans based on your financial picture, risk tolerance, and long-term goals. This individualized guidance helps you align your investments with the life you're building.
For added convenience, meetings can be scheduled at any registered office located on the premises of all Westfield Bank locations. Whether you're refining your portfolio or thinking ahead to the future, these complimentary consultations connect you with experienced professionals focused on your priorities.
The power of your combined portfolio
Balances held in eligible Westfield Investment Services* Advisor and Brokerage Accounts through LPL Financial can be combined with your Westfield Bank personal deposit account balances to help meet the $200,000 minimum balance requirement for the Portfolio Banking program qualification.
*Financial Advisors are investment advisor representatives of, and offer securities and advisory services through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC).
Insurance products are offered through LPL or its licensed affiliates. Westfield Bank and Westfield Investment Services are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Westfield Investment Services, and may also be employees of Westfield Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Westfield Bank or Westfield Investment Services. Securities and insurance offered through LPL or its affiliates are:
Westfield Bank ("Financial Institution") provides referrals to financial professionals of LPL Financial LLC ("LPL") pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for brokerage or advisory services. Please visit lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.
The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.
1 Annual rental fee will be waived for one 3"x5" safe deposit box; availability varies by location.
2 Maintain a combined total minimum daily balance of $200,000.00 in this account, all Westfield Bank consumer checking, savings, money market, certificates of deposit (CDs), individual retirement accounts (IRAs) and/or Westfield Investment Services* advisory and brokerage accounts. The Tax Reporting Owner on the WB Portfolio Checking account must be an owner on each deposit account and have a combined statement to be considered for the combined balance waiver and be an owner on any advisory and brokerage accounts through Westfield Investment Services*.
3 Borrower will receive a $500 lender credit toward processing fees at closing. Subject to underwriting and loan approval. Property must be located in Massachusetts or Connecticut. Refinances of current Westfield Bank loans are not eligible.
4 Home equity loan borrowers will receive a $199 lender credit for the processing fee at closing. Home equity line of credit borrowers will receive a waiver of the $199 processing fee. Subject to underwriting and loan approval. Property must be located in Massachusetts or Connecticut. Refinances of current Westfield Bank loans are not eligible.
Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.