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Western Alliance Bank vs Customers Bank

Western Alliance Bank is a solid bank that offers high APY savings products with a fully digital experience. How does it compare to Customers Bank? Read our comparison chart below.

 Western Alliance Bank
Member FDIC
Customers Bank
 Visit SiteLearn More
 

Western Alliance Bank

Customers Bank

SPECIAL OFFER
High-Yield Savings Premier - 5.01% APY

Read Western Alliance Bank Review

SPECIAL OFFER
High-Yield Savings Account - 4.51% APY - Learn More

Read Customers Bank Review

 

Benefits and Features

Savings
5.01% APY
Yield Shield Savings Account - 4.73% APY. $25,000 minimum opening deposit.
CDUp to 4.05%; 3-12 month term CDs. $1 minimum deposit.3.60% to 4.35% APY. Terms of 24 to 60 months. $500 minimum to open
Checking
N/A
Up to 2.00% APY. $50 to open, no balance required, no monthly fees.
Locations
35 locations
 
 

CreditDonkey® Reviews

 Western Alliance BankCustomers Bank
SavingsStarStarStarStarStarStarStarStarHalf StarEmpty Star
CDStarStarStarStarStarStarStarStarStarEmpty Star
FeesStarStarStarStarStar
Mobile AppStarStarHalf StarEmpty StarEmpty StarStarStarStarEmpty StarEmpty Star
Customer ServiceStarStarStarEmpty StarEmpty StarStarStarHalf StarEmpty StarEmpty Star
CheckingStarStarStarStarEmpty Star
Pros & ConsPros:
  • High APY
  • No account activity or maintenance fees
Cons:
  • No debit card or checks
Pros:
  • Competitive rates
  • No monthly fees
  • Access to physical branches
Cons:
  • Wire transfer fees
Bottom LineSolid bank that offers high APY savings products with a fully digital experience... Read full reviewSolid bank that offers an interest-earning checking account and savings options with good APY... Read full review
 Visit SiteLearn More

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Western Alliance Bank: Information sourced from the published website as of 09/26/2024.

Customers Bank: Pricing information from published website as of 09/27/2024.

High-Yield Savings Premier - 5.01% APY

High-Yield Savings Premier - 5.01% APY

  • No account activity or maintenance fees
  • $500 minimum opening deposit
  • FDIC insured
The annual percentage yield (APY) is accurate as of 10/8/2024 and subject to change at the Bank's discretion. Refer to product's website for latest APY rate. Minimum deposit required to open an account is $500 and a minimum balance of $0.01 is required to earn the advertised APY. Member FDIC
Western Alliance Bank
Member FDIC

High Yield Savings Account - 4.70% APY

on Raisin's Secure Website
  • No fees
  • $1 minimum deposit
  • 24/7 online access
  • FDIC insured
Western Alliance Bank

High-Yield CD Rates - Up to 4.05% APY

on Raisin's Secure Website
  • No fees
  • $1 minimum deposit
  • FDIC insured

Term CD Rates
3 Month 4.05% APY
5 Month 3.85% APY
6 Month 3.75% APY
9 Month 3.00% APY
12 Month 3.00% APY
Customers Bank

High-Yield Savings Account - 4.51% APY

  • $1 minimum deposit
  • No fees
  • 24/7 online access to funds
  • FDIC insured

Which is Better: Western Alliance Bank or Customers Bank?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Western Alliance Bank or CIT Bank.

In short: Western Alliance Bank's savings and cd are outstanding.


Articles on Western Alliance Bank

Western Alliance Bank Review

Western Alliance Bank offers savings products with competitive APYs for people looking to grow their money. Is there a catch? Read on to find out.

Articles on Customers Bank

Customers Bank Review

Customers Bank boasts several interest-earning accounts with good APYs. Read on for all the details.

Which Do You Think is Best?





Which Bank Account is Right for You?


About CreditDonkey
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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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