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Western Alliance Bank vs SunTrust Bank

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

Western Alliance Bank offers high-yield savings products and CD accounts.

While SunTrust Bank has 1,400 branches in the Southeast region. Checking accounts require $100 to open and offers different ways to waive fees. Select Savings account offers an annual 1% bonus up to $25. Promotional CD offers a high APY with a $2,000 minimum opening deposit.

Compare Western Alliance Bank with SunTrust Bank, side-by-side.

 Western Alliance Bank
Member FDIC
 Visit SiteLearn More
 

Western Alliance Bank

SunTrust Bank

SPECIAL OFFER
High-Yield Savings Premier - 4.30% APY

Read Western Alliance Bank Review

 

Benefits and Features

Savings
4.30% APY
0.01% APY for all savings account. For Essential Savings Account - no minimum opening deposit, no monthly maintenance fee, no tiered interest rates. For Select Savings Account - $100 minimum opening deposit, $7 monthly maintenance fee unless 1) minimum $25 per month auto-transfer from a SunTrust personal checking account or, 2) $1,000 minimum daily collected balance. Has tiered interest rates.
CDUp to 4.36%; 3-12 month term CDs. $1 minimum deposit.0.05% APY. Terms ranging from 6 months - 24 months. $2,500 minimum opening deposit. Terms ranging from 7 days - 31 days. OR $1000 minimum opening deposit. Terms ranging from 32 days - 60 days.
Checking
N/A
 
Money Market Minimum opening deposit $100. Monthly maintenance fee $12 unless 1) one (1) automated transfer ($100 minimum) occurs, OR 2) a minimum daily collected balance of $10,000 is maintained.
ATMs More than 2160 ATMs across 11 southeastern states and Washington DC.
Customer Service 24/7 Telephone and Automated Customer Service
IRA CD Terms ranging from 1 - 10 years.
Locations
35 locations
1400 bank branches across 11 southeastern states and Washington D.C.
 

CreditDonkey® Reviews

 Western Alliance Bank
SavingsStarStarStarStarStar
CDStarStarStarStarStar
FeesStarStarStarStarStar
Mobile AppStarStarHalf StarEmpty StarEmpty Star
Customer ServiceStarStarStarEmpty StarEmpty Star
Pros & ConsPros:
  • High APY
  • No account activity or maintenance fees
Cons:
  • No debit card or checks
Bottom LineSolid bank that offers high APY savings products with a fully digital experience... 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 08/01/2025.

SunTrust Bank: Pricing information from published website as of 04/12/2022 based on 91107 zip code.

High-Yield Savings Premier - 4.30% APY

High-Yield Savings Premier - 4.30% APY

  • No account fees
  • Option to open individual or joint account
  • FDIC insured up to $250,000 per depositor
  • Only $500 minimum opening deposit
The annual percentage yield (APY) is accurate as of July 29, 2025 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 - 4.30% 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 4.36% APY

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

Term CD Rates
3 Month 4.15% APY
5 Month 4.36% APY
6 Month 4.00% APY
9 Month 3.90% APY
12 Month 3.80% APY

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.


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.

Which Do You Think is Best?





Which Bank Account is Right for You?


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