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OIB Reward Checking
Enjoy high interest earnings on a checking account that is totally free plus you’ll enjoy Free Nationwide ATM usage if monthly requirements are met.
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Minimum
deposit to open
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$100
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Interest Rates (subject to change)
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High APY Bonus Rate paid on balances of $0 to $25,000 (when qualifying)
Moderate APY Second Tier Rate paid on balance over $25,000 (when qualifying)
Base Rate paid if not qualifying
Contact bank for current interest rate (APY) paid
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Requirements to qualify
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1 recurring ACH debit or credit during qualifying cycle
12 debit card transactions required during qualifying cycle (does not include ATM transactions)
E-Statements (electronic bank statements required)
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Interest Compounded
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Daily
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Interest Paid
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Monthly
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Other
Features
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Free MasterCard Check/Debit Card
Free Internet Banking and Free Bill Payer
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To Open a REWARD CHECKING ACCOUNT visit any OIB Branch or
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OIB FREE Checking
A basic, "no frills" account that is free of a monthly maintenance fee. Check images are available online with Internet Banking.
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Minimum
deposit to open
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$100
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Monthly service
charge or transaction fee
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FREE
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Check Images
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Available online
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Other features
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ATM or Debit Card available
Internet Banking and BillPayer-Free
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OIB Regular Checking
This popular OIB checking option has the
broadest customer appeal.
Its service charges are fairly set, with the options to avoid them
altogether.
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Minimum
deposit to open
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$100
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Monthly service
charge
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Based on
minimum balance
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$750 & over
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FREE
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$400- $749
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$6
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$399 &below
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$10
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Transaction
fees
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First 50 checks
or debits per month - FREE
Above 50 $0.15 per check or debit (includes electronic ACH and POS items)
Unlimited ATM Withdrawals
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Minimum
balance to avoid all service charges and transfer fees
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$1,500
(or $5,000 combined with other regular checking
accounts or regular personal savings accounts)
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Restrictions
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Not
available to commercial customers
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Other
Features
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Non-Interest
Bearing
Internet Banking and BillPayer-Free
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OIB Interest Checking
Interest checking made simple!
This account offers daily compounding at competitive variable interest
rates. Unlike some banks, OIB pays interest on every dollar kept in the
account.
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Minimum
deposit to open
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$100
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Monthly
service charge
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$10
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Transaction
fees
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.15 cents per
check or debits (includes electronic ACH and POS items)
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Minimum
balance to avoid all service charges and transaction fees
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$1,500
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Interest
rate
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Rates are subject
to changes
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Interest
compounding
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Daily
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Interest
paid
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Monthly
Back to Top
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Other
Features
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ATM or Debit Card
available
Internet Banking and BillPayer-Free
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OIB Money Market Checking
This account has the advantages of a savings account, but with the privileges of a checking account with competitive interest rates. Unlimited withdrawals in person in the teller line are allowed, while access otherwise is limited by federal law.. |
| Minimum Deposit to Open |
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$100 |
| Monthly Service Charge |
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$10 if minimum balance is not met |
| Minimum balance to avoid service charge |
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$2,000 |
| Transaction fees |
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Unlimited withdrawals in person, otherwise, no more than six preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or other similar transactions from your account per month or statement cycle.
$10 fee on each transaction over six (account closed on excessive withdrawals) |
| Interest rate (subject to change) |
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Rates are based on a tiered structure that is compounded daily and paid monthly. |
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OIB Ultra-Checking
This premium money market account is
ideal for those who keep larger balances, with rates keyed to U.S. Treasury
Bills.
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Minimum
deposit to open
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$100
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Monthly
service charge
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$25
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Transaction
fees
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none
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Minimum
balance to avoid all service charges and transaction fees
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$10,000
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Interest
rate
(rates subject to change)
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Rates are based
on a tiered structure that is compounded daily and paid monthly.
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Interest
compounding
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Daily
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Interest
paid
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Monthly
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Other
Features
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ATM or Debit
Card available
Internet Banking and BillPayer-Free
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OIB Regular Savings
A tried and proven savings option that will help you begin building toward financial security. Our interest rate is always a market leader. Unlimited withdrawals in person in the teller line are allowed, while access otherwise is limited by federal law.
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Minimum
deposit to open
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$100
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Terms
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N/A
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Renewals
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N/A
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Service
charges
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1 withdrawal per month free
$1 fee for 2nd withdrawal
$2 for each withdrawal over 2 per month
$5 monthly maintenance fee on balances below $400
Monthly maintenance fee is waived for minors
(exception: annual deposits required to avoid fee)
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Interest
rate
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Rate subject to
change
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Interest
compounded
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Daily
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Interest
paid
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Monthly
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Statements/Notices
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Quarterly
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OIB Health Savings Account (HSA)
Health Saving Accounts were created by Congress to combat rising medical cost by providing an incentive for more consumers to pay "first-dollar" medical expenses. HSA's are designed for individuals who have a High Deductible Health Plan (HDHP) and can be used as a tax advantage to offset health care expenses.
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Minimum
to open
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$50
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Annual Service Charge
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$35
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Interest Rates
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Rates are based on a tiered structure that is compounded daily and paid annually. Rates are subject to change.
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Interest Compunded
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Daily
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Interest Paid
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Annually
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Other Features
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Free debit card available.
Free special designed HSA checks.
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| For more details on the Health Savings Account please call or visit one our locations. |
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Certificate of Deposit or Individual Retirement Account
This super-powered savings tool offers the maturity options & convenient features to accommodate any need.
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Minimum
to open
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$1000
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30 days to 5 years available
Interest rate is subject to change upon renewal
Automatically renewed
Interest is compounded daily & paid monthly, annually or at maturity by: mailed check, deposited to an OIB account or added back to CD at renewal
Penalty for early withdrawal may apply
Also available is the OIB 6 month ADD On Certificate of Deposit. It offers the flexability of adding to your CD. |
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CDARS - Certificate of Deposit Account Registry Service
This CD is a safe, convenient solution for large-deposit investors. By placing funds in FDIC-insured CDs that are issued by Network members, your deposits exceeding $100,000 can be eligible for full FDIC coverage, up to $50,000,000. Click here for details.
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Additional Services
Internet Banking
This product is an easy, fast & free way to handle many of your bookkeeping needs. It saves you time & money.
No monthly access fee
Ability to view all OIB accounts
View account balances & transactions
Transfer funds between your OIB accounts
Pay bills online with Bill Payer
Re-order checks
Request address changes
Request stop payments
Purchase savings bonds
Ability to set up personal alert/reminders
Personal Bill Payer
This product offers you the flexibility of paying your bills without having to pick up a pen, purchase a stamp or go to the post office.
No monthly access fee
Make single or multiple payments
Set up recurring payments
Add/change payees at any time
E-Statements
This product will allow you to electronically receive your bank statement from OIB without having to wait on the postman to deliver.
No monthly access fee.
Email notification sent when statements are ready.
Will accumulate up to two years of statements beginning with first e-statement.
Ability to download to your personal computer, save to a disc or print from Adobe Reader.
Visa® Gift Card
Visa Debit Card
Cards can be reloaded
Funds available immediately when loaded
Perfect gift for all gift giving occasions
Free secured online access to card information
Can be used for purchases & ATM withdrawals
Can be used for online purchases
Ideal for students away at school
Instant issue cards ($25 - $500)
Direct Mail cards ($25 - $3,000)
See bank for details
Click Here to view and print an enrollment form |
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West Monroe 