OIB Reward Checking

OIB Reward Checking

This high-interest checking account with no monthly service fee rewards you every day. Plus, you'll also enjoy unlimited ATM fee refunds nationwide.**

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  • 3.01% APY* interest paid on balances up to $15,000
  • 0.25% APY* on portion of balance above $15,000
  • 0.05% APY* if qualifications are not met
  • Unlimited ATM refunds nationwide**
  • No monthly service charge
  • No minimum balance requirements
  • Minimum deposit to open: $100
  • Free MasterCard® Debit Card
  • Free Online Banking with Bill Pay
  • Interest compounded daily, paid monthly

*APY = Annual Percentage Yield; interest rate is subject to change.

  • To receive 3.01% APY* on balances up to $15,000, simply do the following each monthly qualification cycle:
  • Have at least 12 debit card purchases post and clear (does not include ATM transactions)
  • Have at least 1 automatic payment or direct deposit post and clear
  • Receive e‐Statements
  • If you don't qualify during a cycle, don't worry! You will still enjoy checking with no monthly service charge plus you get a base rate of 0.05% APY* and you get right back to making 3.01% APY* and enjoying ATM fee refunds** the next cycle that you meet the qualifications.

Minimum to open account is $100. *Annual Percentage Yield (APY) accurate as of 11/14/2012. Rate tiers are as follows: 3.01% APY (interest rate of 2.9657%) applies to balances of $.01 - $15,000 and 0.25% APY (interest rate of 0.2500%) applies to balances over $15,000 if qualifications are met during the monthly qualification cycle. 0.05% APY (interest rate of 0.05%) applies to all balances if monthly qualifications are not met. If your balance is between $15,000 and $100,000, then the annual percentage yield will range from 3.01% to 0.610% if monthly qualifications are met. . We may change the interest rate and APY at any time after the account is opened. Fees may reduce earnings.

Qualifying transactions must post and clear to the account during the monthly qualification cycle. Transactions may take one or more banking days from the date the transaction was made to post to an account. Intra‐bank transfers do not count as qualifying transactions. **ATM Fee reimbursements are unlimited provided only if qualifications are met within the monthly qualification cycle. No minimum balance required. Available to personal accounts only. No monthly service charge. Limit 1 Reward Checking account per depositor.