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Business Savings AccountsWith OBA's Business Money Manager Account, you can take advantage of a high interest earning account that has limited check writing privileges. As with our checking accounts, OBA offers you Free Internet Banking, Free Telephone Banking, a Free MasterCard™ check card and free ATM use on the STARSM Network. Business MMDA High YieldWhen you have excess funds that need to remain readily available,
our MMDA High Yield account is a great place to earn a high interest rate. In addition, you can write 3 checks per month* from this account.
- $3,000 Minimum Opening Balance
- High Interest Earning Account with the following interest rate tiers:
| $ 500,000 - |
& Over |
| 100,000 - |
$ 499,999.99 |
| 25,000 - |
99,999.99 |
| 3,000 - |
24,999.99 |
| 0 - |
2,999.99 |
|
- No Monthly Service Charge of $5 with average collected balance of $3,000
- Limited Check Writing Privileges (3 per month) * See Details below.
- Make up to six (6) pre-authorized or telephonic transfers to another account or a third-party each month
- three (3) of these transfers can be made by check or debit card payable to a third party. * See Details below.
Fees could reduce earnings on account – this is a variable rate account
* Important Notice:
Federal regulation limits the number of withdrawals and/or transfers that may be made from a Money Market Account by telephone, Internet banking transfer, preauthorized transfer, check or debit card. You are limited to 6 withdrawals and/or transfers from your account each monthly statement cycle by preauthorized transfer, or telephone/Internet banking transfer. And if the account permits transfers by check or debit card, no more than three of the six limited transfers may be by check or debit card.
See our Current Loan Rates for Terms and Conditions.
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