Personal Checking Account Premier Checking Account Go Green Checking Account
Best If You Want: A no fuss account with access to all of Oak Bank’s value-added benefits. To earn interest by maintaining a moderate account balance and have access to all of Oak Bank’s value-added benefits. To earn one of the highest rates on your checking account balance by using some of Oak Bank’s secure electronic services.
Earns Interest: No Yes, Tiered – Check Rates Yes, Tiered – Check Rates
Check Writing or Withdrawals per Month Unlimited Unlimited Unlimited
Minimum to Open: $25.00 $25.00 $25.00
Monthly Service Fees: $7.95 service fee unless the account holder maintains a $1,000.00 average daily balance or $3,500.00 in any other deposit or loan product or combinations of products. $10.00 service fee unless the account holder maintains a $2,500.00 average daily balance or $25,000.00 in any other deposit or loan product or combination of products. $10.00 service fee unless the account holder maintains a $2,500.00 average daily balance or $25,000.00 in any other deposit or loan product or combination of products.
iBank: Free Free Free
iBillPay: Free Free Free
Oak Bank Debit/Check Card: Free Free Free
Extras: Direct Deposit, Cashier’s Checks, Bank by Mail option Direct Deposit, Cashier’s Checks, Bank by Mail option Direct Deposit, Cashier’s Checks, Bank by Mail option
ATMs: No Fee ATM on location and SURCHARGE FREE ATM cash withdrawals at ATM Access terminals statewide. No Fee ATM on location and SURCHARGE FREE ATM cash withdrawals at ATM Access terminals statewide. No Fee ATM on location and SURCHARGE FREE ATM cash withdrawals at ATM Access terminals statewide.
The Fine Print: To remain qualified for this rate tiered account, maintain usage of iBank and eStatements, and two of the following:  Direct Deposit, iBillPay, and/or debit card.
Rate Details: Interest will be credited and compounded to your account monthly. The interest rate and annual percentage yield may change weekly at the Bank’s discretion with no limitations on the rate changes. Interest will be credited and compounded to your account monthly. The interest rate and annual percentage yield may change weekly at the Bank’s discretion with no limitations on the rate changes.
Rate Details: (cont.) Interest begins to accrue on the second business day after the day you deposit non-cash items (for example, checks) to your account. Interest begins to accrue on the second business day after the day you deposit non-cash items (for example, checks) to your account.
Rate Details: (cont.) We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Rate Details: (cont.) If you close your account before interest is credited, you will not receive the accrued interest. If you close your account before interest is credited, you will not receive the accrued interest.