The Ohio State Bank has a savings account to fit every business.
OHIO STATE TREASURY MANAGEMENT A business investment account that rewards more than a money market for a higher minimum balance
Minimum to open $10,000
No monthly fee*
Interest bearing with tiered blended interest rates**
No minimum to earn interest
Limit of 6 pre-authorized debits per month***
Free online banking
OHIO STATE SAVINGS An interest bearing account for businesses or individuals
Minimum to open $100
No monthly fee*
Interest bearing with a tiered variable interest rate
No minimum to earn interest
Limit of 6 pre-authorized debits per month***
Free online banking
Free ATM card
INFORMATION FOR ALL
SAVINGS ACCOUNTS:
A monthly dormant fee of $8.00 will be charged if there is no activity after one year and the balance is below $500
*Ohio State Savings monthly fee of $2.50 applies if the balance falls below $100. Treasury Management monthly fee is $10 if the balance falls below $10,000
**The interest rate and annual percentage yield depend on the applicable rate tier. The rates for these tiers may change. Interest will be compounded daily using the average daily balance computation method and paid at statement cycle. Interest begins to accrue on the day we receive credit.
***Federal regulation D limits transfers on a savings account to another account or to third parties by preauthorized, automatic, or telephone transfer to 6 per statement cycle (no more than 3 by check). An excessive withdrawal fee of $5.00 is charged for any transaction over 6.
Full account disclosures are available upon request or at opening of account