Savings Accounts

Savings Accounts

Health Savings Account

Benefits:

  • No service charges unless balance falls below $100.00
  • Unlimited transfers when conducted in person at our bank. **
  • Interest is earned, rate is variable. Please call us for our current rates!
  • No fee ATM Cash Card available to qualified customers
  • FDIC Insured up to $250,000 per depositor


Additional Information:

  • $25.00 minimum balance required to open this account
  • No service charge unless daily balance falls below $200.00 on any day of the month, at which time a $3.00 monthly service fee would then apply
    $25 setup fee
  • Other ATM owners may charge a fee for ATM and Debit card usage
  • No additional charge for ATM Cash Card imposed by Olmsted National Bank
  • ** Savings Account Limitations on Frequency of Transfers: Federal regulations require banks to limit transfers from a savings account to another account or to third parties by pre-authorized, automatic, or telephone transfers to six (6) per month.**

Accurate as of September 30, 2013
Fees subject to change.

Regular Savings

Regular Savings

Benefits:

  • No service charges unless balance falls below $200.00
  • No service charge for savers under age 18
  • Unlimited transfers when conducted in person at our bank. **
  • Interest is earned, rate is variable. Please call us for our current rates!
  • Direct deposit available
  • No fee ATM Cash Card available to qualified customers
  • FDIC Insured up to $250,000 per depositor

Additional Information:

  • $25.00 minimum balance required to open this account
  • No service charge unless daily balance falls below $200.00 on any day of the month, at which time a $3.00 monthly service fee would then apply
  • Other ATM owners may charge a fee for ATM and Debit card usage
  • No additional charge for ATM Cash Card imposed by Olmsted National Bank
  • ** Savings Account Limitations on Frequency of Transfers: Federal regulations require banks to limit transfers from a savings account to another account or to third parties by pre-authorized, automatic, or telephone transfers to six (6) per month.**

Accurate as of September 30, 2013
Fees subject to change.

Money Market Savings

Money Market Savings

Benefits:

  • No service charges unless balance falls below $1,000.00
  • Unlimited transfers when conducted in person at our bank.**
  • Interest is earned, rate is variable. Please call us for our current rates!
  • Direct deposit available
  • No fee ATM Cash Card available to qualified customers
  • FDIC Insured up to $250,000 per depositor

Additional Information:

  • $25.00 minimum balance required to open this account
  • No service charge unless daily balance falls below $1,000.00 on any day of the month, at which time a $7.00 monthly service fee would then apply.
  • Other ATM owners may charge a fee for ATM and Debit card usage
  • No additional charge for ATM Cash Card imposed by Olmsted National Bank
  • ** Savings Account Limitations on Frequency of Transfers: Federal regulations require banks to limit transfers from a savings account to another account or to third parties by pre-authorized, automatic, or telephone transfers to six (6) per month.**

Accurate as of September 30, 2013
Fees subject to change.

Investor Savings

Benefits:

  • No service charges unless balance falls below $10,000.00
  • Unlimited transfers when conducted in person at our bank.**
  • Market interest that is competitive with brokerage money market accounts
  • Interest is earned, rate is variable. Competitive with brokerage money market accounts.
  • Please call us for our current rates!
  • Direct deposit available
  • No fee ATM Cash Card available to qualified customers
  • FDIC Insured up to $250,000 per depositor

Additional Information:

  • $25.00 minimum balance required to open this account
  • No service charge unless daily balance falls below $10,000.00 on any day of the month, at which time a $10.00 monthly service fee would then apply.
  • Other ATM owners may charge a fee for ATM and Debit card usage
  • No additional charge for ATM Cash Card imposed by Olmsted National Bank
  • ** Savings Account Limitations on Frequency of Transfers: Federal regulations require banks to limit transfers from a savings account to another account or to third parties by pre-authorized, automatic, or telephone transfers to six (6) per month.**

Accurate as of September 30, 2013
Fees subject to change.

Premium Savings

Benefits:

  • Market interest that is competitive with brokerage money market accounts
  • No service charge unless balance falls below $15,000.00
  • Unlimited transfers when conducted in person at our bank.**
  • Interest is earned, rate is variable based on following balance tiers:

$0.00 to $14,999.99

$15,000.00 to $49,999.99

$50,000.00 to $99,999.99

$100,000.00 to $249,999.99

$250,000.00 and over

  • Please call us for our current rates!
  • Direct deposit available
  • No fee ATM Cash Card available to qualified customers
  • FDIC Insured up to $250,000 per depositor

Additional Information:

  • $25.00 minimum balance required to open this account
  • No service charge unless daily balance falls below $15,000.00 on any day of the month, at which time a $10.00 monthly service fee would then apply.
  • Other ATM owners may charge a fee for ATM and Debit card usage
  • No additional charge for ATM Cash Card imposed by Olmsted National Bank
  • ** Savings Account Limitations on Frequency of Transfers: Federal regulations require banks to limit transfers from a savings account to another account or to third parties by pre-authorized, automatic, or telephone transfers to six (6) per month.**


Accurate as of September 30, 2013
Fees subject to change.

Money Market Retirement Savings (IRA)

Benefits:

  • No service charge applies
  • Low minimum balance requirement
  • Unlimited transfers when conducted in person at our bank.**
  • Interest is earned, rate is variable based on following balance tiers:

$0.00 to $1,999.99

$2,000.00 to $9,999.99

$10,000.00 to $24,999.99

$100,000.00 to $249,999.99

$25,000.00 and over

  • Please call us for our current rates!
  • Direct deposit available
  • FDIC Insured up to $250,000 per depositor

Additional Information:

  • ** Savings Account Limitations on Frequency of Transfers: Federal regulations require banks to limit transfers from a savings account to another account or to third parties by pre-authorized, automatic, or telephone transfers to six (6) per month.**

Accurate as of September 30, 2013
Fees subject to change.

Regular Time Certificates

Benefits:

  • Fixed interest is earned. Please call us for our current rates!
  • Interest earned can be paid via checks OR automatically added to your balance in order to take advantage of compound interest
  • FDIC Insured up to $250,000 per depositor
  • Individual certificates issued for up to $99,999.99

Jumbo Time Certificates

Benefits:

  • Fixed interest is earned. Please call us for our current rates!
  • Interest earned can be paid via checks OR can be automatically added to your balance in order to take advantage of compound interest
  • FDIC Insured up to $250,000 per depositor
  • Individual certificates issued for amounts of $100,000 and over

Additional Information:

  • $25.00 minimum balance required to open this account