Eagle Rewards

Make your money work for you!

Would you like to earn hundreds of dollars a year from a checking account?  Believe it, it’s true.  Welcome to ONB’s newest checking account, Eagle Rewards Checking.  We will pay you 1.76% APY* on your checking account when you use your debit card at least 12 times a qualification cycle, have one direct deposit or Automatic Payment from your account, and enroll and receive electronic statements.  What could be easier? We will pay you 1.76% APY* to use your money, not tie it up for 12 months or longer, and get ATM Fee Refunds Nationwide!*

Further Benefits:

  • Unlimited check writing
  • Interest is earned, rate is variable
  • Direct deposit available
  • E-Statements
  • Free introductory checks
  • Free return of imaged checks
  • Free Online Banking
  • Free Bill Pay
  • MasterCard ® Check Card available to qualified customers. Apply today! *
  • Ready Reserve available to qualified customers. Apply today! *
  • FDIC Insured up to $250,000 per depositor


  • Minimum of 12 Debit Card Transactions post and clear per qualification cycle
  • Enroll and Receive Electronic Statements
  • Have at least one Direct Deposit or one Automatic Payment post and clear per qualification cycle

* APY = Annual Percentage Yield. APYs accurate as of 03/01/23. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Minimum to open is $25 for Eagle Rewards. Reward Information: When your Eagle Rewards account qualifications are met during a Monthly Qualification Cycle, (1) Balances up to $10,000.00 receive APY of 1.76%; and balances over $10,000.00 earn 0.15% interest rate on the portion of balance over $10,000, resulting in a range from 1.76% to 0.15% APY depending on the account’s balance and (2) you will receive reimbursements up to $25.00 for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. When Eagle Rewards qualifications are not met, all balances in the account earn 0.10% APY and ATM fees are not refunded. Interest and ATM fee reimbursements will be credited to your Eagle Rewards account on the last day of statement cycle. Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. ATM-processed transactions do not count towards qualifying debit card transactions. “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. Direct Deposit or ACH credit/debit and receipt of electronic statements are conditions of this account. Enrollment in electronic services (e.g. online banking, electronic statements) and log-ons may be required to meet some of the account’s qualifications. Limit one account per social security number. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. There are no recurring monthly service charges or fees to open or close this account. Please contact an ONB customer service representative with any questions by calling 1-507-280-0621 or use Secure Messaging via your online banking account. Check card and Ready Reserve subject to credit approval. Member FDIC.