Deposit Products

 

                                                       

Reorder Checks Online!

Just Follow the Link below

 Regular Checking

This account is designed for individuals with high activitiy volume per statement cycle.

Limitations:  You must deposit $100.00 to open this account.  (That's it!)

Account Fees:  A monthly maintenance fee of $5.00 will be imposed per statement cycle if the average collected balance falls below $300.00. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

 Basic Checking

This account is for those individuals with limited checking activity that requires no minimum balance.

Limitations:  You must deposit $100.00 to open this account.  Ten (10) free withdrawals per statement cycle.  $.25 per withdrawal over 10.  Checks written, ATM withdrawals, preauthorized transfers and/or ACH withdrawals are included in the 10 withdrawal limit each statement cycle.

Back to Top

 Freedom Checking

This account is designed for individuals who want freedom from monthly service charages while enjoying the convenience of Direct Deposit.

Limitations: You must deposit $100.00 to open this account.

Account Fees:  If the Accountholder(s) fails to establish and initiate at least one Direct Deposit into the account per statement cycle, then the account is automatically considered a Basic Checking Account and subject to the conditions of Basic Checking.  Basic Checking conditions and/or limitations are accountholder(s) receive ten (10) free withdrawals per statement cycle.  $.25 per withdrawal over 10.  Checks written, ATM withdrawals, preauthorized transfers and/or ACH withdrawals are included in the 10 withdrawal limit each statement cycle.

Back to Top

 Gold 55 Checking

This account is designed exclusively for those age 55 and over offering unlimited transactions.  A low minimum balance is required to avoid service charges.

Limitations:  You must deposit $100.00 to open this account.

Account Fees:  A maintenance fee of $5.00 will be imposed per statement cycle if the account balance falls below $100.00 any day of the cycle. 

Back to Top

 Student Checking

This account is designed for full-time students ages 18 to 24.  Student can receive a refund for ATM fees charged when using a non-Bank of O'Fallon ATM.  Student purchases their personalized checks.

Limitations:  You must deposit $100.00 to open this account.

Account Fees:  If you use your Visa Debit Card at least 10 times during the statement cycle as a non-ATM transaction, you will receive a refund of all Foreign ATM Fees and a refund of up to $15.00 in ATM Surcharge Fees.

 Personal Now Interest Bearing Checking

A transaction account that earns interest.

Rate Information*:  This Account is an interest bearing account.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).  Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest.

Back to Top

 Personal Super Now Interest Bearing Checking

Rate Information*:  This Account is an interest bearing account.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).  Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest.

Balance Information:  We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

Limitations:  You must deposite $1,000.00 to open this account.  You will be charged $.25 for each check/withdrawal over 25 during a statement cycle. 

Account Fees:  $1,000.00 minimum daily balance required to avoid monthly maintenance fee of $10.00.  If account is closed within the first six (6) months, a $25.00 fee will be assessed.

Back To Top

 Statement Savings

Rate Information*:  This account is an interest bearing account.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the day we receive credit for the deposit of noncash items (for example, checks).  Interest will be compounded quarterly and will be credited to the account quarterly.  If the account is closed before interest is credited you will not receive the accrued interest.

Balance Information:  We use the daily balance method to calculate the interest on the account.  This method applied a daily periodic rate to the principal in the account each day.

Limitations:  You must deposit $100.00 to open this account.  You may make six (6) transfers from your account each four (4) weeks or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction.  Three (3) of these transfers may be made by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  transfers and withdrawals made in person, by messenger, or by mail or at an ATM are unlimited.

Account Fees:  A maintenance fee of $5.00 will be imposed per statement cycle if the daily balance in the account falls below $200.00.  A statement cycle consists of three (3) months.  The account holder will be assessed a $1.00 excess withdrawal fee for each withdrawal over eighteen (18) per statement cycle.  Withdrawals made in person, ATM withdrawals, preauthorized transfers, and/or ACH withdrawals are included in the eighteen (18) withdrawals limit per statement cycle.  If the account is closed within the first six (6) months, a $25.00 will be assessed.

Back to Top

 Twin Savings

This account offers the account holder the opportunity to avoid a monthly service charge on a Regular Checking Account by maintaining the required minimum daily balance in a Twin Savings Account.

Rate Information*:  This Account is an interest bearing account.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).  Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited you will not receive the accrued interest.

Balance Information:  We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.

Limitations:  You must deposit $750.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction.  Three (3) of these transfers ay be made by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

Account Fees:  A maintenance fee of $5.00 will be imposed per statement cycle if the daily balance in the Savings Account falls below $750.00.  The account holder will be assessed a $1.00 excess withdrawal fee for each withdrawal over six (6) per statement cycle. Withdrawals made in person, ATM withdrawals, preauthorized transfers, and/or ACH withdrawals are included in the six (6) withdrawals limit per statement cycle.  For statement producing purposed, this account will be combined with a Twin Checking account which produces a monthly statement.  If the savings account is closed within the first six (6) months, a $25.00 fee will be assessed.

Back to Top

 Combined Statement Saving

Rate Information*:  This Account is an interest bearing account.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account daily.  Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).  Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited you will not receive the accrued interest.

Balance Information:  We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.

Limitations:  You must deposit $100.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction. Three (3) of these transfers may be made by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

Account Fees:  A maintenance fee of $5.00 will be imposed per statement cycle if the daily balance in the account falls below $200.00.  The account holder will be assessed a $1.00 excess withdrawal fee for each withdrawal over six (6) per statement cycle.  Withdrawals made in person, ATM withdrawals, preauthorized transfers, and/or ACH withdrawals are included in the six (6) withdrawals account will be combined with a personal checking account which produces a monthly statement.  If the savings account is closed within the first six (6) months, a $25.00 fee will be assessed.

Back to Top

 Children's Statement Savings

Account is for children under the age of 18.  It is opened as a custodial account.  The custodian is a parent or guardian.  The child cannot make withdrawals from the account.

Rate Information: This account is an interest bearing account.  The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account daily.  Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).  Interest will be compounded quarterly and will be credited to the account quarterly  If the account is closed before interest is credited you will not receive the accrued interest.

Balance Information:  We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.

Limitations:  You must deposit $10.00 to open this account.  You may make six (6) transfers from your account each four (4) weeks or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction.  Three (3) of these transfers may be made by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.

Account Fees:  No maintenance fee.  The account holder will be assessed a $1.00 excess withdrawal fee for each withdrawal over eighteen (18) per statement cycle.  Withdrawals made in person, ATM withdrawals, preauthorized transfers, and/or ACH withdrawals are included in the eighteen (18) withdrawals limit per statement cycle.  A statement cycle consists of three (3) months.  If the account is closed within the first six (6) months, a $25.00 fee will be assessed.

 Back to Top

 Christmas Club

Limitations:   You must deposit $5.00 to open this account.  If funds are withdrawn before the check is to be issued, a $10.00 fee will be assessed.  At the end of the club account period October 31, 2008, the funds in the account will be mailed to you by check.

Back to Top

 Personal Money Market

Designed for individuals with limited activity who want to earn a higher interest rate on their balances and maintain full liquidity.

Rate Information*:  This account is an interest bearing account.  The interest rate and annual percentage yield may change.  At our discretion, we may change the interest rate on the account dailey.  Intrerest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks).  Interest will be compounded monthly and will be credited to the account monthly.  If the account is closed before interest is credited, you will not receive the accrued interest.

Balance Information:  We use the daily balance method to calculate the interest on the account.  This method applies a daily periodic rate to the principal in the account each day.  You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield.

Limitations:  You must deposit $1,000.00 to open this account.  You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including date transmission)  agreement, order or instruction.  Three (3) of these transfers may be made by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties.  Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. 

Account Fees:  $1,000.00 minimum daily balance required to avoid a $25.00 monthly maintenance fee.  A $5.00 service charge will be assessed for each additional third party check over three (3) and each additional interbank transfer over three (3) per statement cycle.  If the account is closed within the first six (6) months, a $50.00 fee will be assessed.

Back to Top


NOTICE: PLEASE READ Bank of O'Fallon does not control the content of or approve any website that is linked through this browser. Search results are not filtered or screened by the bank or any of its agents, representatives or service providers. Users who search the Internet using this browser do so at their own risk and are responsible for the results. The portal features are being provided by an outside source - Bank of O'Fallon is not responsible for the content.