319-283-4000

Savings Accounts

Whether you're saving for a specific purpose, like a car or house or just to be ready for a rainy day, Community Bank of Oelwein is here to help.

Community Savings Account

  • Minimum opening deposit of $50
  • Service fee of $7 per month if balance falls below $50
  • Interest is paid monthly
  • No charge for children 18 years old or younger
  • FREE Internet Banking
  • Service Fee of $3.00 for paper statements per statement cycle

Community Money Market

  • Minimum opening deposit of $1,000
  • Service fee of $10 per month if balance falls below $1,000
  • Interest paid monthly
  • Limited check writing- 3 per month ($5.00 each over limit)
  • Check imaging available
  • FREE Internet Banking and Bill Payer
  • Service Fee of $3.00 for paper statements per statement cycle

High Yield Money Market

  • Highest yield for Money Market account
  • Minimum opening deposit of $1,000
  • Service fee of $15 per month if balance falls below $10,000
  • Interest paid monthly
  • Limited check writing- 3 per month ($5.00 each over limit)
  • Check imaging available
  • FREE Internet Banking and Bill Payer
  • Service Fee of $3.00 for paper statements per statment cycle

Christmas Club Account

  • Minimum opening deposit of $10
  • Interest is compounded quarterly
  • Automatic transfer from checking available
  • Balance in account is paid to you in October
  • $5.00 withdrawal fee for each premature withdrawal
  • FREE Internet Banking

Click the link below to learn more about how saving can benefit you. 

https://atwork.everfi.net/communitybankoelwein/login?bypass_splash=1&start=savings 

 

Please note this link will open a new window and take you to a web site not managed by Community Bank of Oelwein.