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