Earn More for Your Mission!
Does your community organization have funds sitting in an account growing at very low rate? If so, our Money Market account for non-profits is an affordable option to grow your funds to support your group’s mission.
Oak View’s Community Money Market account offers competitive tiered interest rates based on the balance of your account. The higher your balance, the higher the interest rate you earn! You also get free access to Online Banking, our Telephone Banking system and Night Depository services. Other account features include:
- FDIC insured to maximum legal limit
- $1,500 minimum opening deposit
- $1,500 average daily balance requirement to avoid monthly service charge of $5.00
Contact us to learn more or stop by your local Oak View National Bank office to open your account today!
Under Federal Regulation D, savings and money market accounts are restricted to six third-party or pre-authorized transfers per statement cycle. All check withdrawals, as well as transfer withdrawals by telephone, online banking, wires or ACH, or other pre-authorized withdrawals, are included when counting the number of restricted withdrawals. Your account is monitored over a rolling 12 month period. Exceeding these federally established withdrawal limits could cause us to move your account to a checking account, which allows unlimited withdrawals.
For additional information on fees and other account terms, please review our Truth in Savings disclosure and Schedule of Fees.