Savings for Life
A piggy bank is good, but a savings account is better.
Whether you’re socking money away for a rainy day, setting money aside for a dream vacation, starting a college fund, preparing for health expenses or saving up for a new boat, a savings account from Oostburg State Bank could be the first step in achieving your financial goals.
We offer a number of savings accounts designed to fit your individual needs.
Current interest rates are available here.
Due to the update of Regulation D by the Federal Reserve Board, Oostburg State Bank will be removing all transfer limitations on our Savings and Money Market accounts. This change is effective immediately.
|Account Types||Minimum Opening/ Daily Balance||Interest Earned||Service Charge||Features|
|Savings Account||None||Paid Quarterly||None||
|Health Savings Account||$50||Paid Monthly if account balance stays above $1,000||$20 opening fee, $10 account closing fee||
|Money Market Savings||$1,000||Yes, paid monthly if minimum balance of $1,000 maintained||None||
|Premium Investment Account||$25,000/$25,000||Yes, paid monthly if minimum balance of $25,000 maintained||None||
|Certificate of Deposit||$1,000||Yes||None||
|Christmas Club||None||Paid annually if withdrawn after Oct. 31||None||