Savings
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 Balance | Interest Earned | Service Charge | Features |
| Savings Account | None | Paid Quarterly | None |
|
| Health Savings Account | None | Paid Monthly | $20 opening fee |
|
| Money Market | $1,000 | Paid Monthly | None |
|
| Premium Investment Account | $25,000 | Paid Monthly | 5 Free Withdrawals per statement cycle; $15 fee per withdrawal in excess of 5 |
|
| Certificate of Deposit | $1,000 | Yes | None |
|
| Christmas Club | None | Paid annually | None |
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