Checking Products

From the worry-free simplicity of No Fee Checking to the added benefits of Right Direction Checking, Ossian State Bank has the perfect checking account to meet the needs of every individual.

All checking accounts feature:

  • VISA Debit Card with unlimited transactions
  • Free Online and Mobile Banking
  • Free Bill Pay
  • Discretionary Overdraft Privilege

All Checking and Savings Accounts are subject to $25 fee if closed within the first 90 days, with the exception of No Fee Checking.

Personal Checking Products:

No Fee Checking

Features:

  • No Minimum Balance
  • No Monthly Maintenance Fee
  • E-statements required
Requirements  
Initial Deposit $25.00
Minimum Balance $0.00
Maintenance Fee (per month) $0.00
Dormant Account (per month) (After 12 months of inactivity) $1.00
Discretionary Overdraft Privilege $200.00, $400.00, or $800.00
Regular Checking

Features:

  • Minimum Balance of $200 to avoid monthly maintenance fee of $8.00
  • Printed statements, including images of checks
  • Unlimited check writing
Requirements  
Initial Deposit $100.00
Minimum Balance $200.00
Maintenance Fee (per month) (If balance falls below $200.00) $8.00
Early Close (If before 90 days) $25.00
Dormant Account (per month) (After 12 months of inactivity) $1.00
Discretionary Overdraft Privilege $200.00, $400.00, or $800.00
The Right Direction Checking

Description:

For more information, download the Right Direction Brochure.

Features:

  • No Minimum Balance
  • Mortgage discount with auto transfer payment
  • Monthly Maintenance Fee of $4.99 includes:
  • Personalized Checks
  • Free 3 x 5 Safe Deposit Box
  • Select lending discounts (ask for details)
  • CD Rate Bonus
  • Free telephone transfers
  • $5 discount on stop payment order
  • Free photocopying and faxing
  • Up to 6 money orders or cashier’s checks per month at no charge
  • Free savings account for one year
  • Discount on Visa Gift Cards
Requirements  
Initial Deposit $25.00
Minimum Balance $0.00
Monthly Maintenance Fee $4.99
Early Close (If before 90 days). $25.00
Dormant Account (per month) (After 12 months of inactivity) $1.00
Discretionary Overdraft Privilege $200.00, $400.00, or $800.00
NOW Checking

Features:

  • Minimum Balance of $1,000 to avoid $12 per month Maintenance Fee
  • Unlimited Check Writing
  • Simple Interest, Posted Monthly
  • Variable Rate, Subject to Change Daily
Requirements  
Initial Deposit $1,000.00
Minimum Balance $1,000.00
Maintenance Fee (per month) (If balance falls below $1,000.00) $12.00
Early Close (If before 90 days) $25.00
Dormant Account (per month) (After 12 months of inactivity) $1.00
Discretionary Overdraft Privilege $200.00, $400.00, or $800.00