Personal Savings Accounts

Oak Basic Saving Accounts If you want fast, easy access to your funds while earning a good interest rate on your savings, this is the account for you.

Direct Deposit

To open an account, use our convenient Switch Kit or call 608/441-6000 today! 

 

Enjoy the following value-added benefits with our Oak Personal Savings account:

• Free ATM Card for easy access to your funds.
• Free Direct Deposit.  Pension, Social Security, payroll checks, you name it.
• 24 Hour access to your accounts "Oak Bank iBank" -no membership or enrollment fee, no annual charges.
• Free Cashier's Checks.
• Convenient "Bank by Mail" option available.

If you want fast, easy access to your funds while earning a good interest rate on your savings, this is the account for you. 

• An interest bearing account for individuals with immediate access to funds.
• To avoid the monthly $2.00 service fee, maintain a $200 average daily balance.
• The minimum deposit to open this account is $200.00.
• Interest will be credited and compounded to your account monthly.
• Receive a monthly statement showing all activity.
• The minimum balance and monthly service fee requirements will be waived for individuals under 18 years old.
• The interest rate and annual percentage yield may change weekly at the Bank's discretion with no limitations on the rate changes.
• Interest begins to accrue no later than the business day when the Bank receives credit for the deposit of non-cash items (for example, checks).
• We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
• If you close your account before interest is credited you will not receive the accrued interest.
• Federal regulations limit preauthorized, electronic or telephone withdrawals to six per month.

Use our Financial Calculators to calculate your savings goals.

To open an account, use our convenient Switch Kit or call 608/441-6000 today!