Commercial Savings

Features of Commercial Savings

  • Interest is compounded daily and credited to the account monthly
  • Statements are mailed quarterly
  • ATMs accesible with any Bank of Oak Ridge checking account
  • Monthly service charges can be avoided by maintaining a minimum of $100 in the account and activity fees can be avoided by maintaining a minimum balance of $2,500 in the account.
  • If the above minimum is not met, activity fees of $2 will be charged for each withdrawal in excess of 3 per month
  • Monthly service fee of $5 if the above minimum is not met
  • The account can be opened with $50 or more