New Deposit Insurance Limits
The standard insurance amount of $250,000 per depositor is in effect through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except IRAs and other certain retirement accounts, which will remain at $250,000 per depositor. For more information visit: Deposit Insurance Simplification Fact Sheet
Penalty-Free CD
- 1.75% APY*
- 12 month *$10,000.00 minimum to open and earn this yield.
- Withdraw your money when you need it — No Penalty
- The yield is fixed for the term so you are protected from falling rates.
**See Account Disclosure for details.
Escalator CD
With an Ottawa Savings Bank Escalator CD you're earning a competitive return that goes up every six months...guaranteed!
At the end of each 6 month period you can withdraw your total balance...no penalties, no questions.
Or you can make an additional deposit once, at the end of the first 6 month period up to the amount of your original deposit.
1.90% APY*
· $5,000 minimum to open and earn this yield
· *Annual Percentage Yield (APY) accurate as of .
· Rate subject to change. Penalty for early withdrawl other than at the end of the 6-month periods.





