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.

 

Start saving for your child's future today with our College Saver CD! Learn More...

It's Finally Safe to Put All Your Eggs in One Basket! Learn More...

 

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.