Business Checking

Choice For Business Checking

The Choice for Business is more than a checking account. We combine useful features with benefits that can help you begin a new venture, or more effectively manage your current business.  For a summary of our business services and products, please click here to download our Choice for Business Product Guide(Adobe Reader is required to open this guide.  A free copy may be obtained by clicking the Adobe logo at the bottom of this page.)

Combined Image Statement convenience for your related checking, savings, & loan information on one easy to read monthly statement

Two ways to bank 24 hours a day, 7 days a week:

Corporate Cash Management (CCM) To see a complete listing of CCM Services and associated fees, please click the CCM link or download our Choice for Business Product Guide.

BankLine Telephone Banking at 800-684-3168

Maximize excess $ to a higher interest earning Choice Money Market Savings Account with a high yield market rate on balances over $2,500.

Ready Reserve Line of Credit and overdraft protection on your business checking account up to $5000, when qualified.

Business operating lines of credit secured and unsecured with a qualified application.

Free zippered, non-locking night drop deposit bags.
(numbered, locking night drop bags for a small annual fee)

Free coin counting/wrapping.

We have safe deposit boxes in a variety of sizes for safekeeping of your business documents, titles, insurance etc.

Business Checking

An account designed for business customers with relatively low transaction volume.

  • No minimum balance requirement
  • No maintenance fee
  • 150 transaction items (debit or credit) allowance - Processed Free of Charge
         (There is a charge per item in excess of the 150 free items allowed per monthly statement period)

Business Analysis Checking 

Your balance works for you as an earnings credit to offset charges on the account.

If the earnings credit on your balance (based on the average account balance) is larger than the monthly activity charge, the account will be free for the statement period.

If your total cost is higher than your earnings credit, the difference is your service charge for the statement period.

An example Analysis is as follows:

Earnings Credit Allowance:
The average available daily balance for the month is multiplied by the earnings credit (an adjustable rate) and divided by 12 to determine the earnings credit for the monthly statement period.

8¢ per item processed (includes any debit or credit item)

Money Management Checking

Designed for accounts that maintain a higher balance

  • No minimum withdrawal amount
  • Unlimited check writing
  • Interest paid on the daily balance
    - Higher yields for higher balances
  • No monthly service charge when a average monthly balance of $1500 is maintained
    - Service charge is $10 per month plus .20¢ per check when the monthly average balance falls below $1500

Notice to Commercial Account Customers

In accordance with the requirements of the Unlawful Internet Gambling Enforcement Act of 2006 and Regulation GG, this notification is to inform you that restricted transactions are prohibited from being processed through your account or relationship with our institution. Restricted transactions are transactions in which a person or business accepts credit, funds, instruments or other proceeds from another person in connection with unlawful Internet gambling.




©2015 Owen County State Bank. Member FDIC. Equal Housing Lender - NMLS 518354.