Business Savings

Statement Savings

An FDIC insured savings account with statement convenience quarterly or monthly, if your account is linked in a combined statement with your checking. Unlimited deposit/withdrawal access by teller or ATM. Account is free of charge when an average daily balance of $200 is maintained and only a $3 service charge (assessed monthly) if average daily balance falls below $200.  The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period.

Choice Money Market Savings

A true market yielding savings account paying a very attractive rate of interest on balances of only $2,500 or more

Compare The Value!

  • Unlimited number of withdrawals allowed if in person or by mail (minimum withdrawal/transfer amount of $250)
  • Interest is calculated on the daily collected balance and added to your account balance monthly at statement time
  • FDIC Insured
  • Free Internet Banking available for funds transfer to other OCSB accounts (maximum of 6 pre-authorized or electronic transfers per month)
  • A $10 service charge will be applied if the balance falls below $2,500 any day during the statement cycle (monthly).

Combined Statement Convenience

All of your deposit and loan accounts (with the same names in the same order) may be combined on one statement for easy access to balance, interest (earned & paid), and transaction history etc. Please call customer service (812-829-4811 or toll-free 888-275-6272) to request that your accounts be combined for statement convenience. 

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.