Online Account Opening Guide

Most of our personal accounts are available online including checking accounts, savings accounts, money markets and CDs. Products that can be opened online contain an Open Account link on their product card. These products include:

• High Interest Checking
• Rewards Checking
• High Interest Savings
• Money Market
• Most of our CDs including specials

Like most deposit products, rates are subject to change depending on a variety of factors. You can see all of our current deposit rates here. If you're looking for CD special rates, you can find our any active CD specials listed on our dedicated CD landing page. These change more frequently as our CD specials are often available for a limited time only.

To fund your new OMB Bank account during the online account opening process, please note the following:

• Funds must be available in a single external account before the funding process can be completed.
• You will be prompted to link an external financial institution to transfer funds into your new OMB Bank account.
• While incoming wire fees may be waived at OMB Bank’s discretion, OMB Bank does not control, reimburse or provide credit for any wire or transfer fees charged by your external financial institution.

Online account funding for OMB Bank is supported through a limited but consistently growing list of financial institutions.

• OMB Bank uses Mastercard Open Finance to securely connect to external banks for funding.
• Before beginning your application, we strongly encourage you to review Mastercard’s list of supported financial institutions.
• If your external bank is not listed, you will not be able to complete the online account opening process at this time.

Please click here to view the list of supported institutions and funding methods. You will be directed to Mastercard's Open Finance website and may search for your financial institution.

The funding limits for the account type being opened online will be displayed during the account opening process. These limits can vary between account types.

You will provide the necessary information and identification through the online account opening process.

Banks evaluate rates on a continual basis. There are many factors that determine what rates banks are willing and able to offer. Rates are subject to change. Please refer to your Truth in Savings disclosure and your new account paperwork for additional information. 

Please note, CD rates are guaranteed for the length of their term.

For checking, savings and money market accounts, your current rate is listed on your periodic statement and can also be viewed anytime through OMB Bank’s online or mobile banking platforms.

For CDs, your rate is fixed at the time of account opening and remains the same for the full term. This rate was provided in your original account documentation. It can also be viewed through OMB Bank’s online or mobile banking platforms. If you need help locating it, please contact our customer service team.

At OMB Bank:

• CDs pay interest quarterly and at maturity
  • CD interest will typically be added back to the CD and compounded
• Checking accounts, if interest-bearing, pay interest monthly
• Savings accounts pay interest quarterly

We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.

You can add a beneficiary after your online account has been opened - this is common at many financial institutions. To do so, please contact OMB Bank customer service at (888) 662-2443 during business hours.     

Typically, your CD will roll into a new term automatically at maturity unless you choose to close it. To close your CD, please contact OMB Bank customer service at toll-free (888) 662-2443 to receive and complete a withdrawal form. Your funds will then be paid out in the form of a one-time ACH. 

We allow applicants from the 50 United States to apply for an online account. Applicants from outside of the U.S. are not eligible.

OMB Bank partners with the MoneyPass® ATM Network, so you can access your funds fee-free at 40,000 ATMs nationwide. Find your closest ATM or OMB Bank branch here.

At this time, we do not offer the ability to open an account titled in a trust using our online account opening process.

At this time, we do not offer the ability to open an IRA account using our online account opening process.

• External transfers through online or mobile banking
• Mobile deposits
• Mail-in deposits:
  • 3570 S National Ave, Springfield, MO 65807
• Wire transfers

Yes, the online account process allows a joint account to be opened. All applicants must have the following:

• Mobile device or computer with attached camera for taking a photo of yourself
• Social Security Number
• Valid driver's license 

A list of fees can be reviewed on our consumer fee schedule here.

You will have the opportunity to print your disclosures to a linked printer or save as a PDF. Disclosures that do not include personal information can also be emailed to you.