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No-Penalty 7 Month CD

Lock up a great rate without locking up your money. Take advantage of a one-time penalty-free withdrawal of the entire account balance. It's all of the security of a traditional CD without the limitations. Learn about how to effectively grow your savings with a no-penalty CD here.

  • Earn an incredible 4.44% APY*

  • One time penalty-free withdrawal

  • No setup or maintenance fees

  • $1,000 minimum deposit

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Penalty-Free CDs
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Grow Your Savings Safely Over Time

Get the security and yield of a traditional CD with the convenience of liquidity.

Typically, CD’s lock away cash at a competitive, fixed rate. With OMB’s no-penalty CD, you have the added flexibility of a one-time early withdrawal without a fee. If rates go up, you can cash out. So don’t be afraid to lock in your money at a great rate — grow your earnings faster and enjoy more liquidity with our no-penalty CD.

Watch Your Savings Grow at OMB

Pro-tip: Keep your money liquid with a no-penalty CD.

Everyone Likes to Feel Special

Our CD specials are designed to help you take advantage of the best rates available - but hurry, they're only for a limited time!

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Bump Up CD

Boost your APY when rates go up with a Bump Up CD.
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No-Penalty CD

Grow your earnings risk-free & maintain access to your funds.
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High-Yield Special

Earn our highest rate without locking up your funds up for long.

Plan for Anything

Our 40+ free financial calculators can help you finesse your budget, compare borrowing costs, forecast earnings and so much more.

No-Penalty CDs Explained: How They Work

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Fee-free early withdrawal opportunity

OMB's no-penalty CD is a lot like our traditional CDs with one major exception - you can make a one-time withdrawal of the entire balance without incurring the typical early withdrawal fee.

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Stay connected.

Want us to contact you about opening one of our CD specials?

Simply select the location you find most convenient and submit this brief form. If you don't know, or live outside Southwest Missouri, that's OK, too! Someone will reach out to you quickly - it's that easy!

Harness the Power of Mobile Banking

OMB's industry-leading mobile banking app puts you in control of your finances in powerful new ways. Check balances, transfer funds, pay bills, deposit checks, even chat live with our friendly staff directly in the app. With enhanced digital banking features and online security, you'll wonder how you ever lived without it. Download it now!

Your 24/7 Personal Digital Branch

Payments are fast, safe and easy thanks to Zelle®. Pay your family and friends or request money regardless of where they bank.

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