More Than a Place to Park Your Money
OMB's High Interest Online Savings Account is more than just a place to put your money. With a 5.29% APY*, you'll earn more interest in 5 weeks than you would in one year with a big bank's savings account rate.
With convenient online account opening, you can be saving more by the time the commercial break of your favorite TV show is over. Plus enjoy free online and mobile banking that lets you keep tabs on your balance anytime and anywhere!
Online High Interest Savings Account Explained: How It Works
The OMB Online-Only High Interest Savings account has a $5,000 minimum deposit required for opening.
Interest is both compounded and credited quarterly.
Yes, the interest rate on this account is variable and can change.
Annual percentage yield, or APY, is a calculation of the rate of return for your deposit over a one-year period that includes the interest rate plus compounding frequency. At OMB, you earn interest on a High Interest Savings quarterly.
High interest savings accounts do not have check writing abilities. You can typically have checks with a checking or money market account.
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
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