Accounts Fee Summary

Personal Checking Accounts

Features + Fee Summary Information

At The Ottoville Bank Company, we want to help you understand the basics of your accounts. Please read all fee information and details concerning your account.

Thrift Account
Minimum Deposit to Open $0.00
Monthly Maintenance Fees $0.75
Check Writing Yes $0.20 per check charge
Interest Bearing Account No Consider our Now or Super Now Account for interest benefits.
ATM Fees $0.00 ATM fees apply at partnership networks only.
$0.50 Per transaction at non-partnership network ATMs.
MASTERMONEY® Debit Card Yes – no fee Call 1-800-528-2273 to report lost/stolen
Bill Pay Yes – no fee
Online Banking Yes – no fee E-Statements available with online banking enrollment.
Direct Deposit Yes – no fee
Mobile Banking Yes – no fee
Mobile Deposit Capture Yes – no fee
Regular Account
Minimum Deposit to Open $0.00
Monthly Maintenance Fees Yes No monthly fee unless balance falls below $900.00
Average Monthly Balance
$0 – $200.00
$201.00 – $500.00
$501.00 – $700.00
$701.00 – $900.00
Over $900.00
Charge
$5.00
$4.00
$3.00
$2.00
No charge
Check Writing $0.00 Unlimited
Interest Bearing Account No Consider our Now or Super Now Account for interest benefits.
ATM Fees $0.00 ATM fees apply at partnership networks only.
$0.50 Per transaction at non-partnership network ATMs.
MASTERMONEY® Debit Card Yes – no fee Call 1-800-528-2273 to report lost/stolen
Bill Pay Yes – no fee
Online Banking Yes – no fee E-Statements available with online banking enrollment.
Direct Deposit Yes – no fee
Mobile Banking Yes – no fee
Mobile Deposit Capture Yes – no fee
Student Account
Minimum Deposit to Open $0.00
Monthly Maintenance Fees No No monthly maintenance fees while attending school.
Interest Bearing Account No Consider our Now or Super Now Account for interest benefits.
ATM Fees $0.00 ATM fees apply at partnership networks only.
$0.50 Per transaction at non-partnership network ATMs.
MASTERMONEY® Debit Card Yes – no fee Call 1-800-528-2273 to report lost/stolen
Bill Pay Yes – no fee
Online Banking Yes – no fee E-Statements available with online banking enrollment.
Direct Deposit Yes – no fee
Mobile Banking Yes – no fee
Mobile Deposit Capture Yes – no fee
Silver Account
Minimum Deposit to Open $0.00
Monthly Maintenance Fees No No monthly maintenance fees. Eligibility limit is 65 years of age or older.
Interest Bearing Account No Consider our Now or Super Now Account for interest benefits.
ATM Fees $0.00 ATM fees apply at partnership networks only.
$0.50 Per transaction at non-partnership network ATMs.
MASTERMONEY® Debit Card Yes – no fee Call 1-800-528-2273 to report lost/stolen
Bill Pay Yes – no fee
Online Banking Yes – no fee E-Statements available with online banking enrollment.
Direct Deposit Yes – no fee
Mobile Banking Yes – no fee
Mobile Deposit Capture Yes – no fee
NOW Account
Minimum Deposit to Open $1,500.00
Monthly Maintenance Fees $6.00 No monthly fee unless minimum daily balance falls below $1,500 or the minimum average daily balance falls below $3,000.
Check Writing Unlimited
Interest Bearing Account Yes Fees may reduce your earnings.
Interest rate may change daily after the account is opened.
ATM Fees $0.00 ATM fees apply at partnership networks only.
$0.50 Per transaction at non-partnership network ATMs.
MASTERMONEY® Debit Card Yes – no fee Call 1-800-528-2273 to report lost/stolen
Bill Pay Yes – no fee
Online Banking Yes – no fee E-Statements available with online banking enrollment.
Direct Deposit Yes – no fee
Mobile Banking Yes – no fee
Mobile Deposit Capture Yes – no fee
SUPER NOW Account
Minimum Deposit to Open $3,000.00
Monthly Maintenance Fees $6.00 No monthly fee unless minimum daily balance falls below $3,000
Check Writing Unlimited
Interest Bearing Account Yes Fees may reduce your earnings.
Interest rate may change daily after the account is opened.
ATM Fees $0.00 ATM fees apply at partnership networks only.
$0.50 Per transaction at non-partnership network ATMs.
MASTERMONEY® Debit Card Yes – no fee Call 1-800-528-2273 to report lost/stolen
Bill Pay Yes – no fee
Online Banking Yes – no fee E-Statements available with online banking enrollment.
Direct Deposit Yes – no fee
Mobile Banking Yes – no fee
Mobile Deposit Capture Yes – no fee

Personal Savings Accounts

Features + Fee Summary Information

Regular Savings Account

The Passbook
Minimum Deposit to Open $10.00 You must maintain a minimum balance of $50.00 in the account each day to obtain the disclosed annual percentage yield.
Monthly Maintenance Fees No
Transaction Charge No
Interest Bearing Account Yes Your money will earn interest at a variable rate, which will be paid semi-annually.
Interest rate may change daily after the account is opened.
Online Banking Yes – no fee
Direct Deposit Yes – no fee
Mobile Banking Yes – no fee
Mobile Deposit Capture Yes – no fee
The Christmas Club
Minimum Deposit to Open $1.00
Monthly Maintenance Fees No Checks will be distributed in October.
Transaction Charge No
Interest Bearing Account Yes Your money will earn interest at a variable rate, which will be paid semi-annually.
Interest rate may change daily after the account is opened.
Online Banking Yes – no fee
Direct Deposit Yes – no fee
Mobile Banking Yes – no fee
Mobile Deposit Capture Yes – no fee
Money Market Plus Account
Minimum Deposit to Open $2,500.00
Monthly Maintenance Fees $5.00 No monthly fee unless balance falls below $2,500
Pre-Authorized Transfers 6 transfers per statement cycle If you exceed this limit, there will be a service charge of $1.00 per transfer over 6.

Visit the bank in person for cash withdrawals or transfers from this account to another account which can be done as many times as you want with no service charge.

Interest Bearing Account Yes Fees may reduce your earnings.
Interest rate may change daily after the account is opened.
ATM Fees $0.00 ATM fees apply at partnership networks only.
$0.50 Per transaction at non-partnership network ATMs.
Online Banking Yes – no fee
Direct Deposit Yes – no fee
Mobile Banking Yes – no fee
Mobile Deposit Capture Yes – no fee

Investments

IRA Accounts
Traditional IRA
The Traditional IRA allows you to contribute up to $5,500.00/year if you have earned income up to $6,500.00/year, if over the age of 50.
Deposits you make may be deductible on your taxes. All earnings on your IRA are tax deferred until you make withdrawals from the account.
This IRA account allows you to rollover a pension plan after retirement or change of job.
Roth IRA
The Roth IRA is a nondeductible, tax free withdrawal account (required five-year holding period before making withdrawals).
All earnings on this account are tax free.
You can contribute up to $5,500.00/year into this account or $6,500.00/year, if over the age of 50.
Simplified Employee Pension Plan (SEP)
The SEP account is for corporation, partnership, or sole proprietorship.
A SEP Plan benefits both the employer sponsoring the plan and the employees who share in the plan’s contributions.
The SEP is tax deductible for the employer.

Business Accounts

Features + Fee Summary Information

Business Checking Account
Minimum Deposit to Open $0.00
Monthly Maintenance Fees Yes No monthly fee unless balance falls below $900.00
Average Monthly Balance
$0 – $200.00
$201.00 – $500.00
$501.00 – $700.00
$701.00 – $900.00
Over $900.00
Charge
$5.00
$4.00
$3.00
$2.00
No charge
Check Writing Unlimited
Interest Bearing Account No
ATM Fees $0.00 ATM fees apply at partnership networks only.
$0.50 Per transaction at non-partnership network ATMs.
MASTERMONEY® Debit Card Yes – no fee Call 1-800-528-2273 to report lost/stolen
Bill Pay Yes – no fee
Online Banking Yes – no fee E-Statements available with online banking enrollment.
Direct Deposit Yes – no fee
Mobile Banking Yes – no fee
Mobile Deposit Capture Yes – no fee
Business Passbook Savings Account
Minimum Deposit to Open $10.00 You must maintain a minimum balance of $50.00 in the account each day to obtain the disclosed annual percentage yield.
Monthly Maintenance Fees No
Transaction Charge No
Interest Bearing Account Yes Your money will earn interest at a variable rate, which will be paid semi-annually.
Interest rate may change daily after the account is opened.
Online Banking Yes – no fee E-Statements available with online banking enrollment.
Direct Deposit Yes – no fee
Mobile Banking Yes – no fee
Mobile Deposit Capture Yes – no fee
Business Money Market Plus Account
Minimum Deposit to Open $2,500.00
Monthly Maintenance Fees $5.00 No monthly fee unless balance falls below $2,500
Pre-Authorized Transfers 6 transfers per statement cycle If you exceed this limit, there will be a service charge of $1.00 per transfer over 6.

Visit the bank in person for cash withdrawals or transfers from this account to another account which can be done as many times as you want with no service charge.

Interest Bearing Account Yes Fees may reduce your earnings.
Interest rate may change daily after the account is opened.
ATM Fees $0.00 ATM fees apply at partnership networks only.
$0.50 Per transaction at non-partnership network ATMs.
Online Banking Yes – no fee
Direct Deposit Yes – no fee
Mobile Banking Yes – no fee
Mobile Deposit Capture Yes – no fee
Other Fees
Check Printing Fee depends on style and quantity of checks ordered
Money Orders $2.00
Cashier’s Check $2.00
Deposited Checks (+ other items) Returned Unpaid $5.00
Overdraft (each debit or check unpaid) $25.00
Nonsufficient funds (NSF) ACH (preauthorized withdrawal) $25.00
Account Research $10.00 per hour
Stop Payments (all items) $10.00
Photocopies $0.25
Wire Transfers Incoming $20.00
Wire Transfers Outgoing $20.00
Foreign Wire Transfers $40.00
Safe Deposit Box Call for box sizes and availability
Indemnity Bond $25.00

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