Business Banking
Bank of Oak Ridge
focuses on small to medium sized businesses. The combination of our business
banking products and innovative mobile and online banking services will allow you to manage
your business’ finances easily and efficiently, leaving you more time to focus on your customers.
Checking
Minimum opening deposit – $100.00
Monthly Maintenance Fees:
$5.00 if balance is below $100.00
Paper statement fee – $5/month
Online statement fee – Free
Interest-Bearing – No
Minimum balance for interest – N/A
Online banking and bill pay – Free
Minimum opening deposit – $1,500.00
Monthly Maintenance Fees:
$10.00 if balance is below $1,500.00
Paper statement fee – $5/month
Online statement fee – Free
Interest-Bearing – Yes
Minimum balance for interest – $0
Online banking and bill pay – Free
Savings
Minimum opening deposit – $100.00
Monthly Maintenance Fees:
$5.00 if balance is below $100.00
Paper statement fee – $5/month
Online statement fee – Free
Interest-Bearing – Yes
Minimum balance for interest – N/A
Online banking and bill pay – Free
Excess transaction fee – $5 per withdrawal
CDs
6 month – $500.00 opening deposit
1 year – $500.00 opening deposit
18 month – $500.00 opening deposit
24 month – $500.00 opening deposit
48 month – $500.00 opening deposit
60 month – $500.00 opening deposit
Terms available 1-60 months | Check with bank for current interest rates
Compounding schedule – Monthly and Quarterly
Early withdrawal penalty – Yes
Money Markets
Minimum opening deposit – $2,500.00
Monthly Service Fee
$10.00 if below $2,500.00
Statement options – Paper or eStatement
Variable interest rate – Yes
Tiered interest rates – Yes
Quarterly compounding – Yes
Transaction limit – 6 withdrawals per month
IRA Account
$1,000.00 opening deposit
Interest rate is variable
Loans
Business Loans
Business Lines of Credit
Other Services
Online Banking
Mobile Banking
Debit Card
Safe Deposit Boxes
Money Orders
Credit Cards
Cashier’s Checks
Wire Transfers
Reorder Checks
Notary
Treasury Management
Mobile
Location
Reorder
Lost or