Business Deposit Accounts

You keep your business functioning efficiently; we’ll do the same for its money. Ohio State Bank not only gives you fast and easy access to your funds, we also give you the tools and insights to ensure those funds work as hard as you do.

Checking

Ready access to cash is the lifeblood of any business. So we make it simple—and free—to use, protect, and grow the earnings from your business.

All Ohio State Bank Business Checking Accounts include:

• Tiered interest-rate structure for interest-earning checking accounts
• $500 minimum balance required to open
• No monthly maintenance fee
• Unlimited check writing
• Free cashier’s checks 
• Free eStatements and free paper statements
• Free online banking and bill payment
• Free mobile banking*
• Ohio State Bank Visa debit/ATM card
• Nationwide network of surcharge-free ATMs at MoneyPass ATM locations

* Carrier, message and data rates may apply.

Money Market

If you want to plan for future possibilities, a Business Money Market Account acts like a savings account—with interest. We offer competitive rates, tiered according to the amount in your account, so you can earn without tying up funds for an extended period.

All Ohio State Bank Business Money Market Accounts include:

• Tiered interest-rate structure
• $500 minimum balance required to open 
• No monthly maintenance fee
• Free cashier’s checks
• Free eStatements and free paper statements
• Free online banking and bill payment 
• Free mobile banking
• Unlimited withdrawals when made in person. Banking regulations limit pre-authorized withdrawals to six per month.

Savings

When you have funds set aside in a savings account, you’re ready for all kinds of possibilities.

Every Ohio State Bank Business Savings Account includes:

• Tiered interest-rate structure
• $500 minimum balance required to open
• No monthly maintenance fee
• Free cashier's checks
• Free eStatements and free paper statements
• Free online banking and bill payment 
• Free mobile banking
• Unlimited withdrawals when made in person. Banking regulations limit pre-authorized withdrawals to six per month.

Certificates of Deposit

To maximize savings with higher interest than a traditional savings account, we recommend business clients invest in FDIC-insured Certificates of Deposit with a minimum of $500 and receive a guaranteed rate of return. We can walk you through current interest rates and help you decide the amounts and terms that meet your financial goals.

Certificate of Deposit Account Registry Service ("CDARS")

Not only does putting money into CDs make sound financial sense, investing in CDs through Ohio State Bank makes saving simpler.

Most banks can only insure deposits up to $250,000—meaning if you want to deposit more than that, you have to go to multiple banks and manage multiple accounts. At Ohio State Bank we are a member of a network of banks, the CDARS Network, you can deposit as much as you like with us. Your money is divided into amounts under $250,000 and distributed to other FDIC-insured institutions in the network. These funds are then put into CDs and fully insured by our partners, while still managed through Ohio State Bank.

Get peace of mind for large cash balances with CDARS.  Contact us to learn more.

View Interest Rates

To learn more about Ohio State Bank business deposit accounts, stop by or give us a call.