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Biz-E-Deposit


OBA Bank Business Checking Accounts

OBA offers a variety of checking account that’s right for any size business. We also offer Free Internet Banking, Free Telephone Banking, a Free MasterCard™ Check Card and Free ATM use on the STARSM Network.

BUSINESS POWER PACKAGE

OBA's Business Power Package is a great way to Power-Up your interest and enjoy a list of benefits that seem too good to be true...but they are!

  • Biz-E-Deposit, deposit checks without leaving your office
  • Merchant Credit Card Services
  • Free Online Banking and Bill Pay
  • Send Wires and originate ACHs from your computer
  • Free CD of Paid Checks - Monthly
  • $100 Credit toward First Check Order
  • Switch Kit

    The Business Power Package creates a relationship between our high interest bearing Business Power Package Money Market account and our Business Power Package Checking account.*

    A minimum deposit of $100 is required to open the Business Power Package checking account. Transaction charges apply.** Maintenance fees and other account charges may be offset in whole or part by earnings (account analysis) credit.

    The Business Power Package Money Market account requires a minimum deposit of $50,000 to open and a minimum daily ledger balance of $50,000 to avoid the monthly service charge**. A minimum balance of $50,000 is required to earn the current APY with higher rate tiers of $100,000, $250,000, $500,000, and $1,000,000 available.

    *A manual transfer from the Business Power Package Money Market to the Business Power Package Checking account is required to cover checks.
    **Ask a representative for current maintenance fee and charge per transaction details.

  • Premium Business Checking (Analysis Checking)

    A checking account designed for businesses that maintain a high balance and have a large monthly transaction volume.

    • $100 minimum opening balance
    • Monthly maintenance fee*
    • Free Online Banking (reporting and account transfers only)
    • Transaction charges apply*
    • Earnings credit applied monthly

      * Contact us for current maintenance fee and charge per transaction details. Maintenance fees and other account charges may be offset in whole or part by earnings (account analysis) credit. Multiple Premium Business accounts may be grouped.

    Business Checking

    An ideal account for businesses requiring higher transaction limits.

    • $100 minimum opening balance
    • Monthly service charge waived if daily ledger balance of $3,000 is maintained.
    • Free each month: 30 deposits/credits, 150 items deposited, 100 checks paid/debits*
    • Free Online Banking (reporting and account transfers only)
    • No Earnings Credit Allowance

      * Contact us for excess item fee details and other transaction fees that may apply.

    Small Business Checking

    This account is specifically designed for businesses that maintain lower checking account balances and do a minimal number of monthly transactions.

    • $100 Minimum Opening Balance
    • No monthly maintenance fee
    • Free each month: 20 deposits/credits, 60 items deposited, 50 checks paid/debits*
    • Free Online Banking (reporting and account transfers only)
    • No Earnings Credit Allowance

      * Contact us for excess item fee details and other transaction fees that may apply.

    Business Interest Checking

    This interest earning “high-yield” checking account is perfect for sole proprietors and non-profit organizations. A deposit of $100 is required to open the account; if you maintain average collected balances above $1,000, we waive the monthly service charge.

    IOLTA and MAHT Checking

    The Lawyer Trust Accounts offered in MD, VA, & DC (IOLTA ) and the Maryland Affordable Housing Trust Accounts (MAHT) require a $100 minimum opening balance and $5 must be maintained in the account to earn the disclosed APY. No monthly service charge.


    See our Current Rates and Online Disclosures for Full Terms and Conditions.