Savings Accounts

A future you can count on. Savings products that will help you prepare for life’s big events and create the secure future you deserve. Let a BOM Customer Service Representative help you choose the savings product that will help you prepare for life’s big events and create the secure future you deserve.

Regular Savings Account

• Interest bearing account non-compounded quarterly
• Available to individuals, businesses, corporations and organizations
• A minimum of $100.00 required to open account
• $100 minimum daily balance to receive Annual Percentage Yield (APY)
• $2.00 service charge on withdrawals (excluding Internal Transfers) in excess of 3 withdrawals per statement cycle
• Statements are mailed on a quarterly basis unless otherwise required by regulations

Christmas Club Savings Account

• Interest bearing savings account
• A minimum of $10.00 required to open account
• Check mailed annually
• No withdrawals are allowed unless account is closed
• No service charge on this account

Individual Retirement Savings Account

• Available to individuals only
• A minimum of $200.00 required to open account