Personal Banking Services

At Old Dominion, we’re interested in seeing our community members make smart financial decisions. We’re committed to helping you reach your personal financial goals and are here for you to answer your questions. Contact us to talk about your personal banking needs.

 

 

Products

  • Champion Checking

    Account Features:

    • Above market checking account rate
    • 5 waived non-ODNB ATM surcharges per monthly statement cycle/$2 fee each thereafter
    • Convenient 24/7 account access via free online and mobile banking
    • Mobile Deposit
    • Person to Person payment solutions, including Apple Pay, Google Pay and Samsung Pay

    Conditions:

    • $100 minimum opening deposit
    • At least one direct deposit into the account per statement cycle
    • A minimum of 10 non-pin based debit card transactions per statement cycle
    • Promotion is for new money only
  • Premier Checking
    • $100 minimum to open
    • $10 monthly service charge, if minimum daily balance. falls below $500
    • Free –first order printed checks
    • Free online banking with BillPay
    • Free debit card
    • Non-ODNB ATM withdrawals: 5 free per monthly statement cycle;  $2 fee each thereafter
    • Unlimited teller transactions
    • Unlimited check writing
    • Combined statements available
    • Tiered interest -interest accrues daily and is credited quarterly
  • First Choice Checking
    • $100 minimum to open
    • No monthly service charge
    • Free first order printed checks
    • Free online banking with BillPay
    • Free debit card
    • Non-ODNB ATM withdrawals: 5 free per monthly statement cycle;  $2 fee each thereafter
    • Unlimited teller transactions
    • Combined statements available
    • Unlimited check writing
    • Non-interest bearing
  • Gold Checking
    • Age 50 or better
    • $100 minimum to open
    • No monthly service charge
    • Free first order of printed checks
    • Online banking with BillPay
    • Free debit card
    • Free cashier’s checks
    • Free notary service
    • $15 annual credit towards safety deposit box
    • Non-ODNB ATM withdrawals: 5 free per monthly statement cycle;  $2 fee each thereafter
    • Unlimited teller transactions
    • Unlimited check writing
    • Combined statements available
    • Non-interest bearing
  • Prime Money Market

    Features:

    • Competitive interest rate that automatically adjusts with changes in the Wall Street Journal Prime rate
    • Monthly interest compounding
    • Check-writing capability
    • Online banking and mobile banking access
    • Available as an IRA

    Conditions:

    • Minimum Opening deposit of $10,000
    • Limited to six withdrawals per monthly statement cycle
    • Fees may reduce earnings
  • First Choice Money Market
    • $1,000 minimum to open
    • Monthly service charge of $10 if minimum daily balance falls below $1,000
    • Free –printed checks
    • Free debit card
    • 6 withdrawals or transfers. per month with no fee
    • $10 fee for each excess withdrawal or transfer over the allowable 6 per monthly statement cycle
    • Combined statements available
    • Tiered interest -interest accrues daily and is credited quarterly
    • Available as a Roth or Traditional Individual Retirement Account
  • First Choice Savings
    • $100 minimum to open
    • $5 monthly service charge if minimum daily balance falls below $100
    • 6 withdrawals or transfers – per month with no fee
    • $3 fee for each excess withdrawal or transfer over the allowable 6 per monthly statement cycle
    • Unlimited deposits
    • Combined statements available
    • Automatic transfers from other accounts available
    • Can be setup to cover overdrafts on other accounts
    • Interest accrues daily and is credited quarterly
    • Available as a Roth or Traditional Individual Retirement Account
  • Youth Savings
    • $10 minimum to open
    • No monthly service charge for youth – age 18 years and younger
    • 6 withdrawals or transfers –  per month with no fee
    • $3 fee for each excess withdrawal or transfer over the allowable 6 per monthly statement cycle
    • Unlimited deposits
    • Combined statements available
    • Automatic transfers feature available
    • Interest accrues daily and is credited quarterly

     

  • Consumer Services
    • Online banking & bill payment
    • Person to person (P2P) payment technology
    • Mobile capture & mobile banking*
    • Mobile Wallet (SamsungPay, GooglePay, ApplePay)
    • Text Banking
    • Debit/ATM card*
    • Allpoint ATM Network offering surcharge-free access to more than 55,000 ATMs worldwide

    *service offered with certain products and consumers must meet minimum qualifications to obtain.

  • Insured Cash Sweep (ICS)

    Old Dominion has partnered with Promontory to bring you two exciting products that allow you to deposit funds with confidence. With ICS (Insured Cash Sweep) you can earn interest and access multi-million dollar FDIC Insurance coverage. ICS allows you access to your funds daily, allowing you to enjoy liquidity in your transaction account with ODNB. We also offer CDARS, allowing access to FDIC insurance while enjoying the benefits of a high dollar certificate of deposits. Ask your Banker for more information.

    Learn More

  • Certificate of Deposit Registry Service (CDARS)

    CDARS (Certificate of Deposit Registry Service)* allows access to FDIC insurance while enjoying the benefits of high dollar certificate of deposits. CDARS can be a valuable investment tool for depositors seeking the peace of mind that accompanies FDIC Insurance, but the convenience of working with your local community bank.

    * Funds may be submitted for placement only after a depositor enters into a CDARS® Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC

  • Certificate of Deposit
    • CD's range in terms from 3 Months to 60 Months
    • $500 minimum to open
    • Interest accrues daily and is credited quarterly
    • If any portion of the certificate is withdrawn before maturity date, a penalty may be imposed.
    • Interest begins to accrue on the business day a deposit is made. Fees may reduce earnings.
    • Available as a Roth or Traditional Individual Retirement Account
    • Federal and state penalties may apply to amounts withdrawn from IRAs when made prior to age 59 ½. Please consider speaking to a tax professional before making withdrawals from your IRA.