First 150 monthly items are free

After first 150 items, client will be assessed a $.25 per item fee

 The optimal account for businesses with moderate to high checking activity or that require treasury services.  Available for all types of businesses and organizations.  Provides the added advantage of an earnings credit to reduce or eliminate service charges.

$100.00 to open

Earnings credit of $.05 per $100.00 on average daily collected balance

$.15 charged for each paid check or debit item

$.08 charged per transit item processed

$5.00 monthly maintenance fee

Exclusively designed for sole proprietorships looking to invest temporary excess funds to generate income.

$100 to open

Earns interest at variable tiered rates

$5.00 service fee if the balance falls below $500.00 any day of the month

Old Fort Bank's best account for public funds, corporations and organizations needing to maximize availability of funds and earnings

Earns adjusted market interest rates

No monthly charge

Earns adjusted market interest rates

Proper credit approval necessary

Loan to value of property is 80% or less

Up to a 20 year amortization with monthly principal and interest (P&I) payments

Seasonal payments available*

Up to 90% financing of invoice on new equipment

Up to 80% financing of invoice on used equipment

Up to a 10 year amortization with monthly P&I payments

Seasonal payments available*

Interest rates are adjustable*

Seasonal payments available*

Interest rates are adjustable*

On Demand with monthly interest payments

Acceptable collateral determined by Old Fort Bank

Domestic availability

Fee of 1.00% of the letter amount or minimum of $350.00

Acceptable collateral determined by Old Fort Bank

Owner's guarantee or co-signer

Acceptable credit history

3 years of financial information

Old Fort Bank's underwriting standards must be met

Note: Interest rate reduction available through the Ohio Small Business Link Program and the Ag Link Program

Direct Deposit Payroll - Provides an efficient way to deposit your employee's pay into their checking or savings account at the financial institution of their choice.  Eliminates paper checks so you can reduce cost, improve accounting records and simplify reconciliation

ACH Debit & Credit Originations - Enables you to initiate electronic drafts from your customer's accounts for payments due and also allows you to send payments to vendors and suppliers

EFTPS Origination - Electronic Federal Tax Payment System (EFTPS).  This system permits you to pay your federal taxes electronically.

NACHA Import Origination -  Uses the National Automated Clearing House Association (NACHA) format to import debit and credit batches from a third party software program

Wire Transfer Request - Allows you to initiate a domestic or international wire request directly to the Old Fort Bank by selecting a business account that will be debited by the Old Fort Bank when the wire request is processed.

Choose from Two Different Packages

Cash Management PLUS - Services include: Direct Deposit Payroll, ACH Debit & Credit Origination, Balance Reporting, and NACHA Import Origination

Cash Management ADVANTAGE - Services include: Direct Deposit Payroll, ACH Debit & Credit Origination, Balance Reporting, and NACHA Import Origination, EFTPS Origination, and Wire Transfer Requests

Equipment needed: A PC with Internet connection and a desktop scanner

How it works: Converts both business and personal checks into an electronic image by scanning them - Create your virtual deposit ticket by verifying the dollar amounts of each check scanned, eliminating paper deposit slips - Once your deposit is created, you securely transmit it to the Old Fort Bank - The deposit is then credited to your designated business account

Features: Duplicate detention tools to help ensure the same check is not deposited twice - Images of each check will be stored for seven years and can be viewed via a secure internet gateway at anytime, 24 hours a day, seven days a week - A payment file can be created that can be imported into many accounts receivable packages saving more time and money

Benefits:  Improve Funds Availability (funds are available sooner than with paper checks) - Reduce Fraud Risk (Notification of returned NSF and stop payment checks can be retrieved in half the time as paper check) - Reduce Cost ( Eliminates trips to the bank, purchase of deposit tickets and reduces transaction fee on deposit accounts) - Increase Efficiency (Deposit preparation time is reduced as well as time out of the office)

Health Savings Account                                                                                                          A Health Savings Account (HSA) is a tax-free way for your employees covered by a High-Deductible Health Plan (HDHP), to put funds aside for anticipated healthcare expenses. HSA's can help you share the cost of healthcare with your employees.

Features: Competitive tiered interest rates - No set-up fee -  No transaction fees - Minimal annual fees - Free checks - Free HSA debit card - Free online banking

Benefits: Year to Year Savings (Funds roll over from year to year, allowing employee to build up funds to cover qualified medical expenses) Ownership/Control (The employee owns and self-administers their HSA, so there is little administration for the employer) - Tax advantage (If used for qualified medical expenses, HSA funds are never taxed)

 Health Savings Account - Click here to learn more                                                            

Business Rewards Visa™                                             

Earn a point for every dollar you spend

Redeem points for merchandise or travel rewards

Make purchases anywhere Visa™ is accepted

Detailed monthly statement allows you to track expenses

No annual fee

No balance transfer fee

Online account access

Additional cards available at no charge

End of Year Statement

Ability to pay your monthly bill at your local Old Fort Bank Financial Center

Business Visa™ Gold

Low Annual Percentage Rate (APR) for purchases and cash advances

Make purchases anywhere Visa™ is accepted

Detailed monthly statement allows you to track expenses

No annual fee

No balance transfer fee

Online account access

Additional cards available at no charge

Ability to pay your monthly bill at your local Old Fort Bank Financial Center