No, this is a variable rate that is subject to change.

Anyone who applies and is approved for an Online Savings Account is eligible for the current rate.

All it takes to open an account is $1, and you are not required to maintain a minimum balance to earn this rate.

No, the rate is applied to the entire balance in your FNBO Direct Online Savings Account.

The interest rate is variable based on the Bank’s discretion. The rate will change based on the current market conditions.

In accordance with Federal Regulation DD, all banks are required to calculate Annual Percentage Yields for two purposes. In general, the annual percentage yield for advertising is an annualized rate that reflects the relationship between the amount of interest that would be earned by the consumer for the term of the account and the amount of principal used to calculate that interest. This allows consumers to make meaningful comparisons among depository institutions. The annual percentage yield for periodic statements is an annualized rate that reflects the relationship between the amount of interest actually earned on the consumer's account during the statement period. This figure is influenced by accrued but uncredited interest and rounding.

An Online Savings Account is a high yield savings account with 24-hour availability. The FNBO Direct Online Savings account is able to offer a high yield due to the lower costs associated with a pure online bank. Basically, we're efficient! No paper. No branches. No mailed applications. All applications must be submitted online. This allows us to offer you a great rate on products and services that help you meet your financial goals faster.

You may access your account after obtaining a user ID and password through the online enrollment process. Simply visit www.fnbodirect.com to log in.

You may access your account after obtaining a user ID and password through the online enrollment process. Simply visit www.fnbodirect.com to log in.

An FNBO Direct account must be opened by a U.S. resident who is at least 18 years of age. However, an FNBO Direct Online Savings Account is a valuable opportunity for saving for your child's education. For more detailed information on the Online Savings Account, please see our Terms and Conditions.

Yes. You may close your account any time after we have received final settlement on all deposits made by you.

The easiest way to fund your FNBO Direct Online Savings Account is to use our "Transfers Widget." Log in to your account, and use the “Transfers Widget” located at the bottom left of either the “Accounts” tab or the “Payments & Transfers” tab. Select "External Transfers", which allows you to transfer money between your FNBO Direct Accounts or any of your linked accounts at other banks. The account that you used to initially fund your FNBO Direct Account(s) will automatically be available for you to transfer funds to and from. You may set up two additional transfer accounts to move money from your external accounts into an FNBO Direct Account(s) and back, if desired. Transferred funds do take up to 3 days to post to your FNBO Direct Online Savings Account(s).

To make withdrawals, log in to your FNBO Direct account, and use the “Transfers Widget” located at the bottom left of either the “Accounts” tab or the “Payments & Transfers” tab. Select "External Transfers", which allows you to transfer money from your FNBO Direct Accounts or any of your linked accounts at other banks.

The first deposit you make to your FNBO Direct account will be subject to a hold. Funds from that deposit will not be available for transfer or withdrawal until after the tenth business day following the day the first deposit is deducted from your funding account. Interest, however, will begin to accrue no later than the business day we receive credit for your deposit (typically, this will be 2- 3 business days after the first deposit is deducted from your funding account).

To complete an outgoing wire transfer, login to your account and click the “Payments & Transfers” tab at the top of the page. Then, click on "Wire Transfer" link in the left-hand navigation. Next, select the appropriate source account number from the drop-down menu. Finally, complete a wire transfer request form and click "Submit".

Interest will begin to accrue no later than the business day we receive credit for your deposit (typically, this will be 2-3 business days after the first deposit is deducted from your funding account).

Interest is calculated daily and is compounded and credited monthly.

After your account is closed if any accrued interest of $5.00 or less remains, it will be forfeited.

No. You are allowed unlimited ACH (online) deposits and unlimited ATM transfers. You are, however, limited to six ACH withdrawals per month in accordance with Federal regulation. Please review the disclosures for such limitations. If you have any questions, Contact Us.

No. FNBO Direct will accept ACH transfers from any U.S. based bank account; however, FNBO Direct does not accept transfers from foreign bank accounts. For foreign currency withdrawals from an ATM, please refer to the ATM terms and conditions mailed with your card.

Yes. Once you have opened your FNBO Direct Online Savings Account you can schedule recurring transfers to your account. At your convenience, you can transfer a specified dollar amount to FNBO Direct from other accounts.

To change or cancel automatic transfers, log in to your account and select the “Scheduled” tab in the “Payments & Transfers” Widget located in the bottom right of either the “Accounts” or “Payments & Transfers” tabs. Select the “Change” button for the corresponding transfer you wish to edit or click the “Cancel” button if you wish to cancel the automatic transfer.

Yes. You can have your paycheck directly deposited into your savings account hassle-free and at no charge. With direct deposit, you never have to worry about losing your check or having it stolen. To initiate direct deposit, please complete the direct deposit form located under “Deposit Account Services” on the “Services” tab. Take your completed form to your company's human resource department.

No. Interest will be accrued on whatever amount of money you have in your savings account.

Yes. In addition to the funding account that you link to when you open your FNBO Direct account, you may link up to four more external accounts to your FNBO Direct Online Savings Account. You are limited to five "linked accounts" (the funding account and up to four more accounts). You may transfer money between those external "linked accounts" and your FNBO Direct Online Savings Account.

Currently, only Single-Party and Joint Accounts are available. Accounts for Non-Profit and Businesses are not yet available. Please see our Terms and Conditions for additional information.

Yes, to add a POD Beneficiary to your Online Savings Account, login to our secure website with your User ID and Password and go to the "Contact Us" section of the site. Then, select the "Online Message Center" link. Next, choose the "Send a Message" option. Choose the "Online BillPay/Online Savings" option and select "Add POD Beneficiary to my account" from the drop-down menu. To complete your request, please select the account number that you are updating and provide the following information in the "Questions and Comments" section before choosing "Submit:"

Name of POD Beneficiary
SSN of POD Beneficiary
Date of Birth of POD Beneficiary
Address of POD Beneficiary

*Payable on Death (POD)
If you establish a POD Beneficiary, upon your death the sums on deposit will pass to the beneficiary named and as a result the funds may not pass on to your heirs or be controlled by your Will.

Yes. Statements for FNBO Direct are available online.

Each month you will receive an email notifying you that your statement is available for viewing online.

No. There is never a fee for your FNBO Direct Account paperless statement.

You can have your paperless statement sent to two e-mail addresses per account.

We do not send your actual statement via email, rather we send you an email notification that your statement is available to view online. You must log in to our secure website to access your paperless statement.

Click on the “View Statement” link on the Account Detail page or the “Statement” link from the “Accounts” tab. Select the paperless statement for the appropriate account and your statement will open in Adobe Acrobat Reader. Choose the "Save" button in Adobe Acrobat Reader to save your paperless statement.

Click on the “View Statement” link on the Account Detail page or the “Statement” link from the “Accounts” tab. Select the paperless statement for the appropriate account and your statement will open in Adobe Acrobat Reader. Choose the "Print" button in Adobe Acrobat Reader to print your paperless statement.

Statements are viewable for up to 7 years.

Yes, your eStatement will be in a PDF format so you will need an Adobe Reader to view it. Click here to download the latest version of Adobe Acrobat Reader for free.