All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

Prime Checking Account

The Prime Checking Account is an interest-bearing account available to individuals, dba's and nonprofit organizations. It is the perfect account if you do not wish to open a CD, but would like to earn interest rates like a CD.

Minimum Balance of $1,000.00 required

  • Unlimited check writing
  • Free VISA CheckCard
  • Free 24-hour telephone assistance
  • Free online banking
  • Free bill pay
  • Free e-statements
  • No ATM transaction fee at BOC ATMs
  • Direct deposit accepted
  • Automatic transfers
  • Check images
  • If balance falls below $1,000.00 during statement period, account will be charged $10.00.
  • Interest rate is based on Tier step rates.  Please check with an office near you for the current rates.