Oak Ridge Trust: Fewer bank fees, straightforward banking
We keep our fees low so you can hold on to more of your money. Open an account online and bank with a local team.
- Paycheck — direct depositPosted 2 days early+£2,150.00
- Round-up to savingsAutomatic+£3.42
- Corner CoffeeToday, 8:14 AM-£6.20
Everything the big banks charge for, free
We make money when you swipe your card, not when you slip up. That one change fixes almost everything.
Fee-free banking
No monthly fees, no minimum balance, no foreign transaction fees. Out-of-network ATM operators may charge their own fee — we're honest about that, too.
Get paid early
Direct deposits can land up to two days early. When your employer's payment file reaches us, your money does — no waiting for a posting date.
Automatic savings
Round up card purchases to the nearest dollar and sweep a slice of every paycheck into savings. Set it once and let it run.
Build credit safely
A secured charge card with no annual fee, no interest, and no credit check to apply. On-time payments are reported to all three bureaus.
How to Open an Account
Open a deposit or loan account at Oak Ridge Trust in three clear steps, without the extra costs charged by large banks.
- 1
Submit Your Application
Complete the Oak Ridge Trust application for a checking, savings, or loan product. The form takes a few minutes and asks for basic personal details.
- 2
Confirm Your Identity
We verify your information using a government ID and a secondary proof such as a utility bill. This step meets federal banking requirements.
- 3
Make Your First Deposit
Transfer funds electronically or visit a branch to deposit. Your account is active once the initial deposit clears, with no monthly maintenance fee.
Our Current Deposit and Lending Rates
We list the rates from our collection for savings, credit builder, and loan accounts so you can plan with clarity and fewer fees.
Rewards Checking
3.05%APY
On the first £10,000
Earn this rate by meeting simple monthly qualifications—direct deposit, 10 debit card purchases, and e-statements.
12-Month CD
4.20%APY
12-month term, £500 minimum deposit
Early withdrawal penalty applies.
Statement Savings
1.75%Annual Percentage Yield (APY)
No minimum balance required to open or earn
At Oak Ridge Trust, we believe saving should be straightforward. Your balance earns a competitive rate every month, with no monthly maintenance fees and no surprises. Open an account with any amount and watch your savings grow.
30-Year Fixed Mortgage
6.45%APR
With autopay
Our most competitive rate on this mortgage, available to qualified buyers with strong credit and a 20% down payment. And because we keep our bank fees low, you keep more of your home equity.
Rates shown are drawn from our rate collection and may change. Please review our Disclosures for details on fees and terms.
What Our Account Holders Say
“I deposited a check at the ITM at 11 at night and a teller I recognized waved at me through the screen the next morning. That about sums this bank up.”
“When the hardware store flooded, Ray had a bridge loan approved before the insurance adjuster even called back.”
“They did our curbside banking with a baby asleep in the back seat and never once made it feel like a favor.”
Frequently Asked Questions
What fees do you avoid that other banks charge?+
We keep our fee schedule light by removing monthly maintenance charges on standard checking and savings accounts. Our approach favors fewer bank fees over penalty-driven revenue.
How do I open an account with you?+
We offer an online application that takes a few minutes. You will need a valid government-issued ID and a starting deposit to activate the account.
Do you have a product for building credit?+
We provide a Credit Builder account that links a secured savings balance to reported payment activity, helping customers establish or improve their credit profile.
Where can I find your current rates?+
We publish active deposit and lending rates on our Home page under the Current Deposit and Lending Rates section. These are reviewed regularly to reflect market changes.
Oak Ridge Trust: Open an account with fewer fees
We built our accounts to remove the routine charges that larger banks pass on to customers.