Featured Savings Rates
Featured Accounts

Ouachita Independent Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
3.01%Reward CheckingOIB Reward Checking
1.01%Reward SavingsReward Plus Savings
0.15%SavingsOIB Regular Savings

Overview / Commentary
318-338-3014
909 North 18th Street
Monroe, LA 71201

Ouachita Independent Bank is headquartered in Monroe and is the 20th largest bank in the state of Louisiana. It is also the 1,053rd largest bank in the nation. It was established in 1997 and as of September of 2016, it had grown to 164 employees at 12 locations. Ouachita Independent Bank has an A health rating.

Related Posts

View all posts from:


Reviews (4)

Not Necessarily

OIB temporarily limited their online account openings to customers in Arkansas, Louisiana, Mississippi and Texas during a recent switch-over to a new online account opening vendor. The switch has been made and account-openings for 7 (soon to be 8) deposit products are open to the continental US.

Waste Of Time Applying Online

Posted by: Saver4321 | Dec 17, 2015

I called the bank before applying online to open a new Reward Checking account. I told them where I live and they said I was in their service area. Next I applied online and provided them with all my confidential personal information. But they refused to open the account because my ChexSystems report showed that I had inquiries by other banks! Apparently they want new account applicants who have never had a bank account before. What this bank is actually doing is luring in many applicants with a high interest rate account, and then cherry picking only the ones that are most to their advantage. Bank elsewhere.

Very Poor Service

After two years of banking at Ouachita Independent Bank, I had a VERY POOR customer service experience today at the main branch of the OIB on N 18th Street in Monroe at the hands of bank vice president, Bernadette Rainbolt. Ms Rainbolt also serves as the notary - a service I insist on having in a bank I am a member of. Ms Rainbolt gave me and an elderly black gentleman who bought a car from me today a very hard time when trying to have the title notarized at the bank. We both had valid, state-issued identification and the title listed me as the lawful, registered owner. Because the title also listed me as the “custodian” of my son (who the car was originally bought for as he was the principal driver back then) she started acting suspicious of me. I explained to her the DMV required that it be titled that way because he wasn’t allowed to own a vehicle at the time it was purchased - he was a minor at the time. And although the black gentleman had valid identification issued by the state of Louisiana DMV, she questioned him on why he was buying a vehicle in the first place because he had a state ID and not a driver’s license. What does she care? It’s his business. You don’t have to hold a valid driver’s license to own property in the state of Louisiana, including vehicles. Ms Rainbolt told us she would prefer we took our request for title notarization elsewhere because we had “too many problems.” I was humiliated and furious over this treatment. It’s my belief that she was being arrogant and unnecessarily difficult. There is a word for women like that but I won’t use it. And I won’t discount the possibility that she just didn’t want to help us because the one fellow was black and didn’t have a current driver’s license. This reflects very poorly on Ouachita Independent Bank. No one should be treated this poorly and with such contempt.

This Is Only Available For Local Deposits

Posted by: Anonymous | Jun 4, 2010

This is only available for local deposits



Health
A

Health Grade Components

Overall
FDIC Certificate #34332
Year Established1997
Employees164
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.74%
Return on Equity - YTD16.51%
Annual Interest Income$20.6MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$688.8MM$675.4MM
LoansQ3 2016vs Q3 2015$489.9MM$459.8MM
DepositsQ3 2016vs Q3 2015$576.9MM$561.3MM
Equity CapitalQ3 2016vs Q3 2015$73.4MM$65.6MM
Loan Loss AllowanceQ3 2016vs Q3 2015$4.9MM$4.9MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$506.00K$341.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$143.00K
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Ouachita Independent Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Ouachita Independent Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.01%*-$50kReward Plus Savings
OTHER TIERS: 0.25% $50k+
0.51%*$100k*-OIB Health Savings Account
OTHER TIERS: 0.05% Up to $2,500 | 0.15% $2,500 - $10k | 0.35% $10k - $100k
0.15%--OIB Regular Savings
0.15%--OIB Business Savings

Ouachita Independent Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%*$500k*-OIB Money Market Checking
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $25k | 0.25% $25k - $100k | 0.35% $100k - $500k

Ouachita Independent Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.01%*-$15kOIB Reward Checking
OTHER TIERS: 0.25% $15k+
3.01%*-$15kReward Plus Checking
OTHER TIERS: 0.25% $15k+
0.55%*$500k*-OIB Ultra-Checking
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $50k | 0.25% $50k - $100k | 0.35% $100k - $250k | 0.45% $250k - $500k
0.45%*$500k*-OIB Premium Business Checking
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $25k | 0.25% $25k - $100k | 0.35% $100k - $500k
0.05%--OIB Interest Checking
0.05%--OIB Business Plus Checking
Locations

Ouachita Independent Bank has 12 locations. Click to view all Ouachita Independent Bank locations.