Banking FAQ

Q: Are Ocean City Home Bank deposit accounts FDIC insured?
A: Yes! Each individual customer at Ocean City Home Bank is insured by the FDIC up to $100,000 (temporarily increased to $250,000 through December 31, 2009).

Q: How do I set up Direct Deposit of my payroll check?
A: After your Ocean City Home Bank checking application has been approved, you will receive Ocean City Home Bank's routing and transit number and your account number. If your employer participates in a direct deposit program, simply provide this information to the human resources or payroll department at your company, and your direct deposit will usually begin within thirty days.

Q: How do I set up Direct Deposit of my Social Security check?
A: After your Ocean City Home Bank checking application has been approved, you will receive Ocean City Home Bank's routing and transit number and your account number. Simply contact us, and have your Social Security Number account information available to set up your direct deposit right over the phone.

Q: Can I get information about my account by phone?
A: Yes! Account information is available with our Customer Service Center during business hours by contacting 1-800-771-7990 or ask about our Telephone Banking for automated account information 24 hours a day.

Q: Can businesses have accounts at Ocean City Home Bank?
A: Yes.

Q: Is interest paid on Ocean City Home Bank checking accounts?
A: Yes! If you want a checking account that pays a market rate of interest, check out our Classic Checking Account.

Q: Can I do all of my banking with Ocean City Home Bank?
A: Yes! Thanks to the convenience of Telephone Banking, Online Banking, Direct Deposit and Visa check cards everyday banking can be performed from the comfort of home. Contact us with questions about your banking needs.

Q: Can I look at my transactions at any time?
A: Yes! With Online Banking, you have access to your account information 24 hours a day, 7 days a week!

Q: How frequently is my Ocean City Home Bank information updated?
A: Ocean City Home Bank customer's receive up-to-the-minute information regarding their account balances. The online banking information is real-time and current.

Q: Are wire transfers possible to and from my Ocean City Home Bank checking account?
A: Yes! Funds can be transferred to and from Ocean City Home Bank accounts by wire transfers or via ACH (Automated Clearing House) debits or credits. You will need the following information: amount of wire, your account number, the complete name and address of all parties, the receiving bank's routing number, and the receiver's name and account number. Call our customer service representatives at 1-800-771-7990 for details.

Q: How do I make a deposit to my account from a remote location?
A: You can do most of your banking by using direct deposit, ATMs, or ACH (Automated Clearing House) transactions. Ocean City Home Bank also offers a bank-by-mail service which allows you to mail non-recurring deposits. Contact us for details on a method that's best for you.