Explore Mutual of Omaha Bank’s suite of accounts

Offers a variety of checking, savings and CDs, but you could get better interest rates elsewhere.

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Mutual of Omaha Bank

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Mutual of Omaha Bank offers interest-bearing checking and savings accounts for online and in-person management. But potential interest is minimal and most banking products are only available in nine states.

What banking products does Mutual of Omaha Bank offer?

With a wide selection of free online banking, Mutual of Omaha Bank offers personal and business accounts:

Why should I open an account at Mutual of Omaha Bank?

Offering a comprehensive selection of services and a full menu of account types, Mutual of Omaha Bank is well positioned for online banking. Perks include:

  • Minimal fees. Avoid monthly fees on most checking, savings, money market and CD accounts with a minimum balance.
  • Interest for checking. Mutual of Omaha offers interest on most checking accounts.
  • Extensive ATM Network. For making deposits and withdrawals from checking and savings accounts.

What should I look out for?

While Mutual of Omaha offers a comprehensive selection of products, it has its disadvantages.

  • Limited branches. Branches are only available in nine states — Arizona, California, Colorado, Florida, Hawaii, Kansas, Nebraska, Nevada and Texas.
  • Must open an account in person. If you live outside of the nine states it serves, you’re limited to the Advantage Checking account, Money Market account and CDs.
  • Low interest rates. Yields for business and personal interest-bearing checking are nominal compared to other banks, and savings accounts require high minimums to earn interest.

Compare with leading bank accounts

Name Product APY ATMs Fee
BBVA Online Checking
No ATM fees nationwide at more than 64,000 AllPoint, participating 7-Eleven and BBVA USA ATMs
$0
Bank with BBVA and you could earn a total offer value of $250. Offer valid: 2/1/20 - 2/28/20.
M&T Bank EZChoice Checking
Over 1,500 M&T Bank ATMs
$0
Get $150 if you open an EZChoice M&T checking account by March 2, 2020, and make qualifying direct deposits totaling at least $500 within 90 days of account opening.
M&T Bank MyChoice Premium Checking
0.05% on balances of $100,000+
0.03% on balances of $50,000 to $99,999.99
0.01% on balances of $1 to $49,999.99
Over 1,500 free M&T Bank ATMs and up to $2 rebates when using all other ATMs
$24.95/month
(can be waived)
Get up to $250 if you open a MyChoice Premium M&T checking account by March 2, 2020, and make qualifying direct deposits totaling at least $500 within 90 days of account opening.
Chase Sapphire Checking
0.01%
Free to use anywhere worldwide
$25/month
(can be waived)
Get a $1000 welcome bonus when you join Sapphire Banking by March 06, 2020. Within 45 days of joining, transfer a total of $75,000 or more in qualifying new money or securities to a combination of eligible checking, savings and/or investment accounts (excludes any J.P. Morgan retirement accounts and CDs), and maintain the balance for at least 90 days.
Axos Bank Rewards Checking
1.25% on balances of $0+ with $1,000+ in direct deposits, 10 $3+ debit card transactions and 5 additional account transactions per month
ATM fees reimbursed at any ATM nationwide
$0
Earn up to 1.25% APY while enjoying a suite of digital tools for smarter money management.
Axos Bank Essential Checking
ATM fees reimbursed at any ATM nationwide
$0
No fees. Unlimited domestic ATM fee reimbursements.
HSBC Advance Checking
0.01% on balances of $5+
Surcharge-free HSBC ATMs nationally and internationally, plus up to four rebates a month for using non-HSBC ATMs in all US states except New York
$25/month
(can be waived)
Earn 2% cash back on qualifying direct deposits (up to $30 per month and $350 total during the first 12 months) with a new HSBC Advance Checking account. Offer ends March 29, 2020. Conditions apply. Deposit products are offered in the US by HSBC Bank USA, N.A. Member FDIC.
TD Beyond Checking
0.05% on balances of $50,000+
0.03% on balances of $10,000 to $49,999.99
0.01% on balances of $0.01 to $9,999.99
1,900 ATMs across the country and Canada
$25/month
(can be waived)
A checking account that offers interest plus three ways to waive the monthly fee, two overdraft paybacks a year and no ATM fees with a $2,500 balance.

Compare up to 4 providers

Mutual of Omaha Bank customer service

Customer Service provides direct numbers to contact the appropriate department and are available weekdays from 7 a.m. to 7 p.m. CST. The website doesn’t offer a chat option and emails are general inquiry only.

  • Individuals: 866-351-5646s
  • Businesses: 866-688-7957s
  • Community Associations: 866-800-4656s
  • Business Credit Card Services: 866-552-8855s
  • Personal Lost or Stolen Debit Card: 866-558-3424s
  • Mortgage Services: 877-471-7896s
  • Email: Bank.CustomerService@mutualofomahabank.coms
  • Mail: Mutual of Omaha Bank, 1299 Farnam Street – Suite 1400, Omaha, NE 68102s

Bottom Line

Mutual of Omaha Bank offers a comprehensive suite of financial services for individuals and businesses. But most products are only available in nine states and its interest rates are lower compared to other banks. If high-yield accounts are what you’re after, shop around for stronger rates.

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