Business Checking Accounts

Get easy access to your money so you can get back to business. Our business checking accounts are designed so you can bank wherever you are, without restrictions.

 

All of our business checking accounts include:

  • Business Debit Cards
  • Online Banking
  • eStatements and Online Check Images
  • FREE Transactions at all MoneyPass ATM Locations
  • Optional Business Online for expanded Cash Management Services
  • Overdraft Protection (subject to qualification)

Start Opening a Business Checking Account Talk to a Banker

Business Checking Accounts

Whatever the size of your business, we have a checking option to suit your needs.

Account Type

Easy Business Checking

Small Business Checking

Small Business Interest Checking

Analyzed Business Checking

Minimum Balance

None

$2,500 daily collected, or $5,000 average collected balance

None

None

Maintenance Fees1

None

$5.00 monthly if minimum balance not maintained

$5.00 monthly

$10.00 monthly

Interest or Earnings Credit

N/A

N/A

Interest paid on collected balance

Earnings credit applies
See banker for details

Paper Statement Fee

$2.00 monthly, waived with eStatement enrollment

None

None

None

Transactions Included

50 combined debit and deposited items

150 combined debit and deposited items

150 combined debit and deposited items

Per item charges apply
See banker for details

Transactions Over Limit2

$.25 for items over 50

$.25 for items over 150

$.25 for items over 150

N/A

1 Uncollected funds fee applies to all business checking accounts. Uncollected funds rate is Wall Street Prime plus 3.00%.

2 For purposes of activity charges, an item is defined as a debit or deposited item during each statement cycle.

Conveniently Apply Online.

Start Opening an Account

Don't Want to Apply Online?

Visit any RiverWood Bank location or call (888)751-5120 to speak with a banker.

Business Easy Checking

Our Business Easy Checking is the perfect option for a small business that just needs a simple checking account to get started. No minimum balance or maintenance fees required.

  • No minimum balance required
  • $100 minimum opening deposit
  • No monthly maintenance fee
  • $2.00 monthly paper statement fee, waived with eStatement enrollment
  • Account includes 50 free items per month (combined debit and deposited items); $0.25 per item over 50
  • Non-interest bearing account
  • FREE Business Debit Card
  • FREE ATM transactions at RiverWood Bank / MoneyPass ATMs
  • FREE Online Banking for online account viewing and transfers
  • Optional Business Online Banking for expanded Cash Management Services

Small Business Checking

Our Small Business Checking account is designed for small business with a limited number of transactions per month.

  • $2,500 minimum daily collected balance or $5,000 average daily collected balance required
  • $100 minimum opening deposit
  • $5.00 monthly if minimum balance not maintained
  • Account includes 150 free items per month (combined debit and deposited items); $.25 per item over 150
  • Non-interest bearing account
  • FREE Business Debit Card
  • FREE ATM transactions at RiverWood Bank / MoneyPass ATMs
  • FREE Online Banking for online account viewing and transfers
  • Optional Business Online Banking for expanded Cash Management Services

Small Business Interest Checking

Earn money while running your business. With our Small Business Interest Checking, you can generate interest without any withdrawal restrictions.

  • $100 minimum opening deposit
  • $5.00 monthly maintenance fee
  • Account includes 150 free items per month (combined debit and deposited items); $0.25 per item over 150
  • Interest bearing account (contact a banker for rates)
  • FREE Business Debit Card
  • FREE ATM transactions at RiverWood Bank / MoneyPass ATMs
  • FREE Online Banking for online account viewing and transfers
  • Optional Business Online Banking for expanded Cash Management Services

Analyzed Business Checking

For mid-sized businesses or larger, our Analyzed Business Checking allows you to make the daily transactions your business requires while also generating interest on your account.

  • $100 minimum opening deposit
  • $10.00 monthly maintenance fee
  • Per check/debit at $0.15; per credit at $0.15; per deposited items at $0.10
  • Fee for currency/coin deposited - $1.00 per $1,000.00
  • Earnings credit applies (contact a banker for rates). Monthly earnings credit offsets monthly service charges.
  • FREE Business Debit Card
  • FREE ATM transactions at RiverWood Bank / MoneyPass ATMs
  • FREE Online Banking for online account viewing and transfers
  • Optional Business Online Banking for expanded Cash Management Services

Still Have Questions?

Find FAQs, routing numbers and online banking tutorials in our Education Center.

 

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