Business Statement Savings
We recommend our Business Statement Savings to small businesses that need a simple set-it-and-forget-it savings account to start generating interest.
- $100 minimum daily ledger balance
- $50 minimum opening deposit
- $10 monthly if minimum balance not maintained
- Competitive rates paid on daily collected balance
- Earns daily interest, paid quarterly (contact a banker for rates)
- Statements quarterly, or monthly with combined statement
- Withdrawals or transfers available in person, at an ATM, through RiverWood Bankline, Online Banking, or an electronic (ACH) transaction1
- Six free withdrawals per month, then $2.00 each thereafter
- FREE checking and savings combined monthly statements
- FREE Business ATM Card or Business Debit Card (checking account required for Debit Card)
- FREE ATM transactions at RiverWood Bank / MoneyPass ATMs
- FREE Online Banking
- FREE automatic transfers from your RiverWood checking account to make saving easier
Business Money Market Savings
Our Business Money Market Savings account is the best of both worlds: the yield of a savings account with the access of a checking account. Transfer between accounts1 while still earning money.
- $2,500 minimum daily ledger balance
- $50 minimum opening deposit
- $20 monthly if minimum balance not maintained
- Competitive, tiered rates paid on daily collected balance
- Earns daily interest, paid monthly (contact a banker for rates)
- Monthly statements
- Withdrawals or transfers available by check, in person, at an ATM, through RiverWood Bankline, Online Banking, or an electronic (ACH) transaction1
- Six free withdrawals per month, then $2.00 each thereafter
- FREE checking and savings combined monthly statements
- FREE Business ATM Card or Business Debit Card (checking account required for Debit Card)
- FREE ATM transactions at RiverWood Bank / MoneyPass ATMs
- FREE Online Banking
- FREE automatic transfers from your RiverWood checking account to make saving easier
Business High Yield Money Market Savings
If you want the maximum amount of yield, our Business High Yield Money Market Savings is the account for you. Earn the highest interest on your money every day.
- $25,000 minimum daily ledger balance
- $50 minimum opening deposit
- $30 monthly if minimum balance not maintained
- Earns daily interest, paid monthly (contact a banker for rates)
- Monthly statements
- Withdrawals or transfers available by check, in person, at an ATM, through RiverWood Bankline, Online Banking, or an electronic (ACH) transaction1
- Six free withdrawals per month, then $2.00 each thereafter
- FREE checking and savings combined monthly statements
- FREE Business ATM Card or Business Debit Card (checking account required for Debit Card)
- FREE ATM transactions at RiverWood Bank / MoneyPass ATMs
- FREE Online Banking
- FREE automatic transfers from your RiverWood checking account to make saving easier
- Must have a RiverWood Bank checking account to qualify
Still Have Questions?
Find FAQs, routing numbers and online banking tutorials in our Education Center.
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