Business Savings


Our business savings accounts offer higher yield so you can generate interest while you save money. 


two men in safety glasses

All business savings accounts include:


  • Online Banking
  • eStatements and Combined Monthly Statements
  • Business ATM or Business Debit Card (checking account required for Debit Card)
  • FREE ATM transactions at RiverWood Bank/37,000 MoneyPass ATMs
  • FREE Automatic transfers from your RiverWood checking account to make saving easier

Business banking is stress-free with RiverWood Bank.













Compare Business Savings Accounts

No matter the size of your business, we have a savings account to help you reach your financial goals.

Account Type Business Statement Savings Business Money Market Savings Business High Yield Money Market Savings
Minimum Balance
*To Avoid Fees
$100 daily ledger balance $2,500 daily ledger balance $25,000 daily ledger balance. Must have a checking account at RiverWood Bank
Maintenance Fees $10.00 monthly if the minimum balance is not maintained $20.00 monthly if the minimum balance is not maintained $30.00 monthly if the minimum balance is not maintained
Interest Bearing Earns daily interest
paid monthly
Earns daily interest
paid monthly
Earns daily interest
paid monthly
Withdrawals Six free withdrawals per account cycle. $2.00 each thereafter Six free withdrawals per account cycle. $2.00 each thereafter Six free withdrawals per account cycle. $2.00 each thereafter


Conveniently Apply Online.


Don't Want to Apply Online?

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



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 the minimum balance is not maintained
  • Competitive rates are paid on the 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 the minimum balance is not maintained
  • Competitive, tiered rates paid on a 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 the minimum balance is 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 / 37,000 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













woman posing with hands in front of her

Cash Management

Our cash management services offer secure mobile money management with tailored solutions for your business needs, including account protection.













Still Have Questions?

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