Business Checking

Business Checking Options


Account Name	Monthly Maintenance Fee	Minimum Balance	Interest Bearing	Transactions Included	Additional Features
Business Free and Easy Checking	None	None	No	50 items free $0.25 per item > 50	Learn More
Small Business Checking	$5.00, waived with minimum balance	$2,500.00 minimum or $5,000.00 average collected balance	No	150 items free $0.25 per item > 150	Learn More
Small Business Interest Checking	$5.00	None	Yes See Rates	150 items free $0.25 per item > 150	Learn More
Analyzed Business Checking	$10.00	None	No	Per item charges apply	Learn More
All RiverWood business checking accounts include: FREE check safekeeping. FREE Business Instant Cash and Check Card (subject to qualification). FREE ATM transactions at RiverWood and many Instant Cash locations. FREE Online Banking for online account viewing and transfers. Optional Business Online Banking for expanded cash management services.

Business Free and Easy Checking

Account designed for businesses with low monthly account activity. Ideal for businesses with 50 or less combined debit and deposited items per month. Any business type qualifies.

$100.00 minimum opening deposit.
No monthly service fee and no minimum balance required.
Account includes 50 free items per month (combined debit and deposited items).
$0.25 per item over 50.
Non-interest bearing account.
FREE check safekeeping.
FREE Business Instant Cash and Check Card (subject to qualification).
FREE ATM transactions at RiverWood and many Instant Cash locations.
FREE Online Banking for online account viewing and transfers.
Optional Business Online Banking for expanded cash management services

Small Business Checking

Account designed for businesses with moderate monthly transaction volume. Ideal for businesses with 150 or less combined debit and deposited items per month. Any business type qualifies.

$100.00 minimum opening deposit.
$5.00 monthly service fee. Fee waived with $2,500.00 minimum daily collected balance or
5,000.00 average daily collected balance.
Account includes 150 free items per month (combined debit and deposited items).
$.25 per item over 150.
Non-interest bearing account.
FREE check safekeeping.
FREE Business Instant Cash and Check Card (subject to qualification).
FREE ATM transactions at RiverWood and many Instant Cash locations.
FREE Online Banking for online account viewing and transfers.
Optional Business Online Banking for expanded cash management services.

Small Business Interest Checking

Account designed for businesses with moderate monthly transaction volume. Ideal for businesses with 150 or less combined debit and deposited items per month.

$100.00 minimum opening deposit.
Available to sole proprietors, government entities, and non-profit organizations only.
$5.00 monthly service fee.
Account includes 150 free items per month (combined debit and deposited items).
$0.25 per item over 150.
Interest bearing account. See Rates.
FREE check safekeeping.
FREE Business Instant Cash and Check Card (subject to qualification).
FREE ATM transactions at RiverWood and many Instant Cash locations.
FREE Online Banking for online account viewing and transfers.
Optional Business Online Banking for expanded cash management services.

Analyzed Business Checking

Account designed for businesses with high monthly transaction volume. Ideal for businesses with more than 150 combined debit and deposited items per month. Any business type qualifies.

$100.00 minimum opening deposit.
$10.00 monthly service fee.
Per check/debit at $0.15; deposited items at $0.08(local) and $0.10 (non-local).
Fee for currency/coin deposited - $1.00 per $1,000.00.
Earnings credit applies. Monthly earnings credit offsets monthly service charges.
FREE check safekeeping.
FREE Business Instant Cash and Check Card (subject to qualification).
FREE ATM transactions at RiverWood and many Instant Cash locations.
FREE Online Banking for online account viewing and transfers.
Optional Business Online Banking for expanded cash management services.

*Uncollected funds fee applies to all business checking accounts. Uncollected funds rate is Wall Street Prime plus 3.00%.
*For purposes of activity charges, an item is defined as a debit or deposited item during each statement cycle.

INTERNET GAMBLING TRANSACTIONS: You may not use your account in connection with any business of placing, receiving or otherwise knowingly transmitting bets or wages by any means which involves the use, at least in part, of the Internet, or for any other transaction which is prohibited by Federal Reserve Regulation GG - Unlawful Internet Gambling Enforcement Act of 2006.