We offer flexible account options tailored to your needs, no matter what size business you own.
Take a look at the checking and savings accounts available.
Checking Services for All Accounts
All business checking accounts are eligible for the following convenient services:
Purchases & Sales
- ATM/debit card available upon approval
- Business & commercial credit card solutions**
- Merchant payment processing**
Technology
- Free online banking and mobile banking app
- Remote deposit capture**
- eAlerts
- eStatements
Security
- ACH filter**
- ACH Positive Pay**
Electronic Payments
- Bill pay
- ACH origination**
- Domestic & international wire transfer**
Accounting Services
- Zero balance account**
- Loan sweep**
- Electronic Data Interchange (EDI) reporting**
**Applicable fees may apply.
Business Checking Accounts
| Small Business Checking Account A basic checking account for new or small businesses with low transaction volume. | Business Checking Account A checking account for growing businesses with higher transaction volume. | Commercial Checking Account A complete checking account for businesses with higher transaction volume and cash management needs. |
|
|---|---|---|---|
| Minimum Opening Deposit Requirement | $500 | $1,000 | None |
| Minimum Average Balance Requirement | $500 | $3,500 | None |
| Fees | • $10/month if average balance falls below $500 • Includes 75 items* Each additional item: $0.30 | • $10/month if average balances falls below $3,500 • Includes 300 items* Each additional item: $0.30 | • $10/month maintenance fee • $.35 per deposit/credit item • Deposited item (on us): $.04 per item • Deposited item (other): $.10 per item • ACH credit: $.05 per item • ACH debit: $.10 per item • Checks paid: $.20 per item (Monthly fees are subject to offset with earnings credit) |
*Items include: Checks, Debits, Items Deposited, ACH Debits
Ready to open a small business checking account?
Non-profit business accounts are also available through Riverland Bank.
Savings Services for All Accounts
All business savings accounts are eligible for the following convenient services:
Purchases
- ATM/debit card available upon approval
Technology
- Free online banking and mobile banking app
- eAlerts
- eStatements
Electronic Payments
- Bill pay
Business Savings Accounts
| Riverland Regular Savings This account helps business owners save, earn interest, and protect funds. | Riverland Money Market Savings This account can be a helpful resource for entrepreneurs or small businesses due to higher interest and the ability to write checks. |
|
|---|---|---|
| Minimum Daily Balance Requirement | $250 | $1,000 |
| Fees | $5 quarterly service charge if daily balance falls below $250 | $10 monthly service charge if daily balance falls below $1,000 |
| Interest | • Rate subject to change • Paid quarterly | • Rate subject to change • Paid monthly • Tiered rate based on account balance |
Savings accounts are variable rate accounts; the interest rate and annual percentage yield may change after the account is opened at the bank’s discretion. Fees may reduce earnings. $30 fee may be imposed if account is closed within three months of opening.
Ready to open a small business savings account?
Get Started
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