The accounts you need to run your business
Relationships with value
We’ve optimized our products to offer you only the very best.
Most banks offer so many different products that it’s impossible to know which one is the best choice for your business. We’ve combined the best product features into a few select account types designed for the modern business, so you can focus on what matters most to you. With no transaction limits, fee-free accounts, and easy online access to your money, see how a RiverHills Bank Business Account can improve how you manage your day-to-day!
Account Features | Modern Business Checking |
Modern Business Savings |
Modern Business CD |
Traditional Business CD |
Investment Checking |
Investment Savings |
---|---|---|---|---|---|---|
When should you choose this account? | These accounts are for general business operations | If your business has some extra cash and wants to earn a little more on it but still wants easy access to it | If your business has some extra cash, you don't need it for a while and you want to earn more interest with a variable rate | If your business has some extra cash, you don't need it for a while and you want to earn more interest with a fixed rate | With a $50,000 deposit, you could get more for your money. | With a $50,000 deposit, you could get more for your money. |
Transaction Limits and Fees | None & Free | 6 Per Month and Free | None | None | None | None |
ATM Fees* | Free | Free | N/A | N/A | Free | Free |
Interest Type | Tiered & Variable | Tiered & Variable | Variable | Fixed | Tiered & Variable | Tiered & Variable |
Minimum Balance | N/A | N/A | $500 | $500 | $50,000 | $50,000 |
Minimum Balance Fee | N/A | N/A | N/A | N/A | $100** | $100** |
Monthly Fee | Free | Free | Free | Free | Free** | Free** |
Internet Banking | Free | Free | Free | Free | Free | Free |
Bill Pay | Free | N/A | N/A | N/A | Free | N/A |
Debit Card | Free | N/A | N/A | N/A | Free | N/A |
*RiverHills Bank does not charge a fee for using Non-RiverHills Bank ATMs. RiverHills Bank is not liable for any fees you may incur from other institutions when using their ATMs.
**Accounts with an average monthly balance less than $50,000 will not accrue interest and will receive a $100 minimum balance fee.
Visa/MasterCard Merchant Accounts
RiverHills Bank offers merchant accounts
with a low processing fee.
Night Depository
Night depositories are located at all our offices. The vault is checked each morning and transactions are processed next business day.
Credit Cards
RiverHills Bank offers nationally recognized corporate credit cards. With our Visa® Platinum credit card, you get hometown convenience along with worldwide acceptance.
Employee Pension Plans
We can assist you in setting up SEP and SIMPLE retirement
plans for your employees.
Safe Deposit Box
A safe deposit box can be provided rent-free for the duration
of the deposit relationship.
Convenient Hours
RHB has 5 convenient locations to serve you. Click the button below to find out more about branch locations, hours of operation, and branch contact information.
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: when you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.