Business Savings Account

Savings Account

The perfect account for a business who wants to put money aside for future business expenses.

ACCOUNT FEATURES & BENEFITS

  • $100 minimum to open
  • Online Banking
  • Mobile Banking
  • Interest Paid
  • Jet Coin Sorter available ***

TRANSACTION LIMITATIONS

  • Four (4) withdrawals allowed per month at no charge
  • Transfers to another account or to a third party by means of a preauthorized or automatic transfer or telephone order or institution, computer transfer, or by draft, debit card or similar order to a third party are limited to six (6) per month.
  • Each additional withdrawal... $2.97

COMPOUNDING & CREDITING

Frequency — interest will be compounding and credited to your account at quarter end.

  •  Effect of closing an account — if you close your account before interest is credited, you will not receive the accrued interest.
  •  Interest will not accrue on days the ledger balance is less than $500.00

MONTHLY SERVICE CHARGE

  • $500.00 and over......NO CHARGE
  • $0.01 - $499.99......$5.98

Refer to schedule of fees for mailed statement(s) fee.  *** High volume coin customers will be charged a negotiated fee.

Visit any of Rio Bank’s convenient locations to open this account today.

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