Business Deposit Accounts & Banking
Business Banking
With a variety of deposit accounts to choose from, we offer many services and features to help you manage your business' money.
Business Investing
With a focus on your business's financial growth, we have a variety of personal investment accounts available to help you grow your future.
RG BANK business accounts give you free access to online banking and RG BANK mobile banking to help you manage your business finances 24/7.
RG BANK account offerings are simple and straight forward, so you can choose the account and services that are right for your business and then get back to business.
Checking Accounts
Business Checking Accounts
Whether you are unincorporated and a sole proprietor or if you are an LLC, a partnership or a corporation, the RG BANK Business Checking account and the RG BANK eBranch (online banking and the RG BANK mobile app) are there to help you manage your businesses finances 24/7.
RG BANK Business Checking:
- This account is for the business that is a LLC, a partnership or incorporated
- $200 minimum opening deposit
- No charge for cash or coin purchased
- First RG BANK MasterCard Debit Card provided at no charge
- Manage your business account with online and mobile banking
$27 charged if account is closed within 90 days. $8 monthly service charge applies if the daily balance falls below $200. $1 charge per card per month will apply. Payroll Processing $10 per month. Positive Pay $0.05 per ACH or Check.
Deposited items over 150 items per month $0.05 per item.
Safe Business Savings
Business Savings Account
The RG Business Savings is perfect to save for your big upcoming business project, to save for your next equipment purchase, to save for your business’s slow season and more. You can access and manage your account at the RG BANK eBranch (online banking and the RG BANK mobile app).
RG BANK Business Savings:
- $25 minimum balance to open
- Savings accounts can be used as overdraft protection for your primary business account
$3 monthly service fee applies if the daily balance falls below $200. Minimum daily balance to earn interest is $25. $1 per withdrawal / debit over 6 per month. $1 per withdrawal / debit over 6 per month. Early closing charge (within 90 days) $27.00
The interest rate and annual percentage yield on this account may change at any time at the discretion of RG Bank. Interest is compounded daily and credited quarterly.
CD’s
RG Certificates of Deposit
If your business has surplus funds, consider investing them in a Certificate of Deposit. Earn a higher rate of return than with most other types of accounts. Earn an even higher return for a longer term and higher balances. You can access and manage your account at the RG BANK eBranch (online banking & the RG BANK mobile app).
RG Certificates of Deposit:
- Earn a higher interest rate on higher balances
- Also available for Individual Retirement Accounts (IRA)
- eStatements Available
A minimum of $1,000 is required to open this account. A penalty will be imposed for early withdrawal.
Financial Growth
RG Money Market Account
Does your business have surplus funds, but you want to maintain liquidity? Consider a Money Market Account. Get a rate of return that is generally higher than on a checking account – plus more as you maintain higher balances. You can access and manage your account at the RG BANK eBranch (online banking & the RG BANK mobile app). Scroll down to learn more.
RG Money Market:
- Earn a higher rate of return when you maintain a higher balance
- eStatements Available
A minimum of $2,500 is required to open this account. Minimum daily balance to earn interest is $2,500. No more than 6 withdrawals/debits per month are allowed on a Money Market Account. $10 per withdrawal / debit over 6. $8 per month service charge if the balance drops below $2,500. $27 will be charged if the account is closed within 90 days.
IRA’s
RG Individual Retirement Accounts (IRA)
Business owners have to plan for their retirement. An IRA can get your started. Setting up and investing in an IRA for your employees can also be a great piece to a benefit package.
Earn a higher rate of return than most other types of accounts. Earn a higher interest rate for a longer term and higher balances. You can access and view your account balance at the RG BANK eBranch (online banking & the RG BANK mobile app). Scroll down to learn more.
RG IRAs:
- Earn a higher interest rate on higher balances
- Unlike some other retirement accounts, RG IRAs will not decrease in value
- eStatements Available
A minimum of $1,000 is required to open this account. A penalty will be imposed for early withdrawal.
Easy & Safe Spending
RG BANK Business Debit Mastercard
The Business Debit Mastercard lets you purchase at the register or online. It’s quick and easy and helps you keep up with your busy business operation.
RG BANK Business Debit Mastercard
- Reduce the number of checks you write and number of checks you have to buy
- Reduce the need for cash. Just use your debit card for all purchases. If you do need cash, get it for free at any RG BANK ATM or get cash back at many stores when making a purchase.
- Control your ATM limits and turn your card on and off at the RG BANK eBranch (online banking & the RG Bank mobile app).
- Track your purchases easily for entry into your accounting software at the RG BANK eBranch (online banking & the RG BANK mobile app).
Your Future Begins today with RG BANK
Want to get a jump on the new account process? Click the link and fill out the business account application. You can complete it on your computer, print it out and then bring it into the bank.
Remember, we are here to help. If you have any questions, please call us. You can find a phone number for each location under the Contact Us menu.
Member FDIC – NMLS #421822
NMLS #421822