Checking/Deposits

Checking/Deposits

More than banking services, River Valley Bank sells trust, professionalism, and caring for our customers best interests. We view our “product” as the relationship that we provide, striving for customer loyalty.

Business checking accounts tailored to meet your unique level of business activity.

Basic Business Checking
Monthly Maintenance Fee $5 – Daily ledger balance of $500 offsets Maintenance fee.
Other fees

Check/Debit Item Fee - Included in number of free transactions

Deposited Item Fee - Included in number of free transactions

Deposit/Credit Fee - Included in number of free transactions

Excess Transaction Fee – $0.25

Number of free transactions* 150* Transactions include all check/debits, deposits/credits and all deposited items
Online Banking Free
eStatements Required
Business Checking
Monthly Maintenance Fee $8– Daily ledger balance of $2,000 offsets Maintenance fee
Other fees

Check/Debit Item Fee - Included in number of free transactions

Deposited Item Fee - Included in number of free transactions

Deposit/Credit Fee - Included in number of free transactions

Excess Transaction Fee – $0.25

Number of free transactions* 250* Transactions include all check/debits, deposits/credits and all deposited items
Online Banking Free
eStatements Required
Ultimate Business Checking
Monthly Maintenance Fee $12– Daily ledger balance of $10,000 offsets Maintenance fee
Other fees

Check/Debit Item Fee - Included in number of free transactions

Deposited Item Fee - Included in number of free transactions

Deposit/Credit Fee - Included in number of free transactions

Excess Transaction Fee – $0.25

Number of free transactions* 500* Transactions include all check/debits, deposits/credits and all deposited items.
Online Banking Free
eStatements Required
Commercial Checking (Enhanced Account Analysis)
Monthly Maintenance Fee $12
Other fees

Check/Debit Item Fee - $.18

Deposited Item Fee – On-us $.07, Other transit items deposited $.11

Deposit/Credit Fee – $.30

Online Banking Free
eStatements Recommended
Earnings Credit Earnings credit is a non cash credit to the commercial business checking account that may offset monthly service fees. It is calculated based on the actual number of days in the statement cycle. Earnings credit rate is set by the bank. The rate is applied to the monthly average collected balance less 10% reserve requirement.
Non-Profit/Sole Proprietor Checking
Monthly Maintenance Fee $8 – Average collected balance of $750 offsets Maintenance fee and excess transaction fee
Other fees

Debit Item Fee - $.25 per item over 100 if average collected balance falls below $750 within the statement cycle

Deposited Item Fee – 250 free deposited transit items

Excess Transaction Fee -- $0.25 over 100 checks/debits, $.10 over 250 deposited transit items (Unlimited on us)

Interest Available Interest paid if average monthly collected balance is $750 or greater
Online Banking Free
eStatements Required

Additional Account-Related and Cash Managements Fees May Also Apply
Fees are subject to change

Contact one of our business bankers for more information.