Business Banking Is Easier When Everything Works Together
You already trust Richwood Bank to help finance your business. Imagine how much easier managing that loan could be if your operating account was here, too.
By bringing your operating account to Richwood, everything works together.
Gain a clearer picture of your cash flow
Transfer funds without the extra steps
Ready to open an account?
Schedule time with a Richwood customer specialist for an in-branch appointment.
How it works >>
Find the Right Business Checking Account
Whether you’re looking to earn interest on your operating funds or simply need a reliable account for everyday banking, we have an account designed to fit your business.
Enterprise Checking
Put your operating balance to work.
Earn tiered interest while enjoying unlimited transactions, online and mobile banking, and the convenience of a business debit card. Plus, maintain a $2,500 average daily balance to waive the monthly service charge.
Best for: Businesses that want to earn interest on their operating funds.
Basic Checking
Simple business banking. No monthly service charge.
Everything you need to manage your day-to-day banking without paying a monthly service charge. Enjoy unlimited transactions, online and mobile banking, and a business debit card—all with no minimum opening deposit.
Best for: Businesses looking for a straightforward, no-fee operating account.
Open Your Account. Earn $500.
As a thank you for making Richwood your primary business banking partner, you can earn $500.
Here’s How to Qualify
- Open a qualifying Richwood business checking account
- Maintain the required average daily balance
- Enroll in automatic loan payments
Once you’ve completed the requirements, we’ll deposit $500 into your new account.
It’s one more reason to simplify your banking and put everything under one roof.
Valued Service Lines
Expertise That Goes Beyond Your Account
Our Valued Service Lines connect you with local experts in marketing, payroll, financial planning, and business consulting—all designed to help your business grow.
Treasury Management
Simplify the Way You Do Business
Protect your business, streamline payments, and improve efficiency with Treasury Management solutions that help you operate with confidence.
DISCLOSURE
$500 Relationship Bonus: To qualify, you must: (1) open a new Richwood Bank business checking account; (2) maintain an average daily balance of at least $10,000 for three full consecutive statement cycles; and (3) complete at least three automatic loan payments from the new checking account. The required average daily balance of $10,000, and at least one automatic loan payment to your Richwood Bank loan must be completed in each of the same cycles. All requirements must be met during the first three full consecutive statement cycles following account opening. Account fees may reduce the effective average daily balance during the qualifying period.
Account must remain open with a positive available balance at the time of bonus payment. Bonus will be deposited within 30 days following the end of the statement cycle in which all requirements have been satisfied.
Offer not available to businesses with an existing Richwood Bank business checking account or those that have closed one within the past 12 months. Limit one bonus per business. Offer cannot be combined with other business checking promotions.
Bonus will be reported as interest income on IRS Form 1099-INT and may be subject to taxation. Customer is responsible for any applicable taxes. Richwood Bank reserves the right to modify or withdraw this offer at any time without notice.
