Intelligent Banking Solutions for your Business

Account Details & Rates

Learn more about the features and benefits of our Business Checking Account.

Feature Business Checking Details
Minimum Opening Deposit $100
Minimum Balance $1,000
Check Fees $.20 per Draft
Free Online Banking
Free E-Statements
Direct Deposit
24/7 Bank by Phone
Bill Pay
Coverage Up to $500,000⁵
Account TypeDividend RateAPY
Business Checking Account.20%5.20%5

The Smart Way To Manage Your Business

Take control of your finances with a business checking account from R.I.A. Federal Credit Union.

Low Minimum Balance

Maintain an account balance of $1,000 or more.

Free Online Banking

Get access to our online and mobile banking app.

Business Debit Card

Make business purchases with a MasterCard debit card.

Earn Dividends

Enjoy a healthy return on balances over $2,500.

Free Bill Pay

Quickly and easily make one time and recurring payments.

Direct Deposit

Have your checks deposited directly into your account.

24/7 Bank By Phone

Use our Day And Night Access (DANA) system for 24/7 support.

NCUA Insured

All accounts insured up to $500,000 with NCUA and ESI.*

Mobile Banking Features

Our business checking solutions give you access to a digital library of fast, secure and reliable mobile banking tools.

Free Credit Monitoring

Check your credit score daily with no impact on your credit and see how financial decisions will effect your credit score.

Mobile Wallets

Add your R.I.A. issued debit card to your mobile wallet and make purchases directly from your mobile device.

Mobile Check Deposit

Save time by depositing checks from the convenience of your own home with our mobile banking app.

Mobile Card Controls

Turn cards on and off, control transaction limits, manage notifications and more with our mobile card controls.

Business Checking FAQ

You have questions. We have answers. See below for a list of our most frequently asked business checking questions.

What documentation do you need to open a business account?

The documentation needed to open a Business Checking Account depends on the type of business; LLC, Corporation or Sole Proprietorship. Each requires different documentation, but generally all require a valid tax identification number and the person opening the account must already be a member of R.I.A. FCU. For detailed information on documentation needed please contact us.

What are your fees for business accounts?

Business Checking Accounts require a minimum opening deposit of $100, and must maintain a minimum balance of $1,000. There is a fee of $5.00 if the balance falls below $1,000 at any time throughout the month. There is a $0.20 fee per draft. Fees may reduce earnings on the account.

Do you offer business accounts?

Yes! Earn a healthy return on balances over $2,500 with a Business Checking Account.


5. Business Checking

    • APY=Annual Percentage Yield. APYs accurate as of 09/01/2018; the last dividend declaration date. Rates may change after account is opened.
    • Minimum deposit to open a Business Checking Account is $100.
    • Balances over $2,500 earn dividends. $0.20 fee per draft. Low balance fee if balance falls below $1,000. Fees may reduce earnings on the account.
    • All Checking Accounts are subject to approval. Must meet qualifications.
    • Must be a member to open a checking account. Some restrictions apply.
    • Deposits are insured up to $250,000 in insurance by NCUA.
    • Deposits insured up to an additional $250,000 by Excess Share Insurance, for a total insured amount of $500,000.

Still Have Questions?

Open An Account Today

Ready to open a business checking account with R.I.A.? Stop by a branch location or contact us today to get started.