Intelligent Banking Solutions for your Business

Business Checking Account Options

Learn more about our suite of business checking account options to decide which account is right for you and your business.

Basic Business Checking Simplify your checking with no monthly fees and access to convenient mobile banking features. Cover the basics with a checking account that makes your business banking easy. Get Started	Premier Business Checking Earn dividends at a low balance of $5,000. Enjoy remote deposit, contactless payments and 24/7 access. Get Started
Minimum Opening Deposit
$25	$25
Minimum Balance to Earn Dividends
No Dividends	$5,000
Business Debit Card

Contactless Payments

Remote Deposit

FREE Bill Pay with Online Banking

NCUA Insured

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 $25 or more.

Free Online Banking

Get access to our online and mobile banking app.9

Business Debit Card

Make business purchases with a MasterCard® debit card.

Earn Dividends

Enjoy a healthy return on balances over $5,000.23

Free Bill Pay

Quickly and easily make one time and recurring payments.

Direct Deposit

Have your checks deposited directly into your account.

NCUA Insured

All accounts insured up to $500,000 with NCUA and ESI.23

Mobile Banking Features

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

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.

Learn More

Business Checking FAQ

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

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.

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.

Disclaimer

22. Basic Business Checking

This account does not earn dividends. All Checking Accounts are subject to approval. Must meet qualifications. Must be a member to open a checking account. Some restrictions apply. Minimum deposit to open a Business Checking Account is $25. Deposits are insured up to $500,000 with up to $250,000 in insurance by NCUA and up to $250,000 in insurance by Excess Share Insurance.

9. Digital Banking Features

(Mobile Banking) Message and data rates may apply; consult your carrier for further details. Not all mobile devices are supported.
(Mobile Pay)
- Apple, the Apple logo, iCloud and Apple Pay are trademarks of Apple Inc.
- Google Pay is a trademark of Google LLC. Android, Google Pay and the Google Pay logo are trademarks of Google LLC.
- Samsung Pay is a registered trademark of Samsung Electronics Co., Ltd

23. Premier Business Checking

APY=Annual Percentage Yield. APYs accurate as of 8/12/2022; the last dividend declaration date. Rates may change after account is opened. Minimum deposit to open a Premier Business Checking Account is $25. Balances over $5,000 earn dividends. $5.00 monthly service fee without EStatements. 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 $500,000 with up to $250,000 in insurance by NCUA and up to $250,000 in insurance by Excess Share Insurance.

Still Have Questions?

Contact Us