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Banking Services
Personal Checking Services
Premiere Banking
Customers who maintain an average balance of $5,000 or more
in personal checking, savings, money market, CDs and/or IRAs;
or $10,000 or more in real estate loans, Streamline or Equity
Line accounts will qualify for Premiere Banking, which offers
"Totally free checking,” a free initial order of
image checks, unlimited ATM1 or VISA Debit2
card usage, 1 year rent free on 3x5 safe deposit box, free
travelers checks and cashier’s checks, special 6- and
12-month CD rates, discount on new installment loans with
auto draft2, no closing costs on Home Equity Line2
of $10,000 or more, no annual fee Streamline Account2,
free Notary Public service, no annual fee and no cash advance
fee on River Community Bank Classic MasterCard2or
Visa2 Credit Card.
Premiere Plus Banking
Customers who maintain an average balance of $25,000 or more
in personal deposit accounts or $50,000 or more in personal
real estate loans, Streamline or Equity Line accounts will
qualify for Premiere Plus, which offers Totally free checking,”
free image checks as long as qualified for a Premiere Plus
Account, unlimited ATM1 or VISA Debit2
card usage, free 3x5 safe deposit box for life (when available
and as long as qualified for Premiere Plus), free travelers
checks and cashier’s checks, special 6- and 12-month
CD rates, discount on new installment loans with auto draft2,
no closing costs on Home Equity Line2 of $10,000
or more, no annual fee Streamline Account2, no
annual fee and no cash advance fee on River Community
Bank Gold MasterCard2 or Visa2 Credit
Card.
Totally Free Checking
Non-interest bearing account for individual or joint depositors.
$50 minimum opening deposit; no minimum balance requirement;
no monthly service charge; unlimited check writing; unlimited
ATM1 or VISA Debit2 card
usage.
Interest Checking
Interest bearing checking account with unlimited check writing
and ATM1 or VISA Debit2 card privileges
to individual or joint depositors, referred to as a “"NOW"
account. Variable interest compounded daily and credited
monthly. $500 minimum opening deposit; $2,500 minimum
daily balance to avoid a $5 monthly service charge.
Select Money Market
Interest bearing, limited transaction account. $2,500
minimum opening deposit. Variable interest compounded
daily and credited monthly. $2,500 minimum daily balance
to avoid a $10 monthly service charge. Activity fee
of $5 per transaction for excessive transactions3.
ATM1 accessible.
Personal Savings Services
Statement Savings3
Interest bearing account. Minimum opening deposit of $50; $50 minimum daily balance to avoid $3 monthly service charge; ATM 1 accessible. Interest compounded daily and credited quarterly. Activity fee of $4 per transaction for excessive transactions.
Junior Statement Savings3
For individuals under 18 years of age. Interest bearing account. Minimum opening deposit of $25; no minimum balance required. ATM1 accessible by custodian. Interest compounded daily and credited quarterly.
Certificate of Deposit
Interest bearing account, available to individual or business
depositors, guaranteeing a fixed interest rate for a specified
length of time. Maturities range from 91 days to 5 years.
$500 minimum opening deposit; automatically renewable.
Interest compounded quarterly on maturities of 1 year or more;
simple interest on maturities of less than 1 year. A penalty
will be imposed for early withdrawal.
12-Month No Penalty Certificate of Deposit
Interest bearing account, available to individual or business
depositors, guaranteeing a fixed interest rate for 12 months.
$2,500 minimum opening deposit; automatically renewable.
Interest compounded quarterly. A penalty will be imposed for
early withdrawal. However, one (1) penalty free withdrawal
allowed per 12-month period.
Individual Retirement Account (IRA)
Custodial account established for
individuals for retirement purposes, available in the form of
a statement savings or a 12- to 60-month certificate of deposit.
Minimum deposit of $500 for CD and $50 for statement savings.
CD carries a fixed interest rate for term; variable rate on
statement savings. Interest compounded quarterly on CD
and monthly on statement savings. May have tax benefits (consult
your tax advisor). A penalty will be imposed for early
withdrawal.
Other Services
ATM (Automated Teller Machine)/POS (Point of Sale)
Card
Convenient 24-hour access to your personal checking, savings,
and money market accounts at any ATM1 honoring
STAR. You may also use the card to pay for purchases from
merchants who have agreed to accept the card at POS terminals
within the STAR Network.
VISA Debit Card
The VISA Debit2 card is similar to the ATM/POS1
card, but has enhanced POS access with the VISA2
logo. It can be used at ATM1 machines honoring
STAR as well as for Point of Sale Purchases (POS) anywhere
that accepts VISA. Purchases are debited from the primary
checking account.
Direct Deposit
Payroll, retirement, Social Security, or U.S. government checks
directly deposited for safety and convenience.
Safe Deposit Box
Large selection of several sizes. Provides security for valuables and important documents
Funds Transfer Overdraft Protection
Transfers between demand deposit or savings accounts whereby customers are protected from overdrafts and returned checks. Small fee of 50¢ per transfer.
Online Banking
24-hour access to all your accounts, check balances, search
for cleared checks, see direct deposits and transfer funds
at your convenience.
Business Checking Services
Business Checking
Ideal for businesses that prefer a low activity account.
$300 minimum opening deposit; low minimum daily balance requirement
of $1,000 per statement cycle to avoid $10 monthly service
charge. Up to 125 debit and credit transactions (including
checks, ACH drafts, deposits etc.) per month. Night
deposit service available. Line of credit available
for funds transfers and overdraft protection2.
Business Plus Checking
Ideal for businesses that prefer a low to moderate activity account. $300 minimum opening deposit; low minimum daily balance requirement of $5,000 per statement cycle to avoid $20 monthly service charge. Up to 300 debit and credit transactions (including checks, ACH drafts, deposits etc.). Night deposit service available. Line of credit available for funds transfers and overdraft protection2.
Commercial Checking
Primarily for businesses that require a high activity account. Service charges can be offset by maintaining a sufficient balance monthly (account analysis). $300 minimum opening deposit. Night deposit service available.
Select Money Market
Interest bearing, limited transaction account. $2,500
minimum opening deposit. Variable interest compounded
daily and credited monthly. $2,500 minimum daily balance
to avoid a $10 monthly service charge. Activity fee of $5
per transaction for excessive transactions3.
Consumer Loan Services2
Personal Loans
Simple interest; flexible repayment terms; life and disability
insurance coverage available. Prompt,local decisions.
Streamline Account
Secured or unsecured revolving line of credit from $1,000 to $100,000 with fixed or variable rate option. $15 annual fee.
Overdraft Protection
A credit line established for the sole purpose of providing funds to up to two (2) designated checking accounts to cover check presentment. Simple interest with low monthly payment terms. $20 annual fee.
Equity Line
A revolving line of credit secured by the equity in a primary
or secondary residence. Easy access by writing checks.
Simple interest loan with low monthly payments. No closing
costs for lines over $10,000 (line must remain open for a
two year period to qualify). May have tax benefits (consult
your tax advisor).
Equity Loan
An adjustable or fixed rate loan secured by primary or secondary residence. Simple interest; flexible terms up to 15 years. Prompt, local decisions. May have tax benefits (consult your tax advisor).
Mortgage Loans
An adjustable or fixed rate secured loan for the purchase or refinance of a house or primary and/or secondary residence. Competitive interest rates.
Visa/MasterCard
Credit cards with fixed and variable rate options. Various cards available with no annual fee; competitive interest rates; prompt decisions.
Business Loan2 & Other
Services
Loans
Short- and long-term loans for business or investment purposes;
lines of credit. Fixed or variable rate simple interest
loans. Competitive interest rates. Prompt, local
decisions.
Merchant Bank Card
Allows businesses to electronically accept credit and debit cards for purchases.
Corporate Credit Card
Visa/MasterCard account for employees to use for business
purposes. Separate account issued for each authorized
employee.
Cash Management Sweep
Allows businesses to maximize their earnings and cash flow
through overnight investments with competitive interest rates.
1 Transaction fee by ATM owner other than
River Community Bank, N.A. may also apply.
2 Normal approval required.
3 Transfers/Withdrawals from your account by preauthorized
or automatic transfers, or telephone instruction are limited
to six per month or statement cycle with no more than three
by check, draft, debit card, or similar order (including point of sale transactions) to 3rd parties.
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