Business Checking Account

Manage your business with confidence

We provide a variety of options focused on flexibility, control and convenience

to help you manage your business with confidence

Business Checking

Eligibility: Any Business Entities
Minimum Opening Deposit: $500
Monthly Maintenance Fees: $15
No monthly maintenance fee with an average daily balance of $1,000 or more.
Currency Deposited/Furnished Fee: First $10,000 free, then $0.15 per $100.

Premier Business Checking

Eligibility: Any Business Entities
Minimum Opening Deposit: $1,000
Monthly Maintenance Fees: $15
No monthly maintenance fee with an average daily balance of $2,000 or more.
Currency Deposited/Furnished Fee: First $10,000 free, then $0.15 per $100.

Analyzed Business Checking

Eligibility: Any Business Entities
Minimum Opening Deposit: $1,000
Monthly Maintenance Fees: Consult your branch
Currency Deposited/Furnished Fee: Consult your branch

Business NOW

Eligibility: Sole Ownership or Nonprofit Organizations
Minimum Opening Deposit: $1,000
Monthly Maintenance Fees: $15
No monthly maintenance fee with an average daily balance of $1,500 or more.
Interest Features: Variable tiered rate¹. Interest will be compounded and credited monthly.
Currency Deposited/Furnished Fee: First $10,000 free, then $0.15 per $100.

Money Market

Eligibility: Any Business Entities
Minimum Opening Deposit: $2,500
Monthly Maintenance Fees: $15
No monthly maintenance fee with an average daily balance of $2,500 or more.
Interest Features: Variable tiered rate^¹. Interest will be compounded and credited monthly.

Smart Money Market

Eligibility: Any Business Entities
Minimum Opening Deposit: $15,000
Monthly Maintenance Fees: $15
No monthly maintenance fee with an average daily balance of $5,000 or more.
Interest Features: Variable tiered rate^¹. Interest will be compounded and credited monthly.

Interest on Lawyers’ Trust Account (IOLTA)

Eligibility: Attorney Client Trust
Minimum Opening Deposit: $0.01
Monthly Maintenance Fees: None
Interest Features: Variable tiered rate^¹. Interest will be compounded and credited monthly.
Currency Deposited/Furnished Fee: None

24/7 Business Banking² Convenient online and mobile banking services including check balance, transfer money, bill pay and check deposit.	Business Bill Pay Ensure payments are made on time and safe with our efficient online bill pay.
Smart Security Protect money and information with fraud monitoring, overdraft protection, multiple authentication checks and early warning system for suspicious activities.	FDIC Insured All deposits are FDIC insured and protected for up to $250,000 per depositor for each ownership category.

For more information or to apply, please visit any of our local branches today.

¹Royal Business Bank uses variable interest rates for checking, money market, and savings accounts, the interest rate and annual percentage yield (APY) for your account depend upon the applicable rate tier. The interest rate and APY for these tiers may change at any time. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example, checks). To obtain the disclosed annual percentage yield, you must maintain a minimum average daily balance (ADB) required by the type of account. We use the ADB method to calculate interest on your account. If you close your account before interest is credited, you will not receive the accrued interest.

²To access online or mobile banking, you must first enroll in our online banking services by visiting our branches. Internet, text and wireless data fees may apply depending on your plan, and Royal Business Bank charges no fees for our online and mobile banking services.