Online BankingWe offer a full range of commercial checking accounts – one is right for your business! Best of all, ALL of our accounts give you access to Cash Management and Online Statements.
Business Checking
Designed for businesses looking for a checking account tailored to their business. With Business Checking you have the option to pick services that you need, with convenience and affordability.
Features:
•$100.00 minimum to open
•No Minimum Balance Requirement
•150 Transactions Free per month (includes all debit/checks, credits/deposits and deposited items). A $0.45 charge will apply for each transaction over 150 per month
Added Benefits:
•Royal Banks of Missouri MasterCard® Business Debit Card
•Royal Banks Digital Banking Services (Bill Pay $5.95 Monthly (Bill Pay includes 20 bills per month, each additional $.40 each) Cash Management services available - $45.00 Monthly)
•E-Statements Only
◦A $15.00 monthly charge will apply if paper statement is requested
Regular Commercial Checking
A checking account designed for businesses that have more activity than that of a business checking account. You receive an earnings credit for the monthly investable balance in your account each month.
Features:
• $500.00 minimum to open
• $17.50 monthly fee
• Analyzed non-interest bearing account
• Monthly service charge based on activity fee less earning allowance on average daily investable balance.
• Earnings allowance based on 91 T-Bill account rate for the month
• Transaction Fees:
o Credits/Deposits = $0.35 each
o Debits/Checks = $0.15 each
o Deposited Items = $0.10 each
o ACH Items = $0.15 each
Added Benefits:
• Royal Banks of Missouri MasterCard Business Debit Card
• Royal Banks Digital Banking Services (Bill Pay $5.95 Monthly (Bill Pay includes 20 bills per month, each additional $.40 each), Cash Management $45.00 Monthly)
• Overdraft protection (subject to application and approval)
•E-Statements Only
◦A $15.00 monthly charge will apply if paper statement is requested
Organizational Checking
As a service to our community, we offer this account for our non-profit organizations.
Features:
• $100.00 minimum to open
• $1,000.00 minimum balance to avoid fees
• $10.00 monthly fee for balances below $1,000.00
• Non-interest bearing account
• Transaction Fees – 150 Free – includes all debits/checks, credits/deposits, and deposited items (any transactions over the 150 per month are $0.25 each)
Added Benefits:
• Royal Banks of Missouri MasterCard Business Debit Card
• Royal Banks Digital Banking Services (Bill Pay $5.95 Monthly (Bill Pay includes 20 bills per month, each additional $.40 each), Cash Management $45.00 Monthly)
•E-Statements Only
◦A $15.00 monthly charge will apply if paper statement is requested
Business Sweeps
For companies seeking to increase returns on idle cash balances in on seamless customizable cash sweep program. Royal Banks Business Sweep Account is a cost-effective automated cash management tool.