Business Accounts
Everything you need for everyday business
Whether you’re an established business or just starting out on your own, Red River Credit Union Business Checking, Savings, and Extended Services are designed to quickly and conveniently give you access to your funds and provide the tools to manage your cash flow. With Red River Credit Union Business Checking, we offer FREE Visa® Debit Cards. Simply present your card anywhere that accepts Visa and the purchase amount is deducted from your Business Checking account.
RRCU Business Services extend to ACH Control, Wire Transfers, Access Control, Merchant Processing, and more! For all Business account questions, contact our Business Services Team at 903-735-3000 or BusinessServices@rrcu.com.
Business Savings
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Business Checking
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Business High Yield Money Market
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Business Checking Account Options
Sole Proprietor Checking
This is the perfect account for Start-ups, Sole Proprietorships, or Organizations with low monthly check writing and deposit activity, lower account balances, and basic needs.
- No Minimum Balance
- No Transaction Limit or Monthly Maintenance Fee
- Earns Monthly Dividends
- $5 Monthly Fee (waived when electing eStatements and eNotices)
Plus, enjoy our standard services for free:
- Commercial Debit Card(s)
- Online and Mobile Banking
- Access to Rosey, RRCU’s Digital Assistant for account support
- eStatements option with Quicken® or QuickBooks® compatibility
Business Checking
Business Checking is designed for Partnerships, LLCs, and Corporations. Convenient access to your funds is essential year-round. At Red River Credit Union, our Business Checking account has a full range of features tailored to your spending account needs.
- No Minimum Balance
- $5 Monthly Fee (waived when electing eStatements and eNotices)
- No transaction fee for up to 250 transactions (Overage fee: 25¢ per transaction)
- No Monthly Dividends
Our standard free services are also included:
- Commercial Debit Card(s)
- Online and Mobile Banking
- Access to Rosey, RRCU’s Digital Assistant for account support
- eStatements option with Quicken® or QuickBooks® compatibility
Enterprise Checking
Larger businesses need more than an average checking account. At Red River Credit Union, we offer our Enterprise Checking to support the large volume transactions occurring monthly for a low monthly fee. This account pairs nicely with our Extended Business Account Services.
- $25 Monthly Maintenance Fee if monthly Average Balance is less than $50,000
- No transaction fee for up to 500 transactions per month (Overage fee: 15¢ per transaction)
- No Monthly Dividends
This account also included these standard free services:
- Business Debit Card(s)
- Online and Mobile Banking
- Access to Rosey, RRCU’s Digital Assistant for account support
- eStatements option with Quicken® or QuickBooks® compatibility
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Business Savings Account Options
No matter your business needs, Red River Credit Union has a savings account that is sure to work for your business. Business Savings accounts come with all the standard benefits, including free online and mobile banking access.
Business Savings
- Minimum Deposit of $5
- Earns Quarterly Dividends
- Free Access to Online and Mobile Banking
- Access to Rosey, RRCU’s Digital Assistant for account support
- Free eStatements option with Quicken® or QuickBooks® compatibility
- One-time $5 Membership Fee applies
Business Money Market
Consider our Business Money Market account for a higher dividend rate and easy access to funds.
- Minimum Required Balance is $2,500 (Minimum Balance Violation Fee: $5)
- Minimum Check Clearing Amount is $500
- Dividends are computed on the average daily balance and deposited at the end of each month
- Only 6 Reg D Transactions allowed per month. Transaction Violation Fee: $35
- Reg D transactions include the following:
- Checks
- Internet Transfers
- Debit Card Transactions
- Preauthorized Transfers
- Remote Transfers
- Overdraft Transfers
Business Special Savings (Special Purpose Account)
An extra savings account is a perfect way to designate funds for a particular purpose. You'll enjoy the benefits of a regular Business Savings account, and no minimum balance is required.
- Earns Quarterly Dividends
- Tax Savings
- Payroll Savings
- Large Purchase Savings
- Rainy Day fund
- Setup auto transfers to build the balance throughout the year
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Overdraft Protection
Get peace of mind with optional overdraft protection for your Red River Credit Union Business Accounts and save yourself the complications, charges, and frustrating delays that come with non-sufficient funds. In the event that your Business Checking account has non-sufficient funds at the time a check is presented, the item may be paid from funds available in your Business Savings account.
CONTACT US to find out more about Overdraft Protection options for your business. Some fee and restrictions may apply to Overdraft Protection Services.