Commercial Accounts
Everything you need for everyday business

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
• RO$EY, our automated telephone teller
• eStatements option with Quicken® or QuickBooks® compatibility

Commercial Checking

Commercial Checking is designed for Partnerships, LLCs, and Corporations. Convenient access to your funds is essential year-round. At Red River Credit Union, our Commercial 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
• RO$EY, our automated telephone teller
• 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 Commercial 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:

• Commercial Debit Card(s)
• Online and Mobile Banking
• RO$EY, our automated telephone teller
• eStatements option with Quicken® or QuickBooks® compatibility

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.

Commercial Savings

• Minimum Deposit of $5
• Earns Quarterly Dividends
• Free Access to Online and Mobile Banking
• Free Access to RO$EY, our automated telephone teller
• Free eStatements option with Quicken® or QuickBooks® compatibility
• One-time $5 Membership Fee applies

Commercial Money Market

Consider our Commercial 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

Commercial 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 commercial 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

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 Commercial Checking account has non-sufficient funds at the time a check is presented, the item may be paid from funds available in your Commercial 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.