Text Size
  • Three options to fit your business needs
  • Flexible and convenient
  • Low fees
Redwood Business Checking
  • Overview
  • Compare
  • Education
  • Reviews

We offer you a choice of Business Plus checking accounts so you can easily and efficiently manage your money: Basic, Active and Premium. All three accounts offer these valuable features.

  • Free, convenient online banking and bill pay
  • Open with a $200 minimum deposit
  • Domestic and international wire transfers
  • Visa debit card
  • Toll-free priority help line at (877) 545-4100
  • Order checks by phone at (800) 503-2345
  • Qualify for an overdraft line of credit for emergencies

Basic Checking

  • No minimum balance fee if you maintain a $1,000 minimum daily balance or $2,500 average daily balance
  • Includes 75 fee-free items paid out of account each month (ACH, debit, check, etc.)
  • 15 free deposits each month
  • Maximum 25 items per deposit
  • Unlimited withdrawals at RCU and CO-OP ATMs
  • Up to $1,000 in coin and currency processing each month

Active Checking

  • No minimum balance fee if you maintain a $2,500 minimum daily balance or $5,000 average daily balance
  • Earn dividends on your balance
  • Includes 250 fee-free items paid out of account each month (ACH, debit, check, etc.)
  • 30 free deposits each month
  • Maximum 50 items per deposit
  • Unlimited withdrawals at RCU and CO-OP ATMs
  • Up to $2,500 in coin and currency processing each month

Premium Checking

  • No minimum balance fee if you maintain a $5,000 minimum daily balance or $10,000 average daily balance
  • Earn dividends on your balance
  • Includes 500 fee-free items paid out of account each month (ACH, debit, check, etc.)
  • 50 free deposits each month
  • Maximum 75 items per deposit
  • Unlimited withdrawals at RCU and CO-OP ATMs
  • Up to $5,000 in coin and currency processing each month
 

Basic Checking

Active Checking

Premium Checking

Minimum Balance

$1,000

$2,500

$5,000

Dividends Paid

No

Yes, on balances of $2,500 or more
 View rates

Yes, on balances of $5,000 or more
View rates

Monthly Service Charge

View Fee  

View Fee  

View Fee  

VISA Debit Card

Yes

Yes

Yes

Recommended For

Businesses who keep lower balances in Checking

Businesses who maintain a minimum daily balance of $2,500

Businesses who maintain a minimum daily balance of $5,000

 ATM Use
  • FREE at all RCU and CO-OP Network ATMS (28,000+ Nationwide)
  • 3 free per month for non-RCU/CO-OP ATMS
  • ATM Locator
 Other Benefits  

Send a Question or Comment about This Product

Please use this form to ask a question or comment about this product.

Email    
Confirm Email    
First Name    
Last Name    
Purpose of your contact     
Satisfaction
What does your inquiry relate to?  
Comment  
   

Ready to open your account?

Call us at 1 (800) 479-7928.