All the tools you need to help your business grow
Redwood Capital Bank offers many options to assist you in meeting your business banking needs. With customer care as our top priority, each account is carefully designed to enhance your banking relationship. Let us be your business partner and your bank of choice. We look forward to working with you.
| Business Checking | Business Interest Checking | Business Analysis Checking | Business Savings | Evergreen Money Market Account | |
|---|---|---|---|---|---|
| Features and benefits |
Low minimum opening balance Up to 100 transactions per month free |
Up to 200 transactions per month free Earns interest Free paper statements |
Fees based on account activity Unlimited transactions allowed Earnings credit on collected daily balance Free paper statements |
Earn maximum interest as balance increases Funds remain liquid |
Check writing convenience Unlimited in-person cash withdrawals Earns competitive interest rate while keeping funds liquid Free paper statements |
| Minimum opening balance | $100.00 | $100.00 | $500.00 | $500.00 | $5,000.00 |
| Monthly service charge | See Fee Schedule | ||||
| Minimum balance or method to avoid monthly service charge | See Fee Schedule | ||||
| number of total debits and credits | 100 | 200 | Analysis | Six withdrawals per statement cycle, unlimited deposits | Six withdrawals per statement cycle, unlimited deposits |
| Fee per transaction over limit | See Fee Schedule | ||||
| Interest | N/A |
Variable Compounds Paid |
N/A |
Tiered Variable Compounds Paid |
Tiered
Variable Compounds Paid |
| Minimum balance to earn interest | N/A | $2,500.00 | N/A | N/A | $10,000.00 |
| Online Banking with Bill Pay | Free | Free | Free | Free | Free |
| Telebank 866-208-2504 | Free | Free | Free | Free | Free |