Negative average collected balances will be charged monthly at a rate of five (5) percentage points over the current Federal Reserve Discount Rate.

Federal Regulations do not allow us to pay interest on this type of account. The credit applied against monthly charges is calculated by applying the U.S. Treasury Bill 90-day discount rate to your average collected balance (less reserves required by the Federal Reserve System). As a result, the credit allowance can significantly reduce or eliminate your service charge each month. Detailed statement with imaged checks provided monthly. Minimum opening balance $100.00. Top

Debit BusinessCard
The RiverHills Debit BusnessCard is designed specifically to meet the needs of business owners. It's an ATM card with the MasterCard® logo that's linked to your RHB business checking account. Qualified customers can use it to get cash at an ATM or to make purchases more conveniently; the funds are automatically deducted from your business account. That means, unlike a credit card, there are no monthly payments or finance charges (unless you access an overdraft line of credit). It's the right choice for buying office supplies, meals, business gifts, uniforms, inventory, office improvements--even business travel and more. Keep your business moving ahead with an RHB Debit BusinessCard. Top

Business Lending
From credit lines to construction loans to letter of credit, RiverHills Bank’s loan officers have the expertise to guide you through the process. And best of all, our credit decisions are made locally, by people who know you and understand your business!

• Commercial Loans
• Working Capital Lines of Credit
• Equipment Financing
•  Land Loans
• Interim Construction Financing
• Commercial Real Estate Loans
• Letter of Credit

Please contact one of our convenient banking locations today to set up a meeting with an experienced and responsive loan officer. We look forward to exploring creative, customized solutions for your unique financing needs.

Please Note: All loans are subject to credit approval. Top

Express Deposit
RiverHills Bank is proud to be the first local bank to offer its business customers the competitive advantage of desktop check processing. With Express Deposit, you can electronically deposit checks into your account without ever leaving your place of business. Imagine the newfound convenience, not to mention the time you’ll save.

Make fewer trips to the bank and eliminate associated travel expenses. Make deposits until 5 p.m—hours after normal daily deposit deadlines. Reduce deposit preparation errors, since check images are captured, displayed and verified electronically. Deposit checks from multiple physical locations into a single account. Even store images of your electronic deposits on-site for archival purposes.

What’s more, RiverHills Bank’s Express Deposit system is easy to set up and even easier to use. You are provided a desktop check scanner, a set of simple operating instructions, and our ongoing technical support. All you need is a PC and a secure Internet connection to get started. Featuring easy-to-follow instructions and fail-safe prompts, your business will be reaping the benefits of this smart business tool in no time.

Contact your local RiverHills Bank representative to learn more about Express Deposit.

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Interest On Lawyers Trust Account (IOLTA)
For lawyers participating in the State Bar Association ILOTA program, this account generates interest on lawyer’s escrowed checking account funds. Earned interest is aggregated and forwarded to the Mississippi State Bar Foundation ILOTA Program. Top

Money Market Account
An interest-bearing account that accrues daily and pays monthly while allowing the flexibility of easy access to your money. This account offers a tiered interest rate according to collected balance as follows: $1,000.00 - $9,999.99, $10,000 - $99,999.99 and $100,000.00 and over. No interest will accrue for the day or days when the collected balance is below $1000. There is no monthly service charge on this account when you maintain a minimum balance of $1,000. A total of six withdrawals may be made each month, of which three may be by check or debit to third parties. A fee will be assessed for each withdrawal (both third-party and non third-party transfers) over six (6) regardless of minimum balance. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. If account is closed before statement cycle, the accrued interest will be forfeited. This account earns interest at a competitive rate and is subject to change at any time. Detailed statement with imaged checks provided monthly. Minimum deposit to open this account is $1,000.00. Top

NOW Account
Sole proprietorship, non-profit organizations and certain clubs may earn interest on this account. No monthly maintenance charge on the minimum balance of $1,000.00 and over. A fee is charged per checks, debit items, per deposit and per deposit/credit items. Interest accrues daily on collected balance of $1,000.00 and compounds monthly. This account offers a tiered interest rate according to collected balance as follows: $1,000.00 - $2,499.99 and $2,500.00 and over. No interest will accrue for day or days below the minimum balance. If this account is closed before the end of statement cycle, the accrued interest will be forfeited. Detailed statement with imaged checks provided monthly. This account earns interest at a competitive rate and is subject to change at any time. Minimum deposit to open this account is $1000.00. Top

Fee Schedule

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