Business Checking
Business Checking is designed for business accounts with moderate to high account activity. Pricing is based on an analysis of monthly activity and a monthly service charge is assessed only if the cost of services provided exceeds the credit for balances allowance. The greater your average collected balance, the greater your credit to offset activity charges.

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

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

MasterMoney Debit BusinessCard
The RiverHills MasterMoney Debit BusinessCard 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 MasterMoney Debit BusinessCard. To report lost or stolen Debit/ATM cards please call 1-800-500-1044 (AFTER HOURS ONLY).

MasterCard SecureCode offers RiverHills MasterMoney Debit BusinessCardholders extra online security that’s quick, simple and seamless. A service enhancement, MasterCard SecureCode provides added protection against unauthorized use of your card when you shop online at over 350,000 participating online merchants. To learn more or to choose your own SecureCode, follow the simple steps at www.mastercard.com/securecode.

Effective May 20, 2013:
The Daily Transaction Limit count for ATM usage is 50, which includes balance inquiries and withdrawals.

The Daily Transaction Limit count for Debit Card usage for point-of-sale pre-authorization transactions is 100, which includes both approved and declined transactions.

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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

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 - $2,499.99, and $2,500.00 and over. No interest will accrue for the day or days when the collected balance is below $1,000. There is no monthly service charge on this account when you maintain a minimum balance of $1,000. 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. TRANSACTION LIMITATIONS: Transfers and withdrawals made in person, by messenger, by mail or via ATM are unlimited; otherwise, you are limited to six transfers or withdrawals per statement cycle. A $10 fee is assessed for each transaction in excess of this limitation. 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

Checking Accounts
Service Charge Minimum Other
Business Checking $8 monthly $100 to open $0.12 per check/debit item

$0.07 per deposit

$0.10 per deposits/credit item

NOW

Account

$10 if the
balance falls
below $1,000
$1,000 to open $0.12 per check/debit item
$0.10 per deposit/credit item
$0.07 per deposit
 
Service Charge Minimum Other
Money Market* $10 under $1,000 $1,000 to open $10 each transaction over Transaction
Limitations

*Transaction Limitations: If not made in person, by messenger, by mail or via ATM, you are limited to six transfers or withdrawals per statement cycle.

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Business Checking

Debit BusinessCard

Business Lending

Interest On Lawyers Trust Account (IOLTA)

Money Market Account

NOW Account

Fee Schedule