Bounce Protection
Bounce Protection is a discretionary overdraft service, requiring no action on your part, that provides you a safety net up to an automatically assigned overdraft limit. Your Bounce Protection limit may be available for checks and other transactions made using your checking account number or automatic bill payment and recurring debit card payments. Also, at your request, we may authorize and pay ATM transfers or withdrawals and everyday debit card purchases using your limit.

For complete details on this special service, you may download a PDF copy of our Bounce Protection brochure by clicking here.

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Certificates of Deposit
RiverHills Bank can provide a Certificate of Deposit to meet your needs with maturities available from 30 days to 60 months. Certificates of Deposit provide a high-yielding savings vehicle with fixed interest rate and maturity date. CD interest may be paid by check or deposited monthly, quarterly, semi-annually or annually (any withdrawal of interest will reduce earnings). Interest can be compounded quarterly, semi-annually or annually or at maturity. At your option, your CD may be automatically renewed. There is a substantial interest penalty for early withdrawal. The minimum opening balance is $1,000. You cannot make deposits to the account during its term. You cannot withdraw principal from the account without our consent except on or after maturity. (For accounts that automatically renew, there is a ten-day grace period after each renewal date during which withdrawals are permitted without penalty.) Top

Coverdell Education Savings Account
A Coverdell Education Savings Account is set up to save money for education for a designated beneficiary. It is tax free to the beneficiary if used for education. It is not tax deductible to the depositor. This IRA unlike all other IRA’s is not designed for wage-earners to save for retirement, but as a vehicle for adults to save for children’s educational needs. Must be distributed before the student reaches the age of 30. RiverHills Bank's IRA's are invested into Certificates of Deposits with terms from one year to five years. Consult your tax adviser for Retirement Plans which suits your needs. Top

E-Statements
No waiting for the mail anymore! Why? Because RiverHills Bank now offers E-Statements—the safe, convenient, easy, fast and free way to receive your monthly account statements.

E-Statements is an electronic version of your bank statement emailed directly to your computer each statement period. The electronic statement contains all of the same information as a traditional paper-based statement, including images (if applicable) of your checks and deposit tickets.

Your information is protected with a password that you select. The statement can only be accessed using your personal password.

If you currently receive multiple accounts on the same statement, they will also be combined on your E-Statement.

To sign up for RiverHills Bank’s E-Statements, please call or come by any RiverHills Bank location.

* Please note: If you sign up for E-Statements, you will no longer receive a paper statement by mail. Top

Free Checking
Checking account that requires no minimum balance and no monthly service charge. Detailed statement listing cancelled checks provided monthly. Must be 18 years or older to qualify for Free Checking. Minimum deposit to open this account $100.00. Top

Free 24-Hour Touch-Tone Banking
Safe. Private. Accurate. You are never more than a phone call away from your RiverHills Bank accounts. All you need is a touch-tone phone to check your account balances, see which checks have cleared, make transfers and more. Call 601-636-5221 in Vicksburg and 601-437-3400 in Port Gibson for around-the-clock access to our telephone banking system.

Home Equity Line Of Credit
Our Home Equity Line of Credit (HELOC) is a variable rate revolving line of credit secured by the equity in your home. The annual percentage rate is competitive and the convenience is hard to beat. You can even have your monthly payments automatically drafted from a RiverHills Bank deposit account. RHB's HELOC features a maturity of 15 years. Consult your tax advisor concerning the details of deductibility of Home Equity Line interest expense in your specific case. Applications are available and subject to credit approval. Top

Individual Retirement Account
Traditional individual retirement arrangement (IRA) is a personal savings plan that offers tax advantages to customers who set aside money for retirement — a possible tax deduction and tax deferred earnings. Customers may be able to deduct contributions to their IRAs in whole or in part. Earnings and gains are not taxed until distributed. Top

MasterMoney Debit Card
Convenience! That's what MasterMoney Debit Card is for you. Our MasterMoney Debit Card works like a check at thousands of locations around the world, but without the hassles of showing ID and waiting for approvals. MasterMoney Debit Card purchases are directly deducted from your checking account and will appear on your monthly statement. Applications are available and subject to credit approval. To report lost or stolen Debit/ATM cards please call 1-800-500-1044 (AFTER HOURS ONLY).

Security! That’s what MasterCard SecureCode offers MasterMoney Debit Cardholders. 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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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
An account designed for customers who wish to have an interest-bearing checking on collected balances of $1,000.00 and over and have unlimited check writing without incurrring a monthly service charge. Interest accrues daily on collected balances of $1,000.00 and over, paid 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. NOW accounts earn interest at a competitive rate and is subject to change at any time. Minimum deposit to open this account is $1,000.00. Top

Overdraft Protection Ready Access
Overdraft Protection Ready Access is different from Bounce Protection. Overdraft Protection Ready Access is an unsecured, revolving line of credit that will cover items that overdraw your account up to your pre-approved credit limit, Items that are paid using funds from an Overdraft Protection Ready Access line of credit are not subject to our standard NSF fee. You must make separate application if you are interested in one of our Overdraft Protection Ready Access lines of credit, and we will apply our normal credit requirements when considering your application. Applications are available at any of our office locations. The minimum line of credit amount is $500, and use of the line of credit is subject to the separate revolving credit agreement for this product. Top

Personal Lending
You can count on RiverHills Bank for a variety of loans with flexible terms and competitive rates. You can also count on the loan decision being made locally and in a timely fashion. Whether you need cash for new or used vehicles, a new home or home improvements, tuition, that special family vacation or another major purchase, RiverHills Bank is here to help.

  • Credit Cards
  • Personal Loans
  • Automobile Loans
  • Land Loans
  • Interim Construction Loans
  • Mortgage Loans
  • Home Equity Lines of Credit
  • Home Improvement Loans

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

Regular Checking
An account designed for customers who wish to have the convenience of unlimited check writing. There is no service charge on this account when you maintain a minimum daily balance of $700 or more. Detailed statement with imaged checks provided monthly. Minimum deposit to open this account is $100.00. Top

RiverHills Savings Account
A savings account from which deposits or withdrawals can be made at any time. A competitive rate is paid and is subject to change at any time. Interest is accrued on the daily collected balance and is paid quarterly. Quarterly service charge is waived if minimum balance is $500.00 and over and no fee is charged for withdrawals when minimum balance is maintained. Should the minimum balance drop below $500.00 any time during the statement cycle, a fee will be assessed for each withdrawal posted during the statement cycle. Interest will accrue and be paid on all collected balances. If the account is closed before the statement cycle, you will receive accrued interest through the closing date. Minimum deposit to open this account is $100.00. TRANSACTION LIMITATIONS: You may make six transfers or withdrawals from your account each statement cycle. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited. If you exceed this limit three months in a 12- month period, Regulation D requires us to convert this account to another bank product. Top

Roth IRA
A Roth IRA is nondeductible but the interest earned is tax-free if distributed for one of the qualifying reasons under distributions. The contributions must stay in the IRA for five (5) years before it achieves tax-free status on the earnings. However, if taken before the five (5) years is up for a qualifying reason, the earnings will be taxable. Top

Senior Citizen Account
This account is offered to customers 62 years of age and older. There is no service charge on this account. Detailed statement with imaged checks provided monthly. In order to qualify for this account, you must have your retirement payment directly deposited to this account. The first order of custom checks is FREE. Minimum deposit to open this account is $100.00. Top

Ultimate Account
An interest-bearing checking account that accrues daily and pays monthly on the collected balance with a tiered interest rate. Detailed statement with imaged checks provided monthly. This account earns interest at a competitive rate and is subject to change at any time. There is a fee for each check or other debit transaction if collected balance drops below $10,000.00. No monthly maintenance fee. First order of custom checks FREE. Tiered rate according to collected balance as follows: $1.00 - $2,499.99, $2,500.00 - $9,999.99, $10,000.00 - $99,999.99, and $100,000 and over. If account is closed before statement cycle, the accrued interest will be forfeited. Minimum deposit to open this account is $100.00. Top

Fee Schedule

Checking Accounts
Service Charge Minimum Other
Free Checking None $100 to open None
Regular Checking $7 below $700 $100 to open None
Senior Checking None $100 to open None
Ultimate Checking None $100 to open $0.25 per check/debit under$10,000
Now Account $10 below $1,000 $1,000 to open None
 
Savings Accounts
Service Charge Minimum Other
Savings Account* $2.00 under $500 quarterly $100 to open

$3.00 per each withdrawal below $500

Money Market* $10 under $1,000 $1,000 to open $10 each withdrawal 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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Bounce Protection

Certificates of Deposit

Coverdell Education Savings Account

E-Statements

Free Checking

Free 24-Hour Touch-Tone Banking

Home Equity Line Of Credit

Individual Retirement Account

MasterMoney Debit Card

Money Market Account

NOW Account

Overdraft Protection Ready Access

Personal Lending

Regular Checking

RiverHills Savings Account

Roth IRA

Senior Citizen Account

Ultimate Account

Fee Schedule

 
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