All channels (Branches, Phones, Chat) are available and experiencing high volumes. You can now call or chat with us from 8 AM to 8 PM on weekdays and 10 AM to 6 PM on Saturdays. We will assist you as quickly as possible. Thank you for your understanding.
Business Checking
Checking that Works Hard for Your Business
Business Rates
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Business Checking Plus
View All RatesAs High As 0.25% APY*
Business Checking
Need a Business Checking Account? We’ve got you covered. Whether you’re focused on managing your cash-flow cycle, handling customer payments or minimizing fees, Rivermark has a business checking account and options that are right for you.
Business Checking: offers business owners everything needed for daily money management with no monthly fee.
Business Checking Plus: Earn interest on your checking funds with a market-leading rate.
Ready to start a business banking relationship at Rivermark? Call us at 503.626.6600, or visit a branch.
Business Checking Comparison
| Business Checking** | Business Checking Plus** | |
|---|---|---|
| Earns Interest? | N/A | Square Check |
| Monthly Service Fee | $0 | $10*** |
| Fee Waived By | No fee | $3,000 Avg. Monthly Balance |
| Items/Deposits Cleared Free | 250 | 500 |
| Fee Per Item/Deposit | $0.20 per item paid/deposited over 250 | $0.15 per item paid/deposited over 500 |
| Cash Allowances | $2,500 deposited per month | $10,000 deposited per month |
| Cash Overage Fee | $0.15 per $100 deposited | $0.15 per $100 deposited |
| Cash/Coin Order Fee | $0.15 per roll/strap | $0.15 per roll/strap |
Frequently Asked Questions
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Thank you for considering Rivermark for your business membership. Below is a list of the information needed to establish your business membership:
Sole Proprietor
- Active registration with Secretary of State*
- Business Employer Identification Number**
Limited Liability Company
- Active registration with Secretary of State
- Operating Agreement
- Business Employer Identification Number**
Cooperation Profit or Non Profit
- Active registration with Secretary of State
- Meeting Minutes
- Business Employer Identification Number
Association
- Active registration with Secretary of State
- Business Employer Identification Number
Club
- Active registration with Secretary of State*
- Association Resolution or Meeting Minutes
- Association Employer Identification Number
Partnership
- Active registration with Secretary of State
- Partnership Agreement
- Business Employer Identification Number
All signers must provide current, state-issued photo identification before account opening. If you have any questions, please contact your local branch or the Business Services Department directly at 503.526.3636.
*Only needed if using a DBA
** If applicable, a business Employer Identification Number is not required for Sole Proprietorships or Single-Member LLCs
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Business Checking would work best for a business that has low transactional volumes and that keeps an average daily balance of less than $3,000.
Business Checking Plus is a great fit for a business that has higher transactional volumes, maintains a higher balance and wants to earn interest on deposits.
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There is a $10 monthly service fee for Business Checking Plus. This fee is waived on accounts with an average daily balance over $3,000. If you maintain a lower average balance check out Business Checking.
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Business Checking provides $2,500 cash deposited per month without fee. Any amount over $2,500 is charged a fee 0.15% of cash deposited. For example, if you deposit $2,600 you would be charged a $0.15 fee overage.
Business Checking Plus provides $10,000 cash deposited per month without fee. Any amount over $10,000 is charged a fee of 0.15% of cash deposited. For example, if you deposit $10,100 you would be charged a $0.15 overage fee.
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*APY = Annual Percentage Yield. All rates are variable and subject to change.
**Limits and allowances are per calendar month.
***$10 monthly fee waived on accounts with a $3,000 average daily balance.