Save up for Something Special
| Account Features |
Savings Account |
Youth Savings Account |
Christmas Club |
Money Market |
| Minimum Deposit to Open |
$100 |
$25 |
$20 |
$1,500 |
| Minimum Daily Balance to Avoid Service Charge |
$100 |
N/A |
N/A |
$1,500 |
| Monthly Service Charge if Below Minimum Daily Balance |
$0.50 |
N/A |
N/A |
$6.50 |
| Interest Earned |
Yes |
Yes |
Yes |
Yes |
| Online Banking and Mobile Banking |
Free |
Free |
Free |
Free |
| Mobile Deposit |
Free |
Free |
Free |
Free |
See additional account disclosures, deposit account rules, deposit account rate sheet and Schedule of Fees and Charges.
*$2.00 paper statement fee (does not apply to savings accounts held by minors).
Youth Savings Account
This high-interest youth account is a great way to give your child a financial head start. Make savings fun with our interactive feature designed to keep kids engaged with their financial goals.
- For those 17 years of age and under
- $25 minimum deposit to open
- Make additional deposits at any time in person, with an online transfer, or with the mobile app.
- No monthly service charge or minimum balance.
- Funds transferred into a regular savings account upon child's 18th birthday
Youth Savings Rate
Youth Savings
Account Product Name |
Minimum Opening Deposit |
Minimum Balance to Obtain Annual Percentage Yield |
Interest Rate |
Annual Percentage Yield |
| $0 – $5,000.00 |
$0.00 |
$0.00 |
5.87% |
6.00% |
| $5,000.01 and up |
$0.00 |
$0.00 |
0.200% |
0.200% |
Savings Account
A personal Savings Account is a great way to meet your financial goals. The convenience, flexibility, and liquidity of our savings accounts offer security for life-long saving regardless of the goal
- $100 minimum deposit to open
- $0.50 Monthly service charge - service charge waived with $100 minimum daily balance
Special Features
- Minimum daily balance and opening deposit waived for minors and individuals 50 years and older
- Free Online Banking, Mobile Banking, Mobile Check Deposit, Telephone Banking, E-Statements, Bill Pay
Christmas Club
A Christmas Club Savings Account is designed for customers to make deposits of any amount during the months of November through October.
- $20.00 Minimum deposit to open account
- Make additional deposits anytime in person, transfer into online, or with the mobile app
- Funds disbursed mid-October
Visit any River Bank location to begin your Christmas Club Account.
Money Market
Our Tiered Money Market Account at River Bank combines the earning power of a CD-type investment, with the flexibility of a checking account to give you high earning potential and liquidity.
- $1,500 minimum deposit to open
- $6.50 monthly service charge - waived with a $1,500 minimum daily balance
- Free Online Banking, Mobile Banking, Mobile Check Deposit, Telephone Banking, E-Statements, Bill Pay
Interest rates are tiered, with greater interest rates paid for higher balance levels.
- Tier 1 - Average daily balance of $1,500 - $25,000
- Tier 2 - Average daily balance of $25,000.01 - $100,000
- Tier 3 - Average daily balance of $100,000.01 and up
