Personal Savings

Save up for Something Special

• Savings Account
  
• Youth Savings Account
  
• Christmas Club
• Money Market

Stop in to see one of our bankers to set up your savings account.

Compare Accounts

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 Rates

• Rates effective May 8th, 2024; subject to change
  
  

  Daily Balance	Interest Rate	APY*
  $0-$5,000.00	5.87%	6.00%
  $5,000.01 and up	0.20%	0.20%

   

  *APY = Annual Percentage Yield. Interest rate is 5.87% with an APY of 6.00%. APY of 6.00% will be paid on the entire balance up to $5,000.00. Earn an interest rate of 0.20% on the portion of the daily balance over the $5,000.00, resulting in a range from 6.00% to 0.20% APY depending on the account’s balance. Interest will be compounded and credited quarterly. Fees could reduce the earnings on this account. Rates are subject to change at any time without notice.

  A limit of one Youth Savings Account per account owner (minor). Youth Savings Account limited to owners age 17 and under. Youth Savings Account will automatically convert to Regular Savings Account, upon account owner reaching 18 years of age.

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

Limitations: You may make six (6) transfers from your account each four (4) week or similar period, if by pre-authorized or automatic transfer, or telephone (including data transmission) agreement, order, or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawal made in person, by messenger, by mail or at an ATM are unlimited.