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Business Checking

Manage your business finances with an RMO business checking account. Built for companies of all sizes with features like unlimited transactions, treasury tools, and full digital access.

For Businesses Debit Access Digital Banking
Features

What comes with your account.

Tools and features to help you manage and grow your money.

Business Debit

Business debit cards for authorized users with spending controls and real-time alerts.

Digital Banking

Full online and mobile access for payments, transfers, payroll, and reporting.

Transaction Volume

Account tiers designed for businesses with varying transaction needs.

Fraud Protection

Commercial-grade fraud monitoring and positive pay to protect your business.

Why RMO

Why members choose us.

More than just an account — a membership that works for you.

Built for Business

Features designed for commercial needs, not consumer accounts repurposed.

Full Digital Suite

Manage payroll, vendor payments, and cash flow from the MyRMO platform.

Competitive Fees

Transparent fee structures with tier options that scale with your business.

FAQ

Frequently asked questions

How Do I Set Up Direct Deposit?

Setting up direct deposit is one of the fastest ways to access your paycheck and may waive your monthly maintenance fee. Follow these steps to get started. Step 1: Find Your Account Details Log in to MyRMO (online or mobile app). Navigate to your checking account and select "Account Details." Your RMO routing number and account number will be displayed. You can also download a pre-filled direct deposit form from this screen. Step 2: Submit to Your Employer Provide your employer or payroll department with the following information: RMO Bank routing number (found in MyRMO) Your checking account number Account type: Checking Many employers accept the downloadable PDF form available…

What Checking Accounts Does RMO Offer?

RMO Bank offers four personal checking account tiers designed to fit every stage of your financial life. All accounts include a free debit card, access to MyRMO online and mobile banking, and no hidden fees. MyEveryday Checking — Our most popular account for day-to-day banking. Enjoy unlimited transactions, free bill pay through MyRMO, and easy direct deposit setup. The monthly maintenance fee is waived when you maintain a $500 minimum daily balance or set up a qualifying direct deposit. MyFirst Checking — Built for young adults ages 16–24 who are opening their first bank account. There is no monthly maintenance fee, no minimum balance requirement, and built-in spending insights through…

How Do I Open a Checking Account?

Opening an RMO checking account is straightforward and can be done entirely online through MyRMO or by scheduling an appointment with an Expert. To open online through MyRMO: Visit the RMO Bank website and select "Open an Account," or log in to your existing MyRMO profile. Choose the checking account tier that best fits your needs (MyEveryday, MyFirst, MySecure, or MyUltimate). Provide your personal information including full legal name, date of birth, Social Security Number (SSN), and current address. Upload a valid government-issued photo ID (driver's license, state ID, or passport). Fund your account with the required initial deposit. Minimum opening deposits vary by tier. Review…

What Are the Fees for RMO Checking Accounts?

RMO Bank believes in transparent, straightforward pricing with no hidden fees. Here is a summary of common checking account fees and how to avoid them. Monthly Maintenance Fee MyEveryday: $8/month — waived with a $500 minimum daily balance or a qualifying direct deposit of $250 or more. MyFirst: $0/month — no maintenance fee for eligible account holders ages 16–24. MySecure: $5/month — flat monthly fee with no waiver requirement. MyUltimate: $25/month — waived with a combined relationship balance of $25,000 or more. ATM Fees RMO-owned ATMs: Always free for all checking tiers. Out-of-network domestic ATMs: $2.50 per transaction for MyEveryday, MyFirst, and MySecure. MyUltimate…

How Do I Order Checks or a New Debit Card?

You can order personal checks or request a replacement debit card at any time through MyRMO. Ordering Checks Log in to MyRMO and navigate to your checking account. Select "Order Checks" from the account services menu. Choose your check style and quantity. Standard checks are complimentary for MyUltimate members; other tiers may have a small per-box charge. Confirm your mailing address and submit the order. Checks typically arrive within 7–10 business days. Expedited delivery is available for an additional fee. Requesting a New Debit Card Log in to MyRMO and go to "Card Management" under your checking account. Select "Replace Card" and choose the reason (lost, stolen, damaged, or…

How Do I Open a Business Checking Account?

Opening a business checking account with RMO requires a few additional documents compared to a personal account. Here is what to expect. Required Documents: Employer Identification Number (EIN) from the IRS (or SSN for sole proprietors without an EIN) Business formation documents (Articles of Incorporation, Operating Agreement, Partnership Agreement, or DBA filing) Valid government-issued photo ID for each owner with 25% or more ownership Business license or registration (if applicable in your state) How to Apply: Business checking accounts are opened by appointment to ensure all documentation is reviewed properly and your account is configured correctly for your business needs. …

What Business Checking Accounts Does RMO Offer?

RMO Bank offers four business checking account tiers designed to serve companies at every stage, from sole proprietors to large enterprises. BizStart Checking — For new businesses and sole proprietors. Includes 200 free transactions per month, no minimum balance, and a low monthly fee that is waived with a $1,500 average monthly balance. Full access to MyRMO business tools. BizGrow Checking — For growing small businesses. Includes 500 free transactions per month, free incoming wires, and cash deposit allowances up to $7,500/month before fees apply. Monthly fee waived with a $5,000 average balance. BizExpand Checking — For established businesses with higher transaction volumes. Includes…

Support

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FDIC Insurance. RMO Bank deposit accounts are FDIC-insured up to applicable limits ($250,000 per depositor, per insured bank, per ownership category). APYs and fees are accurate as of 2026-05-10 and are subject to change without notice. Fees may reduce earnings. See the deposit account agreement and rate sheet for full terms, conditions, and any applicable transaction limits.
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