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 1,500 free transactions, free incoming and outgoing domestic wires, cash deposit allowances up to $20,000/month, and a dedicated account Expert. Monthly fee waived with $25,000 average balance.
BizEnterprise Checking — For large businesses and corporations. Unlimited transactions, no cash deposit fees, integrated treasury management, commercial payment solutions, and a dedicated relationship manager. Custom pricing based on business needs.
All business checking accounts include a business debit card, access to MyRMO with business-specific tools, and the ability to manage employee access and permissions.
To open a business checking account, schedule an appointment through MyRMO or by calling us to speak with an Expert.