Personal Banking

Business Banking

Basic Business Checking

Ridgewood offers account services and the personalized attention you need to help make managing your business a little easier. For as little as a $1,000.00 initial deposit, you can open a Basic Business Checking account. Visit any location and ask for the banking resolution for this account. It outlines the additional terms and conditions that apply.

Better Business Accounts

Ridgewood Savings Bank wants to help you reach your business goals and assist you with day-to-day operations. Our Better Business services are designed to let you spend less time on your banking and more time on your business.

Better Business Checking

Our Better Business Checking Account is designed to meet your everyday business needs. You’ll enjoy free transfers* between Ridgewood Business Accounts and no fee for each deposited check. Plus, each month you’ll receive:

10 Free Deposits
10 Free ACH Deposits
10 Free Withdrawals
10 Free Checks
10 Free Bill Pays
Free Online Banking
Free Ridgewood ATM Card** or Debit MasterCard® ***
Free Telephone Banking

If you maintain an average monthly balance of $15,000 or more in your Business Checking Account, you’ll enjoy no monthly maintenance fee. Balances maintained in your Business Checking Account will be analyzed monthly to provide you earnings credits that may offset service charges. You will receive a credit of $0.15 per $100 on deposit, minus reserve**** requirements. The monthly account analysis will be mailed to you.

* Unlimited withdrawals are generally permitted in person or by mail. However, the bank is required to limit the number of transfers from your savings account, including automatic, telephone, computer and pre-authorized transfers, to no more than six per monthly cycle.
** Certain fees may be imposed by operators of an ATM other than Ridgewood Savings Bank.
*** Debit MasterCard® is subject to certain restrictions.
****Reserve = Average Monthly Balance x $0.12 + $1,000.

Better Business Savings Account

Open a Better Business Savings Account and you’ll enjoy total liquidity and earn a competitive interest rate. Link it to your checking account and you’ll be able to transfer* idle funds from checking into an interest-bearing account via Free Online Banking or Telephone Banking.