Business Banking Advantages
Ridgewood offers a full line of Business Banking products designed to save you time, boost your productivity and help your business grow. Whether you need a great rate business money market account, a more powerful checking account, merchant services for customer payments or a business loan targeted to your needs, we have financial products and services for every stage of your business's growth.
Business Money Market Account
Hard work and persistence keeps your business moving forward, and to ensure your business savings is moving at the pace you require, we have the solution. With a Ridgewood Savings Bank Business Money Market Account, your reserve funds will be as productive as your business with the great rate that we offer. Our Business Banking Team is ready to help show you the difference. Open your new account with a minimum deposit requirement of $10,000 and you’ll enjoy:
- A great rate of 2.00%APY on balances up to $5,000,000*
- The monthly maintenance charge of $15 is waived on accounts that maintain an average daily balance of $10,000 or more
For more information, email us or call our Business Banking Team at (844) 772-4722.
*Annual Percentage Yield (APY). Balances of $5,000,000.01 and over receive a rate of 0.25% and APY of 0.25%. Rates and terms are subject to change without notice. Rates are effective as of 2/16/2024. Fees may reduce earnings.