Business Banking

Red River State Bank has a wide variety of products and services that will help make your business more successful.

Checking Accounts
 

Simple Business Checking

Business Checking
Description Ideal for small businesses with limited check writing needs Ideal for complex businesses with high transaction activity
Minimum to Open $10.00 $100.00
Minimum Balance Requirement None None
Free Internet Banking X X
Free Mobile App X X
Free Mobile Check Deposit X X
Free E-Statements X X
Free 1st order of Bank Style Checks or Free Debit Card X  
Cash Management Module Available   X

* For more details please speak to your local bank representative
Savings Accounts
 

Savings

Money Market
Description Interest earning account with no minimum balance requirement Premium interest rates with minimum balance requirements
Minimum to Open $10.00 $1,000.00
Minimum Balance Requirement None $1,000.00
Interest Earning X X
Free Internet Banking X X
Free Mobile App X X
Free Mobile Check Deposit X X
Free E-Statements X X


*For more details please speak to your local bank representative

Business & Agricultural Loans

Red River State Bank offers Agricultural and Commercial loans with a full range of terms to meet your specific needs. Please call or stop in for specific details. We would be happy to visit with you. 

Commercial & Agricultural Real Estate Loans  
Red River State Bank can provide financing to purchase or refinance your commercial or agricultural real estate or provide loans for acquisitions or expansion of your business or farm. We offer long term fixed rate and variable rate loans at very competitive rates.  

Commercial & Agricultural Lines of Credit  
Working capital lines of credit are available on a revolving basis to finance your inventory, crop or livestock inputs, or other short term financing needs.

Term Financing  
Term loans are available for various purposes, including acquisitions, equipment financing and livestock financing. We can tailor the down payment and terms to fit the needs of your operation.

Small Business Administration (SBA) Loans  
As a SBA Lender, Red River State Bank is able to finance commercial projects that may not qualify under other bank programs or our normal Bank loan policies.

Farm Service Agency (FSA) Loans  
Red River State Bank is a Certified Lender for the USDA/Farm Service Agency. We are proud to offer FSA guaranteed loans.

The security of your personal information is a top priority for us. We are committed to helping you keep your identity and information secure. We respect your financial privacy and comply with laws and regulations designed to secure that privacy. Our employees are bound by a code of ethics requiring confidential treatment of customer information. We maintain physical, electronic and procedural safeguards that comply with federal standards to guard your nonpublic personal information.