FDIC Insured. Backed but the full faith and credit of the U.S. Government =

Fee Schedule


Personal Savings Accounts

Basic Savings

Monthly service charge

The minimum daily balance to avoid a monthly service charge is $300.00. An additional $2.00 service fee is applicable for paper statements.

$5.00*
Money Market Savings

Monthly service charge

The minimum daily balance to avoid a monthly service charge is $1,000.00.

$10.00*
Minor Savings

Monthly service charge

None Until age 18
IRA/Savings (existing IRA customers)

Annual fee per plan

$10.00
IRA/CD Account (existing IRA customers)

Annual fee per plan

$10.00


Personal Checking Accounts

Redwood Checking

Monthly service charge

The minimum daily balance to avoid a monthly service charge is $500.00 or direct deposit. An additional $2.00 service fee is applicable for paper statements.

$8.00
Platinum Plus

Monthly service charge

The minimum daily balance to avoid a monthly service charge is $10,000.00.

$25.00
Capital Checking

Monthly service charge

The minimum daily balance to avoid a monthly service charge is $500.00 or direct deposit.

$10.00
Health Savings Account

Annual fee per account

$20.00


Business Accounts

Business Checking

Monthly service charge

The minimum daily balance to avoid a monthly service charge is $1,000.00. Transactions are limited to 100 per statement cycle - $0.35 per transaction over the limit. An additional $2.00 service fee is applicable for paper statements.

$10.00
Business Interest Checking

Monthly service charge

The minimum daily balance to avoid a monthly service charge is $2,500.00. Transactions are limited to 200 per statement cycle - $0.35 per transaction over the limit.

$15.00
Business Analysis Checking

Monthly service charge

The minimum daily balance to avoid monthly service charge - Analysis -

$10.00**
Remote Deposit Capture

Monthly service charge

12-month contract is required. $250.00 early cancellation fee.

$40.00
Business Savings

Monthly service charge

The minimum daily balance to avoid monthly service charge is $500.00. An additional $2.00 service fee is applicable for paper statements.

$10.00*
Business Evergreen Money Market

Monthly service charge

The minimum daily balance to avoid a monthly service charge is $5,000.00.

$15.00*


Bank Service Charges/Fee Schedule

Account Balance and Research
$35.00 Per hour/1 hour min.
ACH Monthly Fee Non-Prefunded
$25.00 Per Month
ACH Monthly Pre-Funded
$15.00 Per Month
ACH Reject Fee
$7.50
Cashiers/Official Check
$5.00
CD Early Withdrawal Penalty
$20.00
Check Cashing Fee  (non-customer/non-RCB check)
$10.00
Check Collection  (Domestic/Incoming/Outgoing)
$10.00
Check Collection  (international/Incoming/Outgoing)
$10.00
Courier Service/Business only

Part-time (1-2x per week or on call)

$35.00 per month
Courier Service/Business only

Full-time (3-5 x per week)

$60.00 per month
Counter Checks
$0.50 per
Debit Card Replacement Fee
$5.00
Domestic Wire Transfer  (Incoming/Outgoing)
$15.00
Early Account Closing  (Less than 3 months)
$25.00
Express Delivery for Debit Card

(new/replacement)

$50.00 minimum
Foreign ATM Usage Charge
$50.00 per transaction
Foreign Transactions, Currency or Checks
$20.00
Foreign Check Return
$25.00
International Wire Transfer  (Incoming/Outgoing)
$25.00
IRA Annual Fee  (Incoming/Outgoing)
$10.00
IRA External Transfer/Closing per IRA Plan

(existing IRA customers)

$20.00
Item Copy
$5.00
Loose Coin Service
5% of amount counted
Non-Sufficient Funds (NSF) Fee - Item Returned
$35.00****
Notary Fee for Non-Redwood Capital Bank Documents

Fee per Notary Stamp or Oath

$15.00***
Overdraft Fee - Item Paid
$35.00****
Public Funds

Monthly service charge will be assessed when combined Public Funds monthly account balance(s) average is over 1 million ($100.00 fee per million)

$100.00 per million, per month
SafePoint TM Processing Fee
$35.00****
Statement Copy
$5.00
Stop Payment
$25.00
Tax Levy/Garnishment
$100.00


Business Analysis Fees

ACH Credits
$0.05 per
ACH Debits
$0.05 per
Checks Paid
$0.20 per item over 100
Coin Supplied
$0.15 per roll
Currency Deposited
$0.65 per 1000
Currency Supplied
$0.65 per 1000
Deposited Item(s)
$0.07 per item
Deposits Made
$0.50 per


Safe Deposit Box (Annual Fees)

3 x 5
$30.00
5 x 5
$40.00
5 x 10
$60.00
10 x 10
$100.00
Key Deposit
$20.00
Late Payment Fee
$10.00
Lock Drilling
$200.00 minimum




* An additional $5.00 activity fee will apply for each transaction over the limit of six.

** Analyzed account fee based on activity. Earnings allowance may offset activity and service charges.

*** Non-bank documents are only notarized for Redwood Capital Bank customers at bank discretion.

****Maximum daily Non-Sufficient Funds (NSF) or Overdraft Fee - five items paid or returned, up to $175.00. If the item overdrawing your account is $35.00 or less, or if your account is overdrawn $35.00 or less, no fee will be charged. Returned items may be represented multiple times.

Some service charges will be waived if minimum account balances are met. All bank fees/charges are subject to change. Effective December 1, 2024.