Premium checking designed for larger balances.
More protection. More earning potential. One local banking relationship.
Redwood Reserve Checking combines the convenience and flexibility of an everyday checking account with competitive interest and automated access to the IntraFi® network - helping you keep larger balances liquid, productive and easier to manage.
Account Features & Benefits
Earn Interest
Make more of your larger balances with a variable interest rate.
- Interest compounds daily
- Interest paid monthly
- Minimum balance to earn interest: $10,000
Keep Your Funds Liquid
Maintain convenient access to your money while eligible excess funds can be swept through the IntraFi® network.
Expanded FDIC Insurance Eligibility
Access millions of dollars in aggregate FDIC insurance coverage on eligible funds placed at participating FDIC-insured banks through the IntraFi network.*
Automatic Sweep Convenience
Eligible excess balances are automatically swept through the IntraFi network. When funds are needed in your Redwood Reserve Checking account, they automatically sweep back.
Sophisticated cash management without the complicated cash management.
Unlimited Check Writing
Enjoy the flexibility of unlimited check writing for your everyday banking needs.
Free Corporate Image Checks
Receive corporate image checks at no charge with your Redwood Reserve Checking
account.
Free Cashier’s Checks
No RCB fee for cashier’s checks.
ATM Access
Redwood Capital Bank does not charge a foreign ATM fee when you use a non-RCB
ATM.
The ATM owner or other ATM network may assess a separate usage or surcharge fee.
Free Notary Service
Complimentary notary service is available to Redwood Reserve Checking customers.
Digital Banking — Two Convenient Ways to Stay Connected
Redwood Capital Bank Online Banking - FREE
Manage your everyday banking relationship through Redwood Capital Bank’s Online Banking.
IntraFi® Depositor Control Panel - FREE
Access IntraFi’s Depositor Control Panel (DCP) online to view information about funds
placed through the IntraFi network, including where funds are being held.
Account SpecificationsFeatureRedwood Reserve CheckingMinimum Opening Balance$250,000Minimum Balance to Earn$10,000Interest RateVariable RateInterest CompoundingDailyCheck WritingUnlimitedCorporate Image ChecksFreeCashier’s ChecksFreeRCB Foreign ATM FeeNone¹Notary ServiceFreeRCB Online BankingFreeIntraFi Depositor Control PanelFreeLiquidityYesIntraFi® SweepAutomatic
¹ Redwood Capital Bank does not assess a foreign ATM fee; however, the ATM owner or other ATM network may assess a separate usage or surcharge fee.
Big-bank capabilities. Your local banking relationship.
With Redwood Reserve Checking, you can put larger balances to work while maintaining convenient access to your funds and the personal service of the Redwood Capital Bank team you know and trust.
Ask a Redwood Capital Bank representative about Redwood Reserve Checking today. Specific option available for entities who receive public funds.
IntraFi® Disclosure
*Deposit placement through the IntraFi® service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits placed through an IntraFi service at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks, subject to applicable limits and requirements. Certain conditions must be satisfied for pass-through FDIC deposit insurance coverage to apply.