Commercial Services

  • ACH Debit Origination

    ACH Debit Origination is an easy and cost-effective way of collecting payments such as rent and monthly dues. Red River Bank's Debit Origination service allows you to control timing of your receivables by scheduling onetime and recurring payments through Online Banking.

    Remote Express Deposit

    Remote Express Deposit provides a secure and convenient method of scanning and depositing your checks directly from your office location. Checks are deposited electronically to one or multiple accounts from various geographic locations if needed.

    Zero Balance Accounts (ZBA)

    Zero Balance Accounts allow independent operating accounts to be concentrated to a single account. Improves control over disbursements, collections and cash flow.

  • Streamline your finances and increase efficiency with our Commercial Online Banking. This secure service is designed to help you manage your Red River Bank accounts anywhere, anytime 24/7.

    • Real time balances
    • Transaction account history
    • Internal account transfers
    • Downloadable data
    • User customization
    • Optional dual authorization
    • Alerts
    • Stop Payments
    • E-statements

  • Zero Balance Accounts (ZBA)

    Zero Balance Accounts allow independent operating accounts to be funded from a single account. Improves control over disbursements, collections and cash flow.

    ACH Credit Origination

    Reduce expenses and fraud associated with issuing paper checks. Red River Bank's ACH Credit Origination service allows you the ability to offer direct deposit of payroll and expense reimbursement to employees and vendor payments. Pay state and federal taxes electronically or make electronic business payments to vendors or suppliers through Online Banking.

    Wire Transfers

    Wire Transfers are a quick and convenient way to send funds from your Red River Bank account to another person, business or financial institution through Commercial Online Banking.

  • Positive Pay

    Reduce the risk of check fraud with Positive Pay. With this service, you can submit an electronic file each day detailing the checks your business issues. As each check is presented for payment, the Positive Pay system electronically compares it to the information in your file. Any discrepancies are flagged and reported through our Commercial Online Banking, where you can see an image of the check and make an online payment decision.

    Partial Positive Pay

    With Partial Positive Pay, there is no need to create a file of issued checks for the bank. Instead, through our Commercial Online Banking you are provided with a daily file of paid item activity that you can compare against your database of issued checks and make the pay/return decision for each check.

    ACH Positive Pay

    ACH Positive Pay allows you to take control of your business account and monitor potential ACH fraud by filtering unauthorized ACH debit transactions. Red River Bank can block all or selective ACH debits to your accounts.

  • Bill Pay is our online bill payment service accessible through Online Banking allowing you to pay your bills, transfer funds between accounts, view and print account statements and export history to your software such as Quicken. You can sign up for bill pay at the time you enroll for online banking, or you can send a secure email from within online banking to the bank requesting access to our bill pay application. Bill Pay is free if it is used, but a $12 service charge will be applied if Bill Pay is not used.

  • Loan Sweep

    Use the loan sweep option to help manage your daily borrowing needs and reduce your interest expense. Link your checking account with a Red River Bank line of credit and use end-of-day collected balances to pay down your outstanding loan amount or borrow as necessary to maintain your defined target balance.

    Investment Sweep

    Excess funds are automatically moved on a daily basis from your checking account to your Investment Sweep Account, so your business earns a competitive, market-based interest rate to maximize the use and growth of your operating cash.

    Red River Bank offers two different types of Investment Sweep Accounts:

    • Insured Cash Sweep, which is FDIC insured
    • Federated Market Sweep, secured by government backed securities*.
    Speak to a Treasury Management Officer to determine which will best fit your needs.

    *Not FDIC insured, may lose value, not financial institution guaranteed, not a deposit, not insured by any federal government agency.