RCB Bank Services and Products Overview

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RCB Bank offers a range of services and products to cater to the diverse needs of its customers.

RCB Bank's product portfolio includes current accounts, savings accounts, and fixed deposits.

For individuals, RCB Bank provides a range of account options, including a Student Account designed specifically for students.

RCB Bank's online banking platform allows customers to manage their accounts, pay bills, and transfer funds with ease.

Bank Services

RCB Bank offers a range of bank services that cater to different customer needs. Their services include online banking, mobile banking, and phone banking.

You can manage your accounts, pay bills, and transfer funds easily with their online banking service. This service is available 24/7, making it convenient for customers to access their accounts from anywhere.

Their mobile banking app allows customers to perform various transactions, view account statements, and receive notifications on their mobile devices. The app is available for both iOS and Android devices.

On a similar theme: Td Bank Mobile Banking App

Branching Out with Acquisitions

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Branching out with acquisitions is a smart move for banks looking to expand their reach. RCB, Oklahoma's sixth-largest Oklahoma-owned bank, has done just that by acquiring SpiritBank's seven branches in Tulsa, Sapulpa, and Bristow.

The deal, pending regulatory approval, will give RCB 60 to 70 new employees, depending on how many SpiritBank workers choose to stay. This will bring the total number of RCB workers to around 650.

RCB's President and CEO Roger Mosier sees this acquisition as a great opportunity to extend its full-service community-style banking to new areas. The acquired branches will offer a wide range of services, including free consumer checking and small-business cash management.

The acquisition will also help RCB to gain a stronger foothold in the Oklahoma market. With 33 existing locations in Oklahoma and Kansas, RCB is well-positioned to take advantage of the growing demand for banking services in the region.

SpiritBank, on the other hand, will focus on its niche markets, including mortgage, insurance, and investment divisions. The bank plans to roll out a virtual branch in April, using a mobile banking app and other electronic banking features.

Curious to learn more? Check out: Banks and Banking Services

Savings Account

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The savings account offered by RCB Bank is a standard option with some notable requirements. To open it, you'll need to deposit at least $100.

One of the key features of this account is the access you'll have to it. You can manage your savings online, use your mobile device, visit ATMs, or stop by physical branches.

Security is also a top priority, with FDIC insurance covering your deposits up to the maximum allowed by law. This provides a level of protection for your money.

A monthly fee of $5 applies to this account, but you can avoid it by maintaining a $25 minimum daily balance.

Certificate of Deposit (CD)

RCB Bank offers a variety of Certificate of Deposit (CD) options to help you save for the future.

You can open a CD account with a minimum deposit of $1,000.

RCB Bank's CDs are FDIC insured up to the maximum amount allowed by law, providing a secure place for your savings.

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The bank offers no monthly fee for its CDs, although early withdrawal penalties may apply.

RCB Bank's CD terms range from 30 days to 60 months, giving you flexibility to choose a term that fits your savings goals.

The best CD rates are available for longer terms, starting at 15 months.

RCB Bank offers three types of CDs: Fixed, Variable, and Pop-Up, each with its own benefits and drawbacks.

Here's a comparison of the three types:

RCB Bank also offers CDARS participation, which allows you to make larger CD deposits, up to $50 million, and still be FDIC insured.

Money Market Account

A money market account can be a great option for those who want to earn higher interest rates while still having easy access to their money. You can open a money market account with RCB Bank, which offers more flexibility than their savings account.

To open a money market account, you'll need to deposit at least $2,500. This will waive the monthly fee, which is $10 otherwise.

Explore further: Open Banking Platform

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With a money market account, you can access your money online, mobile, ATMs, and even physical branches. This is more convenient than a savings account, which may have limited access.

Your money is also protected by FDIC insurance, which covers up to the maximum amount allowed by law.

There is a limit on withdrawals, however - six per statement cycle. After that, each withdrawal or debit purchase will cost $5 each.

Financial Information

RCB Bank has a strong financial foundation with $3.99 billion in assets and $2.26 billion in loans according to the FDIC.

Its customer deposits total $3.29 billion, providing a stable source of funds for the bank.

The Texas Ratio is an important indicator of a bank's ability to protect deposits, and RCB Bank's score of 4.26% is excellent.

Banks with a Texas Ratio close to 100% show poor reliability, making RCB Bank a reliable choice.

Here are some key financial statistics for RCB Bank:

Investing and Jobs

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The average salary at RCB Bank varies greatly depending on the job title, ranging from $41,271 for a Lead Teller to $329,619 for a Senior Vice President & Chief Information Officer.

If you're considering a career at RCB Bank, it's worth noting that the highest paying job titles are typically in leadership positions, such as Senior Vice President and Senior Vice President & Chief Information Officer.

Here are some job titles and their corresponding average salaries at RCB Bank:

Investing at RBC

Investing at RBC is a straightforward process that can be done online or through a financial advisor. RBC offers a wide range of investment products, including mutual funds, exchange-traded funds, and stocks.

Their online platform allows you to trade and manage your investments at any time, making it easy to stay on top of your portfolio. You can also set up automatic investments to make regular purchases of your chosen investments.

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RBC's financial advisors can provide personalized advice and guidance to help you make informed investment decisions. They can also help you create a customized investment plan tailored to your goals and risk tolerance.

RBC offers a variety of investment accounts, including Registered Retirement Savings Plans (RRSPs) and Tax-Free Savings Accounts (TFSAs). These accounts can help you save for long-term goals, such as retirement or a down payment on a house.

See what others are reading: Commercial Banks vs Investment Banks

What's an Item Processor's Salary?

An Item Processor's salary can vary significantly based on factors such as geographic location and departmental budget.

As of March 2025, the average annual salary for an Item Processor at Rcb Bank is $54,099, which translates to approximately $26 per hour.

Salaries for Item Processor at Rcb Bank typically range from $47,289 to $62,865, reflecting the diverse roles within the company.

Years of experience, specific skill sets, educational background, and relevant certifications are key determinants of an Item Processor's salary.

Understanding these variables is essential for a more tailored salary estimate, as individual qualifications can greatly impact compensation for this role.

Check More Job Info

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If you're considering a career in banking, salaries can vary significantly depending on the role.

Administrative roles like Administrative Assistant III and Administrative Loan Assistant tend to have lower average salaries, around $63,893 and $53,138 respectively.

Senior leadership positions, such as Senior Vice President, can command much higher salaries, up to $215,522.

Some roles, like System Analyst, require specialized skills and can pay upwards of $103,718.

Here's a breakdown of some average salaries in banking:

Keep in mind that salaries can vary depending on factors like location and experience.

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

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