A Message from RBC Bank’s CEO
Choose RBC Bank.
Welcome to RBC Bank. We are proud to offer comprehensive cross-border banking solutions, expert advice beyond traditional banking, and a level of service and access to which you're accustomed as a client of RBC Royal BankTM.
At RBC Bank, we're always working to improve your cross-border banking experience with new banking options and more convenient access points. In addition to valuable services such as checking accounts featuring free and instant cross-border transfers1 and Online Banking & Bill Pay with a single sign-in, we're pleased to offer:
- Mortgages2 (including non-recourse mortgages)
- ATM deposit options including access to thousands of no-fee ATMs and our U.S. Remote Deposit capability
- Personal lines of credit
- U.S. credit and debit cards
- Home equity lines of credit3
- Savings accounts
- U.S. business banking
I'd like to take this opportunity to thank you for considering RBC Bank. We are committed to meeting all your U.S. banking needs with the level of expertise, service, and convenience you've come to expect from RBC.
Chief Executive Officer
Cards subject to approval.
1 Maximum transaction limits apply and are subject to change. Availability of the money will depend on the time it is sent from RBC Royal Bank or RBC Bank. Transaction may not appear on your RBC Bank (U.S.) account transaction history until the following day but will reflect the date of the transfer.
2 All loans and lines of credit are subject to approval, including verification of acceptable income, creditworthiness, and property valuations. Minimum and maximum property values and maximum loan-to-value ratios apply. Homeowner’s insurance is required for all loans and lines, and flood insurance is required if property is located in a Special Flood Hazard Area. Escrows may be required. There are closing costs associated with these products.
3 All lines and loans are subject to approval, including verification of acceptable income, creditworthiness, and property valuations. Minimum and maximum property values and maximum loan-to-value rations apply. Equity Line and corresponding APR will be priced using a base rate of prime rate (as published in The Wall Street Journal, Eastern Edition, on the 25th day of the month.) Current rate is 3.50% as of December 17, 2015, plus or minus a margin disclosed at the time of application. Rates are subject to change based on changes in the Prime Rate, but will not exceed 18%. Paying the minimum payment may result in a balloon payment when the line matures. In addition to a 1/2% Origination Fee (with a $500 minimum and $2,000 maximum) due at origination and a $50 annual fee, third party closing costs (vary by state) may range from $900 to $9,000. Home Equity Line of Credit not offered for properties in Texas. Traditional mortgages are offered in all 50 states.