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BankingManage your day-to-day finances to meet the demands of your lifestyle.Customized Life PlanningTo ensure that your day-to-day finances run smoothly, we’ll match our full range of banking services to your individual requirements.
Customized Life Planning™ ApproachOur Customized Life Planning™ approach is how we distinguish ourselves from the competition. As a client of Radnor Trust Company, you’ll have access to all of your accounts from a single website. This could include your checking and savings accounts, mortgage, credit cards and associated reward programs such as frequent flyer award points, personal loans and investments including mutual funds, individually managed accounts as well as individual stock holdings. Through innovative technology, your account information is aggregated, providing you the ability to see your total financial picture in a single snapshot. It’s the reason we can offer you more thoughtful banking solutions to your individual circumstances. Convenience RedefinedTo help manage the cash you keep available to meet your everyday needs, we offer Internet Banking and On-Line Bill Payment. Check your account balances, transfer funds, or pay bills from the comfort of your home or office, 24 hours a day, 7 days a week. Instant Access to Your FundsYour Radnor Trust Visa® Check Card gives you instant access to your funds where and when you need it. Use it instead of a check anywhere Visa® is accepted. Deposit SolutionsThere are no minimum balance requirements and no monthly maintenance fees for our personal and business checking accounts, plus they offer the flexibility of unlimited check writing. To keep your money growing, we offer interest checking accounts and a checking account sweep feature. The sweep feature moves available cash balances into a higher interest bearing account on a daily basis so your money is always working. Savings accounts, money market accounts, and CDs are great vehicles for accumulating funds. These accounts offer competitive interest rates and all are FDIC-insured. Individual retirement accounts are also available and allow you to save for retirement with tax-deductible contributions.* *Consult your tax advisor for eligibility. Credit SolutionsWhen you need financing, we have several flexible lending options to consider from lines of credit and loans secured by investments to mortgages and even unsecured loans—all at competitive rates. When you become a client and make a loan inquiry, you will be pre-qualified for a lending amount one time, so you won’t have to fill out any applications. Getting the money you need can be as simple as making a phone call or writing a check. That means you can spend more time getting down to business or relaxing with your family, your friends and your special interests. Treasury Management SolutionsFor your business, we offer a number of Treasury Management solutions to help you better manage your cash and maximize the interest you earn. One of our newest services, remote check deposit, is a fast, easy and secure way for business clients to make check deposits into their account without ever leaving their home or office. Your Radnor Trust Company Relationship Manager is your single point of contact for all of your wealth management needs. Your manager will coordinate a team of specialists focused on you, your family and your goals. We welcome the opportunity to understand your priorities, passions and concerns and to help organize and simplify your life issues. Banking ServicesChoosing the right account is where smart money management begins. To ensure that your day-to-day finances run smoothly, we’ll match our deposit account and credit solutions to your individual requirements. Our checking, savings, money market and credit solutions offer the convenience and access you need to meet the demands of your lifestyle. To help you manage the cash you keep available to meet your everyday needs, we offer Internet Banking and Bill Payment. Check your account balances, transfer funds or pay bills from the comfort of your home or office, 24 hours a day, 7 days a week. Our account consolidation capabilities are just one way we distinguish ourselves from the competition. Through Radnor Trust Company’s website, you’ll have access to all of your accounts from a single source. You will be able to see your total financial picture in a single snapshot no matter where the account resides. This could include your checking account, mortgage, credit cards, and personal loans and reward programs such as frequent flyer miles. Others could include savings and investments including mutual funds and individually managed accounts and individual stock holdings.
CheckingThere are no minimum balance requirements and no monthly maintenance fees for our personal and business checking accounts, and they offer the flexibility of unlimited check writing. Instant access to your accounts is available through your Radnor Trust Visa© Check Card. You can use it instead of a check anywhere Visa© is accepted. We know that making your money work as hard as you do is important. That is why we offer interest checking accounts and a checking account sweep feature. The sweep feature moves available cash balances into a higher interest-bearing account each day so your money is always working for you.
SavingsPreferred personal and business savings accounts are great vehicles to accumulate funds. First and foremost, your money earns interest. You can elect to have regular deposits to your savings from your checking account or arrange to have payroll, pension, and government checks deposited directly into your account for added safety and convenience. *Radnor Trust Company Saving Accounts have no minimum opening deposit or minimum balance requirements and no monthly maintenance fees, and your money is FDIC-insured. A Health Savings Account can also help you pay current and future medical expenses. You contribute pre-tax dollars to the account and withdraw the money tax-free for qualified medical expenses.
*Transaction limits apply. Money MarketOur Personal and Business Money Market Accounts offer you competitive interest rates, compounded monthly. The higher your balance, the higher the interest rate you will earn—and your money is FDIC-insured. You can access your money when you need it by ATM or writing a check*. For your added convenience, we can attach your money market account to your Radnor Trust Company Visa© Check Card so you can use it to pay wherever Visa© is accepted.
*Transaction limits apply. Individual Retirement AccountsIRAs are accounts that help you save for your retirement with tax-deductible contributions*. At retirement, Traditional IRA contributions and investment earnings become taxable income as they are paid out. Traditional, Roth and Education IRAs are all available through Radnor Trust Company. Your relationship manager can explain the differences and help you determine which one is right for you.
*Consult your tax advisor for eligibility. Certificates of DepositCDs are a safe and predictable means for creating a secure financial future. FDIC-insured CDs return a fixed interest rate over a fixed term, which can range anywhere from seven days to ten years. There is a minimum opening deposit requirement of $2,500 for terms less than one year. There is a minimum opening deposit requirement of $500 for terms one year or greater. Your rate of return is based on the length of the term you choose.
Home Equity Lines and Lines of CreditOur lending services feature competitive rates, flexible terms and quick turnaround. You want to know that money is available to you when life throws you an unexpected curve or you must react to a situation quickly. We also offer several types of loans to supply you with the financial resources to cover large purchases or expenses. Because home equity lines of credit are secured by a borrower’s residential property, you’ll find that interest rates are typically lower than other types of loans, you can borrow a higher amount, and interest may be tax-deductible.** Home equity lines of credit are flexible and once your credit line is established, you may never have to apply for a loan again. When you need money, draw on your line of credit simply by writing a check. Think of it as your cash reserve for emergencies or rare opportunities on which you pay interest only on the borrowed amount. Your relationship manager can provide more details, including current competitive rates, terms and conditions.
Back to top MortgagesRadnor Trust Company mortgage solutions will help make the home of your dreams a reality. We offer a range of fixed- and adjustable-rate mortgages at competitive rates along with a variety of maturities and flexible repayment schedules. If you plan to stay in your home for more than five years, expect your income to remain at about the current level, or expect interest rates to rise, a fixed-rate mortgage may be your best choice. This type of mortgage will provide you peace of mind knowing that your payment and interest rate are fixed for the life of the loan. If you expect to be in your home for a short time, anticipate your income will rise or need a larger loan than you can qualify for at a fixed rate, an adjustable rate mortgage may be the best solution for you. The lower initial interest rate and payment may allow you to afford more house for your money. Beginning with the year after the initial period, the interest rate and corresponding payment is adjusted annually. This gives you the opportunity to make smaller payments now, with an increase in payments later as your income increases.
Business Line of CreditA business line of credit can be an excellent vehicle for maintaining a healthy cash flow and managing a successful business. It can help your business meet its short-term working capital needs such as purchasing increased seasonal inventory or covering unforeseen operating expenses. The credit limit available to you will depend on your business’ past revenues and projected cash flows. A business line of credit is priced at a competitive rate and has no fixed payment terms. You can make monthly interest only payments while your business grows or monthly principle and interest payments. You may pay off the loan in full at any time without penalty prior to the maturity date.
Cash Management ServicesOne of the soundest pieces of financial advice is to spend less than you earn. Cash management services can help you do that by better managing your cash and maximizing the interest earned on business checking and savings accounts. In addition to Business Account Analysis Checking, courier pick up and sweep services, we offer lockbox services, zero balance accounts, ACH, account reconciliation, positive pay and remote deposit services (our very own “bank in a box” service that allows you to deposit checks right from your office/home). Find out how your money can work harder for your business by contacting one of our relationship managers and asking about our Treasury Management solutions.
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Federated funds are not insured by the FDIC
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