Why Choose Byron Bank’s Business Money Market?
Your cash reserves shouldn’t sit idle. Our new Business Money Market account is designed to help businesses like yours grow savings while keeping funds accessible. You’ll earn a competitive rate with no lock-ins, and we can even set up an automatic sweep from your business checking so extra balances transfer automatically.
Competitive Interest
Earn more than a standard savings account.
Flexible Access
No long-term lock-ins, funds remain liquid.
Secure
FDIC insured for peace of mind.
Automated Sweeps
Extra balances move from checking into your money market automatically, so your money is always working harder.
Automated Sweep: Growth on Autopilot
Running a business is busy enough, let us do the heavy lifting. With our sweep feature, you can link your Byron Bank Business Checking and automatically transfer excess balances into your Business Money Market. Not only will this help give you higher earnings, but we’ll help you set up an automatic sweep, so your money moves seamlessly between accounts.
Byron Bank Business Money Market Tiers
Our Business Money Market offers a competitive rate designed to help your excess funds earn more while staying accessible.
$0-$24,999.99 - 1.38% APY*
$25,000-$49,999.99 - 2.40% APY*
$50,000-$99,999.99 - 2.66% APY*
$100,000-$199,999.99 - 2.91% APY*
$200,000 and over - 3.17% APY*
This is a variable rate account, and the rate and APY may change at any time after account opening.
Byron Bank is Your Ideal Small Business Partner
Business Checking
Choose from a variety of business checking accounts designed to suit your business size and transaction volume. Enjoy convenient features like online banking and mobile deposit.
Business Loans
Whether your need is funding to start or grow your business, we offer a range of flexible loan options with competitive rates and terms. Our experienced lenders will work with you to find the right solution for your needs.
Cash Management
Optimize your cash flow and streamline your financial operations with our Cash Management Services. With Remote Deposit Capture, Positive Pay, and ACH Originations, we have the tools to help your business succeed.
Merchant Services
Enhance customer satisfaction and boost sales with our Merchant Services partner, Wind River Financial. Able to easily accept all business payments, whether in-store, online, by phone, by mail or in the field.
Your Money. Your Move. Your Growth - On Autopilot.
Are you ready to grow your business savings? Flexible, secure, and designed for local businesses like yours. Visit any one of our locations or call us at 815-234-2561 to open your Business Money Market Account today.
*APY = Annual Percentage Yield. APY and rate tiers are accurate as of 12/01/2025. APY may change at any time before or after an account is opened. You must maintain the minimum balance needed for each tier to earn the interest rate: Tier 1 - $0-$24,999.99; Tier 2 - $25,000-$49,999.99; Tier 3 - $50,000-$99,999.99; Tier 4 - $100,000-$199,999.99; Tier 5 - $200,000 and over. Interest will be compounded daily and credited to your account monthly. Maximum six debit transactions per monthly statement cycle by check, debit card, online banking, electronic transfer or payment to a third party. A Service Charge of $25 will be applied for going over the six debit transactions per monthly statement cycle. A Service Charge of $10 will be applied if the balance falls below $5,000 any day of the statement cycle. Speak to a banker about current deposit rates, or disclosures on rates. Fees could reduce earnings on the account. FDIC insured to the maximum allowed by law. Member FDIC.