Business Accounts
Byron Bank understands you need the right business checking and savings accounts to help your business run smoothly. We are here to help you manage your business finances.
Business Checking Accounts
Please check out our different accounts tailored to your business needs.
Small Business Checking*
A non-interest bearing account for businesses with low volume transactions.
- Minimum to open
- $100.00
- Item Fee
First 150 transaction items free. After, 150, $.25 per transaction item will be charged.
- Service Charge Fee
- N/A
- Interest Earned or Earnings Credit
- N/A
- Visa Debit/ATM Card
Card issue $8.00.
Card replacement $10.00.
Card PIN reset $5.00.
ATM, Non Byron Bank $1.00.- Statements
E-Paper Statements Free.
Paper Statement $5.00 (monthly).
Special Handling $5.00 (monthly).
Statement on Disk $20.00 (annual).
Business*
You will earn credit on this account. The credit will be applied to reduce monthly fees.
- Minimum to open
- $100.00
- Item Fee
Per check written $0.12
Per transit check $0.09
ACH Electronic Debit $0.09
Returned Check $5.00- Service Charge Fee
- $5.00 per month
- Interest Earned or Earnings Credit
- Credit is calculated on the average daily balance and is earned at a variable rate. Only to offset fees.
- Visa Debit/ATM Card
Card Issue $8.00
Card replacement $10.00
Card PIN reset $5.00
ATM, Non Byron Bank $1.00- Statements
E-Statements Free
Paper Statement $5.00 (monthly)
Special Handling $5.00 (monthly)
Statement on Disk $20.00 (annual)
Incorrect Address Fee $5.00 (monthly)
Business + Interest*
You will earn credit on this account. The credit will be applied to reduce monthly fees. If earnings credit exceeds the fees, your account will be credited the excess.
- Minimum to open
- $100.00
- Item Fee
Per check written $0.12
Per transit check $0.09
ACH Electronic Debit $0.09
Returned Check $5.00- Service Charge Fee
- $8.00 per month
- Interest Earned or Earnings Credit
- Interest is calculated on the average daily balance and is earned at a variable rate to offset fees. Excess is credited to account.
- Visa Debit/ATM Card
Card Issue $8.00
Card replacement $10.00
Card PIN reset $5.00
ATM, Non Byron Bank $1.00- Statements
E-Statements Free
Paper Statement $5.00 (monthly)
Special Handling $5.00 (monthly)
Statement on Disk $20.00 (annual)
Incorrect Address Fee $5.00 (monthly)
Business Money Market*
A tiered interest bearing account.
- Minimum to open
- $2,500.00
- Item Fee
An excess debit fee of $9.00 will be charged if more than six (6) preauthorized withdrawals are made per statement cycle.
- Service Charge Fee
- $9.00 per month if balance falls below $2,500.00
- Interest Earned or Earnings Credit
- Interest is compounded and credited monthly. $2,500.00 required to earn interest.
- Visa Debit/ATM Card
Card Issue $8.00
Card replacement $10.00
Card PIN reset $5.00
ATM, Non Byron Bank $1.00- Statements
E-Statements Free
Special Handling $5.00 (monthly)
Statement on Disk $20.00 (annual)
Incorrect Address Fee $5.00 (monthly)
Business Savings Accounts
Please check out our different accounts tailored to your business needs.
Business Savings*
An interest bearing account that offers access to your funds without penalty.
- Minimum to open
- $100.00
- Item Fee
N/A
- Service Charge Fee
- $5.00 per quarterly statement if balance falls below $100.00
- Interest Earned or Earnings Credit
- Interest is compounded and credited quarterly. $100.00 required to earn interest.
- Visa Debit/ATM Card
Card Issue $8.00
Card replacement $10.00
Card PIN reset $5.00
ATM, Non Byron Bank $1.00- Statements
E-Statements Free
Special Handling $5.00 (monthly)
Statement on Disk $20.00 (annual)
Incorrect Address Fee $5.00 (monthly)
Business Investor Savings*
A tiered interest account that is more liquid than a CD. There are four withdrawals or transfers allowed per quarter.
- Minimum to open
- $25,000.00
- Item Fee
An excess debit fee of $10.00 will be charged if more than four (4) preauthorized withdrawals are made per quarter.
- Service Charge Fee
- $25.00 if balance falls below $25,000.00
- Interest Earned or Earnings Credit
- Interest is compounded and credited quarterly. $25,000.00 required to earn interest.
- Visa Debit/ATM Card
Card Issue $8.00
Card replacement $10.00
Card PIN reset $5.00
ATM, Non Byron Bank $1.00- Statements
E-Statements Free
Special Handling $5.00 (monthly)
Statement on Disk $20.00 (annual)
Incorrect Address Fee $5.00 (monthly)
Ready to get started? Our team of experts are ready to help
*Full Disclosure provided at account opening.