Business Online Deposit Rates & Initial Disclosure

Account Type	Annual Percentage Yield (APY)	Interest Rate	Compounding and Payment Period	Minimum Deposit to Open	Minimum Balance to Avoid Monthly Service Fee	Minimum Balance for APY
Makers Checking1,2	N/A	N/A	N/A	$500	N/A	N/A
Commercial Analysis Checking1,4	N/A	N/A	N/A	$0	N/A	N/A
Not for Profit Checking5	N/A	N/A	N/A	$100	N/A	N/A
Sponsor Finance Checking1, 6	N/A	N/A	N/A	$0	N/A	N/A
Money Market7	0.10%	0.100%	Monthly	$1,000	$2,5007	$2,500
High Yield Money Market8	0.10%	0.098%	Monthly	$1,000	$10,0008	$1
	0.20%	0.198%	Monthly	$1,000	$10,0008	$10,000
Business Statement Savings12	0.10%	0.100%	Monthly	$100	$20012	No minimum
Business Select Money Market10	2.50%	2.470%	Monthly	$5,000	$5,00010	$5,000
	3.00%	2.960%	Monthly	$5,000	$5,00010	$250,000
	3.25%	3.200%	Monthly	$5,000	$5,00010	$1,000,000
Builders Checking Account1,3	N/A	N/A	N/A	$500	$40,000 average balance or $120,000 combined balance	N/A
Choice Money Market Account9	0.25%	0.245%	Monthly	$1,000	$10,0009	$2,500
	2.85%	2.810%	Monthly	$1,000	$10,0009	$10,000
Business Signature Money Market11	0.25%	0.249%	Monthly	$5,000	$5,00011	$5,000
	1.75%	1.740%	Monthly	$5,000	$5,00011	$10,000
	2.50%	2.470%	Monthly	$5,000	$5,000 11	$25,000
	2.75%	2.720%	Monthly	$5,000	$5,00011	$100,000
	3.00%	2.960%	Monthly	$5,000	$5,00011	$250,000
6-Month Promo CD13	4.20%	4.160%	Simple	$5,000	N/A	$5,000
11-Month Promo CD13	3.90%	3.840%	Quarterly	$5,000	N/A	$5,000
14-Month Promo CD13	3.80%	3.750%	Quarterly	$5,000	N/A	$5,000
7-Month Promo CD13	4.10%	4.040%	Quarterly	$5,000	N/A	$5,000
Advantage 7-Month Promo CD13	4.15%	4.089%	Quarterly	$25,000	N/A	$25,000
25-Month Promo CD13	3.25%	3.210%	Quarterly	$5,000	N/A	$5,000

 

^{ONLINE DEPOSIT RATES EFFECTIVE: April 25, 2025}
The 6 Month Promo and 11 Month Promo CDs must be opened with new money, defined as new to Byline.

The information contained within this rate sheet and accounts brochure applies to accounts opened online.

The Advantage 7 Month Promo CD must be opened with at least $25,000 new funds, defined as new to Byline.

See Business Deposit Account Agreement and Disclosures, and Fee Schedule on bylinebank.com/disclosures for additional terms and conditions. For new business customers, only businesses with a physical address in Illinois or Wisconsin are eligible to open accounts online. For authorized signers who are new to Byline, only residents of Illinois or Wisconsin are eligible to be added online to a business account. To be eligible to apply for an account online, the applicant business must be a U.S. citizen or resident alien, and have a U.S. physical address, and the authorized individuals must have a U.S. taxpayer ID number and a U.S. physical address.

Money Market interest rates are set at Byline Bank’s discretion and may change at any time without notice. We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit any non-cash items (for example, checks). Interest is compounded and paid monthly based on your statement cycle. Accounts closed before the interest payment date will not earn accrued interest for that period. Fees may reduce earnings.

1. Borrowed funds charge assessed at 10% of uncollected balance on checking accounts.

2. Makers Checking Account allows up to 250 transactions per month with a fee of $0.50 per item over 250. $1.00 overdraft fee per $1,000 overdraft daily. A fee of $2.00 per $1,000 over $10,000 will be charged for cash deposited.

3. Builders Checking Account allows up to 400 transactions per month with a fee of $0.50 per item over 400. $1.00 overdraft fee per $1,000 overdraft daily. A fee of $2.00 per $1,000 over $20,000 will be charged for cash deposited. Combined balance applies to any checking or savings account where the primary owner has a primary or secondary relationship. If the average balance falls below $40,000 average balance or $120,000 combined balance, a $20 monthly service fee applies. Combined balance is determined using the average ledger balance per statement cycle.

4. Commercial Analysis Checking: Additional monthly service and/or transaction fees may apply and will be discussed and agreed upon by Bank and customer prior to account opening. An earnings credit is available to offset fees.

5. Not for Profit Checking Account allows up to 250 transactions per month with a fee of $0.50 per item over 250. $1.00 overdraft fee per $1,000 overdraft daily. A fee of $2.00 per $1,000 over $20,000 will be charged for cash deposited.

6. Sponsor Finance Commercial Checking: Additional monthly service and/or transaction fees may apply and will be discussed and agreed upon by Bank and customer prior to account opening.

7. On the Money Market Account, if the daily balance falls below $2,500, a $15 monthly service fee applies.

8. On the High Yield Money Market Account, if the daily balance falls below $10,000, a $25 monthly service fee applies.

No monthly service fee will be assessed on the first statement cycle after account opening. Interest rates on all accounts are set at the bank’s discretion. Interest rates and annual percentage yields may change at any time without notice. For tiered rate accounts, the disclosed interest rate is paid on the entire balance for that tier. You must maintain the minimum required balance in the account each day to obtain the annual percentage yield listed above. We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit any non-cash items (for example, checks). Accounts closed before the interest payment date will not earn accrued interest for that period. Fees may reduce earnings on the accounts. See Deposit Account Agreement and Disclosures for additional terms.

9. On Choice Money Market, if the daily balance falls below $10,000, a $25 monthly service charge applies.

No monthly service fee will be assessed on the first statement cycle after account opening. Interest rates on all accounts are set at the bank’s discretion. Interest rates and annual percentage yields may change at any time without notice. For tiered rate accounts, the disclosed interest rate is paid on the entire balance for that tier. You must maintain the minimum required balance in the account each day to obtain the annual percentage yield listed above. We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit any non-cash items (for example, checks). Accounts closed before the interest payment date will not earn accrued interest for that period. Fees may reduce earnings on the accounts. See Deposit Account Agreement and Disclosures for additional terms.

10. The Business Select Money Market Account must be opened with New Money, defined as new-to-Byline funds. To open the Business Select Money Market Account, you must have a qualifying Business Checking Account. A qualifying Business Checking Account includes the Makers Checking, Builders Checking, and Not for Profit Checking. On the Business Select Money Market, if the daily balance falls below $5,000, a $25 monthly service fee applies. No monthly service fee will be assessed on the first statement cycle after account opening.

No monthly service fee will be assessed on the first statement cycle after account opening. Interest rates on all accounts are set at the bank’s discretion. Interest rates and annual percentage yields may change at any time without notice. For tiered rate accounts, the disclosed interest rate is paid on the entire balance for that tier. You must maintain the minimum required balance in the account each day to obtain the annual percentage yield listed above. We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit any non-cash items (for example, checks). Accounts closed before the interest payment date will not earn accrued interest for that period. Fees may reduce earnings on the accounts. See Deposit Account Agreement and Disclosures for additional terms.

11. Business Signature Money Market Account (BSMMA) offering the APY based on the following balance: APY of 0.25% on balances of $5,000 – $9,999.99, APY of 1.75% on balances of $10,000 – $24,999.99, APY of 2.50% on balances of $25,000 – $99,999.99, APY of 2.75% on balances of $100,000 – $249,999.99, and APY of 3.00% on balances of $250,000 and more. Rates may change after the account is opened. New funds only as defined as not currently on deposit with Byline Bank. Minimum $5,000 to open the account and earn APY. A monthly fee of $25 will be imposed if minimum daily balance falls below $5,000. Interest compounded and paid monthly. BSMMA Fees may reduce earnings on the account. Rates are set at the bank’s discretion and may change at any time. We reserve the right to cancel or change the promotion at any time.

No monthly service fee will be assessed on the first statement cycle after account opening. Interest rates on all accounts are set at the bank’s discretion. Interest rates and annual percentage yields may change at any time without notice. For tiered rate accounts, the disclosed interest rate is paid on the entire balance for that tier. You must maintain the minimum required balance in the account each day to obtain the annual percentage yield listed above. We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit any non-cash items (for example, checks). Accounts closed before the interest payment date will not earn accrued interest for that period. Fees may reduce earnings on the accounts. See Deposit Account Agreement and Disclosures for additional terms.

12. On Business Statement Savings, if the daily balance falls below $200, a $3 monthly service fee applies. Interest rates on all accounts are set at the bank’s discretion. Interest rates and annual percentage yields may change at any time without notice. We use the daily method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit any non-cash items (for example, checks). Accounts closed before the interest payments date will not earn accrued interest for that period. Fees may reduce earnings on the account. See Deposit Account Agreement and Disclosure for additional terms.

13. Certificate of Deposit (CD)

RATES AND INTEREST
Interest rates on all accounts are set at the bank’s discretion.
Rates and annual percentage yields (APYs) are subject to change without notice. The APY assumes that interest remains on deposit until maturity. An early withdrawal will reduce earnings. Please see the table for the minimum deposit required to open these accounts. You must maintain the minimum balance to earn the APY. The stated interest rate is fixed for the term of the CD. Interest may be paid by transfer to another internal account, at your option. You will forfeit any accrued interest that has not yet been credited to your account, if the account is closed prematurely. We use the daily balance method to calculate the interest on this account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit any noncash item (for example, checks).

DEPOSITS
Deposits are accepted to all CDs during the grace period.

WITHDRAWALS
You may not withdraw any principal from this Certificate before maturity without our consent, which may be withheld; if we permit such a withdrawal, you may have to pay a penalty as follows:
A) Where the original maturity of the account is one year or less, the penalty will be forfeiture of 90 days interest on the amount withdrawn, at the nominal (simple interest) rate in effect during the term.
B) Where the original maturity of the account is more than one year, the penalty will be forfeiture of 180 days interest on the amount withdrawn at the nominal (simple interest) rate in effect during the term.
C) If the withdrawal is within 6 days after the date of first deposit, a minimum of 7 days of interest will be charged as a penalty. You must withdraw funds within the grace period to avoid being charged a penalty. Fees could reduce the earnings on the account.

RENEWAL
Unless you notify us in writing before the maturity date, or within the grace period, Certificates of Deposit will automatically renew on the maturity date. The grace period is ten (10) calendar days for CDs with a term greater than 31 days and is three (3) calendar days for CDs with a term of 31 days or less. We can prevent automatic renewal if we notify you in writing on or before the maturity date that we do not intend to renew the account. Promotional Certificate of Deposits may renew into a different term. If you close your CD during the grace period, no accrued interest will be paid after the maturity date. We will send you a Maturity Notice prior to renewal, please read it carefully. We may change the type, term or other feature of your CD by giving you notice. If we make a change, we tell you about the change in the Renewal Notice. See Business Deposit Account Agreement and Disclosures for additional terms and conditions.

^{©2025 Byline Bank. Member FDIC.}