You Work Hard for Your Business…
Shouldn't Your Bank?
Get the most for your hard-earned dollars by choosing a bank that
offers customized business checking and saving accounts along with
old-fashioned personal customer service.
Our selection of interest-bearing checking
and savings accounts give businesses plenty of options to choose
from with low minimum requirements.
Instantly make managing your business checking account easier
with a convenient and time-saving business checking account from
Elgin State Bank. Designed specifically for sole proprietorships,
partnerships, corporations, and organizations of every size. You
get low maintenance fees, generous earnings credits, and
time-saving remote deposits via eSCAN when you open a business
checking account with us.
Earnings credit based on average daily balance; offsets
monthly service fees.
Free check imaging.
eSCAN remote check deposits.
$10 monthly maintenance fee.
Make your money work harder for you with a business checking account--give us a
call at 1-847-888-7950 to open your account today.
Power up your business banking with our Business NOW account, an interest-bearing business checking account
that simplifies your banking while paying you interest on your money. Available
exclusively to certain types of businesses. A $1,000 minimum opening
deposit is required; includes free check imaging.
$1,000 minimum to open.
Interest forfeited if balance falls below $1,000.
$10 monthly maintenance fee.
Free check imaging.
Take charge of your business banking with our Business NOW
interest-bearing checking account. Call 1-847-888-7950 today to speak
to one of our friendly commercial bankers.
Why not make your money earn more for you with our multi-tiered,
interest-bearing business Money Market checking account? Takes
just a $1,000 deposit to open a business Money Market account; and features include
limited check writing privileges and no monthly service
charge (as long as $2,500 minimum balance is maintained).
$1,000 minimum to open.
Multi-tiered, interest-bearing account.
No monthly service charge when minimum balance maintained.
No restrictions on withdrawals or deposits made in person.
It's your money… why not make
it work for you with a Business Money Market account?
Call 1-847-888-7950 today to speak with one of our expert
commercial bankers.
As a community bank, Elgin State Bank understands that Not-For-Profit/Non-Profit
organizations have special financial needs. That's why we created
our exclusive Local Not-For-Profit checking account.
With its affordable $100 opening deposit and low minimum balance
requirement, we take care of your banking needs so
you can concentrate on more important work.
$100 minimum opening deposit.
$50 minimum balance.
25 items per month free.
Simplify your banking with a Local Not-For-Profit checking
account--call us at
1-847-888-7950 to open your account today.
Our community and our country were built by the hard work and
entrepreneurial spirit of small businesses. That's why we
created our Small Business Checking account, to help meet
the needs of small businesses in our community. This account has an affordable
$100 minimum deposit to open, and the first 50 account transactions
are absolutely free.
$100 minimum opening deposit.
First 50 transactions free.
$2,000 min. balance required.
Get the 'big' benefits of our Small Business checking account today with a call to
1-847-888-7950.
Want to make money while saving it? Look no further than our Business
Statement Savings account. It's a hassle-free way for your
business to reserve funds, and there's no limit on the amount
of deposits you can make. You'll also enjoy competitive
interest rates on your savings. With this business-only
savings account you can make up to five withdrawals per quarter.
No deposit limits.
5 withdrawals per quarter.
$2 monthly service fee if balance falls below $100.
Maximize your savings with our Business Statement Savings account--just call one of our friendly commercial bankers at 1-847-888-7950.
Get "swept away" with our popular Business Sweep Accounts! This automated investment account is ideal forbusiness
customers who maintain excess balances in their business checking
account. Excess balances are automatically transferred
("swept") into repurchase agreements (REPOs).
Interest rates earned on the "swept" portion are variable.
Though not FDIC insured, Sweep accounts are fully collateralized
by U.S. Treasury or Agency Securities.
Automated investment account linked to your business checking account.
Excess balances automatically transferred to REPOs.
Variable interest rates.
Sweep your excess cash into an interest-earning investment account with a
call
to us at 1-847-888-7950.
As a participant of the IOLTA program, Elgin State Bank provides an interest-bearing account to attorneys who maintain clients' funds for short periods of time. Interest paid on these funds is sent to the Lawyer's Trust Fund of Illinois, a non-profit organization.
Interest-bearing account.
Short-term accounts.
Ask one of our commercial bankers about IOLTA trust accounts by calling us at 1-847-888-7950.
Elgin State Bank | 1001 S. Randall
Road | Elgin, IL 60123 USA | Phone: 1-847-888-7950
