Byline Bank


180 N Lasalle Street
Chicago, IL 60601
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.05% →
1-Year CD 0.10% 1.05% →
2-Year CD 0.15% 1.11% →
5-Year CD 0.30% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Byline Bank is an FDIC insured institution located in Chicago, IL. It was founded in 1972 and has approximately $5.73 billion in assets. Customers can open an account at one of its 93 branches.

FDIC Insured Yes
FDIC Certificate # 20624
Date Established 1972
Assets $ 5.73 billion
Loans $ 3.83 billion
Deposits $ 4.25 billion
Capital $ 781.14 million

For a more detailed analysis of Byline Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - August 12, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.05% $25,000 $29,999 Learn More
3 Mo CD
0.03% $10,000 $14,999 Learn More
3 Mo CD
0.03% $100,000 $199,999 Learn More
6 Mo CD
0.05% $10,000 $14,999 Learn More
6 Mo CD
0.05% $100,000 $199,999 Learn More
Special: 8 Mo CD
0.25% $5,000 - Learn More
12 Mo CD
0.10% $10,000 $14,999 Learn More
12 Mo CD
0.10% $100,000 $199,999 Learn More
18 Mo CD
0.10% $10,000 $14,999 Learn More
18 Mo CD
0.10% $100,000 $199,999 Learn More
24 Mo CD
0.15% $10,000 $14,999 Learn More
24 Mo CD
0.15% $100,000 $199,999 Learn More
36 Mo CD
0.20% $10,000 $14,999 Learn More
36 Mo CD
0.20% $100,000 $199,999 Learn More
48 Mo CD
0.25% $10,000 $14,999 Learn More
48 Mo CD
0.25% $100,000 $199,999 Learn More
60 Mo CD
0.30% $10,000 $14,999 Learn More
60 Mo CD
0.30% $100,000 $199,999 Learn More

Variable IRA Rates APY MIN MAX
0.05% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 12, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Byline Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
NMLS ID: 2890
License#: MC-3098
2.914% 2.875% 0.50 $1,250 $1,038 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

Note to Byline Bank
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Byline Bank Locations

Financial Details

Byline Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Byline Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Byline Bank U.S. Bank Average
10.28% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Byline Bank had $75,325,000 in non-current loans and $9,273,000 in owned real estate. To cover these potential losses it had $781,138,000 in equity and $41,840,000 in loans loss reserves. That gives it a Texas Ratio of 10.28%.

Return on Equity
Byline Bank U.S. Bank Average
1.9% 7.80%

Byline Bank has a Return on Equity of 1.9% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Byline Bank U.S. Bank Average
13.63% 12.68%

Byline Bank has a Capitalization of 13.63% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Byline Bank Balance Sheet Analysis

As of March 31, 2020, Byline Bank had assets of $5,729,120,000, loans of $3,831,718,000, and deposits of $4,253,095,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
Cash & Balances due from depository institutions $ 119.62 million
Interest-bearing balances $ 74.39 million
Total securities $ 1,311.30 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 3.83 billion
Loan loss allowance $ 41.84 million
Trading account assets $ 19.07 million
Bank premises and fixed assets N.A.
Other real estate owned $ 9.27 million
Goodwill and other intangibles $ 196.16 million
All other assets $ 130.89 million
     Total Assets $ 4.95 billion
Total deposits $ 4.25 billion
      Interest-bearing deposits $ 2.95 billion
      Deposits held in domestic offices $ 4.25 billion
      % insured (estimated) 79.87%
Federal funds purchased and repurchase agreements $ 55.65 million
Trading liabilities $ 20.34 million
Other borrowed funds $ 585.00 million
Subordinated debt N.A.
All other liabilities $ 33.91 million
      Total Liabilities $ 4.95 billion
      Shareholders’ Equity $ 781.14 million

Summary Income Statement

March 31, 2020
Total Interest Income $ 63.17 million
Total Interest Expense $ 9.69 million
Net interest income $ 53.47 million
Provision for loan and lease losses $ 14.46 million
Total non interest income $ 8.01 million
Total non interest expense $ 42.77 million
Pre-tax Net Operating Income $ 4.26 million

Bank Loan Profile?

The top three loan types in Byline Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Illinois, Byline Bank has a significantly higher percent of Small Business Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 10.51
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 8.11
Construction and Development Loans 7.20
Commercial Real Estate 33.95
Commercial and Industrial Loans 33.88
Farm Loans 0.00

Frequently Asked Questions About Byline Bank

Branches and Savings

Is Byline Bank FDIC insured?

Yes. It is covered under FDIC Certificate #20624.

Why does Byline Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Byline Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Byline Bank a commercial bank?


Where are Byline Bank locations?

See branch locations nearby.

Is Byline Bank open on Saturdays?

Is Byline Bank open on Sundays?

What time does Byline Bank open?

What time does Byline Bank close?

Are Byline Bank ATMs Open 24/7?

Do Byline Bank ATMs accept cash deposits?

Can Byline Bank customers use other ATMs?

Do Byline Bank branches have notaries?

Will Byline Bank notarize my document?

What address for Byline Bank should I put for incoming ACH transfers?

Will the Byline Bank branch print checks?

Do Byline Bank checks expire?

Does Byline Bank require US citizenship to open account?

Can Byline Bank close my account?

Does Byline Bank Report to credit bureaus?

Does Byline Bank Use Equifax?

What is Byline Bank's ACH Routing Number?

What is Byline Bank's SWIFT code?


Does Byline Bank offer mortgages?

Compare mortgage rates here.

Does Byline Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Byline Bank offer personal loans?

Compare personal loan rates here.

Does Byline Bank offer student loans?

Will Byline Bank cash a check?

Will Byline Bank redeem a savings bond?

Does Byline Bank cash savings bonds?

Will Byline Bank cash money orders?

Can Byline Bank issue a money order?

Does Byline Bank do currency exchange?

Background on The Bank

Who owns Byline Bank?

How long has Byline Bank been around?

Can Byline Bank transfer to other banks?

Does Byline Bank have quick pay?

Does Byline Bank accept rolled coins?

Will Byline Bank accept loose change?

Where is Byline Bank headquarters?

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