Business Accounts

ACCOUNT TYPE MINIMUM BALANCE REQUIREMENT MONTHLY CHARGE TRANSACTION FEE (monthly) FEATURES DEBIT/ATM CARD
SIGNATURE FLAT FEE BUSINESS None $20 75 items free, $.50 for each additional item Online Access Yes
SIGNATURE NOW FOR BUSINESS $25,000 checking or $50,000 combined Signature Bank and SSG account balances $25 if Average Available Monthly Balance is below the Minimum Balance Requirement 500 items free, $.50 for each additional item Online Access Yes
MONOGRAM BUSINESS CHECKING $25,000 checking or $50,000 combined Signature Bank and SSG account balances $30 if Average Available Monthly Balance is below the Minimum Balance Requirement 500 items free, $.50 for each additional item Online Access Yes
MONOGRAM INSURED MONEY MARKET ACCOUNT $10,000 $20 if Average Available Monthly Balance is below the Minimum Balance Requirement None (Transaction limits apply. Refer to the Business Bank Account Agreements and Disclosures.) Online Access Yes
MONOGRAM MONEY MARKET FUNDS PROGRAM FOR BUSINESS[1] $25,000 $20 if Average Available Monthly Balance is below the Minimum Balance Requirement None Online Access Yes

Important Information about Overdraft and Returned Item Fees
Accounts may be subject to Overdraft Fees and Returned Item Fees.

Overdraft Fee*
Paying an item
drawn against uncollected/
insufficient funds
$25 An Overdraft Fee may apply if Signature Bank, at its discretion, pays checks, wires, ACH debits and/or transfers when the account’s Available Balance is not sufficient to pay these transactions. Signature Bank does not authorize ATM or Debit Card transactions for which an account does not have sufficient Available Balance to pay.
Overdraft Finance Charge Call your Private Client Group for current interest rate  Interest will be charged on the amount of the total negative balance, including any fees, at a variable rate per annum equal to a certain percentage per annum above the Reference Rate. This amount will be identified on the account Statement as “OD Finance Charge”. This fee may apply if Signature Bank, at its discretion, pays or returns an item presented when an account’s Available Balance is less than the amount of the item resulting in a negative balance in the account.
Returned Item Fee*
Returning an item drawn against uncollected/
insufficient funds
$25 A Returned Item Fee may apply if Signature Bank, at its discretion, returns an item presented when an account’s Available Balance is less than the amount of the item.
*Each presentment and submission is treated as a separate and new item and will be subject to an Overdraft Fee or Returned Item Fee as applicable. This means an account may be charged more than one Overdraft Fee if an item is re-presented or resubmitted after it has previously been paid and/or more than one Returned Item Fee if an item is re-presented or resubmitted after it has previously been returned unpaid.

 

Contact A Signature Bank® Representative

Signature Bank’s Client Care Services and Support is available 24/7. Call 1-866-SIGLINE.


Individuals with speech or hearing disabilities: 
Please utilize a telecommunications relay service (TRS), which may be reached by dialing 7-1-1, to connect with an operator who can assist you with communicating with a Signature Bank Client Services Associate at 1-866-SIGLINE/1-866-744-5463.


To report a lost or stolen ATM/DEBIT card, please call 1-866-SIGLINE, option 6.


Call Monitoring and Recording: If you communicate with us by telephone, we may monitor and/or record the call.