Solvay Bank is the oldest commercial bank in Central New York with nine locations in the Greater Syracuse area. Their offerings include business savings and checking, loans and credits, business investments and insurance, cash management, and more. They have an A+ BBB rating, and a mix of positive and negative reviews on Bankrate and DepositAccounts.
Solvay Bank Business Checking Rates & Fees
|Monthly Fee||$5 per month if minimum balance is not met|
|Minimum Balance Requirement||$2,500 average balance|
|Transaction Fee||100 free transactional items per month, $0.30 per item thereafter|
|Wire Transfer Fee||Incoming (domestic): $15.00|
Incoming (international): $20.00
Outgoing (domestic): $25.00
Outgoing (international): $50.00
|Cash Deposit Fee||N/A|
|Overdraft Fee||$35 per item|
|ATM Fee||Non-Solvay Bank ATM transaction: $2.00 per transaction|
Solvay Bank Network
Solvay Bank has nine locations in the Greater Syracuse area. You can use their branch locator to see what locations are closest to you.
Solvay Bank Additional Business Banking Services
Solvay Bank also offers the following business services: business savings & money market accounts, online & mobile banking, business credit cards and lines of credit, business, SBA, and commercial real estate loans. They currently do not offer wealth management services. Find out more about their small business offerings on their website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
Best Small Business Business Checking Account
Want to know which bank we named the best business checking account for small businesses? Read our business checking account buyer’s guide comparing the top 6 options.