Business Frequently Asked Questions
Questions? We have answers.
General
We are updating certain business products to provide a simpler product lineup with enhanced features and benefits while continuing to support the needs of our business clients.
On September 15, 2026, certain Beacon Bank business checking, savings and money market products will automatically transition to updated Beacon Bank products. These updates are designed to provide simpler, enhanced product options while maintaining uninterrupted access to your accounts.
No. Your account will update automatically on the effective date. No action is required.
Accounts & Services FAQs
No. Your account number and account details will remain the same.
The Beacon Bank routing number is 211371489. Please note existing routing numbers still work at this time.
Yes. Online & Mobile Banking will remain the same, and you'll continue to have uninterrupted access to your accounts.
No. You will continue to access your accounts through online and mobile banking as you do today. Direct deposits, automatic payments and recurring transactions will continue without interruption.
Municipal Savings customers may need to update any incoming ACH or wire instructions to indicate your account type is now a Checking/Money Market instead of a Savings account.
No, your account number will remain the same, so you can continue using your existing payment information, checks and account instructions as you do today.
Changes vary by account type and may include updates to fees, interest earnings, account features or included services. Your personalized notification outlines exactly what is changing for your account.
Your notification letter identifies any accounts that are transitioning to a new product. If an account is not listed, it is not changing.
Yes. The monthly maintenance fee can be waived by maintaining a $1,000 average daily balance in the account.
Yes. Nonprofit organizations should ask about Beacon Bank's Non-Profit Checking account, which offers no monthly maintenance fee and enhanced benefits.
Signature Business Banking is a Beacon Bank program that allows business owners of Business Checking Plus and Commercial Checking accounts to receive a complimentary Premium Checking account, the best consumer account we offer!
Several updated products will be subject to a $3 Paper Statement fee if you are not enrolled in eStatements. Consider enrolling in eStatements to avoid this fee.
Certain savings and money market accounts will be subject to Excessive Transaction fees. Please refer to the Commercial Fee Schedule for details about when these fees may apply.
This depends on the product. Please refer to your account-specific disclosure and rate sheet.
We’re here to help. Contact us at 800.698.BANK (2265) or stop by your local branch.