ACH US Routing Number – BYLINE BANK
Routing Number | Address | City | State | |
1 | 071001533 | 2ND FLOOR | CHICAGO | IL |
2 | 071002707 | 2ND FLOOR | CHICAGO | IL |
3 | 071004158 | 2ND FLOOR | CHICAGO | IL |
4 | 071004349 | 2ND FLOOR | CHICAGO | IL |
5 | 071004530 | 2ND FLOOR | CHICAGO | IL |
6 | 071922256 | 2ND FLOOR | CHICAGO | IL |
7 | 071922874 | 2ND FLOOR | CHICAGO | IL |
8 | 071922984 | 2ND FLOOR | CHICAGO | IL |
9 | 071923666 | 2ND FLOOR | CHICAGO | IL |
10 | 071925871 | 2ND FLOOR | CHICAGO | IL |
11 | 071926618 | 2ND FLOOR | CHICAGO | IL |
12 | 071926870 | 2ND FLOOR | CHICAGO | IL |
13 | 075912819 | 2ND FLOOR | CHICAGO | IL |
14 | 075918318 | 2ND FLOOR | CHICAGO | IL |
An ACH routing number is a 9-digit code that identifies financial institutions in the United States for the purpose of transmitting funds electronically. ACH stands for “Automated Clearing House,” which is an electronic network used by banks to securely transfer money between accounts.
The routing number serves to route the payment to the correct bank and account when an electronic funds transfer is initiated. It allows money to be electronically debited or credited from a checking or savings account.
Purpose of an ACH Routing Number
ACH routing numbers enable the smooth transfer of money directly between banks rather than requiring physical checks to be created and deposited. They are an essential part of:
- Direct deposit of paychecks
- Automatic bill payments
- Bank transfers initiated online or over the phone
The routing number identifies where the money needs to come from or go to complete the electronic transaction.
About Byline Bank
Overview of Byline Bank
Byline Bank is a full-service community bank that provides personal and business banking services primarily in the Chicago metropolitan area. Established in 1910, Byline Bank has grown through a series of mergers and acquisitions over the years.
Today, Byline Bank has over 60 branch locations in the Chicago area and Northwest Indiana and manages over $6 billion in assets. It offers a comprehensive range of financial products and services for both consumers and businesses.
History of Byline Bank
Byline Bank started out in 1910 as North Town State Bank in Chicago’s Edgewater neighborhood on the city’s North Side. In 1982, the bank took the name North Community Bank after merging with four other local banks.
Over the next few decades, North Community Bank expanded significantly in the Chicago metropolitan region through further mergers and acquisitions. The bank adopted the name Byline Bank in 2013 to reflect its growth beyond Chicago’s North Side.
Some key events in Byline Bank’s over 100-year history include:
- 1982: North Town State Bank merges with four other banks to become North Community Bank
- 2013: North Community Bancorp, the holding company, changes name to Byline Bancorp and rebrands bank as Byline Bank
- 2015: Byline acquires InBank, gaining 6 more branches in Chicago
- 2018: Byline merges with Ridgestone Financial Services, expanding into Wisconsin
Services Offered by Byline Bank
As a full-service commercial bank, Byline Bank offers a wide array of financial products and services to consumers and businesses alike.
Key products and services include:
- Checking accounts
- Savings accounts and CDs
- Money market accounts
- Online and mobile banking
- Mortgages and home equity loans
- Personal loans
- Credit cards
- Auto loans
- Commercial lending
- Treasury management and other business banking services
The bank aims to provide customized banking solutions to consumers and small to mid-sized businesses across the communities they serve.
Byline Bank’s ACH Routing Number
What is Byline Bank’s ACH Routing Number?
Byline Bank’s ACH routing number is 071001533.
This 9-digit code uniquely identifies Byline Bank to facilitate electronic funds transfers. When setting up direct deposits or bank account transfers, this is the routing number you would use for Byline Bank accounts.
Where to Find Byline Bank’s ACH Routing Number
Byline Bank’s routing number can be found in a few places:
- At the bottom of checks issued from a Byline Bank account
- On Byline Bank’s website – usually under the “Routing Number” page
- Printed on a direct deposit form provided by Byline Bank
- Available over the phone by calling Byline Bank’s customer service number
- On your bank account statement or opening documentation
If you are unsure of the routing number to use, it’s always best to contact Byline Bank directly to confirm it.
Uses of Byline Bank’s Routing Number
Byline Bank’s 9-digit ACH routing number allows you to process a variety of electronic funds transfers to and from accounts held at Byline Bank.
Key uses include:
- Setting up direct deposit of paychecks or government benefits like Social Security
- Paying bills online through your bank’s online bill pay feature
- Sending or receiving bank-to-bank account transfers
- Linking your Byline Bank account to payment apps like PayPal or Venmo
- Transferring funds from another bank into a Byline Bank account
Using the correct routing number helps ensure your money gets deposited into the right account quickly and securely.
How to Use Byline Bank’s Routing Number
Setting up Direct Deposit with Byline Bank’s Routing Number
If you have a checking or savings account with Byline Bank, you can provide the bank’s routing number to your employer or benefits provider to have your paycheck or payments like Social Security deposited directly.
Here are the simple steps to set up direct deposit:
- Contact Byline Bank to confirm the routing number – 071001533 or see the table above
- Obtain a direct deposit authorization form from your employer or benefits provider.
- Fill in your account information – the routing number, your Byline Bank account number, account type, etc.
- Submit the completed authorization form to your payroll or benefits department.
- The issuer will then begin sending your funds to your Byline Bank account electronically using the routing number provided.
Making ACH Transfers using Byline Bank’s Routing Number
You can transfer money to any valid bank account in the U.S. using Byline Bank’s routing number when initiating an ACH transfer. These bank-to-bank transfers utilize the ACH network.
Follow these steps:
- Log into your Byline Bank account and access the ACH transfer function.
- Enter the recipient’s account information – account number, account type, name of bank, and the recipient bank’s routing number.
- Enter the amount to transfer and submit the information.
- Byline Bank will send the money using their routing number through the ACH network.
Paying Bills using Byline Bank’s Routing Number
Byline Bank account holders can pay bills directly from their account using the bank’s routing number. Here’s how:
- Log into online or mobile banking at Byline Bank and access bill pay.
- Select “Add Payee” and enter the biller’s name and payment address.
- Choose the account you want payments drawn from.
- Enter payment amount and delivery date.
- Byline Bank will process the payment using their routing number and send payment to the biller.
Tips for Using Byline Bank’s Routing Number
Confirm the Routing Number before Using
Before setting up any electronic funds transfers using Byline Bank’s routing number, always verify the number first by checking your bank statement or calling Byline Bank. This ensures the process goes smoothly.
Double Check Account Numbers when Transferring Funds
When sending or receiving ACH transfers, carefully check that you’re using the correct account numbers along with the right routing number. An error could delay the transaction.
Contact Byline Bank if You Have Any Issues
If you have trouble with direct deposits not showing up or transfers failing, contact Byline Bank’s customer service right away to sort out any issues rather than trying to fix it yourself. They can check that you have the right routing number entered.
Frequently Asked Questions
Can I use Byline Bank’s routing number at other banks?
No, Byline Bank’s routing number only works for transferring funds to or from accounts held at Byline Bank. For accounts at other banks, you would need to use their routing number.
Where can I find my account number at Byline Bank?
Your Byline Bank account number will be listed on the bottom of your checks, account statements, or in your online/mobile banking profile. Call Byline Bank if you cannot locate it.
Does Byline Bank charge a fee for ACH transfers?
Byline Bank does not charge inbound ACH transfer fees. A fee may apply for outgoing transfers over a certain limit – check with Byline Bank for fee details.
How long do electronic deposits take with Byline Bank’s routing number?
Deposits via ACH transfer generally take 1-2 business days to post using Byline’s routing number. Direct deposits may show up sooner.
Can I use Byline’s routing number at ATMs?
No, the routing number is only used for processing electronic funds transfers, not withdrawing or depositing cash at an ATM. You would input a debit card instead.