Bank like the business you want to be

At Old Second, we offer the service and solutions to make banking hassle-free. From packaged solutions featuring our most popular products, to individual solutions customized to your needs, we look forward to helping you start banking like the business you want to become. Contact a business banker.

Coronavirus (COVID-19) CARES ACT Update: Please contact an O2 Lender for information on how to apply for the Paycheck Protection Program (PPP). Borrowers that have already applied online can access their application here.

Checking & deposit solutions

Our business banking service packages bundle all the features your business needs with the convenience and quality of service you may not be expecting from an "off the shelf" business banking program. Contact a business banker at 877-866-0202.



For business owners who simply want "the basics" and do not require a large credit line or a lot of unnecessary "bells and whistles," this package offers a feature-rich service bundle.

  • Basic e-service bundle: Free Basic O2 Business Online, bill pay, eStatements
  • Business Free Checking: No minimum balance or monthly maintenance fee, O2 Business Debit Card, 102 free transactions per month1
  • Includes access to Business Laddered CDs and our Business Builder Savings account to keep your idle cash working for you at all times
1$0.35 for each additional.


This package is designed for businesses with higher transaction levels and those requiring more sophisticated cash management needs and growth strategies.

  • Basic e-service bundle: Free Basic O2 Business Online, bill pay, eStatements
  • Business Choice Checking: O2 Business Debit Card, no minimum balance, 202 free transactions per month1, $12 monthly maintenance fee waived2, line of credit3
  • Sweep account4 to: Business Builder Savings or Money Market account
  • Overdraft protection sweep5
  • Personal checking
  • Business Laddered CDs, Business Money Market and Business Builder Savings accounts
  • O2 Mobile Deposit, O2 Remote Deposit Capture
  • E-cash management—an optional module available with O2 Business Online, offers online ACH, wire transfers and Positive Pay
  • Merchant card processing services
  • Employee gift cards and payday cards
  • Lockbox services and payroll services, retirement plan services (SEP,401k, IRA), health savings accounts
1$0.35 for each additional. 2If core personal and business deposits are at least $25,000 or customer maintains $100,000 in CD or loan balances. 3For qualified accounts. 4Free set-up available through O2 Business Online only. 5$10 per occurrence.

Lending solutions

When you own a business, you often need to take credit—not just for what you do, but for what you'd like to do in the future. That's where we come in. At Old Second, we offer a wide range of credit options to help you grow into the business you want to become. Contact your loan officer to develop the solution that is right for you.


Regardless of your need, we can structure a loan customized to meet your objectives.

  • Business Term Loan with fixed dollar amounts and set payback terms
  • Business Real Estate Loans for acquisition or other real estate financing purposes
  • Construction Loans, which can be packaged together with mortgage financing
  • SBA* Loans for qualifying companies, which can lower down payments and extend repayment


Old Second participates in the following SBA programs:

  • SBA 504 Program
  • SBA 7A Program


Secure funding for times when you need it and with terms structured around your cash-flow cycle.

  • Working capital financing
  • Equipment financing


When your equipment financing deal requires an extra level of comfort—a guarantee of either your future performance under a contract or that of a vendor's—we can provide a variety of options for closing your deal to the satisfaction of all involved parties.



BusinessManager® is an online program which allows you to get cash for your accounts receivable deposited directly into your bank account by selling them to the bank at a discount. Funds are then deposited into your account, giving you the positive cash flow you need.

  • Improve your cash flow.
  • Realize growth opportunities.
  • Take advantage of supplier discounts.
  • Offer financing options to your customers.
  • Save time and money.
  • Manage your operations online.
  • Receive detailed business management reports.

Contact a representative for sign up information and pricing.

*The Small Business Administration (SBA) is an office of the federal government. It was created to assist small businesses (as defined by the Small Business Act). Their intent was to increase the ability to compete in international markets by enhancing their ability to export, facilitate technology transfers and compete effectively and efficiently against imports. With the help of the SBA office, we can offer loans to small businesses that might not have the ability to obtain a conventional loan. For more information, please visit the SBA website.

Card services

The O2 Debit Mastercard BusinessCard® offers a multitude of benefits and solutions for you or your employees. 


  • Zero Liability
  • Mastercard ID Theft Protection®
  • Mastercard Global Service™
  • Mastercard Airport Concierge™
  • MasterRental™ Insurance
  • Mastercard Easy Savings Program
  • Mastercard Golf
  • Priceless Cities Offers & Experiences
  • Intuit QuickBooks® and Intuit TurboTax® Discount
  • Mastercard Mobile Receipt Management
  • Mastercard BIZ
  • Load your card to popular digital wallets. Learn more.
  • View the Mastercard® Guide to Business Benefits PDF.


Use your O2 Debit Mastercard BusinessCard® for cash withdrawals at over 55,000 Allpoint® network ATMs and avoid third-party surcharges in the U.S., Australia, Canada, Mexico, Puerto Rico, and U.K.

  • You can locate an Allpoint® ATM by looking for the Allpoint® logo, visiting the Allpoint® Network website or by downloading the iPhone® or Android™ app to your smartphone. Look for the Allpoint® logo at many retailers, including Target®, CVS Pharmacy®, Walgreens®, Speedway® and more.
Download Allpoint® for iPhone®
Download Allpoint® for Android™