When running a business, saving money can be as important as making money. Fortunately, Banner Bank offers an assortment of accounts designed to keep your money safe and secure.
Business Savings and Money Market Account Comparison:
| Minimum Opening Balance |
$100 |
$100 |
$100 |
| Minimum Daily Balance Required to Avoid Monthly Service Charge |
$500 |
$2,500 |
$5,000 |
| Monthly Service Charge |
$5 |
$10 |
$10 |
| Deposit Item Fee |
$0.20 per item
(first 75 free) |
$0.20 per item
(first 75 free) |
$0.20 per item
(first 75 free) |
| Withdrawal Fee |
$5 per withdrawal
(first 6 free) 2 |
$10 per withdrawal
(first 6 free) 3 |
$5 per withdrawal
(first 6 free) 2 |
| Competitive Interest Rate |
Compounded daily |
Compounded daily - Tiered rates |
Compounded daily - Tiered rates |
| Interest Paid on Collected Balances |
Quarterly |
Monthly |
Quarterly |
| Banner Bank-by-Phone |
Free |
Free |
Free |
| Banner Online Banking |
Free |
Free |
Free |
| Additional Options and Features |
- Unlimited withdrawals in person or by ATM
- Link to your Banner checking account for overdraft protection4
- Access funds with Business Visa Check Card
|
- Unlimited withdrawals in person or by ATM
- Link to your Banner checking account for overdraft protection4
- Access funds with Business Visa Check Card
|
- Unlimited withdrawals in person or by ATM
- Link to your Banner checking account for overdraft protection4
- Access funds with Business Visa Check Card
|
1 A Banner Bank business checking account (any type) with combined statement is required. 2 Excessive withdrawal fee applies when the account exceeds 6 pre-authorized third party withdrawals per statement period (if no more than 31 days). If statement period is quarterly, 6 pre-authorized withdrawals are allowed per calendar month.3 Excessive withdrawal fee applies when the account exceeds 6 pre-authorized third party withdrawals per statement period. Three pre-authorized withdrawals may be by check.4 Subject to transaction limits and funds availability.