Earn a bonus when you open a Banner Bank personal savings account.

To receive the offer, you must open your account online at bannerbank.com or at a Banner Bank branch and use the promo code at account opening that was provided to you by Banner Bank. Offer is not available to those whose accounts have been closed within the last 2 years. You may only receive one new account opening-related bonus every two years on a consumer savings or money market account. To qualify for the savings or money market offer, you must not already have a personal savings or money market account. Offer is subject to change without notice and may not be combined with any other offer. Must meet standard account opening requirements. Offer available to residents of OR, WA, CA or ID only.  

To receive the $400 savings bonus: 1) Open a Banner Bank personal savings or money market account; AND 2) Deposit a total of $25,000 or more in new money (not held at Banner Bank) within 30 days of account opening; AND 3) Maintain a minimum daily balance of $25,000 or more for 90 days; AND 4) Set up monthly recurring auto transfers of $25 or more from your Banner Bank checking account to your Banner Bank savings or money market account.

To receive the $100 savings bonus: 1) Open a Banner Bank personal savings or money market account; AND 2) Deposit a total of $1,000 or more in new money (not held at Banner Bank) within 30 days of account opening; AND 3) Maintain a minimum daily balance of $1,000 or more for 90 days; AND 4) Set up monthly recurring auto transfers of $25 or more from your Banner Bank checking account to your Banner Bank savings or money market account.

After you have met the above requirements and the account has been open for 90 days, we'll deposit the bonus into your new account within 30 days. Account must be in an open status and in good standing at the time of payout. Banner Bank will monitor the balances maintained in your account during the qualification period to determine bonus amount paid, if applicable.

Minimum opening balance of $25 for Connected Savings; $100 for Money Market Savings and Banner's Best Savings; $25,000 for High Yield Savings and must be new money to Banner Bank.

Fees: Service fees may apply based on the account(s) you select. For a schedule of fees and deposit account agreements, please visit our terms and tips page.
IRS Form 1099-INT or 1042-S: Bonus is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). Please consult your tax advisers concerning the reporting to Internal Revenue Service of bonus payments as interest on accounts. Offer expires 12/31/2024.