Banner's Business Savings Account Options | Apply Online Today

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. Banner Bank is not responsible for, and will not honor, promotional offers that appear on non-Banner Bank websites or that are not authorized by Banner Bank. Standard account opening requirements apply.

You may receive only one bonus per business entity with a unique tax ID within a two-year period. You may only receive one new deposit account opening-related bonus once every two years. Offer is not available to existing business entities with tax ID already on file with Banner Bank and who already have a business checking or savings account with Banner Bank. Offer also not available for local, state or Federal Government entities or agencies, Not for Profit organizations, Political Action Committees, or those with campaign accounts, or whose accounts have been closed within 90 days or closed with a negative balance within the last 3 years. Employees of Banner Bank, its affiliates and subsidiaries are not eligible for this offer. Offer is available to businesses with addresses in OR, WA, CA or ID only. Offer is subject to change without notice and may not be combined with any other offer.

To receive the $200 business checking bonus: 1) Open a new Banner Bank Basic Business Checking, Complete Business Checking (with or without interest) or Complete Plus Business Checking account, which requires a minimum opening deposit of $100, AND; 2) Deposit a total of $2,000 or more in new money (not held at Banner Bank) into that account within 60 days of account opening; AND 3) Maintain at least a $2,000 minimum daily balance for an additional 90 days. After you have met all the above requirements and your account has been open for at least 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.

To receive the $500 business checking bonus: 1) Open a new Banner Bank Basic Business Checking, Complete Business Checking (with or without interest) or Complete Plus Business Checking account, which requires a minimum opening deposit of $100, AND; 2) Deposit a total of $25,00 or more in new money (not held at Banner Bank) into that account within 60 days of account opening; AND 3) Maintain at least a $25,000 minimum daily balance for an additional 90 days. After you have met all the above requirements and your account has been open for at least 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.

To receive the $100 business savings bonus (in addition to a checking bonus offered above: 1) Open a Banner Bank Business Savings, Business Money Market or Banner’s Best Business Savings account, which requires a minimum opening deposit of $100, or open a High Yield Relationship Savings account, which has a minimum opening deposit of $25,000 new money to Banner Bank, at the same time your Banner Bank business checking account is opened; AND 2) Deposit a total of $1,000 or more in new money within 60 days of account opening; AND 3) Maintain a $1,000 minimum daily balance for an additional 90 days.

After you have met the above requirements and your accounts have been open for at least 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.

Minimum balance of $100 at account opening is required for business checking, Banner Bank Business Savings, Banner's Best Business Savings and Business Money Market accounts. The High Yield Relationship Savings account has a minimum opening deposit of $25,000, which must be new money to Banner Bank. Deposits are subject to verification and not available for immediate withdrawal. Deposit limits and other restrictions apply.

Fees: Service fees may apply based on the account(s) you select. Learn more about our schedule of fees and deposit account agreements.

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 12/15/2023.

Annual Percentage Yield (APY) accurate as of 4/27/23. The interest rate tier is determined by the actual daily account balance. Monthly service charge of $10 is waived when you meet one of the following criteria during that monthly statement cycle: $5,000 minimum daily balance or $10,000 average daily combined balance for checking and savings deposit relationship. If relationship balance is below $25,000, Annual Percentage Yield (APY) is 0.50%.  Public fund accounts not eligible.  Additional restrictions may apply.