Business High Yield Savings Account | Rates Between 0.50% & 3.25% APY^ 

Open a Business High Yield Relationship Savings account online today.

Earnings are tiered so the higher your account balance, the more interest you'll earn. Business clients are welcome to apply with a minimum opening balance of $25,000∫ new money to Banner Bank and a Banner Bank checking account.
Visit a branch to apply in person

See how much interest you can earn with your balance:

0.50% APY^

$0 - $24,999

2.02% APY^

$25,000 - $49,999

2.02% APY^

$50,000 - $99,999

2.28% APY^

$100,000 - $249,999

2.74% APY^

$250,000 - $499,999

2.94% APY^

$500,000 - $999,999

3.05% APY^

$1,000,000 - $2,999,999

3.25% APY^
$3,000,000 - $4,999,999

 

3.25% APY^

$5,000,000 & more

Earn a $100 bonus when you open a Banner Bank business savings account.

For a limited time, earn a $100** when you open a new business savings or money market account and meet deposit and minimum balance requirements.
Business Savings Offer Details

With every Banner Bank business savings account, you'll get:

With a Business High Yield Relationship Savings account, you'll get:

Two people sitting at a table in discussion
  • Earn Interest
    Earn tiered interest between 0.50% APY^ and 3.25% APY^. Rates may change. Interest is compounded daily and credited quarterly.
  • Monthly Service Charge

    $10 monthly service charge, waived with minimum daily balance of $5,000 or $10,000 average daily combined relationship balance.Δ

  • Relationship Perks

    The balance in this account may be used to waive monthly service charges on other qualifying deposit accounts. Fees may reduce earnings.

  • Overdraft Protection

    This account may be linked to protect your Banner checking account in overdraft situations.δ

  • Easy to Access Statements
    No cost for paper statements. Sign up to receive safe and accessible eStatements.
  • Cash and Coin
    First $5,000 per month included, then $0.15 per $100, per month.
  • Item Processing
    The first 25 items each monthly statement cycle are included, then $0.20 per additional item≠.
  • Additional Benefits
    Direct deposit, automatic savings plan and automatic loan payments are available.

Find the savings account that's right for your business.

Business Savings Accounts

Open a CD at a special rate with $2,500 or more.

Business CD Specials
Access the Business Account Agreement and Business Accounts Schedule of Fees.
View the Business High Yield Savings Product Guide.
^

Annual Percentage Yield (APY) accurate as of 2/24/2025. Rates may change. 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. View current rates.

**

To receive the offer, you must open your account 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 only receive one new account opening-related bonus per business entity with a unique tax ID on a business checking account every two years. To qualify for the checking offer, you must not already have a business checking account with Banner Bank. You may only receive one new account opening related bonus per business entity with a unique tax ID on a business savings or money market account every two years. To qualify for the savings offer, you must not already have a business savings or money market account with Banner Bank. Offer 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. 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 $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 has a minimum opening deposit of $100, AND; 2) Deposit a total of $25,000 or more in new money (not held at Banner Bank) into that account within 30 days of account opening; AND 3) Maintain at least a $25,000 minimum daily balance for an additional 90 days.

 

To receive the $100 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 has a minimum opening deposit of $100, AND; 2) Deposit a total of $1,000 or more in new money (not held at Banner Bank) into that account within 30 days of account opening; AND 3) Maintain at least a $1,000 minimum daily balance for an additional 90 days.


To receive the $100 business savings bonus: 1) Open a new Banner Bank Business Savings, Business Money Market or Banner’s Best Business Savings account, which has a minimum opening deposit of $100, or a High Yield Relationship Savings account, which has a minimum opening deposit of $25,000 new money to Banner Bank, AND; 2) Deposit a total of $1,000 or more in new money(not held at Banner Bank) into that account within 30 days of account opening; AND 3) Maintain at least a $1,000 minimum daily balance for an additional 90 days.


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. Banner Bank will monitor the balances maintained in your account during the qualification period to determine bonus amount paid, if applicable. Account must be in an open status and in good standing at the time of payout.
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. 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 12/31/2025. 

∫
Minimum opening balance of $25,000 must be new money to Banner Bank.
Δ
Minimum daily balance required to avoid monthly service charge. Relationship balances include all of the Business’s checking and savings accounts.
δ
Subject to funds availability. Overdraft protection by line(s) of credit subject is to credit approval and limited to residents of Washington, Oregon, Idaho or California.
≠

Item processing limit includes all transactions and items deposited.