Open a New Business Account | Get Up To $400**
Get up to $400 when you open a new business checking account and a new business savings or money market account together and meet deposit and minimum balance requirements.**
Share your email address and we'll send your unique code to use when redeeming this limited-time offer.
Plus, earn up to 4.08% APY^ with our High Yield Relationship Savings account
For a limited time, get up to $400** when you open a business checking and savings or money market account – including our High Yield Relationship Savings account that earns up to 4.08% APY^ – and meet deposit and minimum balance requirements.
Offer available with these three checking accounts. Choose the one that's best for your business.
- Good for small businesses with standard transaction volumes
- No ongoing minimum balance requirement
- Good for growing businesses, and those that need access to additional business services
- Option to earn interest available
- Good for businesses with large deposit balances, high account activity
- Expert support for advanced cash management needs
Offer available with these business savings accounts, including our new High Yield Relationship Savings.
Banner's Best Business Savings
High Yield Relationship Savings – earn up to 4.08% APY^
To receive the $300 business checking bonus: 1) Open a new Banner Bank Basic 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 your new checking account within 60 days of account opening; AND 3) Maintain at least a $2,000 minimum daily balance for an additional 60 days. After you have completed 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: 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 balance 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 60 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 money market accounts. The High Yield Relationship Savings account has a minimum opening balance 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.
Account Closing: Business checking, savings or money market account must be in an open status and in good standing at the time of payout. If the business checking, savings or money market account is closed within six months of account opening and after bonus payment, we will deduct the bonus amount at closing. 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 6/30/2023.
Annual Percentage Yield (APY) accurate as of 4/27/23. 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. Public fund accounts not eligible. Additional restrictions may apply.