Evergreen Business Checking Features:
- FREE 24-Hour Phone Access Banking: 1-844-406-1015
- FREE Overdraft Transfer from a savings account or business line of credit
- Evergreen Business Online Banking and Bill Pay
- Mastercard Business Debit Card®
- Merchant Card Services Available**
To Open an Account
- Valid government-issued photo ID for all authorized signers and copies of I.D. for all Beneficial Owners and Control Party
- Social Security Number for each signer
- Physical address
- $100 minimum, $1,000 for Evergreen Analysis
- Articles of organization (e.g. Articles of incorporation, partnership agreement, assumed business name, etc.)
- Proof that the business is filed with the State of Oregon Corporate Division
- Tax Identification Number (TIN); Employer Identification Number (EIN)
| Account Type |
Minimum Daily Balance to Obtain APY*
|
Interest
Rate
|
APY*
| To Avoid Service Charge |
|---|
|
Evergreen
Interest
Business
Checking
|
$1,000
|
0.01%
|
0.01%
|
$1,000 minimum daily balance,
otherwise $15 service charge
per statement cycle
|
|
Evergreen
Non-Interest
Business
Checking
|
n/a
|
n/a
|
n/a
|
$1,000 minimum daily balance,
otherwise $10 service charge
per statement cycle
|
|
Evergreen
Nonprofit
Interest
Checking
|
$1,000
|
0.01%
|
0.01%
|
No per statement service charge
|
|
Evergreen Business Interest, Non-Interest, and Nonprofit Checking: For businesses with low volume activity and transactions; allows up to $10,000 in currency or less, 200 items deposited or less, and/or 20 deposits per month.
|
|
Evergreen
Analysis
Checking
|
n/a
|
n/a
|
n/a
|
Monthly service charge of $15 and per-item charges are calculated per statement cycle.
Earnings credit on balances may offset monthly service charges.
|
|
Evergreen Analysis Checking: For businesses with high activity and transactions over $10,000 in currency, over 200 items deposited and/or over 20 deposits per month.
|
*(APY) Annual Percentage Yield is accurate as of April 1, 2024.
Interest on Evergreen Interest-Bearing Checking Accounts is compounded monthly.
Interest rates are subject to change after the account has been opened. Fees could reduce the earnings on your account.
**Merchant Card Services: See Fee Schedule at your local Evergreen Branch for applicable fees.
FDIC - FDIC Insured — Backed by the full faith of the U.S. Government
|