Evergreen
Business
Checking

 

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 November 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

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