BUSINESS SAVINGS & CHECKING RATES
Business Savings Rates
| Effective Date: October 2, 2023 | Interest Rate | APY | Minimum Opening Balance | Minimum Daily Balance to Earn Interest | Interest Compounded | Interest Credited | Earnings Credit |
|---|---|---|---|---|---|---|---|
| Business Membership Account $5.00 - $9,999.99 | .05% | .05% | $25 | $100 | Quarterly | Quarterly | N/A |
| $10,000.00 - $24,999.99 | .05% | .05% | $25 | $100 | Quarterly | Quarterly | N/A |
| $25,000.00 and greater | .05% | .05% | $25 | $100 | Quarterly | Quarterly | N/A |
| Business Rainy Day Savings $100.00 - $9,999.99 | .05% | .05% | $25 | $100 | Quarterly | Quarterly | N/A |
| $10,000.00 - $24,999.99 | .05% | .05% | $25 | $100 | Quarterly | Quarterly | N/A |
| $25,000.00 and greater | .05% | .05% | $25 | $100 | Quarterly | Quarterly | N/A |
| Money Market Plus $0.01 - $1,000.00 | 1.14% | 1.15% | $25 | $0.01 | Monthly | Monthly | N/A |
| $1,000.01 - $5,000.00 | 1.09% | 1.10% | $25 | $0.01 | Monthly | Monthly | N/A |
| $5,000.01 - $10,000.00 | 0.80% | 0.80% | $25 | $0.01 | Monthly | Monthly | N/A |
| $10,000.01 - $50,000.00 | 0.12% | 0.12% | $25 | $0.01 | Monthly | Monthly | N/A |
| $50,000.01- $100,000.00 | 0.10% | 0.10% | $25 | $0.01 | Monthly | Monthly | N/A |
| $100,000.01 - $250,000.00 | 0.07% | 0.07% | $25 | $0.01 | Monthly | Monthly | N/A |
| $250,000.01 and greater | 0.05% | 0.05% | $25 | $0.01 | Monthly | Monthly | N/A |
| Business Choice Money Market $25,000.00 - $49,999.99 | 0.95% | 0.95% | $25,000.00 | $25,000.00 | Monthly | Monthly | N/A |
| $50,0000.00 - $99,999.99 | 1.00% | 1.00% | $25,000.00 | $25,000.00 | Monthly | Monthly | N/A |
| $100,000.00 and greater | 1.04% | 1.05% | $25,000.00 | $25,000.00 | Monthly | Monthly | N/A |
Business CD Rates
| Effective Date: April 1, 2024 | Interest Rate $500 – $24,999.99 | APY $500- $24,999.99 | Interest Rate $25,000 – $99,999.99 | APY $25,000 – $99,999.99 | Interest Rate >$100,000 | APY >$100,000 | Interest Compounded & Credited |
|---|---|---|---|---|---|---|---|
| 6 Months | 1.24% | 1.25% | 1.24% | 1.25% | 1.24% | 1.25% | Monthly |
| 12 Months | 2.47% | 2.50% | 2.47% | 2.50% | 2.47% | 2.50% | Monthly |
| 18 Months | 2.57% | 2.60% | 2.57% | 2.60% | 2.57% | 2.60% | Monthly |
| 24 Months | 2.67% | 2.70% | 2.67% | 2.70% | 2.67% | 2.70% | Monthly |
| 36 Months | 2.76% | 2.80% | 2.76% | 2.80% | 2.76% | 2.80% | Monthly |
| 48 Months | 2.86% | 2.90% | 2.86% | 2.90% | 2.86% | 2.90% | Monthly |
| 60 Months | 2.96% | 3.00% | 2.96% | 3.00% | 2.96% | 3.00% | Monthly |
| Flex 12 (Consumer, IRA, & Business) 12 Months | 5.46% | 5.60% | N/A | N/A | N/A | N/A | Monthly |
Business Checking Rates
| Effective Date: October 2, 2023 | Interest Rate | APY | Minimum Opening Balance | Minimum Daily Balance to Earn Interest | Interest Compounded | Interest Credited | Earnings Credit |
|---|---|---|---|---|---|---|---|
| Simply Free Business Checking | N/A | N/A | $25 | $0 | N/A | N/A | N/A |
| Premier Interest Business Checking $ .00 - $1,499.99 | 0.05% | 0.05% | $25 | $2,500 | Monthly | Monthly | N/A |
| $1,500.00 - $24,999.99 | 0.07% | 0.07% | $25 | $2,500 | Monthly | Monthly | N/A |
| $25,000.00 - $49,999.99 | 0.09% | 0.09% | $25 | $2,500 | Monthly | Monthly | N/A |
| $50,000.00 - $99,999.99 | 0.11% | 0.11% | $25 | $2,500 | Monthly | Monthly | N/A |
| $100,000.00 and greater | 1.04% | 1.05% | $25,000.00 | $25,000.00 | Monthly | Monthly | N/A |
| Commercial Checking | N/A | N/A | $25 | N/A | N/A | N/A | 0.50% |
Cannabis Business Savings & Checking Rates
| Effective Date: October 2, 2023 | Interest Rate | APY | Minimum Opening Balance | Minimum Daily Balance to Earn Interest | Interest Compounded | Interest Credited |
|---|---|---|---|---|---|---|
| Cannabis Business Membership Account $5.00 - $9,999.99 | 0.05% | 0.05% | $5 | $100 | Quarterly | Quarterly |
| $10,000 - $24,999.99 | 0.05% | 0.05% | $5 | $100 | Quarterly | Quarterly |
| $25,000.00 and Greater | 0.05% | 0.05% | $5 | $100 | Quarterly | Quarterly |
| Cannabis Business Money Market $25,000.00 - $49,999.99 | 0.95% | 0.95% | $25,000.00 | $25,000.00 | Monthly | Monthly |
| $50,000.00 - $99,999.99 | 1.00% | 1.00% | $25,000.00 | $25,000.00 | Monthly | Monthly |
| $100,000.00 and Greater | 1.04% | 1.04% | $25,000.00 | $25,000.00 | Monthly | Monthly |
| Cannabis Premier Interest Checking $.00 - $1,499.99 | 0.05% | 0.05% | $25 | $2,500 | Monthly | Monthly |
| $1,500.00 - $24,999.99 | 0.07% | 0.07% | $25 | $2,500 | Monthly | Monthly |
| $25,000.00 - $49,999.99 | 0.09% | 0.09% | $25 | $2,500 | Monthly | Monthly |
| $50,000 - $99,999.99 | 0.11% | 0.11% | $25 | $2,500 | Monthly | Monthly |
| $100,000 and Greater | 0.14% | 0.14% | $25 | $2,500 | Monthly | Monthly |
Our Cannabis Business Banking Services
- Business Checking Accounts: Manage your daily transactions with ease and efficiency.
- Cash Management Services: Efficient and secure handling of cash flow is critical in the cannabis industry. We've got you covered.
- Expert Guidance: Our team is here to provide support and advice on the best financial practices for your cannabis business.
- State-of-the-art Digital Banking: Access your finances anytime, anywhere.
- Business Savings: Earn more on your savings.
Meet Our Business Services Team
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![Headshot of Derek Stith]()
Derek Stith
(541) 918-7572Derek is an experienced Commercial Loan Officer with 18 years of experience in lending and a degree from Oregon State University. He has a proven track record of helping businesses secure financing to achieve their goals. When not at work, he enjoys kayaking, surfing, skiing, and spending time with his family. Contact Derek today to learn more about how he can help you take your business to the next level.
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![Headshot of Sherrie Payne]()
Sherrie Payne
(541) 497-8100Sherrie is a seasoned Business Relationship Manager with 25 years of experience in banking. Her commitment to exceptional member service has earned her the trust and loyalty of her clients. Outside of work, Sherrie enjoys gardening, painting, and volunteering. Contact her today to learn more about how she can help you grow your business and achieve financial success.
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