Banks in Oregon offer services and amenities that can help you succeed in business. Knowledgeable representatives are eager to work with your business, whether you have one or more than a hundred employees. They can help you select the services to smooth out your payroll processing, expand your business through loans and equipment financing, and properly manage your cash flow.

Decide which services are critical to your business. Most Oregon commercial banking institutions have ATMs, and some partner with other Oregon banks to waive fees for customers using other ATMs. Online banking may be important to your business, particularly if you operate during non-traditional hours.

When considering an Oregon bank, keep these points in mind:

1. Amenities and services offered by the bank.

2. Talk with representatives of the Oregon banks you are considering about your specific business banking needs.

3. Be aware of various fees charged by a bank in Oregon. Ask whether the bank you are considering can lower or eliminate some fees.

Action Steps
The best contacts and resources to help you get it done

Open a business account at a commercial Oregon banking institution

Businesses are at an advantage when it comes to banking in Oregon. Most banks are eager to work with start-up or existing businesses. From large corporation to sole proprietorship, you can find a bank just the right size for your banking needs. Larger businesses will benefit most from online account management and other amenities to aid accounting departments. Smaller businesses will find personal attention from smaller banks appealing.

I recommend: Select "Oregon" at National Information Center, and the type of bank you are interested in, to quickly see banks in Oregon. A link to each listed bank is included. Other websites that compare Oregon banks include Assessor Links USA and All-Oregon.

Compare Oregon banking institutions

What features of banks in Oregon are most important for your business? Favorable interest rates, multiple branches and special processing for larger deposits are some of the things you might consider for your business.

I recommend: Websites comparing features, interest rates, and services of multiple Oregon banks save you time, simplifying your search for Oregon banking institutions. Banks.com includes a link to each bank in Oregon listed. Select "Oregon" on Bankrate and then select your city to see nearby banks. Links are included for each bank.

Consider Oregon commercial banking offering online account management

More Oregon banks offer online account access, meaning you don't have to wait for a monthly statement or plan your schedule around banking in Oregon hours. Any time of day, you could check account balances, schedule payments, transfer money between accounts, and confirm direct deposit receipts.

I recommend: State and national banks offering online account management include Community First Bank, Oregon Coast Bank, Chase and Bank of America.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  If you are contemplating a loan from an Oregon commercial banking institution, first develop or update a well-thought out business plan.
• •  Get to know the client services representatives at your commercial bank in Oregon. Developing a relationship will help them understand your business and they suggest a different account mix or fee schedule for your particular business needs.