Evergreen is a financial technology firm dedicated to bringing innovation to the staid world of asset management. We use digital technology to re-engineer traditional banking and investment products and deliver a custom financial solution to each individual client. Evergreen Money was founded by Bill Harris, former CEO of PayPal, Intuit and Personal Capital, an investment firm he founded and grew to $25 billion in assets. Our team includes technology veterans, product specialists and financial advisors.
Instant Access to Your Money
US Treasury Bills are guaranteed
by the full faith and credit
of the United States
High yield checking
swept into T-bills
5.39% yield
Charter client
$10,000 minimum
- Debit Card. Visa® Debit Card
- ATM Access. Cash withdrawals
- ACH Transfers. Electronic funds
- Direct Deposit. Earn immediately
- Wire Transfers. Same-day receipt
- Client Service. All day every day
Cash in your checking account is insured by the FDIC up to $250,000 per depositor †
More in your pocket
At most banks, interest is low and taxes are high. We built a checking account with high yield and no state taxes. Give it a try and let me know what you think.
1 Terms apply. 4 week Treasury bill rate (as of 4/1/24) when held to maturity. Rate is shown gross of the 0.03% per month fee on the average daily balance. For a list of fees, see here. Cash in your Evergreen Checking Account earns a variable 5.00% Annual Percentage Yield as of 4/1/24. The APY may change at any time.
Cash in your checking account is FDIC-insured through our partner bank, Coastal Community Bank, Member FDIC, and not state tax exempt.
US Treasury Bills are investments and guaranteed by the United States and state tax exempt. Investments are not deposits, not FDIC insured, and may lose value. Treasury bills are held in your SIPC-insured brokerage account with Jiko Securities, Inc. For details, please see www.sipc.org.
2 While other similar products may exist, we believe we are the first and the best at seamlessly integrating the features of a banking product and a Treasury bill account.
3 Source: treasurydirect.gov as of 4/1/2024
4 The value of Treasury bills fluctuates and investors may receive more or less than their original investments if sold prior to maturity.
* National average savings, interest checking, money market & CD rates as of 4/1/2024. Source: fdic.gov
Evergreen Money Corporation is a financial technology company, not a bank. Banking products are provided by Coastal Community Bank, Member FDIC, pursuant to a license from Visa USA Inc. Deposits are insured up to $250,000 per depositor.
Investment advisory services are provided by Evergreen Money Advisors, an SEC-registered investment advisor.
Evergreen Money, Evergreen Money Advisors, and Coastal Community Bank do not provide tax, legal, or accounting advice. Information stated is not intended to provide nor should it be relied on for tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in transactions.
INVESTMENTS IN TREASURY BILLS AND OTHER INVESTMENTS ARE NOT DEPOSITS, NOT INSURED BY THE FDIC, NOT BANK GUARANTEED, AND MAY LOSE VALUE INCLUDING LOSS OF PRINCIPAL.
Treasury services provided by Jiko Securities, Inc., a registered broker-dealer, member FINRA and SIPC. Securities in your account protected up to $500,000. For details, please see sipc.org. The Jiko bank account is offered by Jiko Bank, a division of Mid-Central National Bank. Past performance is not indicative of future results. Jiko Group, Inc. and its affiliates do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. See FINRA BrokerCheck, Jiko U.S. Treasuries Risk Disclosures, and Jiko Securities Inc. Form CRS.
Treasury services provided by Jiko Securities, Inc., a registered broker-dealer, member FINRA and SIPC. Securities in your account protected up to $500,000. For details, please see sipc.org. The Jiko bank account is offered by Jiko Bank, a division of Mid-Central National Bank. Past performance is not indicative of future results. Jiko Group, Inc. and its affiliates do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. See FINRA BrokerCheck, Jiko U.S. Treasuries Risk Disclosures, and Jiko Securities Inc. Form CRS.
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Treasury bills are guaranteed by the full faith and credit of the United States†
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A new kind of checking account
The functionality of a checking account.
Better return than a high yield savings account.
Invested in US Treasury Bills for safety and yield.
US Treasury Bills are guaranteed by the United States and state tax exempt. Cash in your checking account is FDIC-insured and not state tax exempt.
US Treasury Bills are guaranteed by the United States and state tax exempt. Investments are not deposits, not FDIC insured, and may lose value. Cash in your checking account is FDIC-insured through our partner bank, Coastal Community Bank, Member FDIC, and not state tax exempt.
See Terms
How it Works
Introducing
Liquid Treasuries
Bill Harris
Founder of Evergreen Money
How Liquid Treasuries work
Deposits are automatically swept into US Treasury Bills.
When you swipe your card, money is instantly moved out of T-bills.
See Terms. US Treasury Bills are safe and secure, guaranteed by the United States and state tax exempt (treasury.gov). Investments are not deposits, not FDIC insured, and may lose value.
Cash in your checking account is FDIC-insured through our partner bank, Coastal Community Bank, Member FDIC, and not state tax exempt.
Sign Up
High Yield
High yield checking invested in T-bills
No State Tax
Exempt from
state taxes
state taxes
Instant Access
Instant access
to your money
to your money
Safe & Secure
T-bills are guaranteed by the United States
$250 bonus
when you fund your account
As a charter client, you receive a welcome gift of $250 after you fund your account with the $10,000 minimum deposit.
Digital Wealth Advisors
Liquid Treasuries
Top Ten Tax Strategies
What we do and why
Wealth Associates and Advisors
US Treasury Bills are safe and secure.
Liquid Treasuries make them easy and instant.
Source: Treasury.gov
1
Charter client
$10,000 minimum
Instant Access to Your Money
- Debit Card. Visa® Debit Card
- ATM Access. Cash withdrawals
- ACH Transfers. Electronic funds
- Direct Deposit. Earn immediately
- Wire Transfers. Same-day receipt
Client Service. All day every day
US Treasury Bills are guaranteed
by the full faith and credit
of the United States
Cash in your checking account is insured by the FDIC up to $250,000 per depositor †
Treasury bills are guaranteed by the full faith and credit of the United States
US Treasury Bills are safe and secure.
Liquid Treasuries make them easy and instant.
Source: Treasury.gov
After-tax return is based on the top federal tax rate of 37% plus 3.8% NIIT and the top California tax rate of 13.3%. Bank APYs are from the respective bank's website as of 3/1/2024. The Evergreen Liquid Treasuries' return assumes a $50,000 average balance and a stable 4-week Treasury bill yield of 5.40% annually, and held to maturity. As with all investments, T-bill yields fluctuate and T-bills are not deposits, not FDIC-insured, and may lose value.
See Terms. Bank APYs are from the respective banks’ websites as of 4/1/24. After-tax return is based on a top total tax rate of 54.33% for New York City (37% federal plus 3.8% NIIT plus 9.65% New York state plus 3.88% New York City). Treasury bills are exempt from state and local tax so their total tax rate is 41.8%. The Evergreen Liquid Treasuries' return assumes a full $50,000 balance, a stable 4-week US Treasury Bill yield of 5.39% annually, and held to maturity. As with all investments, T-bill yields fluctuate and T-bills are not deposits, not FDIC-insured, and may lose value.
Compare to your JP Morgan Chase checking account
$50,000 Balance
Yield / APY
Pre-Tax
After-Tax
JP Morgan Chase
0.01%
$5
$2
Evergreen Money
5.39%
$2,695
$1,595
After-Tax Return. The top state and city tax rate in New York City is 13.53%, but T-bills are exempt from state tax.
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3
Bill Harris
Founder of Evergreen Money
Founder of Evergreen Money
More in your pocket
At most banks, interest is low and taxes are high. We built a checking account with high yield and no state taxes. Give it a try and let me know what you think.
Compare to a
JP Morgan Chase
checking account
1
High yield checking
swept into T-bills
5.39% yield
First-of-its-kind checking account
LIQUID TREASURIES
High Yield
High yield checking
swept into T-bills
No State Tax
Exempt from
state taxes
Safe & Secure
T-bills are guaranteed
by the United States3
First-of-its-kind checking account2
LIQUID TREASURIES
See terms. Cash in your checking account is FDIC-insured through our partner bank, Coastal Community Bank, Member FDIC, and not state tax exempt. Interest rates from bank websites for savings accounts as of 4/1/24.
TM
Better than the best
high yield savings
Join Us Now
Earn more on your money
- High yield - 5.39% yield
- No state tax
- Guaranteed by US
- Debit card
- ATM withdrawals
- No moving between banks
- No minimum term
1
Better than
the best CD
Join Us Now
Earn more on your money
- High yield - 5.39% yield
- No state tax
- Guaranteed by US
- Debit card
- ATM withdrawals
- No moving between banks
- No minimum term
1
Better than the
best money market
- High yield - 5.39% yield
- No state tax
- Guaranteed by US
- Debit card
- ATM withdrawals
- No moving between banks
- No minimum term
1
TM
- High yield - 5.39% yield
- No state tax
- Guaranteed by US
- Debit card
- ATM withdrawals
- No moving between banks
- No minimum term
1
Better than the best
high yield savings
- High yield - 5.39% yield
- No state tax
- Guaranteed by US
- Debit card
- ATM withdrawals
- No moving between banks
- No minimum term
1
Better than
the best CD
- High yield -- 5.39% yield
- No state tax
- Guaranteed by US
- Debit card
- ATM withdrawals
- No moving between banks
- No minimum term
1
Better than the
best money market
Cash in your checking account is FDIC-insured through our partner bank, Coastal Community Bank, Member FDIC, and not state tax exempt. Interest rates from bank websites for savings accounts as of 4/1/24.
High Yield
High yield checking swept into T-bills
No State Tax
T-bills are exempt from
state and local taxes
state and local taxes
Safe & Secure
T-bills are guaranteed by the United States
First-of-its-kind checking account
LIQUID TREASURIES
TM
See Terms. US Treasury Bills are safe and secure, guaranteed by the United States and state tax exempt (treasury.gov). Investments are not deposits, not FDIC insured, and may lose value.
Cash in your checking account is FDIC-insured through our partner bank, Coastal Community Bank, Member FDIC, and not state tax exempt.
High Yield
High yield checking invested in T-bills
No State Tax
Exempt from
state taxes
state taxes
Instant Access
Instant access
to your money
to your money
Safe & Secure
T-bills are guaranteed by the United States
First-of-its-kind checking account
LIQUID TREASURIES
TM
1
1
See Terms. Bank APYs are from the respective banks’ websites as of 4/1/24. After-tax return is based on a top total tax rate of 54.33% for New York City (37% federal plus 3.8% NIIT plus 9.65% New York state plus 3.88% New York City). Treasury bills are exempt from state and local tax so their total tax rate is 41.8%. The Evergreen Liquid Treasuries' return assumes a full $50,000 balance, a stable 4-week US Treasury Bill yield of 5.39% annually, and held to maturity. As with all investments, T-bill yields fluctuate and T-bills are not deposits, not FDIC-insured, and may lose value.
US Treasury Bills are guaranteed by the United States and state tax exempt. Cash in your checking account is FDIC-insured and not state tax exempt.
Compare to a
JP Morgan Chase
checking account
$50,000 Balance
Yield / APY
Pre-Tax
After-Tax
JP Morgan Chase
0.01%
$5
$2
Evergreen Money
5.39%
$2,695
$1,595
After-Tax Return. The top state and city tax rate in New York City is 13.53%, but T-bills are exempt from state tax.
1
4
US Treasury Bills are investments and guaranteed by the United States and state tax exempt. Investments are not deposits, not FDIC insured, and may lose value. Treasury bills are held in your SIPC-insured brokerage account with Jiko Securities, Inc. For details, please see www.sipc.org.
US Treasury Bills are investments and guaranteed by the United States and state tax exempt. Investments are not deposits, not FDIC insured, and may lose value. Treasury bills are held in your SIPC-insured brokerage account with Jiko Securities, Inc. For details, please see www.sipc.org.
Is my money safe?
The cash in your checking account is insured by the FDIC through our partner bank, Coastal Community Bank, Member FDIC, up to $250,000 per depositor. The US Treasury Bills in your brokerage account are insured by the SIPC up to $500,000 per account holder and are guaranteed by the full faith and credit of the United States without limit. Treasury Bills are not FDIC insured, not deposits, and may lose value.
What are Treasury bills?
US Treasury Bills are short-term (typically 4 to 13 week) government obligations used to fund social security, the military and other programs. They are sold at a discount and mature at full price, so a 4-week T-bill would sell for $996 and mature at $1,000 -- a 5.24% annual return.
How do Liquid Treasuries work?
A Liquid Treasuries account combines a checking account with a brokerage account which holds only US Treasury Bills. Deposits into the checking account are used to buy T-bills. Debit card purchases and other outgoing transfers are funded by selling T-bills.
What is tax-equivalent yield?
The tax-equivalent yield is used to compare taxable and tax exempt investments. It is the taxable yield necessary to generate the same after-tax return. For illustration only, with a 40% federal and 10% state tax rate (an approximation for a high-income taxpayer in a high-tax state), a state tax exempt 5.0% Treasury bill would have a tax-equivalent yield of 6.0% .
| Tax Exempt | Taxable | |
|---|---|---|
| Pre-tax yield | 5.0% | 6.0%* |
| Tax rate | 40% | 50% |
| After-tax yield | 3.0% | 3.0% |
*tax equivalent yield
Can I talk to a live person?
Our Client Service team is available by email or live chat all day, every day. Whether you are a client or just interested, we welcome your call.
What does Evergreen Money charge?
We do not charge commissions or transaction fees. We charge a monthly fee of 3 basis points (0.03%) on Treasury bills and 4 to 6 basis points (0.04% to 0.06%) on other investments.
What is Evergreen Money?
Evergreen is a financial technology firm dedicated to bringing innovation to the staid world of asset management. We use digital technology to re-engineer traditional banking and investment products and deliver a custom financial solution to each individual client.
Evergreen Money was founded by Bill Harris, former CEO of PayPal, Intuit and Personal Capital, an investment firm he founded and grew to $25 billion in assets. Our team includes technology veterans, product specialists and financial advisors.
Is my money safe?
The cash in your checking account is insured by the FDIC through our partner bank, Coastal Community Bank, Member FDIC, up to $250,000 per depositor. The US Treasury Bills in your brokerage account are insured by the SIPC up to $500,000 per account holder and are guaranteed by the full faith and credit of the United States without limit. Treasury Bills are not FDIC insured, not deposits, and may lose value.
What are Treasury bills?
US Treasury Bills are short-term (typically 4 to 13 week) government obligations used to fund social security, the military and other programs. They are sold at a discount and mature at full price, so a 4-week T-bill would sell for $996 and mature at $1,000 -- a 5.24% annual return.
How do Liquid Treasuries work?
A Liquid Treasuries account combines a checking account with a brokerage account which holds only US Treasury Bills. Deposits into the checking account are used to buy T-bills. Debit card purchases and other outgoing transfers are funded by selling T-bills.
What is tax-equivalent yield?
The tax-equivalent yield is used to compare taxable and tax exempt investments. It is the taxable yield necessary to generate the same after-tax return. For illustration only, with a 40% federal and 10% state tax rate (an approximation for a high-income taxpayer in a high-tax state), a state tax exempt 5.0% Treasury bill would have a tax-equivalent yield of 6.0% .
| Tax Exempt | Taxable | |
|---|---|---|
| Pre-tax yield | 5.0% | 6.0%* |
| Tax rate | 40% | 50% |
| After-tax yield | 3.0% | 3.0% |
*tax equivalent yield
Can I talk to a live person?
Our Client Service team is available by email or live chat all day, every day. Whether you are a client or just interested, we welcome your call.
What does Evergreen Money charge?
We do not charge commissions or transaction fees. We charge a monthly fee of 3 basis points (0.03%) on Treasury bills and 4 to 6 basis points (0.04% to 0.06%) on other investments.
Frequently Asked Questions
US Treasury Bills guaranteed by the United States and state tax exempt. Investments are not deposits, not FDIC insured, and may lose value. Treasury bills are held in your SIPC-insured brokerage account with Jiko Securities, Inc. For details, please see www.sipc.org.
See terms. Cash in your checking account is FDIC-insured through our partner bank, Coastal Community Bank, Member FDIC, and not state tax exempt.
US Treasury Bills guaranteed by the United States and state tax exempt. Investments are not deposits, not FDIC insured, and may lose value. Treasury bills are held in your SIPC-insured brokerage account with Jiko Securities, Inc. For details, please see www.sipc.org.
See terms. Cash in your checking account is FDIC-insured through our partner bank, Coastal Community Bank, Member FDIC, and not state tax exempt.
US Treasury Bills guaranteed by the United States and state tax exempt. Investments are not deposits, not FDIC insured, and may lose value. Treasury bills are held in your SIPC-insured brokerage account with Jiko Securities, Inc. For details, please see www.sipc.org.
See terms. Cash in your checking account is FDIC-insured through our partner bank, Coastal Community Bank, Member FDIC, and not state tax exempt.
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Cash in your checking account is FDIC-insured through our partner bank, Coastal Community Bank, Member FDIC, and not state tax exempt
US Treasury Bills guaranteed by the United States and state tax exempt. Investments are not deposits, not FDIC insured, and may lose value. Treasury bills are held in your SIPC-insured brokerage account with Jiko Securities, Inc. For details, please see www.sipc.org.
US Treasury Bills guaranteed by the United States and state tax exempt. Investments are not deposits, not FDIC insured, and may lose value. Treasury bills are held in your SIPC-insured brokerage account with Jiko Securities, Inc. For details, please see www.sipc.org.
Cash in your checking account is FDIC-insured through our partner bank, Coastal Community Bank, Member FDIC, and not state tax exempt
Cash in your checking account is FDIC-insured through our partner bank, Coastal Community Bank, Member FDIC, and not state tax exempt
US Treasury Bills guaranteed by the United States and state tax exempt. Investments are not deposits, not FDIC insured, and may lose value. Treasury bills are held in your SIPC-insured brokerage account with Jiko Securities, Inc. For details, please see www.sipc.org.
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