LIQUID TREASURIES ™
High yield checking swept into Treasury bills
5.31%
yield¹
After-tax return at Evergreen Money with Liquid Treasuries at the top California tax rate with a $100,000 balance versus bank savings accounts $10,000 minimum deposit. Fee applies.
Open Account
$10k minimum deposit. Fee applies.
See terms
Evergreen earnings compared to national banks
This is a hypothetical comparison. The after-tax return is net of the .03% per month AUM fee. View disclosures here.
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 6/20/24.
US Treasury bills are investments and guaranteed by the United States and state tax exempt. Investments are not deposits, not FDIC insured, not bank guaranteed, 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.
LIQUID TREASURIES ™
First-of-its-kind checking account²
5.31%
Yield¹
High Yield
High yield checking swept into Treasury bills
No State Tax
Treasury bills are exempt from state & local income tax
Safe & Secure
Treasury bills are guaranteed by the United States
Open Account
$10k minimum deposit. Fee applies.
See terms
Instant Access to Your Money
Evergreen Visa Debit Card
Debit Card.
Visa® Debit Card
ATM Access.
Cash withdrawls
ACH Transfers.
Electronic funds
Direct Deposit.
Earn immediately
Wire Transfers.
Same-day receipt
Client Service.
All day every day
Open Account
$10k minimum deposit. Fee applies.
See terms
marble columns
YOUR SAFETY
Four layers of protection
US Guarantee. Treasury bills are guaranteed by the full faith and credit of the United States. Treasury bills are safe and secure (treasury.gov). Liquid Treasuries make them easy and instant. FDIC insurance. Deposits are held in your Evergreen Checking Account at Coastal Community Bank, Member FDIC, until they are swept into Treasury bills and are FDIC-insured up to $250,000 per depositor. SPIC Insurance. Treasury bills held in your investment account are insured by the SIPC up to $500,000 per account holder at Jiko Securities, a registered broker dealer and member of FINRA and SIPC. Fiduciary duty. Evergreen Money Advisors is a Registered Investment Advisor with the SEC and has a legal obligation to put your interests first.
Open Account
$10k minimum deposit. Fee applies.
See terms
TWO ACCOUNTS IN ONE
How Liquid Treasuries work
Your Liquid Treasuries account combines a checking account and an investment account holding only Treasury bills.
1
Deposits in your checking account are swept into Treasury bills for high yield.
2
Cash for payments and card purchases is instantly swept out from your T-bills.⁴
ALL-INCLUSIVE FEE
How do we make money?
One Single Fee. Evergreen Money Advisors charges one single fee for everything we do. The monthly advisory fee for a Liquid Treasuries account is 0.03% of your average daily balance. No Hidden Fees. We have no other fees: no commissions, no subscription fees, no minimum balance fees, no NSF fees, and no overdraft fees.
Open Account
$10k minimum deposit. Fee applies.
See terms
BANKING, INVESTMENTS AND TAXES
Founder Bill Harris is an expert on financial strategy
Bill Harris, Evergreen founder and author of the Investment Tax Guide, is regularly interviewed on television and writes on financial and tax strategy. He is the former CEO of PayPal, Intuit and Personal Capital.
Money logo
“Tax planning can ultimately save you thousands.”
CBS logo
“Bank accounts are not the best place to keep your cash.”
Open Account
$10k minimum deposit. Fee applies.
See terms
red phone booth in London
ANY QUESTIONS?
Phone, chat, or email 24x7
You have questions. We have answers. Our rapid response team is available around the clock via phone, chat or email. Our Wealth Associates are available for product questions– schedule a call Monday through Friday between 8am and 8pm ET.
Frequently Asked Questions

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 $23 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 Treasury bills. Debit card purchases and other outgoing transfers are funded by selling Treasury bills.4 Banking products provided by Coastal Community Bank, Member FDIC.

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%

Can I talk to a live person?

Our Client Service team is available all day, every day. Whether you are a client or just interested, you can reach us via email at support@evergreenmoney.com, live chat, or phone 1-844-383-3874.

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.
¹Terms and limitations apply. 4 week Treasury bill rate (as of 6/20/24) when held to maturity. Rate is shown gross of the 0.03% per month fee on the average daily balance. Yields on Treasury Bills are subject to change with economic conditions and the yield would be lower if fees were taken out. For a list of fees, see here. Treasury bills are investments. Cash in your Evergreen Checking Account at Coastal Community Bank, Member FDIC, earns a variable 5.00% Annual Percentage Yield as of 6/20/24. 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. ²While 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. ³Source: treasurydirect.gov as of 6/20/24. ⁴The 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 6/20/24. 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.
Select the disclosure you need from the variants on this component.
¹Terms and limitations apply. 4 week Treasury bill rate (as of 6/20/24) when held to maturity. Rate is shown gross of the 0.03% per month fee on the average daily balance. Yields on Treasury Bills are subject to change with economic conditions and the yield would be lower if fees were taken out. For a list of fees, see here. Treasury bills are investments. Cash in your Evergreen Checking Account at Coastal Community Bank, Member FDIC, earns a variable 5.00% Annual Percentage Yield as of 6/20/24. 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. ²While 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. ³Source: treasurydirect.gov as of 6/20/24. ⁴The 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 6/17/24. Source: fdic.gov Evergreen Money Corporation is a financial technology company, not a bank. Banking services provided by Coastal Community Bank, Member FDIC. Deposits are insured up to $250,000 per depositor. The Evergreen Debit Card is issued by Coastal Community Bank, Member FDIC, pursuant to licensing by Visa U.S.A. Inc. 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.