* Open a new Florence Bank personal checking account at our Springfield or West Springfield Branch or Online using Promo Code “225” and earn a $100 bonus when you enroll in eStatements. Earn an additional $100 bonus when you have at least $400 in direct deposits cumulatively post to the new account. (The bonus amounts do not count toward the $400.) Earn another $25 bonus by downloading and logging in to the Florence Bank Mobile App at least once. Conditions must be met within 60 days of account opening. Each cash bonus will post to your new account after each condition is met and may take up to 75 days from the account opening.
** To earn 2% cash back (up to $10) on debit card purchases posted to your account, and refunds of nationwide ATM fees incurred during each statement cycle, you must have 12 or more debit card purchases post to your account; be enrolled in online banking and receive eStatements; and must have at least one deposit post during each statement cycle. If requirements are met, we will post cash back rewards to your account and refund ATM fees on the last business day of the statement cycle. ATM fee refunds may be reportable as miscellaneous income.
*** To qualify for the highest interest rate and refunds of nationwide ATM fees incurred during each qualification period, you must have 12 or more debit card purchases post to your account; be enrolled in online banking and receive eStatements; and, have either a Direct Deposit or ACH Auto Debit. Qualifying transactions are measured for items posted to your account for the monthly period beginning on the last business day of the previous statement cycle through to the next to the last business day of the statement cycle. ATM fee refunds may be reportable as miscellaneous income.
Minimum opening deposit of $10 is required. Offer is for new personal checking accounts only. Current or former customers who have held a checking account with Florence Bank in the last 180 days are not eligible. If multiple accounts are opened by the same signer, only one account will be eligible for the bonuses. This offer may be withdrawn at any time. Each bonus will be considered interest for tax purposes and is subject to 1099 reporting.
Variable-Rate Annual Percentage Yield (APY) for Rewards Checking varies by tier. As of 2/27/2019, an APY of 0.50% will be paid on balances up to $25,000. Interest Rate for balances over $25,000 is 0.10% with an APY ranging from 0.50% to 0.39% depending on the balance in the account and assuming a maximum of $35,000. There is no minimum balance to obtain the APY. The interest rate and the APY may change after the account is opened. Fees may reduce earnings.