Sovereign Bank is offering customers $150 when opening a new Premier Banking Package with a Premier Checking and a Premier Money Market Savings account. This offer requires the customer to use online banking with bill pay as well as make five purchases with their Sovereign Debit Card or set up direct deposit. Click here for more information.

SunTrust’s Free Business Checking will be replaced by Primary Business Checking on 10.01.2010. All customers who open or convert to SunTrust Free Business Checking after 06.30.2010 will be converted to Primary Business Checking on 06.01.2011. Primary Business Checking will require a $1,000 minimum average monthly balance in order to waive a $10 monthly maintenance fee.

Sovereign Bank is offering auto loan rates as low as 3.49% APR. The advertised rate requires a qualifying Sovereign deposit account with automatic payment. Loan applications must be submitted between 09.18.2010 and 11.12.2010 to receive the promotional rate. Click here for more information.

Now through 12.31.2010, Pentagon FCU is offering members 3% cash back on electronics and sporting good purchases when using their Visa Platinum Cash Rewards Card. Additional cash back offers include: 5% on gasoline purchases, 2% on supermarket purchases, and 1% on everything else.
Click here for more information.

New Quicken mortgages closed by 12.31.2010 will be automatically entered into the Thanks a Million Giveaway. In celebration of their millionth closed loan, the grand prize winner will have their mortgage paid off up to $250,000. For more details, please see the upcoming issue of the Monthly Retail Mortgage Loan Bulletin.

Regions Bank's online banking service, iTreasury will be upgraded to improve current capabilities on 10.25.2010. The enhancements will include a new wire transfer template for federal tax payments, a cash concentration service, an email alert feature, and online statements. Click here for more information.