Bank of America is offering two new products called the Platinum Business Interest Maximizer and the Personal Money Market Savings to all states where they have branches except California. The Platinum Business Interest Maximizer is a business money market savings product available to customers with a valid business checking account and at least $50,000 in total small business deposits. It has tiered rates and no monthly maintenance fee. The Personal Money Market Savings also offers tiered rates but there is a monthly maintenance fee of $12 that can be avoided with a $2,500 minimum daily balance or by linking to a checking account.
American Airlines Federal Credit Union customers who open a new Business Savings and a Business Checking account with Visa CheckCard option will receive their first box of checks for free. The free checks will come as a $40 credit to the Business Checking Account towards the first order of checks. Click here for more information.
BBVA Compass is enhancing its Everyday Heroes program for community service providers, adding special offers on auto loans, lines of credit, mortgages, savings accounts, and credit card reward points. Enhanced program offerings include up to 0.50% off home equity loan rates, lower down payment on auto loan purchases, $100 account credit on the Simplified Line of Credit, and added bonus points to the CompassPoints rewards program. The program is available to current or new customers who qualify as an "Everyday Hero," including teachers, law enforcement officers, fire fighters, healthcare workers, and U.S. military members. Click here for more information.
Bank of the West is now serving affluent and high net worth clients with their mortgage lending needs through its Private Mortgage Banking division. The bank has formed a real estate financing team to serve its wealthiest customers on mortgages, home equity loans, and home equity lines of credit. Click here for more information.
CitiMortgage launched its 2012 Road to Recovery Tour featuring homeowner support events in 35 cities across the country. The free events are open to all CitiMortgage homeowners and will offer one-on-one counseling in private settings. Borrowers who are facing challenges can ask questions about their mortgages and obtain information about their options. The first event took place on 04.24.2012 in Orlando, FL. Click here for more information.