PNC Bank is offering a $100 bonus for a new Check Ready Auto Loan. To qualify for this offer, applications must be received between 06.04.2012 and 07.20.2012, and applicants must be approved for a Check Ready Auto Loan with a minimum loan amount of $7,500. An existing PNC checking account is also required. Click here for more information.

New BBVA Compass customers who open a new Build-to-Order or CompassLink Checking Account online by 6.30.2012 will receive a $100 cash bonus. To qualify, customers must open a new checking account online and set up a direct deposit of at least $300 or make three online bill payments of at least $50. Click here for more information.

The U.S. Department of Housing and Urban Development awarded grants to produce at least 741 affordable homes for low-income working families and individuals. The grants are funded through HUD’s Self-Help Homeownership Opportunity Program (SHOP) and are intended to significantly lower the cost of homeownership. The SHOP program provides federal grants on a competitive basis to national and regional non-profit organizations. Grants must be used to purchase land and make necessary infrastructure improvements, not to exceed an average of $15,000 per dwelling unit. Click here for more information.

In collaboration with Bottomline Technologies, Bank of America introduced an iPad application for its global treasury clients, utilizing the all-digital online payment and invoicing system Paymode-X. Using Paymode-X for iPad, executives now have real-time access to critical corporate payments information to stay connected, make decisions, and take the actions needed to ensure that their payment and settlement cycles continue to flow smoothly. Click here for more information.