Service Credit Union is promoting a 3-month CD at 10% APY on balances between $250 and $1,000. Additionally, customers will get $150 cash back when they open a new ServicePlus Checking account with direct deposit. This promotion is valid in branch only on 11.25.2011. Click here for more information.
In response to the Bank Transfer Day movement, several credit unions and trusts are offering extra incentives to encourage consumers to make the switch from their bank. In addition to extended hours and additional staff, credit unions and trusts are promoting cash bonuses and great rates. According to a survey by CUNA, at least 650,000 consumers have joined credit unions within the last four weeks (cuna.org). Here are a few of the most interesting offers celebrating Bank Transfer Day:
• WV United FCU Offers 11.5% CD Rate
New members who move their account relationships to WV United FCU will be eligible to open a 6-month CD with an APY of 11.5% on balances up to $2,000. To qualify, the new member must open a checking or debit account, initiate direct deposit of their paycheck, get a debit card, and move their auto withdrawals or utilize EasyPay bill pay. Click here for more information.
• American Heritage FCU Offers Cash Bonus
American Heritage Federal Credit Union is offering new members up to $130. New members who open a checking account by 11.30.2011 with direct deposit will earn $50 and an additional $50 for their first bill pay. They will also receive a $25 Independence Check Card reward and $5 e-Statement reward. Click here for more information.
• Cash Bonus Offer at MidFlorida Credit Union
MidFlorida Credit Union will have free drinks and snacks on 11.05.2011 to celebrate Bank Transfer Day. Additionally, new customers who open a checking account by 11.30.2011 and sign up for direct deposit of at least $500 will receive a $127 cash bonus. Click here for more information.
• Co-op Services Offers $105 for Switching
New Co-op Services customers who shred their bank debit card and open a free Co-op Services checking account with direct deposit, e-Statements, and debit card will receive $105. Click here for more information.
• Pactrust Bank Pays $60 to Switch
Customers who open a new Value or Market Checking account at Pactrust Bank by 12.31.2011 and use their debit card at least once a month for the first 12 month will earn $5 cash back every statement period they use their debit card. Click here for more information.
Community Trust Bank in Kentucky is offering a 12-month Hoop CD special which requires a $2,500 minimum opening deposit. The CD starts at 0.99% APR and 0.01% is added to the rate every time the University of Kentucky wins a game. If the University of Kentucky wins the NCAA championship, 1.00% will be added to the rate. The offer ends on 11.10.2011.
SunTrust Bank is offering a special CD package which includes a 44-month and 64-month CD. Both CDs earn 2.10% APY on balances between $2,000 and $1,000,000. Customers must open both CDs together and split the balance equally between the two CDs in the package. To be eligible, customers must have an existing SunTrust checking account. Click here for more information.
NASA Federal Credit Union is offering a 10-month CD special which earns 0.60% APY on balances between $10,000 and $29,999; 0.80% APY on balances between $30,000 and $49,999; and 1.00% APY on balances over $50,000. To receive these rates, a direct deposit of at least $500 per month is required. If no recurring direct deposit is verified within 90 days, the certificate rate reverts to the standard 6-month CD rate in effect at the time the account was opened. Click here for more information.
In honor of their 60th anniversary, Warren Federal Credit Union is promoting a 6-month CD special at 6.00% APY on balances between $100 and $2,000 in new money. This offer is available until 06.25.2011 to credit union members who joined before 06.06.2011. Click here for more information.