Sovereign Bank is offering cash bonuses to customers who open a Premier Checking Package, Preferred Checking Package, or Classic Checking Package online by 03.31.2012. To receive the cash bonus, customers must open the account with a minimum deposit of $25, link the account to a new or existing savings or money market savings account, enroll in online banking within 60 days of account opening, and make five debit card purchases or have one direct deposit within 60 days of account opening. For those who meet these requirements, Sovereign will pay $125 for the Premier Checking Package, $75 for the Preferred Checking Package, and $50 for the Classic Checking Package. Click here for more information.

Capital Federal Bank is offering a President’s Day CD special on 2.20.2012. This offer is only available for personal accounts opened in person at any Capitol Federal office. Customers must open the CD with at least $1,000. Click here for more information.

Astoria Federal Savings is running a teen photo contest with the theme “Eye on Style: People, Fashion and Trends.” Each of the 12 contest winners will receive a $250 cash prize and their teacher will win a $100 grant for classroom use. Winners, their family, and their teachers will also be invited to a VIP reception at Astoria Federal Savings’ corporate headquarters. Contestants must be between the ages of 13 and 19 and all entries must be received by 03.31.2012. Click here for more information.

The online division of Flushing Savings Bank, FSB, iGObanking.com, has a special value added program through GiftsforBanking.com that includes gifts for Valentine’s Day. Customers who open a 2, 3, or 5-year CD with a $5,000 minimum opening balance will receive a gift that corresponds to the amount deposited and the term selected. Once the customer has funded the CD, they will receive a personalized link to select their gift. In addition to the gift, the customer will earn an APY of 0.35% on the 2-year CD, 0.55% on the 3-year CD, and 0.95% on the 5-year CD term. Click here for more information.

CenterState Bank’s Three Free Make the Switch Incentive offers customers who make the switch to CenterState Bank a free gift, free checking, and a free debit card. They are also encouraging their members to enter the Life’s a Breeze Sweepstakes to win a 2012 Convertible Mustang. Click here for more information.

American Airlines Credit Union is offering six $5,000 scholarships available to any member who is graduating high school, a current college student, or an adult continuing their education. Entries must be submitted by 03.16.2012. Click here for more information.