Spring Cha-Ching Deposit Promo


1 Terms and Conditions for the Bank of Clarke Spring Cha-Ching $250 Promotion

Open a NEW Simple Checking Account from March 15, 2024, through May 31, 2024, and earn $250 Bonus.

To qualify for the $250 bonus, all the following requirements must be met:

  • Account owner(s) must not have an open checking account within the last 12 months.
  • The new account must be opened for a minimum of 90 calendar days.
  • The new account must have at least three qualifying direct deposits* within 90 days of account opening.
  • The new account must be enrolled in e-statements. 
  • The new account must remain in good-standing** during the 90-day qualification period and the account must have a positive balance at the conclusion of the 90-day qualification period.

* Qualifying direct deposit is a deposit of funds, such as your salary, social security, pension, retirement, or other income, that has posted to your account and is a direct deposit made through the Automated Clearing House (ACH) network or other payroll system. Transfers from one account to another, mobile deposits, Zelle®, or deposits made at a branch or ATM are not considered a qualifying direct deposit.

** For the purposes of this promotion, an account is in “good standing” if the accountholder makes sufficient deposits to bring the account to a positive end-of-day balance at least once every 30 calendar days (including the payment of all fees and charges). 

Bonus Payment:

  • Once the 90-day qualification period has elapsed, we will determine if you have met the offer requirements and will deposit any earned bonus into your new checking account within 30 days.
  • The new checking account must remain open throughout the 90-day qualification period and at the time we attempt to deposit any earned bonus payment.
  • Bank of Clarke will report the value of any offer reward received to the IRS as required by law. Any applicable taxes are the responsibility of the recipient. Please consult a tax advisor.

 

Additional Terms and Conditions:

  • The offer expires May 31, 2024. 
  • The offer is non-transferable, may not be combined with any other offers, is subject to change, and may be discontinued at any time prior to the expiration date without notice.
  • Limit of one bonus per customer.

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