Bank of the West has a new promotion in which you can earn $100 for opening any new personal checking account with monthly direct deposit of at least $250. The promotion details are listed in bank's promo page at www.bankofthewest.com/neighbor. Checking account must be opened by 6/19/09. Some important details mentioned in the small print include:
First recurring direct deposit must be posted to your account within 60 calendar days of your account opening date
Bonus will be credited to your account within 60 days after satisfaction of conditions
Offer valid for a new personal checking account opened from with $100 or more from a financial institution other than Bank of the West
Offer does not apply to second or multiple checking accounts and/or existing checking customers
Limit of one $100 bonus per household per calendar year
Value of the offer reported to the IRS on Form 1099
I called Bank of the West yesterday, and the CSR wasn't too helpful for additional details. It appears to be available at all of Bank of the West branches. Make sure to check with local branch. They do have an online application, but I don't know if you'll qualify for this promotion if you apply online.
Branches are located throughout the Western and Midwestern states including Oklahoma, Kansas, Minnesota, Nebraska, Colorado, Arizona, Nevada, Wyoming, Washington, Oregon and California. The bank has been FDIC insured since 1934 (FDIC Certificate # 3514).
Thanks to the readers who emailed me news of this promotion.