Checking Account Promo
If you need to open a checking account to take advantage of these CDs, you may want to consider their GenGreen Checking. The bank is offering a bonus of up to $75 for opening this account, but it requires some time and some work. The first $25 is easy. You just have to open a new GenGreen account by 8/15/09 with activation of a Visa Check Card. To earn another $50 will take some work. They're offering 10 cents for each check card purchase or Web bill payment through 4/22/10 up to a maximum of $50.
It appears a branch visit is required to open accounts. Branches are located throughout 10 counties of eastern Pennsylvania.
The banks ratings for safety and soundness are fair: 3 stars (adequate) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 3/31/09 financial data. The bank has been a FDIC member since 1934 (FDIC Certificate # 7516).
Thanks to the reader who emailed me info on this CD special.
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