When I last posted on this bank in July, they were just offering the 10-, 21- and 37-month CD specials. Before that July post a reader had mentioned some details not listed on the webpage. Maximum deposit is $50,000, and new money is required. An additional 0.10% can be added for ongoing direct deposit from employer into Harleysville checking account.
The reader who informed me of this new 7-month CD special also mentioned a new checking account promotion. Open a new free Checking Account ($50 minimum) and Visa Check Card at the same time, and get two movie ticket vouchers. Small print states that vouchers may be subject to tax. The bank is still listing a checking promo worth up to $75 on its website. However, the small print states that account must be opened by 8/15/09. You may want to check to see if they are extending this.
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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