Dedicated to Deposits: Deals, Data, and Discussion

$150 Checking Account Bonus and Other Deposit Deals at Flushing Savings Bank in NY - Local Only

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Flushing Bank
Flushing Savings Bank is offering up to $150 for opening a checking account. The promotion is scheduled to last until November 30, 2009. Details of the offer are described in the bank's promotions page:
  • Receive $100 for signing up and receiving direct deposit to you new checking account
  • Get an additional $50 for making 5 debit card purchases of $25 or more each
It appears that a branch visit is required to open an account.

The bank also lists some other good deals as of 10/25/09 at the promotions page. There's a checking account with a 1.25% APY for balances of at least $5,000 and a money market account with a 1.50% APY for balances of at least $5,000. Also, it lists some competitive CD rates: 2.00% APY 12-month CD, a 2.12% APY 24-month CD and a 3.50% APY 60-month CD. Minimum deposit is $5,000, and a new Relationship or BestRate checking account is required to receive these rates.

It appears that a branch visit is required to open an account. Branches are located in Queens, Brooklyn, Manhattan and Nassau in New York.

The bank's ratings for safety and soundness are above average: 4 stars (excellent) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 6/30/09 financial data. The bank has been a FDIC member since 1943 (FDIC Certificate # 16049).

Flushing Savings' Internet Bank - iGObanking.com

You can get the above CD rates online without any checking requirement at Flushing Savings' internet bank, iGObanking.com. iGObanking also offers an online savings account with a 1.41% APY as of 10/25/09 and an online checking account with a 1.00% APY as of 10/25/09. Refer to my bank review for details of these accounts.

Other Bank Bonuses

To find other bonus deals, please refer to my bank bonus page which has all of my recent bank bonus posts.
  Tags: New York, Flushing Bank, CD rates, checking account, savings account

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Comments
4 comments.
Comment #1 by Anonymous posted on
Anonymous
does ACH work for DD?

1
Comment #2 by Anonymous posted on
Anonymous
BankingGuy - Was looking through your local NY CD rates and thought I'd bring this Credit Union to your attention: CFCU Community Credit Union in NY. 10-month Jumbo rate is 2.27% but for premiere members of the CU the rate gets bumped up to 2.77% (an additional 0.50%).
Respectfully, A NY Saver

1
Comment #3 by Anonymous posted on
Anonymous
If you happen to be in the area, even with an out of state address, they will let you open an account at a branch.

1
Comment #4 by Anonymous posted on
Anonymous
This promotion has been extended until May 31st, 2010!!!!!!!!

1