Update 9/12/2012: The promotion has been extended to September 19, 2012.
North Shore Bank is offering a $150 bonus when you open a new checking account with Direct Deposit OR 10 qualifying debit card transactions. The offer is listed at bank's promotions page, and it's scheduled to end on 9/19/2012
Below is the small print of the offer:
Limit 1 new checking bonus per household per year. Not valid with other offers. Only available until 5/9/12. Other restrictions may apply. $25 initial deposit required with direct deposit to open checking account, otherwise $50. Bonus will be paid out after 6/15/12. Debit card transactions or Social Security/payroll direct deposit must be processed through the account by 6/15/12. For tax purposes, a 1099 form may be issued. Personal accounts only. A monthly fee may be assessed if account requirements are not met.
Any of the bank's personal checking accounts qualify. It should be noted that all have potential monthly fees. Customers can avoid a $4.95 monthly fee on the eChecking account with direct deposit and e-statements. For the Better-Than-Free Checking, the $4.95 monthly fee can be avoided with a $750 balance, or direct deposit or 10 debit card transactions per month.
One plus for checking account customers is that they have free access to the MoneyPass ATM network which has 18,000 ATMs throughout the nation.
There's an online application, but the first page of the application requires you check that you currently have or plan to have ties to Wisconsin or Northern Illinois.
North Shore Bank branches are located throughout Wisconsin and in northern Illinois. Some of the major cities with branches include Milwaukee, Green Bay and Racine, Appleton.
The bank has an overall health score at DepositAccounts.com of 3 stars (out of 5) with a Texas Ratio of 36.01% (below average) based on December 2011 data. Please refer to our financial overview of North Shore Bank for more details. The bank has been an FDIC member since 1939 (FDIC Certificate # 28679).
Other Bank Bonuses
We have a bank promotions page with a table of all of the active bank and credit union promotions. You can filter the table based on the type of promotion and based on your state. I have more details about how to use this page in this blog post.