Easthampton Savings Bank Has New Checking Account Bonus

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Availability: Bonus available in Massachusetts, Connecticut, and Rhode Island.

Easthampton Savings Bank (ESB) is offering a 3-part bonus promotion on its Basic, GetReal, and Premier checking accounts, which could total as much as $150. This is a limited-time offer, but no end date is specified on ESB’s website.

Details for the Basic, GetReal, and Premier checking accounts are listed on the promotion page.

The bonuses are for new ESB personal checking account customers in Massachusetts, Connecticut, and Rhode Island only. (Note: while some banks define "new" with specific time frames, such as "Only valid for those who do not have or did not have a checking account on or after March 1, 2016," ESB defines new as "never having had an ESB checking relationship.")

The bonus is broken down into three $50 increments as follows:

Account Opening

  • Open with Online Banking (activated within 60 days of account opening) and a Debit Card or
  • Open with Direct Deposit (bonus is achieved after the first direct deposit is made with a minimum of $25) and a Debit Card.

Online Bill Payments

  • 5 online bill payments must be posted to the account and online eStatements activated, both within 60 days of account opening. $50 Bonus will be paid into the account by the last day of the statement cycle following the 60th day the account has been opened.

One Year Anniversary

  • if checking account remains open and active for at least 365 days, a $50 Bonus will be paid into the account by the last day of the statement cycle following the 365th day the account has been opened.

Refer A Friend

ESB also has a $50 Refer A Friend Bonus that is tied to the above bonuses. The fine print on the bonus page outlines the requirements.

$50.00 will be credited to the account after the account opener has referred someone who opens a Checking Account and has provided the referral's name at account opening and opens the account with either one of the following options:

    Open with Online Banking (must be activated within 60 days of account opening) and a Debit Card, OR
    Open with Direct Deposit (Bonus achieved after the first direct deposit is made with a minimum of $25) and a Debit Card.

If achieved, this $50 Bonus will be paid into the account by the last day of the statement cycle following the 60th day the referred account has been open.

Availability

Easthampton Savings Bank’s checking account bonus is available to US Citizens and Resident Aliens, 18 years or older, who reside in Massachusetts, Connecticut, and Rhode Island.

The checking account promotion and the Refer A Friend bonus promotion can be opened using ESB’s online application or in person at any of ten Massachusetts branches located in Agawan, Belchertown, Easthampton (2), Hadley, Northampton (2), South Hadley, Southampton, and Westfield. ESB also has five Connecticut branches in Brooklyn, Danielson, Grosvenordale, Putnam, and Woodstock that operate under the CNB (The Citizens National Bank) brand.

Bank Overview

Easthampton Savings Bank, (FDIC Charter # 90188) has an overall health grade of "A" at DepositAccounts.com, with a Texas ratio of 7.44% (excellent), based on December 31, 2015 data. In the past year, ESB has increased its total deposits by $361.92 Million, an excellent annual growth rate of 41.61%. Please refer to our financial overview of Easthampton Savings Bank for more details.

Easthampton Savings Bank has been serving the residents of mid-Massachusetts since 1869. The majority of expansion and growth has taken place in the past 40 years, with eight new branches, the launching of its eBranch (2012), and the acquisition of The Citizens National Bank (2015). Easthampton Savings Bank is currently the 25th largest bank in Massachusetts, with assets in excess of $1.4 Billion.

Other Bank Promotions and Bonuses

Not eligible for Easthampton Savings Bank’s checking bonuses? Check out my latest bank and credit union bonus blog posts to find other promotions. In addition, DepositAccounts.com readers and I also post often on bonuses in the Bank Promotions Forum.

Comments
Top 9-Month CD Rate Available Nationwide at Easthampton Savings Bank

If you're looking for CDs with maturities under 1-year, you might be in for a shock when you compare rates. Interest rates are very low these days for short-term CDs. The best 9-month CD that I've found that's available nationwide is at Easthampton Savings Bank which is offering a 1.35% APY.  The only other competitive CD rate listed is a 2.00% APY 3-year CD. Minimum deposit is $1,000. These rates are listed in the bank's deposit rates page as of 10/24/2010.

As a comparison, this is 10 basis points higher than...

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