Earn $100 With Suburban Bank &Trust's (IL) Green Checking Promotion


Availability: Market area is metropolitan Chicago area

Now through June 30, 2015 Suburban Bank & Trust (SBT) will put "$100 in your pocket" when opening a new SBT Green Checking account.

SBT’s Green Checking account has no minimum balance requirement, with free online and mobile banking, and e-statements. Bill pay services are free also, although there is a possibility of a monthly inactivity charge:

Online bill pay is free to customers who actively use the service to make bill payments. Accounts that remain inactive for a period of three (3) consecutive months may be assessed a $4.95 monthly inactivity charge.

The $100 Bonus will be deposited in the Green Checking account within 90 days after the following requirements are met.

Bonus Requirements:

  • Use promo code 7750 when opening online, or print hard copy to open at a branch location.
  • Minimum opening deposit of $50 of new money, defined as "funds that have not been held by SBT in the preceding 90 days."
  • Complete at least six qualifying monthly transactions for two consecutive statement cycles, including direct deposits, payments made by check, debit card purchase of at least $5, and electronic bill payments.


  • Green Checking account must remain open for a minimum of six months or the bonus amount will be deducted at account closing.
  • Offer is not available to employees of SBT.
  • Offer is not available in combination with other SBT offers.
  • Limit of one checking account bonus per primary account holder per calendar year.


Suburban Bank & Trust’s market area is the greater Chicago metropolitan area. SBT offers its services and product line to U.S. citizens, 18 years or older, residing in its market area.

The Green Checking account can be opened online using promo code 7750, or at any of ten Illinois branches located in Chicago, Elmhurst (3), Lemont, Markham, New Lenox, Oak Lawn, Wheaton, and Wood Dale using a hard copy of the offer from SBT’s website.

Bank Overview

Suburban Bank & Trust has an overall health rating of "C+" on DepositAccounts.com, with a Texas Ratio of 29.95% (average), based on December 31, 2014 data. SBT has an above average capitalization level of 9.86%, a result of hold $407.08 Million in assets, with $46.37 Million in equity. Please refer to our financial overview of Suburban Bank & Trust for more details.

Established almost 40 years ago by a group of local business people and bankers, Suburban Bank & Trust (FDIC Certificate # 20443) was founded on the principle that "the American dream can be achieved by business people understanding and helping others." Through two acquisitions (First Security Bank of Wood Dale and Southwest Financial Bancorp), SBT has grown to 10 branch offices in Chicago’s south and southwest suburbs, and DuPage County.

Other Bank Promotions and Bonuses

Not eligible for the Suburban Bank & Trust Green Checking account bonus? 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.

Anonymous   |     |   Comment #1
Ken do you know the new I-Bond rate yet? Thx!
Anonymous   |     |   Comment #2
Thanks, Ken.  By the way, this bank has a particular requirement (to get the bonus) that I've not seen before - "Payments to account holder, transfers, and consecutive debits from the same terminal within a 24 hour period will not qualify."  Since many people (myself included)have historically satisfied these kinds of requirements by making online payments - often consecutively - this is a rule to be wary of. 
4.02% Reward Checking Account at Suburban Bank & Trust in Chicago - Local Only

Update 9/8/10: The bank has suspended opening new accounts.

Suburban Bank & Trust is offering a high-yield reward checking account called SBT Rewards Checking. The account has the following rates and features if certain monthly requirements are met:

  • 4.02% APY on balances up to $15,000
  • 0.15% APY on portion of balance over $15,000
  • 0.05% base rate if requirements are not met
  • ATM fee refunds up to $20 per month

The monthly requirements include:

  • 10 debit card purchases
  • One direct deposit or auto debit
  • Receive e-statements

Additional features of the account regardless of the monthly requirements include:

  • $100 minimum initial deposit
  • No monthly...
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3.75% Money Market Account Guaranteed through 6/1/09 at Suburban Bank & Trust in Chicago
Suburban Bank & Trust has as money market account promotion with a 3.75% APY on balances over $25,000. The yield is guaranteed through 6/01/2009. This special doesn't seem to be listed on the bank's website. It was advertised on 12/11 in the My Suburban Life newspaper. The ad is available online here.

Some important small print of the ad:
  • Must be opened by December 31, 2008 with $25K of new money
  • 3.75% APY requires a SBT personal checking account with direct deposit or an active SBT consumer loan
  • Also required is online banking with...

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