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The following bonus info was reported in this iBankDesign.com post.


Quote:


Title: $50 bonus - FirstBank : CollegeInvest 529 Savings Plan Account; Exp. - unknown



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LINK

Terms:

$50 bonus offer valid for CollegeInvest 529 Savings Plan Accounts opened. Limit one gift per beneficiary. FirstBank College Savings Accounts do not have a minimum balance, but a minimum opening deposit of $50 and an automatic transfer into the FirstBank College Savings Account(s) of at least $1 is required to receive the gift. Transfers must have at least a monthly occurrence for six consecutive months. Limited time offer. The $50 award is considered interest and is subject to IRS and other tax reporting. The award will be given at account opening. Please consult your tax advisor regarding tax benefits. FirstBank College Savings Accounts can be 1-Year Time Savings Accounts or Money Market Savings Accounts. 1-Year Time Savings Accounts have an Annual Percentage Yield (APY) of 0.60%. A penalty will be imposed for early withdrawal on Time Savings Accounts. Money Market Savings Accounts have the following APY tiers ($0 up to $20,000 = 0.10%, $20,000 up to $100,000 = 0.20%, $100,000 and above = 0.40%). Rates effective 6-8-2011. We reserve the right to limit the amount of deposit.


End of quote.

Source: iBankDesign.com

 

 


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Definitions:
1 'Local' bonuses are bonuses for deposit accounts that are not available nationwide, such as credit uninon's accounts, accounts for in-state residents or local residents. Please keep in mind that some local bonuses may not be available to you if you live in an eligible state but not in an eligile city or county.
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