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Get $300

Open a new Personal Relationship Checking account with qualifying direct deposits.*

We'll give you $300 when you open a new Personal Relationship Checking account and establish a qualifying direct deposit of $500 or more that credits your account within 90 days of opening.

Personal Relationship Checking rewards you for doing more of your banking with Peoples Bank. The higher your combined balances in accounts and loans, the greater your benefits. Best of all, your package will adjust automatically each month to the appropriate level for which you qualify. It's easy!

Personal Relationship Checking Benefits

Available at Peoples Bank Branches in Skagit County

Anacortes Office
1218 Commercial Ave.
Anacortes, WA 98221
Phone: 360-588-0153
Map & Directions

Burlington Office
822 S Burlington Blvd.
Burlington, WA 98233
Phone: 360-404-2200
Map & Directions

Mount Vernon FC
1801 Riverside Dr.
Mount Vernon, WA 98273
Phone: 360-424-3319
Map & Directions

Mount Vernon Haggen
2601 East Division St. Mount Vernon, WA 98273
Phone: 360-848-1833
Map & Directions

 

*ELIGIBILITY REQUIREMENTS
This offer is available to new Peoples Bank checking customers who do not already have a personal checking account with us. A Personal Relationship Checking account is required and must be opened in person. The account owner must be 18 years or older at the time of account opening.

You are not eligible for this offer if you are an owner or co-owner of a personal checking account or an employee of Peoples Bank. The offer is not available to those with fiduciary accounts (such as a trust, escrow, estate) or if your account has been closed within 90 days or closed with a negative balance.

BONUS REQUIREMENTS
In order to receive a $300 bonus, open a new Personal Relationship Checking account (subject to approval) with a minimum opening deposit of $100 and establish a qualifying direct deposit of $500 or more that credits your account within 90 days of opening. The account must remain open and maintain a positive balance during this time.

A qualifying direct deposit is a deposit of your paycheck, pension or government benefits (such as Social Security) received electronically through the Automated Clearing House (ACH) network by your employer or an outside agency. Non-qualifying direct deposits for purposes of this offer include transfers from one account to another. For example, transfers between your own accounts or person to person transfers using a service such as People Pay, Venmo, Zelle or deposits made at a branch, ATM, or through mobile deposit do not qualify.

BONUS PAYMENT
We will deposit the bonus into your checking account within 90 days after meeting all requirements of the offer. Bonus payment is limited to one bonus per new customer and personal checking account, including all individual and joint accounts. The bonus cannot be paid without a valid U.S. Taxpayer Identification Number from the primary account owner. You are responsible for any federal, state or local taxes due on the bonus. Bonuses are considered interest and will be reported on IRS Form 1099-INT. Please consult your tax advisor.

ADDITIONAL IMPORTANT INFORMATION
Offer expires on July 26, 2019. This offer is subject to change and may be discontinued at any time without notice. Available at branches in Skagit County only. Not available for accounts opened online.

No minimum balance requirements apply to the Personal Relationship Checking account. The account Benefit Level is determined monthly and based on combined balances. There are no balance requirements for Gold level. Platinum level requires $10,000 in deposit balances or $100,000 in consumer or mortgage loan balances serviced at Peoples Bank. Diamond level requires $50,000 in deposit balances or $500,000 in consumer or mortgage loan balances serviced at Peoples Bank.

Interest on the Personal Relationship Checking account is compounded daily and will be credited to your account monthly. The interest rate and annual percentage yield for the account depend on the applicable Benefit Level outlined in the above paragraph. The Annual Percentage Yield (APY) effective as of 5/27/2019 is 0.01 % for Gold Level, 0.05% for Platinum level and 0.10% for Diamond level. Rates are variable and subject to change without notice.

Fees could reduce earnings in this account. The monthly service charge fee of $5.00 is waived if the account qualifies for Platinum or Diamond Benefit Level.

 

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