Avon Co-Operative Bank
Category: Bank Deals, CD Rates, Checking Accounts, Local Bank Deals- fhuff- 7:10 pm/ May 14, 2010Open a free checking account at Avon Co-Operative Bank and you could earn up to $25 for your old checks and debit card. The Avon, MA-based bank is also offering a free tote bag to customers who tell a friend about the free checking account.
Details of the free checking account offer include:
- Minimum opening deposit of $50
- MasterCard debit card
- No minimum balance
- No monthly service charge
- No per check charge
Avon Co-Operative Bank has several checking accounts to choose from:
- Absolutely free checking is for anyone
- 50+ Interest Checking for people aged 50 and up
- Direct Free Interest Checking includes direct deposit or automatic payment
There also is a Choice Rate Checking Account, which earns the best rates when balances are more than $1,500. If the balance falls below that amount, there is $6 monthly fee. The best rate on the Choice Rate account was 1% annual percentage yield (APY) as of April 13, 2010.
The bank also has competitive certificate of deposit (CD) rates. You can open a CD with a minimum of $1,000. The CD rate for three years is 2.78% APY, 3.04% for four years, and 3.2% for five years. The bank has other terms available. CDs have a penalty for early withdrawal.
- 6 Month CD %
- 1-year CD %
- 2-year CD %
- Money Market Account %
- Savings Account %
- 30-year Fixed Mortgage 3.62 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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If you know of any bank deal that we haven't featured on our blog yet, we would love to hear from you.
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