* To receive the $300 or $500 cash bonus, open a new Armstrong Bank Exclusive or EZ Checking account, make an opening deposit of $100 or more, use your debit card eight times, and make qualifying direct deposit(s) within 60 days of account opening.
• The eight debit Mastercard transactions must clear and post to the account within the first 60 days of account opening.
• A qualifying direct deposit is a deposit of a paycheck, pension payment, Social Security payment, or other government benefits payment electronically deposited into the account from an employer or outside agency. Transfers from third-party services like PayPal, Venmo, or Zelle are not considered qualifying direct deposits.
• To earn the $300 bonus, you must have direct deposits totaling between $1,000 and $4,999.99 within the 60-day period.
• To earn the $500 bonus, you must have direct deposits totaling $5,000 or more within the 60-day period.
Your account must remain open and maintain a positive balance for 90 days following account opening. The incentive will be deposited to your account within 90 days after the 90-day period ends. The value of the incentive will be reported to the IRS as interest on your Form 1099-INT for the year in which it was received. Eligibility: The account holder must be a new customer, defined as someone who has not held a checking account with Armstrong Bank in the past 12 months. One incentive offer per household. Existing Armstrong Bank checking account customers are not eligible to receive the incentive. This offer is only valid for the recipient. In the event of suspected fraudulent activity, Armstrong Bank reserves the right to disqualify any participant from receiving the bonus. Additional Terms: The account must remain open and in good standing, with no overdrafts, for the entire 90-day period following account opening to qualify for the bonus. Account fees may apply. Account fees include but are not limited to overdraft fees, insufficient funds fees, and monthly maintenance fees. Mastercard is a registered trademark, and Masterpass and the circles design are trademarks of Mastercard International Incorporated.