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Home Federal Bank $100 Checking Promotion

February 23rd, 2010

Here’s a bank promotion for residents of Oregon and Idaho. Home Federal Bank is offering a $100 promotion for opening a reward checking account. Your bonus gets credited 10 days after opening your account. Here’s the link to the promotional page you need to print out and bring into a Home Federal Bank branch.

If you meet the requirements you get a 3.01% APY on balances up to $25,000, a 0.85% APY on balances over $25,000, and a 0.05% APY if you don’t meet the monthly requirements. You also get up to $20 in ATM refunds per month.

The monthly requirements to get the high interest rate is you must make 12 signature based check card purchases, 1 direct deposit, and receive estatements. You need at least $50 to open the account but there are no minimum balance requirements and no monthly fees.

Home Federal Bank has a strong 4 out of 5 star soundness rating from Bankrate and is FDIC insured. To visit their website click here.

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