*Offer valid for new members only. $200 Bonus may be earned in two parts: a) Earn $100 Bonus by opening a Free Checking Plus account with minimum opening deposit of $100, and completing at least 12 debit card purchases within the first 60 days of account opening; and b) Earn an additional $100 by opening a Guaranteed Money Market within the first 60 days of opening your Rivermark membership. Accounts will be evaluated on the 60-day anniversary for qualification requirements; accounts must be open and in good standing. Bonuses earned will be credited to your membership savings account within two weeks of the 60-day anniversary. Bonuses are subject to reporting to IRS on form 1099-INT; recipient is responsible for any applicable taxes (please consult a tax advisor). Bonus may be substituted for item of equivalent value at sole discretion of Rivermark; program may be modified or canceled at any time without notice. May not be combined with other offers.
**To earn the Free Checking Plus rate of 2.00% APY on balances up to and including $15,000, and 0.05% APY on balances over $15,000, you must meet the following monthly requirements: 1) Twelve (12) debit card transactions; 2) Log in to Online Banking; and 3) Receive e-Statements. In addition to earning the higher rate, you will receive automatic refunds on ATM fees nationwide, up to $12 maximum per month. If account requirements are not met, the rate will be 0.05% APY and ATM fees will not be refunded. All APYs effective 5/1/2020 and subject to change after account opening. Minimum opening deposit is $100. Fees may reduce earnings. Requirement cycles begin one day before the last day of each month. All requirements must be met with transactions posted and cleared by the close of business on the last day of the requirement cycle. ATM transactions do not count toward the 12 debit card transactions. Interest and ATM refunds will be paid on the last day of the month in which it is earned.
***Guaranteed Money Market will earn 1.05% APY (Annual Percentage Yield) on balances $15,000 and higher. New members only. Account must be opened within the first 60-days that the membership is established. Minimum opening deposit of $15,000 must come from an institution other than Rivermark (New Money) and requires a new Free Checking Plus account.
1Working with a national research firm, we compared our account rates and fees with the average rates and fees of local banks in the Portland Metro area. The calculations were provided by Informa Research Services, Inc. Please note that although Informa obtained the information directly from the banks, we cannot guarantee their accuracy as rates can change at any time. The formulas used for the calculations vary by account type.