Melrose Cooperative Bank $100 Free Checking Account Bonus

Melrose Cooperative Bank is offering a $100 Free Checking account bonus when you set up direct deposit and do 10 bill pays. The Free Checking Account offers the best value in town with just $10 to open. There’s no minimum balance, and no per-check charges. Your first order of basic checks is free and you have unlimited account access around the clock. The $100 bonus offer will end on February 28, 2013.

Attention: For residents who live or work in Melrose, MA, including Saugus, Wakefield, Malden, and Stoneham community.

Melrose Cooperative Bank $100 Bonus Steps:

1. Open a Free Checking account by February 28, 2013.
2. Receive the first $50 when you sign up and receive direct deposit from payroll, pension, or recurring payment by April 30, 2013.
3. Receive another $50 when you sign up for bill pay and pay 10 bills before April 30, 2013.
4. Bonus will be credited to your checking account within 120 days of completing the requirements.

Bonuses are limited to one account per customer. They are also offering a 1 year 1.50% APY CD with a one-time option to add or withdraw 50% of your initial deposit without incurring a penalty or extending the term of the CD. This CD allows you the flexibility to adjust your deposit no matter how rates change.  Get a $100 bonus today with a Melrose Cooperative Bank Free Checking Account! Find all local bank deals on our extensive list!

Hot Deal of the Day: E*Trade offers up to $600 bonus when you deposit new funds. Enjoy no annual IRA fee and no minimums including stocks, bonds, ETFs and over 8,000 mutual funds, along with 1,300 no-load, no transaction fee mutual funds.