*To obtain a $500 reward, a new Prosper Checking, Prosper Checking with Savings, Select Checking, or Simply Checking account must be opened with an initial deposit of at least $10,000 on or before March 17th, 2024, with new money not currently on deposit at Westfield Bank, FSB. Initial deposits less than $10,000 will earn a $250 reward with a minimum opening deposit of $500 of new money.
A monthly direct deposit or recurring ACH debit/credit must be established. We will pay the reward by crediting the qualifying amount to your new Westfield Bank checking account as interest within 10 days of meeting the promotion requirements above. The amount of the reward will be reported to the IRS as interest income. Your account must remain open for 180 calendar days, or the amount of the reward will be deducted from the account at closing. To qualify for the bonus, you must be a Westfield Bank business customer and you do not have an existing consumer checking account relationship with the Bank. There is a limit of one reward per household (same address) and is available to Ohio residents only. This offer is not available to individuals who have received a reward from Westfield Bank in the last 12 months.
Annual percentage yields (APY’s) are accurate as of January 1st 2024. APY’s for Prosper Checking varies by tier: for balances $15,000 and below, 0.50% APY; for balances above $15,000, 0.50% - 0.12% APY (Blended rate – varies by account balance). APY for Prosper Checking with Savings varies by tier: for balances $15,000 and below, 2.02% APY; for balances above $15,000, 2.02% - 0.34% APY (Blended rate – varies by account balance). Non-qualifying Prosper Checking and Prosper Checking with Savings, 0.01% APY. To obtain the APY’s for the Prosper Checking and Prosper Checking with Savings account, you must meet all qualifications: 1) Have at least 12 debit card point-of-sale (POS) purchases post and clear within a qualification cycle; 2) Have at least 1 direct deposit or automatic payment post and clear within a qualification cycle; 3) Enroll in online banking and receive electronic statements to a valid e-mail address. Prosper Checking with Savings account requires opening and keeping open a Prosper Savings account. APY’s for Prosper Savings varies by tier: for balances $35,000 and below, 0.20% APY; for balances above $35,000, 0.05% - 0.10% APY (Blended rate- varies by account balance). APY for Select Checking: 0.01% APY. Variable rates may change at any time without notice. Fees could reduce earnings. This invitation is subject to change or cancellation at any time without notice.