Umpqua Bank Offers $10 for every $50

For all you savers out there, Umpqua Bank has a pretty sweet promo running. For every $50 you save, they will give you an extra $10 a month. Instead of offering their deal upfront or after you complete multiple tasks all you need to do is open two accounts: a “Sweet Savers” account and a free checking account. The next steps are as follows:

Using their online banking, set up an automatic funds transfer from your Umpqua Free checking to the Umpqua Sweet Saver account of at least $50 per month and make sure your savings account balance grows by at least $50 per month. Umpqua will give you $10 a month till April 2010.

Key Point on both Accounts:

• The minimum opening balance for both accounts is $100, but we recommend you maintain at least $200 in your Umpqua Sweet Saver account in order to make sure you get the full $10 monthly credit. (There’s a slight fee if you don’t maintain a $200 minimum balance.)
• You must be fully integrated before August 28, 2009 to receive the deal.

To get the deal please click here.

Additional Promo – Business Booster

Set up a business checking account by August 28, 2009 and receive up to $1,300 worth of waived service charges on expressDeposit, merchant services and check supplies. A $250 check supply discount is also available to new business checking accounts.

Key Points:

• $100 minimum opening deposit required; no public funds

• $200 merchant services credit applies to new merchant services customers only, one credit per customer

• Must have an Umpqua Bank business checking account that is used for merchant payments/credits to receive the offer.

• $200 credit will be posted to the Umpqua Banking checking account within 90 days from the first merchant account activity.

• $850 expressDeposit discount applies to new expressDeposit customers only with a minimum account opening deposit of $10,000

• expressDeposit monthly maintenance fee is $40; maintenance fee of $40 per month/per customer may be waived for the first six months after the account is opened (up to $240).

To learn more please click here.

About the banks

 

Umpqua Bank

Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ) and has 150 locations between Napa, Calif. and Bellevue, Wash., along the Oregon and Northern California Coast and in both Central California and Central Oregon. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including the Wall Street Journal, New York Times, BusinessWeek, Fast Company and CNBC.

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