Source wording for the promotion. View official source Recorded Invalid Date.
¹The Bonus Select offer is available with Free & Easy Checking.
Offer valid for clients who do not have an existing or prior personal Checking account at Dedham Savings.
The amount of the bonus paid will be based on qualifying direct deposits, totaling the amounts listed below plus qualifying transactions as listed below, all completed within 90 calendar days of the account opening date.
Bonus Amount Recurring Direct Deposit Requirement* Dedham Savings Debit Card or Bill Pay Transactions Requirement $250 $2,500+ in 90 days 5+ debit transactions totaling $100+ in 90 days or 5+ Bill Pay transactions totaling $100+ in 90 days $500 $10,000+ in 90 days 5+ debit transactions totaling $100+ in 90 days or 5+ Bill Pay transactions totaling $100+ in 90 days $750 $20,000+ in 90 days 5+ debit transactions totaling $100+ in 90 days or 5+ Bill Pay transactions totaling $100+ in 90 days *Direct deposit must be recurring and deposited into Free & Easy Checking account on at least a monthly basis throughout the 90-day period after account opening.
A direct deposit is a recurring deposit of a paycheck, pension, Social Security or other regular monthly income, electronically deposited by an employer or outside agency into your account.
Electronic credits (other than payroll, pension, or government benefits) such as person-to-person payments, self-initiated transfers between your accounts at Dedham Savings and other institutions or brokerages (including pension accounts), and payments through third parties such as PayPal or eBay do not qualify as a direct deposit.
Bonus will be deposited to Checking account within 90 days after qualifications are met and will be reported to the IRS for tax reporting purposes.
One offer per client.
Offer expires December 31, 2026.
No minimum balance required to earn bonus.
To receive stated bonus, account must be opened in person at any Dedham Savings location or opened online using code “SELECT.”
Free & Easy Checking Requirements: Minimum deposit of $25 required to open account.
ATM rebates are applied at end of monthly statement cycle.
To qualify for ATM rebates, you must have online statements and monthly direct deposit.
A direct deposit is a recurring deposit of a paycheck, pension, Social Security, or other regular monthly income, electronically deposited by an employer or outside agency into your account. $50 opening deposit to receive Debit Card.