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The following bonus info was reported in this iBankDesign.com post.
Quote:
Title: $25 bonus - Sovereign Bank : student checking account; Exp. - unknown
LINK
Terms:
Sovereign
Bank,
N.A.
is
a
Member
FDIC
and
a
wholly
owned
subsidiary
of
Banco
Santander,
N.A.
2012
Sovereign
Bank
|
Sovereign
and
Santander
and
its
logo
are
registered
trademarks
of
Sovereign
Bank
and
Santander,
respectively,
or
their
affiliates
or
subsidiaries
in
the
United
States
and
other
countries.
Proof
of
enrollment
required.
*In
order
to
qualify
for
the
cash
bonus,
you
need
to:
[1]
open
a
new
Sovereign
Student
Banking
package,
which
comprises
a
Sovereign
Student
Checking
account
and
a
Sovereign
Student
Savings
account,
or
have
a
pre-existing
savings
account,
each
with
a
minimum
opening
deposit
of
$10;
[2]
enroll
in
Online
Banking
at
account
opening;
[3]
request
a
Sovereign
Debit
MasterCard
[Debit
Card],
[4]
provide
a
valid
email
address,
and
[5]
make
5
purchases
with
your
Sovereign
Debit
Card
or
have
a
direct
deposit.
MasterCard
is
a
registered
trademark
of
MasterCard
International
Incorporated.
The
Sovereign
Student
Banking
package
is
available
for
full-time
and
part-time
students
between
the
ages
of
16
and
25
attending
a
college,
university
or
other
undergraduate
level
school.
The
5
debit
card
purchases
or
direct
deposit
must
be
made
within
60
days
of
the
last
day
of
the
month
in
which
the
account
was
opened.
Offer
expires
6/30/2012.
The
annual
percentage
yield
[APY]
as
of
3/24/2012
for
Sovereign
Student
Savings
is
0.05%.
Current
personal
checking
customers
or
anyone
who
has
had
a
personal
checking
account
with
Sovereign
Bank
or
any
of
its
divisions
in
the
last
year
are
not
eligible
for
this
offer.
Offer
available
only
to
residents
in
the
following
states:
ME,
VT,
NH,
CT,
RI,
MA,
NY,
NJ,
PA,
WV,
MD,
DE,
District
of
Columbia.
Maximum
$25
bonus
per
customer.
The
total
amount
of
the
bonus
credited
to
your
account
will
be
reported
to
the
IRS
as
interest
on
your
Form
1099INT
for
the
year
in
which
the
bonus
is
paid.
Cannot
be
combined
with
other
personal
checking
offers.
APYs
are
subject
to
change
at
any
time
and
after
account
opening.
The
account
will
be
credited
within
75
days
from
the
last
day
of
the
month
in
which
the
account
was
opened.
Fees
may
reduce
earnings.
Sovereign
team
members
are
not
eligible
for
this
offer.
Bankrate
info:
Sovereign
Bank
824
North
Market
Street,
Suite
100
Wilmington,
Delaware
19801
STAR
RATING:
4
Predictive
Indicator
-
[decline]
As
of
December
31,
2011
Institution
Commentary
OVERVIEW
of
Institution
Sovereign
Bank
is
a
federally
chartered
thrift
institution,
which,
as
of
December
31,
2011,
reported
$78.1468
billion
in
total
assets.
Mortgage
loans
and
deposits
held
by
the
institution,
at
that
date,
amounted
to
$35.9986
billion
and
$47.3678
billion,
respectively.
December
31,
2011
net
worth,
the
difference
between
total
thrift
assets
and
liabilities,
was
determined
to
have
been
$12.6444
billion,
which
was
16.18%
of
total
assets.
COMPOSITE
SUMMARY
Bankrate
believes
that,
as
of
December
31,
2011,
this
thrift
exhibited
a
sound
condition,
characterized
by
substantially
lower
than
normal
overall,
sustainable
profitability,
good
asset
quality,
strong
capitalization,
and
lower
than
normal
liquidity.
--------------------------------------------------------------
Other
sign-up
bonuses
.
.
|
End of quote.
Source: iBankDesign.com
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Definitions:
1 'Local' bonuses are bonuses for deposit accounts that are not available nationwide, such as credit uninon's accounts, accounts for in-state residents or local residents.
Please keep in mind that some local bonuses may not be available to you if you live in an eligible state but not in an eligile city or county.
2 'Professional' bonuses are restricted to certain professional groups, such as military, union members and students
3 'Aged' bonuses are bonuses that were reported by our visitors or posted on bank websites long time ago. These bonuses need to be verified by contacting a bank representative.
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