Celebrate summer with a limited-time checking account promotion that rewards new customers with a $250 cash bonus for switching their direct deposit. In addition, Eagle Valley Bank is offering a special 5.00% APY certificate for savers looking to lock in a competitive fixed rate.
The offer is only available locally. If you’re looking for offers available nationwide, check out our top picks here—including huge offers from Chase, CIT Bank and Axos Bank that you won’t want to miss!
Eagle Valley Bank $250 Checking Account Bonus
Bonus Amount: $250
Offer Period: July 1 – July 31, 2026
How to Earn the Bonus
To qualify for the $250 bonus, you must:
- Open a new checking account between July 1 and July 31, 2026.
- Be a new checking account customer.
- Set up qualifying direct deposits.
- Receive at least two qualifying direct deposits within 60 days of opening the account.
After all requirements have been satisfied, the $250 bonus will be deposited into your account.
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Qualifying Direct Deposits
Eligible direct deposits include:
- Payroll.
- Pension payments.
- Government benefits.
The following do not qualify:
- Peer-to-peer (P2P) payments.
- Deposits made at a branch or ATM.
- Internal transfers between your own accounts.
- Other non-payroll electronic transfers.
Bonus Payment Details
- The bonus will be deposited within 30 days after all qualifying requirements have been completed.
- Your account must remain open and in good standing to receive the bonus.
- The promotion is available only to new checking account customers.
- The bonus may be reported to the IRS as taxable income.
5.00% APY 50-Week Certificate
In addition to the checking account bonus, the promotion also includes a limited-time certificate offer.
Certificate Details
- 5.00% APY
- 50-week term
- Available for certificates opened between July 1 and July 15, 2026.
- Fixed interest rate for the full certificate term.
As with most certificates of deposit, early withdrawals may be subject to a penalty.
See the Best Checking & Savings Account Bonuses and Start Earning Free Cash Today
Is This Bonus Worth It?
The checking account bonus is appealing because the requirements are relatively straightforward. Opening a new account and receiving two qualifying direct deposits within 60 days is a common requirement among bank promotions, making the $250 bonus attainable for many customers.
The accompanying 5.00% APY certificate is also attractive for savers seeking a short-term guaranteed return, especially if you don’t need immediate access to your funds.
Bottom Line
The Eagle Valley Bank’s Stars, Stripes & Savings promotion offers two solid incentives for new customers. You can earn a $250 checking account bonus by opening a new account and completing two qualifying direct deposits within 60 days, while savers can take advantage of a competitive 5.00% APY on a 50-week certificate available for a limited time. If you’re in the market for a new checking account or a high-yield certificate, this promotion provides an excellent opportunity to earn extra cash and maximize your savings.
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