Florence Bank Review: $250 Checking Bonus [MA, CT] – Ended

Florence Bank (florencebank.com) promotions and offers can be found updated here. Typical offers range from $100 to $250.

Florence Bank was established in 1873 and is headquartered in Florence, Massachusetts. They have 12 locations throughout Massachusetts.

READ MORE: WELCOME OFFERS FROM CHASE AND BMO.

I’ll review the current offers below.

[Expired] Florence Bank $250 Checking Bonus [MA, CT]

• What you’ll get: Up To $250
• Where it’s available: Springfield, West Springfield or Chicopee branches or Online
• How to earn it:
  • Use Promo Code “Sweet250” 
  • Earn $100 for opening a new account and signing up for eStatements
  • Earn an additional $100 when you have at least one direct deposit
  • Get $50 by downloading and logging in to the Florence Bank Mobile App at least once.
• When it expires: None listed

Waive The Monthly Fee

There are no monthly service fees.

Fine Print

• Open a new Florence Bank personal checking account at our Springfield, West Springfield or Chicopee branches or Online using Promo Code “Sweet250” and earn a $100 bonus when you enroll in eStatements. Earn an additional $100 bonus when at least one direct deposit posts to the new account. To qualify for the additional $50 bonus, you must download and log in to the Florence Bank Mobile App at least once.
• If opened in one of the branches listed, this offer must be mentioned.
• Conditions must be met within 60 calendar days of account opening.
• Each bonus will be deposited into your new checking account within 14 calendar days once each condition is met.
• Minimum opening deposit of $10 is required.
• Offer is for new personal checking accounts only.
• Current or former customers who have held a checking account with Florence Bank in the last 180 days are not eligible.
• If multiple accounts are opened by the same tax owner, only one account will be eligible for the bonuses.
• This offer may be withdrawn at any time.
• Each bonus will be considered interest for tax purposes and is subject to 1099 reporting.
• Available as of May 16, 2022.

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[Expired] Florence Bank $225 Checking Bonus

Earn a $225 bonus with this Checking offer from Florence Bank.

• Bonus offer has no listed expiration date and can end at any time
• Available in MA
• New Checking accounts eligible for this offer
• Direct deposit will be required for the full bonus amount
• Monthly fees: None

How To Earn The Bonus

• Open a new Florence Bank checking account online using promo code ‘225‘ or visit their branch at 1010 Union Street in West Springfield.
• Sign up for eStatements and earn a $100 bonus
• Earn an additional $100 bonus when you have at least $400 in direct deposits cumulatively post to the new account
• Earn another $25 bonus by downloading and logging in to the Florence Bank Mobile App at least once

Fine Print

• Conditions must be met within 60 days of account opening.
• Each cash bonus will post to your new account after each condition is met and may take up to 75 days from the account opening.
• Minimum opening deposit of $10 is required.
• Offer is for new personal checking accounts only.
• Current or former customers who have held a checking account with Florence Bank in the last 180 days are not eligible.
• If multiple accounts are opened by the same signer, only one account will be eligible for the bonuses.
• This offer may be withdrawn at any time.
• Each bonus will be considered interest for tax purposes and is subject to 1099 reporting.

Bottom Line

Just a few branches in Massachusetts but this is a pretty nice offer. You’re able to get a portion of the bonus without direct deposit. Look at the promos from Chase Bank, TD Bank, Aspiration and more here.

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.