Armed Forces Program
In appreciation of the past and present service of the members of the armed forces, Beverly Bank now offers the Armed Forces Program.
1 Individuals who are currently serving in the U.S. Air Force, Army, Coast Guard, Marines or Navy.
2 Those who have retired or separated from the U.S. military with a discharge type of honorable.
3 Military ID or DD214 required. Account openings and loans subject to Bank approval. Terms and conditions may apply. Offers may be withdrawn at any time.
4 Earn one $150 deposit into your new personal Cooperative Checking Account when you open a new personal Cooperative Checking Account with Beverly Bank services. To qualify for the $150, you must open a new personal Cooperative Checking Account with the following services: you must initiate and maintain a monthly payroll or benefit check direct deposit, enroll in E-statements, apply for a debit card and register for online banking. The $150 will be deposited into your new account on the 91st day after account opening unless the terms are not met on that day. If the services criteria are not met on the 91st day after account opening, you are no longer eligible for the $150. If the 91st day is on a weekend or holiday the $150 deposit will be deposited on the next business day. Limit one personal checking account $150 deposit promotion per customer per household. Offer not available on account conversions. Account opening is subject to approval. There is no minimum balance requirement to earn the $150 deposit. The minimum balance required to open the Cooperative account is $10. The $150 deposit promotion is not eligible for online account opening. The $150 is considered interest and will be reported on IRS Form 1099-INT.