Earn up to $200
when you open an S&T Business Checking account.
$100 for opening a new business checking account with debit card1
+$50 for adding Remote Deposit Capture2
+$50 for enrolling in business online banking3
1To qualify for the $100 incentive, a new Basic Business Checking account must be funded with a $5,000 balance within the first 5 days of account opening. Account must be opened between March 25, 2019 and May 17, 2019. Business checking account must remain open with a positive balance in order for you to receive incentive, which will be credited to the eligible account by August 30, 2019. New account will not be eligible for offer if any signer has signing authority on an existing S&T Bank Business checking account or has closed an account within the past 90 days, or has been paid a promotional premium in the past 12 months. If multiple accounts are opened with the same signers, only one account will be eligible for the incentive. Business must also apply, receive, and activate an S&T Bank business debit card that is associated with the new Basic Business Checking account by June 14, 2019.
2To receive additional $50 incentive offer for Remote Deposit Capture, business must open Remote Deposit Capture service by June 14, 2019 and remain open and active until August 16, 2019 to receive $50 incentive by August 30, 2019
3When business enrolls new business checking account in Business Online Banking by June 14, 2019 and remains open and active until August 16, 2019, $50 incentive will be added to your incentive amount by August 30, 2019.
4The Annual Percentage Yield (APY) is equal to 75% of the current Upper Bound Fed Funds Target rate. APY effective as of March 5, 2019. Interest rate and APY will change based on the current Upper Bound Fed Funds Target Rate. Minimum deposit of $20,000 new money required. New money is defined as monies that have not been on deposit with S&T Bank in the past thirty days. A monthly maintenance fee of $15 will be assessed if $10,000 minimum daily balance is not maintained. The account has maximum of six (6) third party transactions permitted per month. This is a variable rate account. This account is not available for public funds. Interest rate and APY may change without prior notice. Fees may reduce earnings.
All incentives will be added to your $100 incentive and be identified as “Cash Incentive” on your monthly statement. The value of the incentives may be reported on Internal Revenue Service (IRS) Form 1099,and may be considered taxable income to you. Please consult your tax advisor regarding your specific situation.