Earn $100* when you open an E-Plus or any new checking account at West Alabama Bank!
*Limit one new checking bonus per person per account. Minimum $25 required to open the account. To receive the $100 bonus, you must complete the following requirements within 90 days of account opening:
1) Open a new E-Plus or any new checking account, subject to approval
2) Enroll in Internet Banking & E-Statements, and
3) Have at least one Direct Deposit or ACH Debit/Credit within 90 days of account opening.
After you have completed all the above requirements, we’ll deposit the bonus in your new account on the 91st day. To receive the bonus, the enrolled account must not be closed or restricted at the time of payout.
Offer available until December 31, 2025, and is not available to existing West Alabama Bank checking customers.
Bonus is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). The offer is not available to those whose accounts have been closed within the last 90 days or closed with a negative balance. Offer is subject to change. Requirements must be met each statement cycle to avoid account service charge, if applicable. Please visit www.wabt.com for more details.
E-Plus Checking interest estimate of $504.61 based on keeping a consistent $25,000.00 daily balance in the E-Plus Checking account at 2.02% Annual Percentage Yield (APY), compounded monthly, for 12 months, and meeting all qualifications for E-Plus Checking each statement cycle.
To receive the monthly interest, complete the following within 30 days of account enrollment:
1) Open a new E-Plus Checking, subject to approval
2) Enroll in Internet Banking & E-Statements
3) Have at least one Direct Deposit or ACH Debit/Credit within one month of account opening.
4) Have a minimum of 8 posted debit card transactions per statement cycle (ATM withdrawals do not qualify). Restrictions and overdraft fees may apply with a West Alabama Bank debit card.
Interest rate is subject to change. Your direct deposit needs to be an electronic deposit of your paycheck, pension, or government benefits (such as Social Security) from your employer or the government. Person to Person payments (such as Zelle ) are not considered a direct deposit. Micro-deposits do not qualify as a direct deposit for the bonus. Third party data charges may apply (for example, mobile banking app, online banking, QR codes, messaging and data, and web access).