Refer a Friend Program Rules
By participating in the Hometown Bank Refer-A-Friend Program, you acknowledge that you have read, understood and agree to be bound by these terms and conditions.
Only a Hometown Bank customer whose accounts are in good standing, and who is at least 18 years of age, may participate in the Refer-A-Friend Program (the "Program").
A customer of Hometown Bank is eligible to receive one bonus per referral - regardless of how many accounts are opened by a referred individual - when the referred individual opens a Totally-Free NOW Checking Account with a minimum opening deposit of $10.00 and a minimum direct deposit of $25.00.
The referred individual must be a new customer who does not have a personal deposit relationship with Hometown Bank.
A referred individual must comply with Hometown Bank's approval requirements for a new checking account, which Hometown Bank may change from time to time.
In order to participate in and be eligible for the Program, a referred individual must submit the Referral Form when applying for an Hometown Bank Totally-Free Checking Account.
A customer will receive a bonus only if the referred individual has been approved and opens a Hometown Bank Totally-Free NOW Checking Account that includes direct deposit.
If, prior to the payment of Program bonuses, the customer's account is closed, the customer will not be eligible for a bonus payment.
If, prior to the payment of Program bonuses, the referred individual's account is closed, neither the customer nor the referred individual will be eligible for a bonus payment.
Promotional offer is for new checking account customers only for activating direct deposit
within 60 days of account opening. Bonus payments
will be awarded after the first direct deposit is made and is reportable for tax purposes.
The Annual Percentage Yield (APY) is .02%. Minimum balance to obtain the APY is $10.00.
Minimum direct deposit to obtain promotional offer is $25.00. This is a variable rate account and the
rate may change after account opening. This is a limited time offer subject to change at any
time without notice..
This program is sponsored solely by Hometown Bank, 31 Sutton Avenue, Oxford, MA 01540. Employees of Hometown Bank are not eligible to participate in the Refer-a-Friend Program. The effective date of this document is March 26, 2012..