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$50 bonus – First Bank : CollegeInvest Smart Choice College Savings Plan; Exp. – unknown

By , January 16, 2011
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Terms:

$50 bonus offer valid for CollegeInvest 529 Savings Plan Accounts opened. Limit one gift per beneficiary. Minimum opening deposit of $50 and automatic transfers into the CollegeInvest 529 Savings Plan Account are required to receive the gift. Limited time offer. The $50 award is considered interest and is subject to IRS and other tax reporting. The award will be given at account opening. Please consult your tax advisor regarding tax benefits.

The interest rates are effective 01/12/2011 through 01/18/2011. The interest rate and APY may change every Wednesday and on the first business day of each month. These rates apply only to Colorado accounts. Fees can reduce earnings on the account.

A maximum of six telephone or Internet transfers and certain other types of withdrawals are allowed per month. Withdrawals made before maturity are subject to an early withdrawal penalty. A reminder notice is sent ten days prior to maturity. You will have a 10-day grace period after the account matures to withdraw from or close the account without penalty. If you do not instruct us otherwise, the account will automatically renew at maturity.

If you or your designated beneficiary is a resident of a state other than Colorado, you may still be eligible to receive tax benefits. However, you should check with your home state to see if it offers a 529 program. That program may offer state tax or other benefits to residents of that state that may not be available to investors in programs in other states.

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