Terms and Conditions
The referred friend must be the primary owner of a new William Penn Bank personal account and must not have any existing or prior personal accounts at William Penn Bank. By participating in this program, each party may be aware that the other is a customer of William Penn Bank. The referring customer must be a current William Penn Bank customer. William Penn Bank employees are not eligible. Only one $50 bonus will be provided per referred customer regardless of the number of accounts opened. For each qualified referral, please allow 90 days to receive a deposit of $50 into each personal checking account. Account must be open, active, and in good standing to receive the bonus. The referred customer must receive a payroll direct deposit or a direct deposit of social security benefits within 60 days of account opening in order to qualify for the $50. The $50 bonus may be reported as income to the IRS on a 1099-INT. Offer may be withdrawn at any time and is subject to change.