Find an updated list of Penn Community Bank promotions, bonuses, and offers here.
Currently, you can take advantage of a $400 bonus when you open a new personal checking and savings account.
Penn Community Bank Promotions Review
Penn Community Bank is headquartered in Doylestown, Pennsylvania and was established in 1922. Since then they have grown to 25 location and boast an A+ health rating.
I’ll go over Penn Community Bank offers below.
Penn Community Bank $400 Checking & Savings Bonus
- What you’ll get: $400 bonus
- Where it’s available: PA (Bank Locator)
- Direct Deposit Requirement: Optional
- Credit Inquiry: Soft Pull or Hard Pull?
- Monthly Fees: None
- Early Termination Fee: Six months, bonus forfeit
- How to earn it:
- Earn a $350 cash bonus for opening a qualifying new checking account and completing one of the following within the first 60 days of account opening:
- Receive direct deposits totaling $1,000 or more OR
- Complete 20 or more debit card purchases that post to your checking account.
- Earn an additional $50 cash bonus for opening a Statement Savings account at the same time as the checking and maintaining the Statement Savings account minimum daily balance or more for 60 days from opening.
- Earn a $350 cash bonus for opening a qualifying new checking account and completing one of the following within the first 60 days of account opening:
(Expires 09/09/2023)
U.S. Bank Smartly® Checking ($700 Bonus) | KeyBank Checking ($200 bonus) |
Fifth Third Bank Preferred Checking ($200 Bonus) | Truist Checking ($400 bonus) |
Fine Print
- The up to $400 new account cash bonus offer (“offer”) is available for opening a new Penn Community checking account. To receive the $350 new checking cash bonus the account must be opened with $25 or more and complete one of the following within the first sixty (60) days of account opening: a) receive qualifying direct deposits totaling $1,000 or more to the checking account OR b) complete 20 or more debit card purchase transactions that post to the checking account. Qualifying direct deposits are defined as recurring electronic deposits of payroll, Social Security, pension, government benefits or other eligible regular monthly income. To earn an additional $50 cash bonus, checking bonus offer requirements must also be met, and you must 1) open a new Statement Savings account at the same time as the qualifying checking account with standard account minimum opening deposit of $25 or more, and 2) maintain in the Statement Savings account for the first 60 days from account opening the minimum daily balance to avoid a monthly service fee and earn interest, which is $100. New account bonus(es) will be deposited to the checking account within 45 days after meeting offer requirements. Account must be open, active and in good standing at time of incentive fulfillment to receive bonus(es). If account is closed within six (6) months from date of opening, early termination fee may apply, and amount of new account bonus received will be debited from final account balance.
- Bonus offer available to new checking customers only. Must not have closed a Penn Community Bank checking account within the preceding twelve (12) months or received a prior new checking account incentive. Limit one bonus offer per household. If multiple accounts are opened with the same signer, only one account will be eligible for the bonus. Standard account eligibility requirements apply, and the program promotional code must be presented at opening.
- All bonuses are subject to IRS 1099 tax reporting. Offer expires September 9, 2023. Information accurate as of June 30, 2023 and subject to change without notice. Offer may be modified or withdrawn at any time. Statement Savings Annual Percentage Yield (APY) as of June 30, 2023 is .05%. Relationship Checking is also an interest bearing account, with the potential to earn a higher interest rate based on account balance, when tiered rates are offered. Relationship Checking APY as of June 30, 2023 is .03% for all balance tiers. Statement Savings and Relationship Checking interest rates are variable and subject to change at any time and without prior notice. For current rates, visit PennCommunityBank.com/PersonalRates. Fees may reduce earnings. Ask for full details.
[Expired] Penn Community Bank $300 Business Checking Bonus
- What you’ll get: $300 bonus
- Where it’s available: PA
- How to earn it:
- Open a new Advantage Business Checking account in-branch using the promo code given by scheduling an appointment online
- Receive the $300 bonus after maintaining an average daily balance of $2,500 or more for 31-91 days after account opening
- When it expires: 10/31/2021
(Expires October 31, 2021)
Editor’s Note: You may potentially earn up to an additional $100 when you open a PennEdge loan or line of credit within first 90 days after opening an Advantage Business Checking account.
Chase Business Complete Checking® ($300 Bonus) | U.S. Bank Business Checking ($350 or $800 Bonus) |
Huntington Unlimited Plus Business Checking ($1,000 Bonus) | Huntington Unlimited Business Checking ($400 Bonus) |
Huntington Business Checking 100 ($200 Bonus) | Axos Bank Basic Business Checking ($400 Bonus) |
Axos Bank Business Interest Checking ($400 Bonus) | Live Oak Bank Business Savings ($300 Bonus) |
[Expired] Penn Community Bank $100 Business Referral Bonus
- What you’ll get: $100 bonus
- Where it’s available: PA
- How to earn it:
- Fill out the form on this page.
- Refer a friend who is currently not banking with us.
- If you refer a friend, you both may earn $50; if your friend opens a business account, you both may receive $100.
- When it expires: 12/31/2020
(Expires December 31, 2020)
U.S. Bank Smartly® Checking ($700 Bonus) | KeyBank Checking ($200 bonus) |
Fifth Third Bank Preferred Checking ($200 Bonus) | Truist Checking ($400 bonus) |
How to Avoid Penn Community Bank Monthly Fees
Advantage Business Checking: $0 or $12 waived by maintaining $7500 daily checking balance or $15,000 combined daily deposit account balance
Authors Verdict
To summarize, Penn Community Bank has some of the best promotions, bonuses, and offers. If you were already interested in this bank, this $100 referral promotion is very generous. They offer a variety of banking options so take advantage.
For more current offers, check out our bank bonuses page. Compare Penn Community Bank rates for CDs and Savings with our best rates for Savings and CD accounts.
Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.
PROMOTIONAL LINK | OFFER | REVIEW |
U.S. Bank Smartly® Checking | $400 Cash | Review |
Chase Private Client | $3,000 Cash | Review |
U.S. Bank Business Checking | $800 Cash | Review |
U.S. Bank Business Checking | $350 Cash | Review |
Chase Business Complete Checking® | $300 Cash | Review |
KeyBank Checking | $200 Cash | Review |
Chase Total Checking® | $300 Cash | Review |
Chase College CheckingSM | $100 Cash | Review |
J.P. Morgan Self-Directed Investing | Up to $700 Cash | Review |
Chase Secure BankingSM | $100 Cash | Review |
SoFi Checking and Savings Account | $275 Cash | Review |
Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
Huntington Bank Unlimited Business Checking | $400 Cash | Review |
Huntington Bank Business Checking 100 | $100 Cash | Review |
Fifth Third Bank Checking | $200 Cash | Review |
Axos Bank Rewards Checking | $300 Cash | Review |
Axos Basic Business Checking | $400 Cash | Review |
Axos Business Interest Checking | $400 Cash | Review |
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