Military Valor Program - Checking Account | WaterStone Bank

$300 Bonus

Enjoy a $300 Bonus^^ when you open a MVP checking & money market account, and get 1,000 ScoreCard Rewards bonus points!

The WaterStone Bank Foundation donated $64,159 to Veteran Initiatives in 2021

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Military Valor Program checking account

The Military Valor Program® at WaterStone Bank is exclusively for Active Duty Service Members, Military Veterans and Reserve and National Guard Service Members who have or open a new WaterStone Bank Checking account. MVP offers many great benefits and saving features to recognize and thank you for your service to our country…because you deserve it. You'll enjoy:

Program enrollment: choose either an Honor Flight DVD or license plate frame (car or motorcycle)

Program enrollment: choose either a Nike baseball cap or license plate frame (car or motorcycle)

Free patriotic checks

Free patriotic checks

No fee money orders, foreign currency orders^, and official checks

No fee money orders, foreign currency orders, and official checks

No fee overdraft protection transfers

No fee overdraft protection transfers

No fee wire transfers

No fee wire transfers

No fee ATM transactions

No fee ATM transactions

Refund of your HELOC annual fee

Refund of your HELOC annual fee

Receive $500 when you obtain a 1st mortgage loan on your home from WaterStone Bank and set up autopay

Receive $500 when you obtain a 1st mortgage loan on your home from WaterStone Bank and set up autopay

Annual voucher for a free standard size (3x5) US Flag

Annual voucher for a free standard size (3x5) US Flag

^Military Valor Program (MVP) Disclosure: To enroll in the Military Valor Program you must show a government issued military identification card as proof you are an active duty, retired, National Guard or Reserve member or a veteran of the military and have a WaterStone Bank (WSB) Universal checking account. Fees that are assessed to your checking account for withdrawing funds at an ATM with your WSB Debit Card will be refunded to your WSB checking account within the next business day. WSB HELOC (Home Equity Line-of-Credit) annual fee will be refunded to your WSB Checking Account within 30 business days of the fee being assessed to your HELOC. $500.00 will be credited to your WSB checking account within 30 business days of closing your 1st mortgage home loan with WSB and setting up autopay from your WSB checking account. You may only receive this benefit one time with WSB. Free patriotic MVP club checks will be provided by WSB and this benefit does not include reimbursement of other check designs you have previously purchased or plan to purchase. Voucher for a free U.S. Flag will be provided annually in June if at that time your average balance of deposit accounts you own is greater than or equal to $10,000.00 or you have a WSB HELOC or 1st mortgage home loan. Employees and agents of WSB and affiliates are not eligible. All benefits and features for the Military Valor Program are subject to change. WaterStone Bank (WSB) offers foreign currency exchange services of more than 50 currencies at four WSB locations: Franklin, Oak Creek/27th St., Wauwatosa/State St., and Waukesha. Fees will be waived for Classic Club, Student, MVP and HERO program customers up to two times annually. The currency exchange rate used at WSB may differ than the daily rate of exchange and are subject to daily fluctuations. A $20.00 fee is assessed for orders and return orders; fee is subject to change at any time. Currency orders placed and not picked up within 10 business days are subject to a return fee and any depreciation. Please see a WSB banker for more details.

^^Checking + Money Market Offer Disclosure: Checking and Money Market Offer Effective May 1, 2021. Bonus offers require a new WaterStone Bank SSB (WSB) ^Universal Checking account to be open and active for the entire statement cycle* in order to qualify for that statement cycle's* bonus. The Universal Checking account requires $100.00 minimum balance to open the account. Offer(s) applies to new MVP checking account customers only and does not apply to individuals that closed a WSB checking account within the past 180 calendar days. Offer is redeemable at any branch location, cannot be combined with other offers, and is limited to one per household. Account must be open and active for 180 calendar days, or a $30.00 closing fee may be assessed at account closing. For tax reporting purposes, a 1099 form may be issued at yearend for recipients of bonuses. $200.00 Automatic Deposit bonus offer requires a $500.00 minimum automatic deposit of payroll, pension, social security or government benefits to be received within 60 calendar days of account opening and will be credited to the new checking account on the first statement cycle* after the direct deposit is received. Rewards will be consolidated and credited to the new checking account on the last day of the statement cycle*. Upon opening a WSB Universal Checking account and enrolling in ScoreCard® Rewards program, 1,000 ScoreCard® Rewards points will be credited to your ScoreCard® Rewards account within 30 calendar days of account opening. *A statement cycle may be from the 17th (a calendar day) of a month to the 16th (a calendar day) of the next month. To determine your statement cycle please ask your Personal Banker at the time of account opening. Money Market Account: You must deposit $100.00 to open this Money Market account. A minimum balance fee of $30.00 will be imposed monthly if the average daily balance for the statement cycle falls below $10,000.00. A $100.00 money market bonus to be paid within 60 days of money market account opening with balance of $10,000.000 or more. Offer applies to new MVP money market account customers only and does not apply to individuals that currently have a money market or closed a WSB money market within the past 180 calendar days. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. A statement cycle may be from the 17th (a calendar day) of a month to the 16th (a calendar day) of the next month. To determine your statement cycle please ask your Personal Banker at the time of account opening. Offer subject to change at any time, see disclosure for details.

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