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#1979864 - 12/01/14 03:19 PM .25% add on coupon
crazylady Offline
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Joined: Sep 2009
Posts: 108
We'd like to offer a .25% add on coupon to any new CD opened at a particular branch for a remodel Grand Opening. No changes will be made to the existing terms of our CD's so I don't need to do a new disclosure right?
Do we have to offer it at all locations?
This seems to simple and I feel like I'm missing something.
Any opinions?

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#1980045 - 12/01/14 09:04 PM Re: .25% add on coupon crazylady
John Burnett Offline
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John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
Technically you can restrict the offer to select locations; it can be risky to do so if it gets customers' knickers in a knot.

Your transactional disclosure (the one you provide at account opening) should reflect the full rate and APY for the actual account.
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