We want to pay consumers up to $10 for their unused checks if they open a checking account with us.
I know to stay under the $10 to avoid triggering bonus disclosures.
However, our marketing department wants to limit this offer to our newest branch.
My question, is there any discrimination law to look at because this won't be offered at every branch?
I just want to cover all my bases. ECOA doesn't come into play here, but I'm wondering if something else does on the deposit side.
And while I'm at it, I'll pose one more situation. As part of the one year anniversary of this branch, we want to offer cash prizes in a random drawing, $150, $100 and $50. These aren't tied to offering, opening, renewing or increasing an account so I'm thinking we're ok here with no additional disclosure requirements.