Sign-Up Incentives
Terms & Conditions
We’re thrilled to offer our new partners an exciting incentive to join us — gift cards at businesses from across our local food ecosystem. Please take a moment to read the eligibility requirements below:
Who MIGHT RECEIVE THIS Incentive?
If you:
- Were referred by a friend (either one of our existing partners or one of our partner-businesses)
- Saw an ad with an eligible promo code
- Received a mailer from us
...you might have received this offer.
Who is eligible for this Incentive?
Any new partner is eligible as long as they complete the following:
- Open a Walden Spend Local or Save Local account for an individual, business, or nonprofit using an eligible promo code
- Fund it with a minimum of $100, and keep the account active and in good standing for at least 60 days.
Each qualified new partner (as identified by Social Security Number or Tax ID Number) is eligible for a single incentive regardless of the number of accounts they may have open. Jointly-held accounts owned by two separate partners are eligible for a single incentive, to be used jointly by the account holders. Demand deposit accounts for individuals and organizations are the only eligible account type (i.e. Local Impact CDs and loans are ineligible).
How do you use the Incentive?
There are three steps:
- Open a new account following the instructions provided. Make sure you provide the right promo code as part of your application.
- Once you've hit the 60 day mark and satisfied the qualification criteria laid out above, we'll send you a survey to choose the gift card you want to receive. Complete the survey within 14 days.
- Next, we'll send you the gift card with 30 days after you've completed the survey. Depending on the gift card, it may come electronically or via the mail. That's it! The gift card is yours to spend at your discretion.
What Gift cards are available?
Options may include:
- Wildgrain - Online & Somerville, MA
- Brutus Broth - Online
- Wooden Spoon Herbs - Online
- Mast Market - Online & New York
- 88 Acres - Online
- Keap Candles - Online
Other Legal Notes
Failure by any eligible participant to satisfy any of the requirements laid out above within the incentive terms will result in ineligibility.
Multiple account opening offers cannot be combined with other account opening offers. Incentive only available to new partners.
The value of any gift card or incentive you receive may be reported to the IRS, and you may be responsible for any applicable taxes. We recommend consulting your tax advisor if you have questions about your personal tax situation.
By participating in this referral program, you acknowledge that if you are referred by someone and successfully open an account with an eligible promo code, the referring party may be notified that their referral was successful. No additional personal or account information will be shared with the referring party.
We also reserve the right to exclude any participant from the incentive for any reason, including suspected fraud, misuse, or if suspicious activities are observed. The Bank also reserves the right to stop or make changes to the incentive at any time. Changes apply only to accounts opened after the change.
