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There are a lot of banking promotions from US banks. For more information about recent banking promotions, you can visit the special “Banking News” section. I believe you can get a lot of useful information from Banking News section. If you have some information regarding banking promotions, please let me know. I think it will be very useful for those who want to open a new bank account soon.

First Bank is offering a free iPod Shuffle for opening a new personal checking account with minimum $50 initial deposit. There is no direct deposit or other banking activities required. You have to keep the new checking account active for more than 6 months otherwise First Bank will retract the reward.

Fine print:

Offer valid for personal checking accounts opened. Limit one gift award per customer, per calendar year. Limit one gift per account. FirstBank employees are not eligible to receive the award. Minimum opening deposit of $50 required to receive the gift. To be eligible for the award, you must open your new personal checking account on or before March 31, 2009. The $48.05 award is considered interest and is subject to IRS and other tax reporting. Upon account opening, FirstBank will mail a voucher letter for the iPod to the account holder. The voucher is only redeemable at any FirstBank location. The $48.05 award is considered a bonus that can be revoked if the account is closed within 6 months of opening.

To receive the reward, you have to open the checking account before March 31, 2009 and make a $50 initial deposit. If you choose the free checking account, there is no minimum balance, and no monthly service charges.

The only limitation of this promotion is the free iPod Shuffle is only available to residents in CO, AZ and CA. First Bank is FDIC insured.