Harris Bank Mortgage Rates and Review(s)

Harris Bank, based out of Illinois, has some decent mortgage rates available on a wide range of mortgage products. They offer a complete array of standard mortgage products and may even be able to put together customized mortgage packages for certain individuals and families. Their mortgage product offerings include: 30 year fixed rate mortgages, 15 year fixed rate mortgages, 3 year adjustable rate mortgages, 5 year adjustable rate mortgages, 7 year adjustable rate mortgages, and 10 year adjustable rate mortgages (to name a few).

Harris Bank is one of the largest banks in the US with almost 300 offices throughout the country and nearly $27 million in deposits.

Mortgage Rates offered through Harris Bank:

(Rates accurate as of 9/02/2010. Visit harrisbank.com for updated rates)

- 30 year fixed rate mortgage with APR of 4.674%.

- 15 year fixed rate mortgage with APR of 4.083%.

- 3 year adjustable rate mortgage with APR of 3.197% on a 30 year term.

- 5 year adjustable rate mortgage with APR of 3.213% on a 30 year term.

- 7 year adjustable rate mortgage with APR of 3.299% on a 30 year term.

- 10 year adjustable rate mortgage with APR of 3.632% on a 30 year term.

Important Disclosures:

Rates are subject to change at anytime without notice. The rates listed are the current rates for a 60-day lock in period. Your loan’s final rate could vary based on the specific characteristics of your loan transaction including, but not limited to, the region where your loan is originated, any additional loans against your property, and your credit profile up to the time of closing.

Mortgage Rate Assumptions:

Loan amount of $180,000 on a $240,000 primary residence home in Chicago, Illinois.

Recent Mortgage Reviews:

US Bank Mortgage Rates and Review: featuring APRs under 5% as of Sept 2, 2010.

Total Mortgage Services Rates and Review: featuring APRs under 5% as of August 31, 2010.

Harris Bank CD Rates and Review

Harris Bank, based out of Chicago, Illinois was first established in 1882 as NW Harris and Co. Today they control more than $376 billion in assets and have locations (branch or affiliate branches) in 12 states. They operate in several banking verticals including wealth management, small business, middle market, institutional markets as well as personal financial services. Within the personal financial services sector they offer checking, savings, money market accounts, certificates of deposit, mortgages and loans.

Their CD rates are tiered based on the minimum deposits invested. Below are their current rates along with the associated minimum deposit required to earn that rate (interest rates accurte as of May 28, 2010).

Harris Bank CD Rates:

Terms and Conditions:

- Maximum opening deposit of $100,000 per CD applied for online.
- The CD must be funded within 10 business days of online application.
- Funds from CDs applied for online may not be withdrawn for the first 11 days after funding.
- CDs applied for online can only be in individual or joint ownership.

- Deposits at FDIC-insured institutions are now insured up to at least $250,000 per depositor through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except for IRAs and other certain retirement accounts which will remain at $250,000 per depositor.

Promotions through Harris Bank:

$150 bonus with new Harris Bank checking account

Checking Account Promotions: TOP 10 in 2010! …so far

We’ve seen a great number of phenomenal checking account promotions, bonuses and deals roll through our inbox so far this year so we decided to publish a top 10 list to extend some credit to the top offers. The following types of bank accounts come in the form of either: free checking accounts with cash bonuses, cash back checking accounts, or high interest checking accounts. The promotional accounts listed below are not ALL available everywhere. Several of the bank promotions we’ve listed are available nationwide, however, a few are exclusive to a limited number of states.

These are the top 10 checking account promotions uncovered in 2010…so far. If you feel we’ve missed a deal, please let us know by leaving a comment!

UPDATE: Check out the top 5 checking account promotions in 2011.

TOP 10 Checking Account Promotions in 2010:

(all offers available at some point in 2010)

1) PerkStreet Checking Account: Coming in at the #1 spot with a 2% cash back for the first 3 months. After the 3 months, you will earn 2% cash back on every non-PIN purchase when your balance is $5,000 or more or earn 1% cash back for balances below $5,000. After savings rates (certificate of deposit, money market and checking) have ALL taken a horrendous nose dive, cash back checking accounts have attempted to step in and fill the void. And PerkStreet Finacial is doing a fantastic job. Why is this account so valuable? Because, for example, if you spend $500/month from this account you will receive dividends of $10/month in the form of cash back ($500 X 2.0% = $10). Nothing like a recurring cash bonus from a checking account!

2) Capital One’s Checking Account Sign up Bonus: $300 – When we originally published this deal it was not confirmed, however, a number of reader comments did confirm the offer worked in several states throughout the country. The coupon code(s) for this account was RC3 and one reader suggested another coupon code (RC2) worked for a $200 bonus as well. We suggest trying the RC3 code first!

3) Citizens Bank Checking Account Promotion: Up to $220 in cash bonuses. This account is only available in certain states and the bank is headquartered out of Rhode Island. The bonus structure with this checking account promotion is set up in tiers. You earn a certain amount of cash for meeting various criteria. You get $50 for setting up the account and funding it via direct deposit, $25 after the completion of 5 bill payments, $25 after the completion of 5 debit/credit card purchases, and the final $120 when you enroll in their “greensense” or paperless program.

4) SunTrust Checking Account Bonus: up to $150 in cash bonuses. Similarly to Citizens Bank’s checking bonus, this one is set up in tiers as well. In the first tier you receive $50 for setting up the account. The second tier pays $100 and involves a 3 month process of bill payments.

5) Banco Populars Checking Account Promotion: $125 in cash plus a free “gift.” You received the $125 upon the completion of 3 very easy steps. The gift part, however, is a little vague. Supposedly individual branches were doing their own thing in regards to the gift giving, but we do know they gave out binoculars as the gift last year!

6) ReliaBank’s Ultimate Checking Account: 4.07% APY on balances up to $25k. This is a rewards checking account and requires you to make 12 monthly debit card transactions as well as setting up a monthly, recurring, direct payment of some sort. You can receive 4.07% APY on balances up to $25,000. This account is ideal for those looking for an alternative to low interest money market accounts.

7) Huntington Bank’s Checking Account Bonus: $100 in cash. This checking promotion is simple and available everywhere besides California. You receive a $100 cash bonus for opening up any one of their numerous forms of free checking accounts.

8 ) Harris Checking Account: $150 in cash bonuses. To receive this bonus you must open their interest checking account with a minimum of $100 AND set up a monthly direct deposit. They are a bit deceiving in calling this an “interest checking account” when their interest rate is just 0.05% APY.

9) Chase Bank Checking Account Promotion: $100 in cash. This promotion NEVER seems to get old. Chase seems to continually renew this offer time and time again. Although some readers have submitted negative comments about this account for various reasons, it still seems to be fairly popular among the majority.

10) Bank of America’s MyAccess Checking Account: $75 sign-up bonus. Use the coupon code CH75OL1 and fund the account with $125 within 90 days and the bonus is yours. This account is available online and in local Bank of America branches.

Harris Bank’s Interest Checking Account Bonus: $150

Harris Bank, serving most of the Midwest, currently has a checking account bonus offer of $150 for those who sign up for a new “interest checking account.” Although we believe it’s slightly misleading for them to call this checking account an “interest checking account” considering the fact that the interest rate is less than 0.05% APY, they are still offering a very enticing $150 bonus for signing up (and completing a few steps).

Thanks to BankVibe.com reader Jennifer for submitting this offer!

This is yet another checking account bonus we’ve seen after reporting on over a half dozen last month! You can compare this offer to the other checking account promotions we’ve covered recently to ensure you’re finding an optimal account for your needs.

Details of Interest Checking Account Bonus by Harris Bank:

1. Open an interest checking account with a minimum opening deposit of $100.
2. Setup a monthly direct deposit within 90 days of account opening or make at least five online bill payment transactions within 60 days of account opening.
3. Open a Harris Savings Account and activate the AutoSave feature.

Additional Details regarding Bonus Collection:

• $100 cash will be deposited into your new Harris personal Interest-Checking Account approximately 120 days after account opening
• $50 will be deposited into your savings account after Auto Save feature is activated
• No maintenance or transaction fees for account holders with a combined total of $20,000 or more in any qualifying Harris deposit accounts

Learn more by visiting their promo page.