Boiling Springs Bank

Cap Program

Pequannock Skatepark Association has partnered with our new sponsor Boiling Springs' bank and enrolled in the Boiling Springs Community Alliance Program!

Download application and bring to Boilings Springs Bank at Lincoln Park Branch 60 Beaverbrook Road, Lincoln Park NJ - (Next to ShopRite)

How The Program Works:

The program gives Pequannock Skatepark Association the opportunity to earn money based on the number of supporters who bank with Boiling Springs. We will receive quarterly donations by maintaining a minimum of twenty individuals and/or businesses that have designated their accounts or new loans as supporters. Since the program's inception in 2006, the bank has donated over $3,344,000 to qualified members of the CAP program.

How You Can Help Us Earn Extra Money:

Supporters can help us by opening a new account or new loan or by having an existing account with Boiling Springs and designating the account as a Community Alliance participant. The bank's donations are based on the Average Daily Balance maintained by the supporters at the Annual Rate of: 0.25% on Certificates of Deposit, including IRA CDs, Premium and Money Market Checking, and eligible Business Accounts or 0.50% on other eligible Checking, Savings and Money Market Savings Accounts.

Note: Business and Personal Alliance Checking Accounts are a condition of loan commitments, therefore Alliance Checking products cannot be designated as supporter accounts. For loans: 0.10% for the life of the new loan on Mortgage and Home Equity Loans or 0.10% on outstanding new loan balances on Home Equity Lines of Credit. Loan customer must affiliate with a CAP group within 60 calendar days of origination. No monies are withdrawn from supporters' accounts and all donation dollars come directly from Boiling Springs.

How Existing Boiling Springs Customers Can Help:

If you already have an account at Boiling Springs, please designate your account as a Pequannock Skatepark Association supporter by filling out the supporter account form, found on the other side of this flyer, and presenting it at any Boiling Springs Savings Bank location.

Open an account for your kids!

Open a Student Checking Account with only $10 and Boiling Springs will match $10! The Student Checking Account is available to consumers between the ages of 14 and 23. It's a great first checking account for high school students eager to learn how to manage their money, recent graduates beginning a new career and for students heading off to college. No monthly fees Free specialty checks or a discount on custom checks. Minimum deposit to open account is $1 Interest earned on all balances.

For More Information:

Contact Branch Manager, Maria Rodriguez at 973-696-7100

or visit the Lincoln Park branch - 60 Beaverbrook Road, Lincoln Park NJ