Introducing the new American Society of Mechanical Engineers Deposit Program issued by Bank of America

A solid savings and investment plan is founded on the principles of diversity, security, and performance.  The American Society of Mechanical Engineers is pleased to provide checking, savings, CD's and Money Market savings accounts through Bank of America.

The American Society of Mechanical Engineers checking and savings accounts offer Bank of America's membership award winning benefits such as free Online Banking service with unlimited Bill Pay and access to the Keep the Change® service, for automatic savings.  When you enroll in Keep the Change, each purchase made with your Bank of America Visa® Check Card will be rounded to the nearest dollar and the difference transferred from your checking account into your Bank of America savings account.  Bank of America will match your Keep the Change savings at 100% for the first three months and 5% thereafter; up to a maximum total of $250 per year paid annually.   You get to Keep the Change and grow your savings.

The American Society of Mechanical Engineers CD provides you the security of predictable earnings for short term investing. And the American Society of Mechanical Engineers Money Market savings account provides the convenience of easy access to your funds and higher rates. Additionally, these accounts come with FDIC insurance up to $100,000 per depositor.

Click here for more information on how you can help the American Society of Mechanical Engineers with your Bank of America checking, savings, CD, or Money market account!

Preferred Web Rates for ASME Members
Bank of America has made their preferred CD and MMDA rates available to ASME members only through the Internet.  Click Here for more information or to open an account.  Of course, you’re welcome to establish a relationship or conduct a transaction by taking advantage of their over 5,600 banking centers.  Click here to find a banking center near you. 

CD Renewing?
If you have an existing CD and the renewal term is pending, you may elect to allow the CD to auto-renew at the same term.  Or, if you prefer to renew at a new term, call Bank of America’s affinity investment specialists at 800-696-6346 to advise them of your new investment decision.

_{^{Keep the Change® is available to both new and existing customers. Upon enrollment, we will round up your Visa® Check Card purchases to the nearest dollar and transfer the difference from your checking account into your Bank of America savings account. Keep the Change savings from American Society of Mechanical Engineers Check Cards are matched at 100% for the first three months and 5% thereafter.  Matching funds are paid yearly after the anniversary of enrollment up to a maximum of $250 per year on accounts still open and enrolled. Eligible savings accounts include, but are not limited to, Regular Savings that requires a minimum opening balance of $100 ($1 for Market Rate Savings in WA and ID) and pays a variable annual percentage yield that was 0.20% as of 11/21/2007. Money Market savings accounts are also eligible. Fees may reduce earnings. The promotional matching funds will be reported to the IRS on form 1099. Patent pending.}}

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