Through Montefiore's new relationship with Bank of America, associates are being offered special banking benefits and may be eligible for certain discounts on a new mortgage.

Montefiore Banking Benefits

Our associates are being offered a special bundle of no-fee banking services by setting up a Montefiore payroll direct deposit into an eligible existing or new personal Bank of America® checking or savings account. You will start to receive benefits on that account 30 to 60 days following the identification of your Montefiore payroll direct deposit into your account.

Associates get special discounts on accounts receiving Montefiore payroll direct deposit including:

• No Bank of America monthly maintenance fees
• No Bank of America ATM fees. International transaction fees and fees charged by third-party ATM operators still apply.
• No Bank of America domestic wire transfer fees

Here’s how it works:

Step 1:  Open an eligible personal Bank of America checking and/or savings account.

Step 2:  To change your direct deposit to a Bank of America account, complete the Direct Deposit Request Form with your Bank of America account information and return the completed form to Payroll for processing.  Please note that there is a pre-note period when changing bank accounts and your first pay with a new Bank of America account will be in the form of a pay check.

Step 3:  You will start to receive benefits on that account 30 to 60 days following the identification of your Montefiore payroll direct deposit into your account.

Already have a Bank of America account with a Montefiore payroll direct deposit?

If your account is eligible, there is nothing more you need to do and benefits will be automatically applied following the identification of your Montefiore payroll direct deposit.

Montefiore Mortgage Discount Offer

Associates may qualify for a rate reduction or reduced closing costs on a new Bank of America mortgage.

Bank of America, N.A.   Equal Housing Lender

Need more information?

To learn more about the program, including eligibility, visit go.bofa.com/Montefiore

Banking, mortgage and home equity products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.