Discussion:
Florida bank offers free Benz with new $1M account
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MummyChunk
2012-05-02 21:34:10 UTC
Permalink
From A


C1 Bank Clients Who Deposit $1 Million to Receive a New Mercedes-Ben
With Launch of Revolutionary CD Produc

Tampa Bay Buccaneers Pewter Partners, C1 Bank and Mercedes-Ben
dealer, Crown Eurocars unite to offer what is quite possibly the mos
powerful banking product eve

TAMPA, Fla., April 26, 2012 /PRNewswire/ -- Trevor Burgess, CEO o
Community Bank announced today that, in conjunction with its nam
change to C1 Bank on May 1st and in partnership with Crown Eurocars
it will be offering a new five year $1,000,000 CD product where th
client will receive a brand new Mercedes-Benz from Crown Eurocars a
pre-paid interest

Clients will be able to choose from the 2012 SLK350 Roadster, 201
E350 Sedan, 2012 ML350 SUV, and 2012 E350 Convertible

C1 Bank CEO Trevor Burgess said, "C1 Bank is offering its client
the ability to drive off in their own brand new Mercedes-Benz just fo
moving their money to C1 Bank. In this interest rate environment wher
the five year CD has an APY of 1.20% it is thrilling to change th
game with the instant gratification of a spectacular Mercedes-Ben
that our client will own including tax, title, and license.

"Crown Eurocars is extremely excited about this innovativ
program and are pleased to join C1 Bank in this effort. In doing so
we look forward to this partnership further enhancing both ou
commitments to serving the Tampa Bay community," said Larr
Casto, General Manager of Crown Eurocars

"It's great to see two Pewter Partners join together to offe
something truly extraordinary for their clients," said Tampa Ba
Buccaneers Co-Chairman Bryan Glazer. "We are proud to align ou
brand with innovative leaders and quality brands in the Tampa Ba
community.

The Fine Print

C1 Bank's 60 month Certificate of Deposit (CD) special with a minimu
opening and required minimum balance of $1,000,000.00 is valid throug
July 31, 2012. Offer applicable to traditional certificate of deposi
accounts only. Individual Retirement Account certificates of deposi
are not eligible for this special offer. This offer is for a limite
time and may be withdrawn at any time without notice. This offer i
applicable for NEW funds and is available for Consumer deposits only
Offer valid for Florida Residents only, age 18 years or older with
valid Florida driver's license. Offer is limited to two (2) Mercede
vehicles per household for this promotion. Subject to the terms an
conditions of the deposit contract, C1 Bank will pay a pre-calculate
interest rate of 1.19% with an annual percentage yiel
("APY") of 1.20% in advance on deposited funds at th
completion of account opening. The 1.20% APY is available for ne
accounts only opened on or before May 31, 2012. For new account
opened after May 31, 2012 the interest rate and APY will be based o
the 60 month interest rate offered in connection with this promotio
at the time the account is opened and compounded daily. Th
pre-calculated interest in advance amount $61,294.00 based on th
1.20% APY available through May 31, 2012, can only be used towards th
purchase of one of four (4) specific Mercedes-Benz vehicle models fro
Crown Eurocars Inc. with a MSRP of $59,585.00 and includes $3,488.3
sales tax, $687.70 delivery fee, $2.50 Florida Lemon Law fee, $6.5
Florida tire and battery fee, $500.00 registration/tag and $24.0
electronic filing fee with a total purchase price, net of $3,000.0
discount, of $61,294.04. Client will be responsible for any other fee
or charges incurred in connection with purchase. The four (4
promotional models available for purchase are the 2012 SLK350, E350
ML350, or E350 Convertible, subject to dealer availability and with
$59,585.00 MSRP. Client may select vehicle from available inventor
designated by Crown Eurocars Incorporated. If Client selects vehicl
from other inventory of Crown Eurocars Incorporated, Client will b
responsible for the difference between the pre-calculated interest i
advance amount and the purchase price of the vehicle and any relate
increase in taxes, fees and other costs associated with the purchas
of the vehicle. Vehicle color and options subject to availability.
Vehicle may only be registered in the name of the Primary account
owner and cannot be exported to any location outside of the
continental United States for a period of 12 months from the date of
purchase and delivery. Client will be responsible for Insurance,
Warranties, Licenses, and any other fees and costs not covered under
the terms and conditions of this promotion. Client is responsible for
taking delivery of the vehicle at Crown Eurocars Incorporated located
at 6001 34th St N Saint Petersburg, FL 33714. Pre-calculated interest
earned and paid in advance on the CD may be subject to applicable
State or Federal taxes. C1 Bank will issue a same year (2012) 1099-INT
Interest Statement for pre-calculated interest earned. Client should
consult and discuss any taxation issues with a tax advisor. FDIC
deposit insurance covers the standard deposit insurance amount of
$250,000.00 per depositor, per insured bank, for each account
ownership category, as provided by applicable law. FDIC Insurance
Coverage can be calculated using the FDIC's online Electronic Deposit
Insurance Estimator (EDIE) at: www.fdic.gov/edie. Significant early
withdrawal penalties will apply to the certificate of deposit
available through this promotion. The principal amount will be reduced
by any penalty for the early withdrawal of funds. In the event of
early withdrawal, C1 Bank will deduct from the $1,000,000.00 principal
amount deposited the amount of the pre-calculated, pre-paid interest
paid in advance and specifically used for a Mercedes-Benz vehicle
purchase from Crown Eurocars Incorporated, including any delivery, tax
and costs paid with such interest ($61,294.04). In addition to the
early withdrawal penalty, C1 Bank will also deduct an early withdrawal
fee of $3,000.00 from the $1,000,000.00 principal amount deposited.
The early withdrawal penalty and the early withdrawal fee could reduce
the earnings on your certificate of deposit account. Partial
withdrawals are not allowed. Once the CD is opened, client agrees to
be bound by the terms and conditions of the promotional offer and
deposit account agreement during the 60-month term of the CD and even
after the account is closed. At maturity of the full term with no
exceptions or withdrawals, the client is entitled to receive from C1
Bank the $1,000,000.00 principal amount of deposited funds only. The
CD is not auto-renewable.In addition, by accepting the terms and
conditions of the promotional offer, the primary account holder
forever releases and holds C1 Bank and CBM Florida Holding Company and
Crown Eurocars Inc. harmless from any and all liability for any
injury, loss or damage of any kind to persons, including death, and
property arising in whole or in part, directly or indirectly, from
acceptance, possession, use or misuse of the vehicle, or participation
in the offer. This promotion and agreement will be governed by the
laws of the State of Florida and applicable federal laws and
regulations. C1 Bank is not responsible for any incorrect or
inaccurate information provided in advertising. C1 Bank reserves the
right to cancel or modify this offer at any time without notice.
Please visit C1 Bank for full terms and conditions of this limited
time promotional offer. Vehicle color is subject to availability.

About Community Bank - C1 Bank:

Community Bank is a local, independent bank that serves thousands of
sophisticated savers and borrowers from 18 locations in Pinellas,
Hillsborough, Manatee, Charlotte and Pasco counties and online at
www.communitybanknow.com. Community Bank is changing its name
effective May 1, 2012 to C1 Bank and will be changing its web site to
www.C1Bank.com. Community Bank is a leader in checking, savings and
money markets, residential mortgages, business loans, SBA loan
programs, and association and treasury services. Community Bank is the
Official Bank of the Tampa Bay Buccaneers and the Official Bank of the
Outback Bowl.

Community Bank services include:

Full Service Checking, Savings and Money Market depository products
for consumers and businesses

Residential mortgages, from "30 years fixed" to
"jumbo" products all with fast local decision making

Business and commercial real estate loans of up to $19 million to help
local businesses grow
Small Business Administration loans of up to $5 million - Community
Bank is a Preferred Lender and is consistently ranked as one of the
region's top SBA lenders

Association and Treasury Services - providing lockbox services to
condominiums, doctors and other businesses who need to carefully track
their accounts receivabl

View the attachments for this post at:
http://www.jlaforums.com/viewtopic.php?p=155513800#155513800
DAS
2012-05-03 09:23:17 UTC
Permalink
Just shows you how high the commission is. Take the money and buy a car
yourself.

DAS
--
To reply directly replace 'nospam' with 'schmetterling'
---
From AB
C1 Bank Clients Who Deposit $1 Million to Receive a New Mercedes-Benz
With Launch of Revolutionary CD Product
Tampa Bay Buccaneers Pewter Partners, C1 Bank and Mercedes-Benz
dealer, Crown Eurocars unite to offer what is quite possibly the most
powerful banking product ever
TAMPA, Fla., April 26, 2012 /PRNewswire/ -- Trevor Burgess, CEO of
Community Bank announced today that, in conjunction with its name
change to C1 Bank on May 1st and in partnership with Crown Eurocars,
it will be offering a new five year $1,000,000 CD product where the
client will receive a brand new Mercedes-Benz from Crown Eurocars as
pre-paid interest.
Clients will be able to choose from the 2012 SLK350 Roadster, 2012
E350 Sedan, 2012 ML350 SUV, and 2012 E350 Convertible.
C1 Bank CEO Trevor Burgess said, "C1 Bank is offering its clients
the ability to drive off in their own brand new Mercedes-Benz just for
moving their money to C1 Bank. In this interest rate environment where
the five year CD has an APY of 1.20% it is thrilling to change the
game with the instant gratification of a spectacular Mercedes-Benz
that our client will own including tax, title, and license."
"Crown Eurocars is extremely excited about this innovative
program and are pleased to join C1 Bank in this effort. In doing so,
we look forward to this partnership further enhancing both our
commitments to serving the Tampa Bay community," said Larry
Casto, General Manager of Crown Eurocars.
"It's great to see two Pewter Partners join together to offer
something truly extraordinary for their clients," said Tampa Bay
Buccaneers Co-Chairman Bryan Glazer. "We are proud to align our
brand with innovative leaders and quality brands in the Tampa Bay
community."
C1 Bank's 60 month Certificate of Deposit (CD) special with a minimum
opening and required minimum balance of $1,000,000.00 is valid through
July 31, 2012. Offer applicable to traditional certificate of deposit
accounts only. Individual Retirement Account certificates of deposit
are not eligible for this special offer. This offer is for a limited
time and may be withdrawn at any time without notice. This offer is
applicable for NEW funds and is available for Consumer deposits only.
Offer valid for Florida Residents only, age 18 years or older with a
valid Florida driver's license. Offer is limited to two (2) Mercedes
vehicles per household for this promotion. Subject to the terms and
conditions of the deposit contract, C1 Bank will pay a pre-calculated
interest rate of 1.19% with an annual percentage yield
("APY") of 1.20% in advance on deposited funds at the
completion of account opening. The 1.20% APY is available for new
accounts only opened on or before May 31, 2012. For new accounts
opened after May 31, 2012 the interest rate and APY will be based on
the 60 month interest rate offered in connection with this promotion
at the time the account is opened and compounded daily. The
pre-calculated interest in advance amount $61,294.00 based on the
1.20% APY available through May 31, 2012, can only be used towards the
purchase of one of four (4) specific Mercedes-Benz vehicle models from
Crown Eurocars Inc. with a MSRP of $59,585.00 and includes $3,488.34
sales tax, $687.70 delivery fee, $2.50 Florida Lemon Law fee, $6.50
Florida tire and battery fee, $500.00 registration/tag and $24.00
electronic filing fee with a total purchase price, net of $3,000.00
discount, of $61,294.04. Client will be responsible for any other fees
or charges incurred in connection with purchase. The four (4)
promotional models available for purchase are the 2012 SLK350, E350,
ML350, or E350 Convertible, subject to dealer availability and with a
$59,585.00 MSRP. Client may select vehicle from available inventory
designated by Crown Eurocars Incorporated. If Client selects vehicle
from other inventory of Crown Eurocars Incorporated, Client will be
responsible for the difference between the pre-calculated interest in
advance amount and the purchase price of the vehicle and any related
increase in taxes, fees and other costs associated with the purchase
of the vehicle. Vehicle color and options subject to availability.
Vehicle may only be registered in the name of the Primary account
owner and cannot be exported to any location outside of the
continental United States for a period of 12 months from the date of
purchase and delivery. Client will be responsible for Insurance,
Warranties, Licenses, and any other fees and costs not covered under
the terms and conditions of this promotion. Client is responsible for
taking delivery of the vehicle at Crown Eurocars Incorporated located
at 6001 34th St N Saint Petersburg, FL 33714. Pre-calculated interest
earned and paid in advance on the CD may be subject to applicable
State or Federal taxes. C1 Bank will issue a same year (2012) 1099-INT
Interest Statement for pre-calculated interest earned. Client should
consult and discuss any taxation issues with a tax advisor. FDIC
deposit insurance covers the standard deposit insurance amount of
$250,000.00 per depositor, per insured bank, for each account
ownership category, as provided by applicable law. FDIC Insurance
Coverage can be calculated using the FDIC's online Electronic Deposit
Insurance Estimator (EDIE) at: www.fdic.gov/edie. Significant early
withdrawal penalties will apply to the certificate of deposit
available through this promotion. The principal amount will be reduced
by any penalty for the early withdrawal of funds. In the event of
early withdrawal, C1 Bank will deduct from the $1,000,000.00 principal
amount deposited the amount of the pre-calculated, pre-paid interest
paid in advance and specifically used for a Mercedes-Benz vehicle
purchase from Crown Eurocars Incorporated, including any delivery, tax
and costs paid with such interest ($61,294.04). In addition to the
early withdrawal penalty, C1 Bank will also deduct an early withdrawal
fee of $3,000.00 from the $1,000,000.00 principal amount deposited.
The early withdrawal penalty and the early withdrawal fee could reduce
the earnings on your certificate of deposit account. Partial
withdrawals are not allowed. Once the CD is opened, client agrees to
be bound by the terms and conditions of the promotional offer and
deposit account agreement during the 60-month term of the CD and even
after the account is closed. At maturity of the full term with no
exceptions or withdrawals, the client is entitled to receive from C1
Bank the $1,000,000.00 principal amount of deposited funds only. The
CD is not auto-renewable.In addition, by accepting the terms and
conditions of the promotional offer, the primary account holder
forever releases and holds C1 Bank and CBM Florida Holding Company and
Crown Eurocars Inc. harmless from any and all liability for any
injury, loss or damage of any kind to persons, including death, and
property arising in whole or in part, directly or indirectly, from
acceptance, possession, use or misuse of the vehicle, or participation
in the offer. This promotion and agreement will be governed by the
laws of the State of Florida and applicable federal laws and
regulations. C1 Bank is not responsible for any incorrect or
inaccurate information provided in advertising. C1 Bank reserves the
right to cancel or modify this offer at any time without notice.
Please visit C1 Bank for full terms and conditions of this limited
time promotional offer. Vehicle color is subject to availability.
Community Bank is a local, independent bank that serves thousands of
sophisticated savers and borrowers from 18 locations in Pinellas,
Hillsborough, Manatee, Charlotte and Pasco counties and online at
www.communitybanknow.com. Community Bank is changing its name
effective May 1, 2012 to C1 Bank and will be changing its web site to
www.C1Bank.com. Community Bank is a leader in checking, savings and
money markets, residential mortgages, business loans, SBA loan
programs, and association and treasury services. Community Bank is the
Official Bank of the Tampa Bay Buccaneers and the Official Bank of the
Outback Bowl.
Full Service Checking, Savings and Money Market depository products
for consumers and businesses
Residential mortgages, from "30 years fixed" to
"jumbo" products all with fast local decision making
Business and commercial real estate loans of up to $19 million to help
local businesses grow
Small Business Administration loans of up to $5 million - Community
Bank is a Preferred Lender and is consistently ranked as one of the
region's top SBA lenders
Association and Treasury Services - providing lockbox services to
condominiums, doctors and other businesses who need to carefully track
their accounts receivabl
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