Refer a Friend Terms and Conditions


Terms and Conditions

The person making the referral (Referrer) will earn a $50 cash bonus via direct deposit for each individual or business referred (Referred Person or Business) to Hawthorn Bank that does not already have a Hawthorn Bank checking account, opens a new personal checking or business checking account, and completes the other requirements within the time specified in the program. To make a referral, the Referrer must register for the program online at https://hawthornbank.royalreferralcenter.com, agree to the Terms and Conditions, and submit a valid email address for both the Referrer and each Referred Person or Business. A Referrer may receive up to ten (10) direct deposits in increments of $50 ($500 value) within a calendar year, but only one Referrer may receive a cash bonus for each Referred Person or Business that fulfills the requirements (the first Referrer who enters information for a Referred Person or Business will be the eligible Referrer). The Referred Person or Business may only receive one incentive bonus for opening an account and completing the requirements but may also be eligible as a Referrer.

 

Referred Person 
To earn $50 cash via direct deposit, the Referred Person must open a new Hawthorn Bank personal or business checking account within 90 days after receiving the email, text or social media post offer through the official means of the program, AND fulfill the following requirements within 90 days after account opening: 

  • Receive two (2) or more direct deposits to your new Hawthorn Bank personal checking account totaling at least $500 AND
  • Keep the account open for at least 60 days


To earn a $75 cash reward:

  • Receive two (2) or more direct deposits to your new Hawthorn Bank personal checking account totaling at least $500 AND
  • Open an additional Hawthorn Bank deposit product AND
  • Keep the account open for at least 60 days


If during the 60-day qualification period the referred new personal account holder also opens an additional deposit product, they would receive a $75.00 incentive. The additional $25 incentive would be contingent on the new account holder meeting the requirements of the personal checking offer. The new referred customer may only receive one additional incentive so that their incentive total cannot exceed $75.00 as a referred customer. Holiday and Vacation Savings accounts are not eligible to be considered an additional deposit product.


Referred Business
To earn $150 cash via direct deposit, the Referred Person must open a new Hawthorn Bank business checking account within 90 days after receiving the email, text or social media post offer through the official means of the program, AND fulfill the following requirements within 90 days after account opening: 

  • Complete two (2) or more ACH transactions (Credit and/or Debit) totaling at least $500 AND
  • Keep the account open for at least 60 days


The offer is not available if the Referred Person or Business already has a Hawthorn Bank checking account. The program may be discontinued or changed at any time without notice.


The Referrer authorizes the sending of communications to each Referred Person. The email may not be recovered if the person has “opted out” of marketing material from Hawthorn Bank or Royal Referral Center. Each person who registers with the Royal Referral Center authorizes future communications including emails regarding the program unless they “opt out” by making an election within such email. The Referred Person acknowledges that an incentive will be issued to the Referrer after all conditions have been met in the time frames provided.


Processing and delivery of the reward may take an additional 2-6 weeks after all conditions have been met. The Referred Person acknowledges that a reward will be issued to the Referrer after all conditions have been met in the time frames provided. The reward will be direct deposited into the appropriate Hawthorn Bank checking account and may be reported as income to the IRS.