Sign-Up Farm Dividend

Terms & Conditions

We’re thrilled to offer our new partners an exciting incentive to join us -- the Walden Mutual Farm Dividend. We hope many of you will take advantage of this promotion to enjoy locally farmed food and reinvest in your local business ecosystem. Please take a moment to read the eligibility requirements below:

What Is A "Farm Dividend"?

The Farm Dividend is a Grow Local account credit of up to $100 for you to use at local farms, farmers markets, or related businesses across New England and New York. We plan to offer our entire community a version of the Farm Dividend for the first time in the summer of 2023, but as a special offer to new partners, we're offering additional $100 credits to qualified depositors.

It’s a time-bound promotion (which we may – at our discretion – renew annually).

We’re using the term “dividend” in this context because it ties back to our roots as a mutual (where a portion of profits are paid back to the community of owners), but be aware that, technically speaking, this is not a dividend; instead, it’s a time-bound promotion subject to renewal by the bank at its discretion.

Who MIGHT RECEIVE THIS OFFER?

If you:

...you might have received this offer.

Who is eligible for the Farm Dividend ?

Any new partner who received the Farm Dividend offer is welcome to use it, as long as they complete both of the following by the Qualification Date (which is defined below):

Each qualified new partner (as identified by Social Security Number or Tax ID Number) is eligible for a single Farm Dividend regardless of the number of accounts they may have open. Jointly-held accounts owned by two separate partners are eligible for a single Farm Dividend, to be used jointly by the account holders. Accounts for individuals (i.e. Grow Local accounts and Local Impact CDs) are the only eligible account type (i.e. Grow Local Business accounts and loans are ineligible).

How do you use the Farm Dividend?

There are two steps:

What businesses are eligible?

Farms and farmers market, and “related businesses”. Related businesses are local businesses that resell goods you might otherwise buy from a farm or farmers markets. This could be your neighborhood co-op, a local general store that sells small-batch food goods, or an online marketplace that delivers sustainably produced food goods to your door.

If you have a question about a local business you love, send us a note! We’re happy to help.

Other Legal Notes

Failure by any eligible participant to satisfy any of the requirements laid out above within the promotion terms will result in ineligibility.

Multiple account opening offers cannot be combined.

We also reserve the right to exclude any participant from the promotion for any reason, including suspected fraud, misuse, or if suspicious activities are observed. The bank also reserves the right to stop or make changes to the promotion at any time.