
Open a new checking account, set up a $250+ direct deposit, and collect $150 within 60 days. Offer runs through year-end.
Santa Rosa County Federal Credit Union is dangling a $150 cash bonus for new members who open a checking account and hit a few requirements.
The credit union is targeting residents of Santa Rosa and Escambia counties in Florida, plus surrounding areas, with the offer. To qualify, applicants need to open a new Share Savings and Checking account, then set up and receive at least one direct deposit of $250 or more within 60 days of account opening.
The bonus is deposited into the new checking account within 60 days after the direct deposit clears. Members must also maintain a minimum $5 balance in the share savings account. The offer excludes existing members and those who have held an account with the credit union in the past 12 months.
The credit union's standard checking account carries no monthly maintenance fee. There is no minimum opening deposit beyond the $5 savings requirement. The bonus is taxable income, reported on a Form 1099-INT.
Santa Rosa County Federal Credit Union has roughly $130 million in assets and serves a field of membership centered on the Florida panhandle communities. The offer runs through Dec. 31, 2024, unless extended.
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