$75 Checking Account Bonus at a California CU

Feb 10, 2006 - 8:31 AM by Ken Tumin

California Credit Union is offering a $75 Bonus for opening a new checking account with direct deposit. In addition, the first order of checks will be free. The direct deposit must be from your net pay or at least $500 and must be made within 30 days of account opening.

The checking is free with no monthly service charges. It also doesn't require direct deposit, so the direct deposit could be cancelled after some amount of time after the bonus is received. The small print doesn't provide how long this needs to be.

The credit union's field of membership primarily includes employees of California schools. However, the FOM also says you can qualify if you are a Parent Teacher Association or Parent Teacher Student Association member. If you're not a member, they can sign you up.

California Credit Union is a large credit union with over $1 billion in assets and almost 75,000 members.

The main office is located in Glendale, California. It has several other branches in Los Angeles, North Hills, Encino, Pasadena and Torrance.

There seems to be lots of checking account bonuses in Southern California lately. Refer to this previous post for bonuses from two banks.

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