$75 Checking Account Bonus at a California CU - Update

Christian Community Credit Union is offering $75 for new members who open an Interest Checking account and sign up for Direct Deposit within 90 days of opening your account. The bonus will be deposited to the checking account within 30 days of receipt of the first Direct Deposit. A minimum deposit of $100 is required. The Interest Checking Account has no monthly fees with Direct Deposit. Without Direct Deposit, a minimum balance of $750 or a combined deposit balance of $3,500 is required to avoid a $7 monthly fee. Credit for finding this deal goes to this FW thread.

The credit union also has two other specials for new members: 6% APY 7-month certificate and a 5% APY money market account. However, both deals are only good for the first $2,500. The 5% money market rate only lasts for the first 6 months. After that period, the rate falls back to the current money market APY (currently 2.10% for deposits over $10K).

Comparing these three new member specials, the checking account is the best deal. The special CD and MMA only earn you about $35 over what you would get by leaving your money at EmigrantDirect.

The credit union's field of membership is not based on location but rather on membership in various church and Christian organizations. It looks like there are many organizations in which anyone can join.

It should be noted that this credit union has private ASI insurance instead of NCUA.

The credit union only has one personal banking location in Covina California, but it is a member of the CU Service Centers. Also, the credit union is set up to handle account opening through the mail and online with the ability to fund an account electronically.