Dedicated to Deposits: Deals, Data, and Discussion

$101 Checking Account Bonus at Signal Financial Federal Credit Union in DC


Signal Financial FCU is still offering a $101 bonus for opening a checking account with direct deposit. It's scheduled to expire on 1/31/2009. According to the promotional page:
Direct deposit is defined as your entire net paycheck being electronically deposited into your Signal Financial account each payday. It must take effect on account before prize money is awarded. Prize money will be deposited into your share (savings) account and be held for 6 months. One incentive offer per member.

The credit union has long offered competitive rates on its 12- and 24-month promotional CDs. These are still offered, but the rates have just recently fallen below 3% (see rate table).

Membership is open to anyone who lives, works, worships or attends school in Washington, DC or inside the Beltway in Prince George's County, Maryland. Membership is also available to members of Artemis Racing. Please refer to the credit union's membership page for more details. An application to Artemis Racing is available at this page. Artemis Racing membership costs $25. Credit union membership requires a $5 deposit into the main savings account.

Branches are located in Maryland, Virginia and Washington DC. The credit union is federally insured by the NCUA (Charter # 5571).

  Tags: Maryland, CD rates

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