Dedicated to Deposits: Deals, Data, and Discussion

$77 Checking Account Bonus at MIDFLORIDA Credit Union - Local Only



MIDFLORIDA Credit Union is offering a $77 cash bonus for opening one of its checking accounts. Direct deposit with a minimum of $500 is required to qualify for the bonus. This is a limited-time offer. Details are listed in this credit union promo page as of 3/8/2012. Below is the small print of the offer:

A $5 minimum savings account is required for membership with MIDFLORIDA. Credit approval required. Offer valid as of November 1, 2011 and may be cancelled without notice. To qualify for the $77 incentive, you must open a checking account of any type except Freedom Banking. Deposit requirements vary by checking account type. Anyone who has held a checking account with MIDFLORIDA in the past will not qualify for the $77 incentive. To get $77 incentive you must sign up for direct deposit (minimum $500) which must post to account within 30 days of account opening for all accounts except RT4T. RT4T accounts will require five transactions (deposits/withdrawals,etc.) within 30 days to qualify for incentive. $77 will be deposited to account once account requirements are met. Free photo debit card not available with new Freedom Banking accounts.

The Free Checking Account qualifies for this incentive. There is a $2 monthly fee if you choose paper statements instead of e-statements. Also, the credit union requires that you maintain a $100 balance in the savings account to avoid a $5 monthly fee.

My last post on this credit union was a year ago. At that time it was offering some competitive CD rates. Their current CD rates are not nearly as competitive.

Credit union membership is open to people who live, work, worship or attend school in one of the following counties: Polk, Highlands, Okeechobee, Hardee, DeSoto, Glades, Osceola and Sumter counties or portions of Martin, Hillsborough, Pinellas, Pasco, Hernando, and Lake counties. Please refer to the credit union's New Customer page for more details.

MIDFLORIDA Credit Union branches are located in several Central and West Floria cities, some of which include Lakeland, Tampa, St Petersburg, Sebring and Winter Haven.

It's a large credit union with $1.60 billion in assets. The credit union has an overall health score at of 4 stars (out of 5) with a Texas Ratio of 12.99% (above average) based on December 2011 data. Please refer to our financial overview of MIDFLORIDA Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 68600).

Other Credit Union and Bank Bonuses

We have a bank promotions page with a table of all of the active bank and credit union promotions. You can filter the table based on the type of promotion and based on your state. I have more details about how to use this page in this blog post.

  Tags: MIDFLORIDA Credit Union, checking account, Florida

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