I'm considering this a "your miles may vary" deal since the credit union only revealed this promo to certain members without checking accounts (apparently by mail). It may be targeted. This promotion was mentioned in this FW thread
. Details are listed at www.nwfcu.org/happy
NWFCU is offering $300 for opening a new checking account by May 31, 2012 and for establishing direct deposit. Here's a copy of the small print:
Qualifications for checking account apply. New checking account must be opened by 5/31/12. Three (3) consecutive payroll direct deposits of at least $500 each to the new checking account must be received by 7/31/12 to earn bonus. Bonus will be credited to member’s NWFCU checking account on the business day following the third deposit of $500 or greater. Limited time offer effective 4/1/2012. Offer is not transferable to other Northwest Federal members.
I have more details about NWFCU's checking account and membership in this blog post on a past NWFCU promotion
. Anyone can qualify for credit union membership via an association membership.