Earn $100 With A New Gesa Credit Union (WA) Checking Account


Deal Summary: $100 Bonus when opening a new checking account.

Availability: Residents of Washington State

Although 2017 is about two months old, Gesa Credit Union (Gesa CU) is still offering a $100 checking bonus to “help you kick off 2017 the right way.” Checking account bonuses rarely have so few requirements and are rarely awarded so quickly. The details of the promotion are listed in this credit union page and are summarized below:


  • Open a new Classic Checking or Colossal Checking account.
  • Minimum $500 opening deposit required.
  • May not have had a Gesa checking account within the past 90 days.
  • $100 will be paid as a dividend upon account opening.
  • Only one $100 bonus per member
  • If checking account is closed within 180 days, a $20 early termination fee will apply.

The Classic Checking account has no minimum balance requirement or monthly fees, and has free e-Statements, Online Banking, and VISA Debit Card.

The Colossal Checking is a free reward checking account that earns 1.30% APY on qualifying balances up to $10k; qualifying balances over $10k and non-qualifying balances both earn 0.05% APY. Domestic ATM fees are reimbursed up to $4.99 per withdrawal. There are no monthly fees or minimum monthly balance requirements.

3.00*%-$10kGesa Credit UnionColossal Checking
OTHER TIERS: 0.05% $10k+
Rates as of November 13, 2018.

The monthly qualifying requirements are as follows:

  • Have at least 18 Debit Card transactions.
  • Have at least one Direct Deposit or ACH auto debit.
  • Enroll in and receive e-Statements.

I first reported on the Colossal Checking account in 2008 when it paid over 6% apy. The rate has fallen, but the cap has remained at $10k. Even though the current rate is low compared to other reward checking accounts, it’s nice to see a reward checking account that has lasted so long.

Thanks to DA reader, stevel, for his Forum post about the $100 bonus.

CD Specials

Gesa CU is also offering several CD Specials, which are available through April 15, 2017. While the CDs may be promoted as Specials, unfortunately, the rates aren’t.

2.75*%$100k-Gesa Credit Union48 Month Certificate
OTHER TIERS: 2.35% $500 - $50k | 2.55% $50k - $100k
2.60*%$500-Gesa Credit Union24 Month Certificate
2.50*%$100k-Gesa Credit Union36 Month Certificate
OTHER TIERS: 2.10% $500 - $50k | 2.30% $50k - $100k
2.30*%$100k-Gesa Credit Union30 Month Certificate
OTHER TIERS: 2.00% $500 - $50k | 2.15% $50k - $100k
Rates as of November 13, 2018.


Headquartered in Richland, Washington, Gesa Credit Union offers membership to individuals who live, work, or worship, or attend school anywhere in Washington State.

"Close relatives" of individuals who qualify for membership are also eligible to join.

Joining Gesa CU and/or opening a CD can be done online or by visiting of any of 17 Washington branches located in East Wenatchee, Kennewick (2), Moses Lake, Pasco (2), Richland (4), Spokane, Walla Walla (2), Wenatchee, West Richland, and Yakima (2).

Credit Union Overview

Gesa Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas ratio of 2.23% (excellent) based on September 30, 2016 data. In the past year, Gesa CU has increased its total non-brokered deposits by $161.15 million, an excellent annual growth rate of 12.02%. Please refer to our financial overview of Gesa Credit Union (NCUA Certificate # 68278) for more details.

In 1953, members of General Electric Supervisor's Association (G.E.S.A.) formed GESA Federal Credit Union (GESA FCU) to serve the exempt employees of General Electric. Like most fledgling credit unions, GESA FCU started "small" with the first account receipts held in a shoebox. Thirty years later, membership was opened to select employee groups who could not support a credit union of their own. Gesa CU converted from a federal to a state charter credit union in 1997, as a result of legislation which prevented Gesa CU (and other federal credit unions) from expanding beyond their core membership. Twenty years later, Gesa CU has a membership of over 143,300 and assets in excess of $1.7 billion.

Other Bank Promotions and Bonuses

Not eligible for Gesa Credit Union’s $100 bonus? Check out my latest bank and credit union bonus blog posts to find other promotions. In addition, DepositAccounts.com readers and I also post often on bonuses in the Bank Promotions Forum.

Gesa CU (WA) Offers Limited-Time Special Rates On CDs
Availability: Residents of Washington State

Gesa Credit Union (Gesa CU) began the New Year by raising the rates on all its Certificates, with the most impressive rates on the 60-month (2.15% APY) and the 7-year (2.50% APY). The minimum opening deposit is $500, with no balance cap.

Gesa CU’s website lists two categories of Certificates - $500 and $5K minimum deposits, but currently the APYs are the same for either minimum deposit level.

Both Certificates are also available as IRAs (Traditional and Roth), earning same APYs, but...

Continue Reading
Gesa CU (WA) Raises Rates on 36-, 48-, and 60-month CDs - Local Only


Residents of Washington State

Gesa Credit Union (Gesa CU) began the New Year by raising the rates on its longer term CDs: 36-month (1.70% APY), 48-month (2.00% APY), and 60-month (2.50% APY). The minimum opening deposit is $500, with no maximum balance cap. All three CDs are also available as IRAs (Traditional and Roth) at the same rates and with the same funding requirements.

As stated on Gesa CU’s Truth In Savings page, the Early Withdrawal Penalty reads as follows:

Gesa CU also offers a series of...

Continue Reading
Special CD and IRA CD Rates at Gesa Credit Union in Washington State

Gesa Credit Union has competitive rates on its special certificates. The two best deals are the 14-month CD which has a 1.14% APY and a 30-month CD which has a 1.64% APY. There’s also a 5-year CD with a 2.14% APY and a 7-year CD with a 2.34% APY. These rates are listed in the credit union’s savings page as of 3/19/2014. Minimum deposit for consumer certificates is $500, and the minimum for IRA certificates is $2,500. One downside is a maximum deposit. For the 14-month CD, the maximum deposit...

Continue Reading
Top Long-Term CD Rates at Gesa Credit Union - Washington State

Gesa Credit Union has competitive rates on its long-term certificates and IRA certificates. These include a 2.06% APY 7-year CD, a 1.91% APY 5-year CD and a 1.81% APY 4-year CD. Minimum deposit is $5,000. Rates are 10 basis points lower for a $500 minimum. These rates are listed in Gesa CU's savings page as of 1/11/2013.

The early withdrawal penalty for the CDs with terms from over 2 years to under 7 years is 180 days of interest on the amount withdrawn. The penalty for the 7-year CD is 365...

Continue Reading
3.00% 30-Month CD at Gesa Credit Union in Washington State - Local Only
Gesa Credit Union is offering competitive rates on its mid-term and long-term certificate accounts. These include 2.46% APY for 24 months, 3.00% APY for 30 months and 3.53% APY for 60 months. Minimum deposit is $500 for the 24- and 60-month terms and $10,000 for the 30-month term. IRA certificate rates are also available, but the rates are lower. These rates are listed in the credit union's Certificates page as of 7/10/09.

The credit union also has a reward checking account. It's not the best deal for reward checking. The top...

Continue Reading

More Past Offers

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.