UPDATE 6/25/2016: $150 checking bonus available through July 31, 2016.
UPDATE 9/26/2015: 8-month CD (2.00% APY) available at San Francisco branch only through September 30, 2015. See CC in CA's comment below
Now through July 31, 2016,
December 31, 2015, the California-based Technology Credit Union (Tech CU) will reward new members with up to $150 when opening a new Tech CU checking account using the promo code "moveon."
Tech CU offers two checking accounts:
$150 Bonus Requirements
- New membership and Tech CU checking account must be opened by July 31, 2016
December 31, 2015.
- Use promo code "moveon" when opening the account.
- $100 for establishing a recurring Direct Deposit (minimum $500 per month) to checking or share savings within 90 days of account opening.
- $50 for a least one online bill payment or other automated payment within 90 days of account opening.
- Bonus(es) will be posted to the checking account at the end of the month in which the qualifying transaction occurs.
- New customers only.
- Must be 18 years or older.
- Only valid for new-to-Tech CU personal checking accounts.
- Maximum bonus total of $150.
Complete details for the MoveOne $150 bonus are available on the Bank Happily Ever After page.
Headquartered in San Jose, California, Technology Credit Union's field of membership is wide, with residency, employment, and organization membership serving as qualifying criteria.
Easy Membership: Individuals who join the Financial Fitness Association ($8 membership fee) qualify for Tech CU membership. Other qualifying large organizations include the San Jose State University Alumni Association and the Northern California Human Resource Association.
Residency: Individuals who live, work, worship, or attend school in the California counties of Alameda, Contra Costa, San Cruz, San Francisco, San Mateo, and Santa Clara are eligible to join.
Employment: Employees of Tech CU Member Companies, and public or private technology-based entities with a location in California, are eligible to join.
Relationship: Household and family members of current Tech CU members can join.
Joining Tech CU and applying for the $150 bonus can be done online, (using the promo code "moveon" on the first page of the online application) or at any of 11 California branches located in Cupertino, Dublin, Fremont, Milpitas, Palo Alto, San Francisco, San Jose (3), and Sunnyvale (2).
Credit Union Overview
Technology Credit Union has an overall health grade of "A+" at DepositAccounts.com, with a Texas ratio of 0.65% (excellent), based on March 31, 2016 data. In the past year, Tech CU has increased its total deposits by $204.8 million, an excellent annual growth rate of 12.13%. Please refer to our financial overview of Technology Credit Union for more details.
Technology Credit Union (NCUA Charter # 68383) was founded in 1960 by a group of employees at Fairchild Semiconductor (a pioneering technology company in Silicon Valley). As part of its expansion strategy, Tech CU developed a commercial real estate program in 2006 that has resulted in $145+ Million commercial loan portfolio consisting of CRE, construction, multifamily loans and SBA loans. Tech CU is California’s 19th largest credit union, with more than 75,500 members and assets in excess of $2.1 billion
How the MoveOn Bonus Compares
With relatively uncomplicated requirements, this seems to be an easy $150.
Other Promotions and Bonuses
Not eligible for Technology Credit Union’s checking 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.