Technology CU (Easy Membership) Has $150 Checking Bonus

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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

Availability: Easy membership. Also residents of six northern California counties, employees of many SEGs, and members of several large organizations.

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:

  • Basic - (no balance minimum, no fees, no direct deposit requirement) and
  • Interest Checking - (currently earns 0.05% APY, minimum balance of $1.5K, $6 monthly fee waivable, no direct deposit requirement).
  • $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.

    Limitations

    • 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.

    Availability

    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.

  • Four $500 direct deposits in a Basic Checking account for four months = $150 bonus
  • $2,000 in a 1.0% Savings Account for six months = $4.15
  • 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.

    Comments
    CC in CA
    CC in CA (anonymous)   |     |   Comment #1
    I just stopped by the San Francisco branch at 1449 Mission Street.  If you open a new account, you can also open an 8-month CD with a 2% APY (minimum $5000, maximum $100,000).  The CD must be opened in person at the San Francisco branch, and the offer ends on September 30.  Just an FYI in case you have some extra money to tuck away for 8 months.  Typical arrangement where the CD will renew at the standard 9-month rate after the offer period, unless you inform them you want to do something else with the money.
    Anonymous
    Anonymous   |     |   Comment #2
    This has been extended to July 31, 2016. I opened an account online and funded it with a credit card. Very easy process so far.
    Anonymous
    Anonymous   |     |   Comment #3
    Where all its website is the info on 2% rate???  Thanks!
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