Welcome To Higher Earnings

*New Members/New Account must use a valid “promo/promotional” code at signup/account opening to be eligible to receive the bonus. Offer not available to existing FIGFCU Members. Offer cannot be combined with any other new member offer and is limited to one bonus per account and per Member.

Eligible “Member” must open a qualified bonus account with a minimum qualifying deposit/loan in new money to the Credit Union within 10 days of joining the Credit Union. Bonus will be paid by the 20th day of the following month after qualifying activities are completed. Bonuses will be paid for the following:

$50 Direct Deposit Bonus: Eligible “New Member” must open a Checking account within 10 days of joining the Credit Union, and posted an ACH Direct Deposit amounting to a minimum of $1,000 per calendar month into the Checking account no later than 45 days after joining the Credit Union. The ACH Direct Deposit must occur for 2 (two) consecutive months before bonus is paid. Bonus will be paid by the 20th day of the following month. The “New Member” must have an active primary savings account at the time of the bonus payout; bonus will be posted to the primary savings account.

$50 Savings/Deposit Bonus: Eligible “New Member” must open a qualified savings/deposit account with a minimum deposit of $10,000 (ten thousand dollars) in new money to the Credit Union within 10 days of joining the Credit Union. At least $10,000 must stay in the deposit account for 2 (two) consecutive months before bonus is paid. Bonus will be paid by the 20th day of the following month. The “New Member” must have an active primary savings account at the time of the bonus payout; bonus will be posted to the primary savings account.

$50 Signature Loan Bonus: Eligible “New Member” must open a qualified Signature Loan or Line of Credit (LOC) account with a minimum loan balance of $10,000 (ten thousand dollars) within 10 days of joining the Credit Union. LOC must draw/advance line within the first 60 days of account opening. Bonus will be paid by the 20th day of the following month. The “New Member” must have an active primary savings account at the time of the bonus payout; bonus will be posted to the primary savings account.

Promotion is available starting July 1, 2024 until further notice. Offer availability subject to change.

Bonus recipient must have an active primary savings account at the time of the bonus payout; bonus will be posted to the primary savings account. Bonus recipient must be at least 18 years of age, able to open an active membership in good standing and not have caused a loss to the Credit Union.

“Bonus” is considered interest and will be reported to the IRS.

**An initial deposit of $20 is required to open any Checking Account. High Yield Checking is an interest earning checking account eligible for up to 5.00% APY interest on the average daily balance in the checking account up to $5,000 (five thousand dollars) and 0.20% APY on balances over $5000. Dividends are calculated by applying a periodic rate to the Average Daily Balance in the account for the Dividend period. High Yield Checking will earn up to 5.00% APY interest and is eligible for up to $10 (ten dollars) in ATM surcharge rebates per statement cycle subject to the following: 1) $1,000 (one thousand dollars) monthly minimum direct deposit, 2) eStatements, and 3) 10 Debit Card Point of Sale (PIN and Signature based) posted transactions using the Farmers Insurance Federal Credit Union Debit Card. Posted transactions count toward monthly minimums. Interest earned will be credited to the account at the end of the statement period. Additional restrictions apply: I must be a Member in good standing with a valid email address on file with the Credit Union. Qualifying transactions must post and clear the account during the monthly qualification cycle. Should the account not qualify for ATM surcharge rebates and/or the 5.00% APY interest, and for balances in excess of $5,000, the account will earn 0.20% APY (twenty basis points) on the checking account balance. Transactions may take one or more business days from the transaction date to post to the account. At the time of the statement cycle date you will verify the combined products and services used since the previous cycle date to determine the qualification for the 5.00% interest and the eligibility for the ATM surcharge rebate. In the event that my monthly $1,000 ACH direct deposit credit does not come in for a 60 day period, the loan discount and the rate bump-up on the certificate will also be discontinued. Current interest rates and the annual percentage yield may be found at the Credit Union’s website, may be verified at a Credit Union Branch or by calling 800.877.2345. Interest rates earned, ATM surcharge rebate amounts and qualifying dollar amounts for interest earned are subject to change at any time. APYs, ATM surcharge rebate amounts and eligibility criteria are subject to change at any time. Fees may reduce earnings. Accounts with one calendar month of no activity will be assessed an inactivity fee of $5.

Rate bonus is for a minimum of $1,000 monthly ACH Direct Deposit into a Farmers Insurance Federal Credit Union Checking Account. Rates are subject to change at any time.

†APY = Annual Percentage Yield. APY is the annualized rate based on a compounding period of one year. When the deposited money earns dividends and the accumulated dividends starts earning dividends as well, we are talking about compounding. Fees could reduce the earnings on an account. All yields except Certificate yields are subject to change retroactively to the beginning of the month.

Rate bonus is for a minimum of $1,000 monthly ACH Direct Deposit into a Farmers Insurance Federal Credit Union Checking Account. Rates are subject to change at any time. No branch or call center access with this account.