[ME Only] The County Federal Credit Union $100 Checking Bonus

Offer at a glance

• Maximum bonus amount: $100
• Availability: ME only
• Direct deposit required: Yes, no minimum. Must be set up within three months of account opening
• Additional requirements: See below
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: $2, avoidable
• Early account termination fee: Unknown
• Household limit: None listed
• Expiration date: None listed

The Offer

Direct link to offer

• The County Federal Credit Union is offering a $100 bonus when you open a new new share draft/checking account and establish direct deposit within 60 days of opening the account

The Fine Print

• Open a new personal share draft/checking account with The County Federal Credit Union with a minimum deposit of $200.00;
• Establish a recurring electronic direct deposit of a paycheck, pension, or government benefit (such as social security) from member’s employer or the government within 60 days of opening the personal share draft/checking account. Deposits received in connection with goods sold, person-to-person transfers between your County Federal Credit Union accounts or accounts at other financial institutions or brokerages do not qualify; and
• Maintain membership in good standing for 90 days. Membership in good standing requires that all account balances associated with the account holder’s Social Security Number must remain at or above the required minimum balance (see Rate & Fee Schedule for minimum balance requirements); and any loan associated with an account owner’s Social Security Number must not be past due (no more than 29 days past the Payment Due Date).
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

Traditional checking account has a $2 monthly fee, this is waived with a $300 minimum balance.

Early Account Termination Fee

I wasn’t able to find a fee schedule so unsure if there is any early account termination fee.

Our Verdict

Relatively small bonus, but might be worth doing for people that have done the bigger checking bonuses that are available.

Hat tip to alopez14

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