[WI] Educators Credit Union (ECU) $100 Checking Bonus – In Branch At Elkhorn Only

Offer at a glance

• Maximum bonus amount: $100
• Availability: Only at their Elkhorn branch in Wisconsin
• Direct deposit required: Yes, no minimum specified
• Additional requirements: None
• Hard/soft pull: Unknown
• Credit card funding: Unknown, unlikely due to in branch opening
• Monthly fees: None
• Early account termination fee: $20, 90 days
• Expiration date: July 2nd, 2016

The Offer

Direct link to offer

• Receive a sign up bonus of $100 when you go to the Elkhorn branch of Educators Credit Union, open a checking account and complete the following requirements:
  • Set up a direct deposit

The Fine Print

• Incentive posted after the first direct deposit
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

There is an early account termination fee of $20 if the account is closed within the first 90 days according to their fee schedule, they also offer a checking account with no monthly fees.

Our Verdict

Fairly small bonus and it’s in branch as well, but it’s easy to keep the account fee free so as long as it’s easy to meet the direct deposit requirement and you live near a branch it’s not the worst bonus out there, but there are ones a lot better. If you have any experience with this bank then please share your experiences in the comments below.

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank