CIBM Bank Promotions: $450 Checking Bonus [IL, IN, WI]

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1 CIBM Bank $450 Checking Offer

CIBM Bank (cibmbank.com) promotions and offers can be found updated here. Typical offers range from $100 to $450 cash.

CIBM Bank was established in 1921 and is headquartered in Champaign, Illinois. They have 11 locations throughout Illinois, Indiana and Wisconsin. Central Illinois Bank and Marine Bank are part of the CIBM Bank group. The websites for Central Illinois Bank and Marine Bank are now redirected to CIBM Bank’s page.

If you don’t meet the residency requirements for this institution’s offers, see our bank offers page for other offers. Top offers can be found from Chase Bank, HSBC Bank, Wells Fargo and more.

I’ll review the current offers below.

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CIBM Bank $450 Checking Offer

What you’ll get: $450
Where it’s available: IN, IL, WI
How to earn it:
- Open a new High-Performance Checking Account and use promo code GET4504HP.
- Maintain a $1,000 minimum monthly balance for 6 months.
- Use your account:
  - Direct Deposit(s) of $500 or more monthly.
  - Complete debit transaction (month 1 – one, month 2 – two, month3 – three, month 4 – four, month 5 – five, and month 6 – six).
- Your bonus will be deposited into your new account in $75 increments, for 6 months for a maximum of $450.
When it expires: 6/30/2022

Learn More at CIBM Bank

Waive The Monthly Fee

High Performance Checking: $7 – Monthly service is waived if minimum monthly or average daily balance is maintained.

Fine Print

Offer available on new High Performance Checking accounts opened during the promotional period and limited to one per customer.
Offer not available for existing CIBM Bank personal checking account holders or those who have closed a CIBM Bank personal checking account within the past 6 months.
Promo code must be used at time of account opening.
In each of the six (6) calendar months following the month of account opening, customer shall be eligible to receive a $50.00 bonus payment upon completing all required Qualifying Activities. Each month’s Qualifying Activities shall be reviewed, and any such related bonus payments made, independently of other months.
Maximum total bonus per account is $450.00.
In each calendar month, “Qualifying Activities” are: those listed above.
“Qualifying Direct Deposits” are electronic deposits of your paycheck, retirement, or government benefits (such as Social Security) from your employer or the government.
“Qualifying Debits” are debit card purchase transactions, checks, or ACH debit transactions.
Bonus payments will be made to the account no later than 5 business days following the end of the calendar month in which they are earned.
Account must be open and in good standing in order to receive any bonus payment.
Cash bonus considered interest and reportable on IRS Form 1099-INT.
Minimum opening deposit of $100.00 required.
Accounts closed within 6 months of opening date, subject to a $25.00 early closing fee.
Account remains subject to all terms and conditions as outlined in the “Terms and Conditions of Your Account” and all account disclosures, including $7 monthly service fee if minimum monthly balance of $1,000.00 is not maintained.
They reserve the right to amend or cancel any part of this offer at any time.