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Home Bank Promotions

Credit Union 1 $1000 Savings Bonus [IL] – Ends 3/15/2023

Tony Jay by Tony Jay
January 22, 2023 9:43 pm CST
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This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Contents

  • 1 Credit Union 1 $1000 Savings Bonus
    • 1.1 Waive The Monthly Fee
    • 1.2 Fine Print
    • 1.3 Bottom Line
Chase Total Checking $200 Bonus Chase Total Checking $200 Bonus Chase Total Checking $200 Bonus
ADVERTISEMENT

Earn a $1,000 bonus when you meet the requirements for a new savings account with this offer from Credit Union 1.

CU1 was established in 1958 and is headquartered in Rantoul, Illinois. They have locations in Illinois, Indiana, and Nevada.

Membership Information For Credit Union:
CU1 has several types of membership eligibility. As you complete an online application, the system will determine your eligibility. Or, speak with a Member Solutions Specialist. See current membership info.

See Posts History below for more offers from Credit Union 1.

Credit Union 1 $1000 Savings Bonus

  • What you’ll get: $1000
  • Where it’s available: IL
  • How to earn it:
    • Open a CU1 HYS+ Account
    • Deposit: There is a $100,000 Minimum Balance Requirement to Open and Earn Dividends. Must be NEW money.
    • The $1,000 bonus will be deposited into your High Yield Savings Plus account at the end of the business day on the day you open the HYS+.
  • When it expires: 3/15/2023
OFFER LINK

Waive The Monthly Fee

No monthly fees with this savings account.

Fine Print

  • This is a limited time offer available only from 1.17.23 to 3.15.23 and cannot be combined with any other offers.
  • The $1,000 bonus (Bonus) will be deposited into your CU1 High Yield Savings Plus (HYS+) account at the end of the business day on the day you open the HYS+ account by making a minimum $100,000 deposit balance of new money from a competitor financial institution to earn dividends.
  • The $1,000 bonus will start earning interest immediately but not be eligible for withdrawal until the account has a balance of $100,000 or greater for twelve (12) consecutive calendar months from the date of opening of the HYS+ account.
  • Bonus is considered interest and will be reported on 1099-INT.
  • Offer may be cancelled at any time without notice.
  • Account Closure: If the HYS+ account is closed by the member or Credit Union1 or balance drops below $100,000 within 12 months after opening, Credit Union1 will deduct the Bonus from the HYS+ account at closing.

Bottom Line

Good bonus amount but you’ll need to lock up $100,000 for a year to qualify.

Posts History:

  • Credit Union 1 Promotions: $500 Checking Account Signup Bonus [IL] – Ends 2/28/2023

READ MORE: See Bank Offers From Chase Bank, U.S. Bank, TD Bank, BMO Harris, And Bank Of America

READ MORE: See The Best Bank Promotions Here And The Best Investing Promotions Here

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Tags: credit union 1no direct deposit
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Tony Jay

Tony Jay

I'm all about finding new finance-related promotions and bonuses here at MoneysMyLife. Contact me here.

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