Find updated Department of Labor Federal Credit Union (DOLFCU) promotions and offers here. Typical offers range from $50-$200.
DOLFCU was established in 1935 and is headquartered in Washington, DC. They have locations in DC.
READ MORE: GET TOP OFFERS FROM CHASE, AXOS, BANK OF AMERICA AND BMO.
DOLFCU is open to employees, retirees, and immediate family members of the Department of Labor, the National Labor Relations Board, or other select organizations (a complete list of groups is listed on the credit union’s website).
See current membership info.
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DOLFCU Promotions Review Below
Department of Labor FCU “Give $50, Get $50” Referral Bonuses
- What you’ll get: $50 each, up to $550.
- Where it’s available: DC
- How to earn it: Refer a new member and you will both get a $50 bonus when your referral opens both a savings and checking account.
- When it expires: 12/31/2022
Fine Print
- To qualify, referring member must be at least 18 years old and not in arrears on any DOLFCU account.
- New members must be new to DOLFCU, qualify for membership, open a savings account and checking account and provide acceptable identification documentation.
- Referral must be documented at open of new account.
- Awards deposited into savings accounts of eligible members 30 days after new account opening.
- New accounts must stay open and be in good standing for at least six months or risk DOLFCU retaining incentive payout on either account.
- New members are limited to one award ($50) which is subject to income tax reporting.
- Referring member is limited to 11 awards ($550).
- DOLFCU reserves the right to restrict or retain incentive for accounts opened fraudulently or for fraudulent purpose and to end this program at any time.
- Terms are subject to change without notice.
[Expired] Department of Labor FCU $200 New Member Bonus
UPDATE: This offer may no longer be available.
- What you’ll get: Up To $200
- Where it’s available: DC
- How to earn it:
- Earn $100:
- Open a savings account with $5 minimum deposit and checking account with no minimum deposit.
- Setup a minimum $500 recurring direct deposit within 45 days.
- Earn another $100:
- Have 10 debit card transactions that post within 60 days of card issuance.
- Earn $100:
- When it expires: 12/31/2022
Waive The Monthly Fee
There are no monthly fees for their checking and savings account.
Fine Print
- Must be new to DOLFCU, qualify for membership, open a savings account (minimum $5.00 deposit required) and checking account (no minimum required deposit for Basic Checking) and provide acceptable identification documentation.
- Award(s) deposited to savings 30 days after open if requirements (1) and (2) below met.
- Accounts must remain open and in good standing for at least six months from open date.
- New members are limited to 1 $100 award for qualifying direct deposit and 1 $100 award for qualifying debit transactions.
- Awards subject to income tax reporting.
- DOLFCU reserves the right to end this program at any time and terms are subject to change without notice.
Bottom Line
This is a nice offer for those that qualify for membership. Compare with the best bank promos here, including ones from Bank of America, Chase, TD Bank, Aspiration, Huntington and more.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.