Stay up-to-date with Quorum Federal Credit Union’s promotional offers for their Checking, Savings and CD accounts here.
Established in 1977 and headquartered in Purchase, New York, Quorum Federal CU has 5 locations in Illinois, New Jersey and New York. Membership is available nationwide.
Membership Information:
*It appears as though Quorum membership is now established through the creation of a Basic Savings account with a $5 minimum balance. This account is opened automatically and funded with a $5 deposit by them when your application is approved. See current membership info.
*It appears as though Quorum membership is now established through the creation of a Basic Savings account with a $5 minimum balance. This account is opened automatically and funded with a $5 deposit by them when your application is approved. See current membership info.
Aside from their occasional Checking account offers, they do offer some decent Savings rates from time to time. You’ll definitely want to compare all the best national rates first. Use our Savings/Money Market and Certificate of Deposit guides for those accounts.
We’ll review the current offers below.
Quorum Federal CU HighQ Savings Rate Offer
- Availability: Online, nationwide
- Minimum for APY: $1
- Maximum for APY: None
- Monthly fee: —
- No minimum balance requirements
- No withdrawal penalties
- Maintain eStatements and there are no monthly fees
- Funds are federally insured to at least $250,000 by the NCUA
[Expired] Quorum Federal CU $300 Checking Bonus
- $300 bonus offer has expired
- Available nationwide
- Direct deposit is not required
- $10 Monthly Fee can be waived (QChoice requires enrollment in eStatements and minimum monthly direct deposit(s) totaling $1,000 or minimum average daily balance of $5,000 to avoid a $10 monthly fee.)
How To Earn The $300 Bonus
- Members with an existing checking account are not eligible for this promotion.
- New QChoice checking account must satisfy the following requirements: 10 or more transactions per month for the first three consecutive months or 30 transactions over the first 90-day period, after account opening. Transactions include deposits, withdrawals, check writing, POS transaction, account transfers, ACH direct deposit, and bill payment.
- The $300 cash bonus will be deposited into your QChoice Checking Account within 120 days after account open date if all account and bonus criteria was satisfied.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
