Open to residents in Alabama and Tennessee, Redstone Federal Credit Union is offer up to $200 when you setup a Youth Savings account for your child. This is DOUBLE what it was when last offered AND they increased the eligible age range.
This bonus comes in the form of a deposit match - the average daily balance for the first 30 days after account opening in that saving account will be matched up to $100. If you're already a member and have a child age 0-17, you should jump on this offer to help kickstart their savings!
How To Earn The Bonus
The Redstone Federal Credit Union Youth Savings promotion requires you to deposit and maintain a minimum balance in order to earn the up to $200 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the credit union will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
- A valid promotional code must be entered at the time of account opening.
- The new savings account must be the first RFCU savings account for the participant (must have not had an RFCU savings account in the past twelve (12) months).
- Accounts must remain open and in good standing until the bonus is paid.
- The participant must be between 0-17 years old.
- The offer is limited to one bonus per participating member and cannot be combined with any other new savings offer.
- The participant must be a resident of Alabama (Madison, Morgan, Marshall, Limestone, Cullman or Jackson Counties) or Tennessee (Rutherford, Bedford, Cannon, Moore, or Lincoln Counties) to be eligible for the promotion.
Open a Youth Savings account before the bonus expires on May 31, 2025
How does this personal savings offer from Redstone Federal Credit Union compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
Why Redstone Federal Credit Union?
Youth Savings
Fees
Youth Savings does not charge a monthly maintenance fee.
Apply now for a Youth Savings account to earn the up to $200 bonus offer
How to Join Redstone Federal Credit Union
Credit unions differ from banks in that they restrict membership based on a shared common bond, or the credit union’s “field of membership”.
That means in order to qualify for this bonus (or any offer from a credit union), you'll first need to meet one of Redstone Federal Credit Union's membership requirements:
- Belong to one of the 1,800+ Redstone Membership Partners (organizations, clubs, churches, and businesses).
- Have an immediate family member who is a Redstone member (spouse, parent, sibling, child, grandparent, grandchild, step-parent, step-child, or step-sibling).
- Live in a household with a Redstone member
- Government employees and contractors on Redstone Arsenal and throughout Madison County.
- Service members and their dependents on Redstone Arsenal and throughout Madison County.
- Reserve service members in Madison County.
- Members of the National Guard in the following counties: Madison, Morgan, and Limestone Counties (AL), and Lincoln County (TN).
Alternatives options to those listed are available. Visit your local branch for more information.
Keep in mind that nearly all credit unions have a "once a member, always a member" policy, so once you're in, the above restrictions no longer apply.
Share Your Thoughts or Questions
There have been 1 comment about the Redstone Federal Credit Union Youth Savings up to $200 Bonus.
Daniel Tacker
November 3, 2023FYI, for people in Tennessee, this only applies to a particular count in eastern Tennessee. I was going to apply but I live in West Tennessee so couldn't join.
ReplyReply to Daniel Tacker
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