Stanford Federal Credit Union is offering a relatively simple bonus for new members in their footprint.
Just complete the direct deposit requirements and $100 cash will be deposited into your account. Not in the Stanford footprint? You may also be eligible to join nationwide through a donation to Friends of the Palo Alto Library (FOPAL) or Museum of American Heritage (MOAH).
How To Earn The Bonus
The Stanford Federal Credit Union Personal Checking promotion requires you to set up direct deposits in order to earn the $100 bonus.
Full requirements to receive this bonus are:
- Open a Stanford FCU Basic or Premier Checking account using promo code NEW100.
- Within 60 days, enroll in and complete monthly direct deposits of at least $500.
- Bonus will be credited to your account 90 days after opening.
Open a Personal Checking account before the bonus expires
The fine print
- The bonus offer is only available to new Stanford FCU members.
- Limit one bonus per household.
- Checking account must remain open a minimum of three months.
- The 3-month new member period begins on the first day of the month following your account open date.
How does this personal checking offer from Stanford 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 Stanford Federal Credit Union?
Basic Checking
Basic checking is a free checking account with no minimum balance or direct deposit requirements, and no monthly fee.
Fees
Basic Checking does not charge a monthly fee.
Premier Checking
Premier Checking is Stanford Credit Union's interest-earning account.
This account does come with monthly fees; however, there are ways to avoid them.
Fees
Premier Checking does charge a monthly fee of $10, but there are ways to get this waived:
- Maintain a minimum balance of $2,500.
- OR, Maintain a combined savings and loan balances (including mortgage) of $20,000.
Apply now for a Personal Checking account to earn the $100 bonus offer
How to Join Stanford 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 Stanford Federal Credit Union's membership requirements:
- Work for Google, Stanford University, Facebook, Tesla, Genentech, SAP, VMware, Amazon, Visa, or one of over 100 companies headquartered in the Bay Area.
- Joining the Friends of the Palo Alto Library (FOPAL) or Museum of American Heritage (MOAH) – SFCU will pay your membership fee.
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.
Stanford Federal Credit Union Locations
Credit unions are community-based, and a lot of the time this means they serve a specific geographic footprint.
Sometimes eligibility requirements will mean that you need to live, work, or worship in that area to become a member. Other times, you may be required to visit a branch in-person to take advantage of a welcome offer. Or, you may just prefer the convenience of banking with institutions that have locations near you.
Get a better idea of how well Stanford Federal Credit Union can serve you by checking out their branches closest to your area:
459 Lagunita Dr
Stanford, CA 94305
650-463-7661
694 Pampas Ln
Stanford, CA 94305
650-463-7655
300 Pasteur Dr
Stanford, CA 94305
650-463-7665
525 University Ave
Palo Alto, CA 94301
650-463-1504
1860 Embarcadero Rd
Palo Alto, CA 94303
650-842-6049
905 Barron Avenue
Redwood City, CA 94063
888-723-7328