1st Source Bank Bonuses: $250 Checking Promotion (IN, MI)

Find the latest 1st Source Bank bonuses, promotions, and offers here.

Update 7/20/26: There’s currently a $250 checking bonus valid through 8/15/26.

1st Source Bank Bonuses Review

Founded in 1863 in South Bend, Indiana, 1st Source has offered clients a convenient and friendly way to bank for over 155 years. They are a top-rated bank and have been recognized for our integrity and exceptional service.

I’ll go over the 1st Source Bank Bonuses below.

1st Source Bank $250 Checking Bonus

You can earn a $250 bonus with a new Checking Account. Simply meet the requirements below to qualify.

• What you’ll get: $250 Bonus
• Eligible account: Checking
• Availability: IN, MI (Branch Locator)
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fees: $10; waivable
• How to earn it:
  • Earn a $250 Cash Bonus with Easy Banking Club Checking
  • For a limited time, new clients can earn a $250 cash bonus when they open an account between July 1, 2026 and August 15, 2026 and complete the following within their first three statement cycles:
    • Receive at least $500 in qualifying ACH direct deposits (payroll, pension, or government benefits)
    • Complete 10 debit card point-of-sale purchases
    • Enroll in eStatements
  • Once all requirements are met, the $250 bonus will be credited within three statement cycles, provided the account remains open.

(Expires 08/15/2026)

Fine Print

• To receive your $250 account credit, you must present your offer code and open a new 1st Source Easy Banking Club personal checking account during the promotional period of July 1, 2026 through August 15, 2026. You must complete All of the following qualifying activities within any one of the first three (3) statement cycles following account opening: 1. Set up and receive at least one ACH direct deposit of $500 or more into the account and 2. Complete at least ten (1 O) debit card-of-sale (POS) transactions within a single statement cycle. You must also be enrolled in electronic statements. Qualifying ACH direct deposits include payroll, pension, or government benefits. Transfers between accounts, person-to-person payments, or deposits made at a branch or ATM do not qualify
• Additional Information & Restrictions: As of July 1 st,2026, the Annual Percentage Yield for these accounts is 0.07%. Rates are variable and subject to change. Fees may reduce account earnings. Current 1st Source personal checking customers are not eligible for this offer. The $250 account credit will be applied directly to your Easy Banking Club account within three statement cycles following completion of all qualifying activities listed above. This account must be open for the credit to be paid into the account. If the account is closed before the credit is paid, you will not receive the bonus.
• The reward will show as a credit entitled NEW CHK- 250USA PROMO BONUS in the account.
• The value of the reward may be reported to the IRS on Form 1099. Offer may not be combined with any other offer. Accounts titled as Estate, Non-individual, and HSAs are not eligible for this offer. Employees of 1st Source Bank or its subsidiaries are not eligible for this offer. 1st Source Bank reserves the right to withdraw or modify this offer at any time.

1st Source Bank $150 Checking Bonus (Expired) 

Allied physicians can earn a $150 bonus with a new Checking Account. Simply meet the requirements below to qualify.

Editor’s Note: This promotion is only available for Allied Physicians only.

• What you’ll get: $150 Bonus
• Eligible account: 1st Source Easy Banking Club, Cubs 1st Club personal checking
• Availability: IN, MI
• Credit Inquiry: Soft Pull
• Direct Deposit Required: Yes
• Monthly Fees: $0-$25
• How to earn it:
  • Open a 1st Source Easy Banking Club Checking Account
  • Deposit $25 or more at account opening
  • Set up and make one ACH direct deposit of at least $250 within 65 days of account opening
  • Use your Resource Plus® Mastercard debit card to make 5 point-of-sale purchase transactions. Excludes recurring payments. Transactions must post to account within 65 days of account opening.

(Expired)

Fine Print

• All accounts and Resource® Plus debit cards are subject to credit approval.
• For specific account details, please consult our Truth in Savings Disclosure.
• The $100 MasterCard® Gift Card offer is available with an original coupon.

How to Waive Monthly Fees

• Easy Banking Club: $10.00 monthly can be waived with direct deposits totaling $250 or more per month.
• Cubs 1st Club: $10.00 monthly can be waived with direct deposits totaling $250 or more per month.
• 1st Checking: $7.00 monthly can be waived with minimum daily balance of $500.
• E-student Checking: No monthly fees
• Portfolio Checking: $25.00 monthly can be waived with a minimum balance of $5,000.
• Business Value Checking: $5.00 monthly can be waived if $1,000 minimum daily balance is maintained.
• Business Checking: $20.00 monthly can be waived if $20,000 minimum daily balance is maintained.
• Business Checking with Interest: $20.00 monthly
• Business Analysis Checking: $20.00 monthly
• Community Not-for-Profit Checking: No monthly fees

Conclusion

I would check out this offer while you can to earn an extra bonus in your pocket. Additionally, you will have access to a wide selection of features to better your banking experience.

While these bank promotions are generous, you can also take advantage of our list of Savings, Money Market, and CD rates.

• Best Savings/Money Market rates
• Best CD Account rates

If you are not eligible for these promotions, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, TD Bank, Huntington Bank, HSBC Bank, and many more.

Feel free to comment on this post with any questions you may have about 1st Source Bank, their accounts they offer, or 1st Source Bank coupon codes.

Check back often for more 1st Source Bank Bonuses, Promotions, or Offers!