Educators Credit Union Bonuses: $50, $350 Checking, Referral Promotions (WI)

Find an updated list of Educators Credit Union bonuses, promotions, and offers here.

Update 7/29/25: There’s currently a $50 referral bonus along with a $350 checking bonus for those being referred.

Educators Credit Union Bonuses Review

I’ll go over all Educators Credit Union offers below.

Educators Credit Union $50 Referral Bonus 

Educators Credit Union is offering a $250 bonus when you open a new checking account.

• What you’ll get:
  • Referrer: $50 bonus
  • Referred: $350 bonus
• Eligible account: Checking Account
• Where it’s available: WI (Bank Locator)
• Direct Deposit Required: Yes
• Credit inquiry: Unknown
• How to earn it:
  • To receive the $50 Referral Reward:
    • Refer family and friends who do not already bank with Educators to open a qualifying Educators checking account. The referred member must be considered a new member and not have had an Educators Credit Union account within the past six months. If the referred member was previously an Educators Credit Union member, their account must have been in good standing to qualify for this program.
    • The referred member must provide the referring member’s unique Referral Code at the time of account opening.
    • The referred member must receive a direct deposit into their account of at least $200 within 60 days of account opening (ex. Social Security, payroll, etc.)
    • The referred member must qualify for Educators Member Loyalty within 60 days of account opening.
    • If the above four conditions are met, we’ll deposit the $50 Referral Reward into the referring member’s primary checking account within 10 days.
  • To receive the $350 Bonus:
    • The referred member must provide the referring member’s unique Referral Code at the time of account opening.
    • The referred member must receive a direct deposit into their account of at least $200 within 60 days of account opening (ex. Social Security, payroll, etc.)
    • The referred member must qualify for Educators Member Loyalty within 60 days of account opening.
    • If the above three conditions are met, we’ll deposit the $350 bonus into the referred member’s primary checking account within 10 days.

(Limited time offer)

Fine Print

• Account information is private and confidential. We cannot disclose information about the status of qualifying accounts opened by the friends and family referred.
• Referral/Account Information:
• Referral Reward/Bonus is available to eligible members who qualify for Member Loyalty. The current referring member could receive a $50 Referral Reward, plus a Member Loyalty Boost if all conditions are met. The new referred member could receive a $350 bonus if all conditions are met.
• To receive the $50 Referral Reward:
  • Refer family and friends who do not already bank with Educators to open a qualifying Educators checking account. The referred member must be considered a new member and not have had an Educators Credit Union account within the past six months. If the referred member was previously an Educators Credit Union member, their account must have been in good standing to qualify for this program.
  • The referred member must provide the referring member’s unique Referral Code at the time of account opening.
  • The referred member must receive a direct deposit into their account of at least $200 within 60 days of account opening (ex. Social Security, payroll, etc.)
  • The referred member must qualify for Educators Member Loyalty within 60 days of account opening.
  • If the above four conditions are met, we’ll deposit the $50 Referral Reward into the referring member’s primary checking account within 10 days.
• To receive the Member Loyalty Boost:
  • The referring member’s Member Loyalty payout on December 1st will receive an additional amount equal to their Member Loyalty Reward times the number of referrals completed in that calendar year. Membership must be in good standing when Member Loyalty is calculated on November 30th and paid out on December 1st. An account is not in good standing if its checking account has been negative for more than 35 days or a loan is overdue for payment.
• To receive the $350 Bonus:
  • The referred member must provide the referring member’s unique Referral Code at the time of account opening.
  • The referred member must receive a direct deposit into their account of at least $200 within 60 days of account opening (ex. Social Security, payroll, etc.)
  • The referred member must qualify for Educators Member Loyalty within 60 days of account opening.
  • If the above three conditions are met, we’ll deposit the $350 bonus into the referred member’s primary checking account within 10 days.
• Eligibility may be limited based on account ownership. Bonuses and rewards are considered miscellaneous information and may be reported to you and the IRS on Form 1099-MISC. Employees of Educators Credit Union are eligible for the Member Referral Program, excluding executive and senior management.

Educators Credit Union $250 Checking Bonus (Expired)

Educators Credit Union is offering a $250 bonus when you open a new checking account.

• What you’ll get: $250 Bonus
• Eligible account: Checking Account
• Where it’s available: WI (Bank Locator)
• Direct Deposit Required: Yes
• Credit inquiry: Unknown
• How to earn it:
  • Open a checking account online or at your local branch or through Educators Connect Cam™.
  • Set up a direct deposit of $200 or more. (This includes your paycheck, Social Security deposit, pension or any other direct deposit.)
  • You’ll get $250 automatically deposited into your account.

(Expires 12/01/2023)

Fine Print

• Membership is open to anyone who lives or works in Dane, Green, Jefferson, Kenosha, Milwaukee, Ozaukee, Racine, Rock, Walworth, Washington and Waukesha Counties.
• The $250 incentive will be deposited as a dividend into the member’s Prime Share Savings within 1-3 business days once the direct deposit is received at Educators.

How To Waive Monthly Fees

• Standard Checking: No monthly fees
• Student Checking: No monthly fees
• Business Checking: $25 new account set-up charge with no monthly fees
• Non-Profit Checking: No set-up charges and no monthly fees

Conclusion

Right now, the only bonus offers from Educators Credit Union are for a select group of employees. We will continue to update you with the latest and best bonuses this credit union has to offer.

Compare this credit union’s CD and Savings rates with out nationwide best lists below.

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

If you don’t meet the membership requirements, use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.

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