First Commonwealth Federal Credit Union Bonuses: $400 Checking Promotion (PA, NJ)

Check out the latest First Commonwealth Federal Credit Union bonuses, promotions, and offers here.

Update 3/26/26: There’s currently a $400 checking bonus valid through 5/31/26.

First Commonwealth Federal Credit Union Bonuses Review

First Commonwealth is a consumer-friendly alternative to banking. They offer all the services you’re accustomed to, but at better rates and lower fees. The credit union exists to improve your financial well being. They return their profits to you in the form of higher dividends on savings, lower rates on loans and lower fees.

I’ll go over the First Commonwealth Federal Credit Union offers below.

First Commonwealth Federal Credit Union $400 Checking Bonus

Join First Commonwealth Federal Credit Union and earn a $400 bonus when you meet the requirements.

• What you’ll get: $400 bonus
• Eligible account: Checking Account
• Where it’s available: PA (Branch Locator)
• Credit inquiry: Soft Pull or Hard Pull? Let us know
• Direct Deposit Required: Yes
• Monthly Fee: None
• How to earn it:
  • Open a Cashback Checking account (along with a Savings account and a $5 deposit as a requirement for membership).
  • Enroll in Digital Banking. This is free and only takes minutes.
  • Set up direct deposit. You must have at least $1,000 in direct deposits each month for two consecutive months.
  • Complete these steps within 90 days of opening your account and the cash bonus will be deposited approximately 30 days after qualification.

(Expires 05/31/2026)

Fine Print

• Offer Overview: This promotional offer is available to eligible new members who open a Cashback Checking account and meet all qualifying requirements as described below. Eligible participants may earn a $400 bonus, which will be deposited into their Cashback Checking account after all conditions are satisfied. Offer runs from March 2, 2026 – May 31, 2026.
• Eligibility:
  • – Offer is available to new members only.
  • – To be considered a new member, the individual must not have had any ownership interest in any account or membership with First Commonwealth Federal Credit Union within the previous six (6) months prior to opening the Cashback Checking account.
  • – Regular Share (to establish membership) and Cashback Checking account must be opened on the same day.
  • – Existing members and individuals who have closed an account or membership within the past six (6) months are not eligible.
  • – One bonus per member. Limit one promotional bonus per individual, regardless of the number of accounts opened.
• Qualifying Account:
  • – The account must be a Cashback Checking account opened during the promotional period.
  • – Account must remain open, active, and in good standing through the date the bonus is paid.
  • – All standard membership and account opening requirements apply.
• Bonus Payment
  • – The $400 bonus will be credited to the qualifying Cashback Checking account within the first two (2) weeks of the month, approximately thirty (30) days after all requirements have been met.
  • – Bonus will be deposited directly into the Cashback Checking account.
  • – Bonus may be reported on IRS Form 1099-INT or other applicable tax reporting forms. The member is responsible for any applicable taxes.
  • – Bonus payment will be made to primary member.
  • – Bonus payment will only be made if member used code EARN400 at account opening.
  • – Primary member must enroll in Digital Banking to receive bonus payment.
• Account Standing and Disqualification
  • – Account must be open and in good standing at the time of bonus payout.
  • – Accounts that are closed, restricted, charged off, or otherwise not in good standing prior to payout will forfeit the bonus.
  • – First Commonwealth Federal Credit Union reserves the right to disqualify participants who appear to be manipulating or abusing the promotion.
• General Conditions
  • – This offer is subject to change, suspension, or termination at any time without notice.
  • – Promotion runs March 2, 2026 to May 31, 2026.
  • – Member must be at least 18 years of age at the time of account opening.
  • – Offer may not be combined with other checking account promotions unless expressly stated.
  • – Employees, volunteers, and immediate family members of First Commonwealth Federal Credit Union may be excluded from eligibility.
  • – All decisions regarding eligibility, qualification, and payout will be made by First Commonwealth Federal Credit Union and are final.
  • – Membership eligibility required.
  • – Federally insured by NCUA.

(Expired) First Commonwealth Federal Credit Union $200 Checking Bonus

When you open a new checking account and meet the requirements, you can receive a $200 bonus.

• What you’ll get: $200 Bonus
• Eligible account: Checking Account
• Where it’s available: PA
• Credit inquiry: Soft Pull or Hard Pull? Let us know
• Direct Deposit Required: Yes
• Monthly Fee: None
• How to earn it:
  • Earn $100 when you open a new Checking Account with a $500 qualifying Direct Deposit plus an extra $100 with these additional qualifications:
    • Ongoing monthly direct deposit of $1,000 a month
      eStatements
    • 10 debit card transactions in the first 60 days of account opening
  • USE CODE: DTAC100

(Expires November 31, 2020)

Fine Print

• New checking account must be opened between 10/1/20 and 11/30/20.
• Member may not be a primary or joint owner on an existing First Commonwealth checking account.
• Ongoing new direct deposit of at least $500/month required.
• Qualifying new direct deposit(s) must be received by 12/31/20 to qualify for $100 incentive.
• To receive the additional $100 incentive, qualifying direct deposit of $1,000 a month must be received by 1/31/21; you must register for eStatements by 11/30/20; and make at least 10 debit card transsactions within 60 days of account opening.
• Please allow 6-8 weeks for processing.
• Only one incentive payment per qualifying member.

How To Waive Monthly Fees

• Benefit Checking: No monthly maintenance fees
• Teen Checking: No monthly maintenance fees
• Fresh Start Checking: $5 monthly fee
• Business Advantage I: Not listed
• Business Advantage II: Not listed

Conclusion

This bonus from First Commonwealth Federal Credit Union is rather generous, however I only recommend it if it’s soft pull. So be sure to check with a CSR to find this out before opening the account. If you are not located near the Whitehall Financial Center, you can find many other great bonuses on our website Bank Checking Savings!

I would check out a list of our Savings, Money Market, and CD Rates to find other generous promotions you can utilize.

• 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, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.

Feel free to comment on this post with any questions you may have about First Commonwealth Federal Credit Union, their accounts they offer, or coupon codes.

Check back often for more First Commonwealth Federal Credit Union Bonuses, Promotions, or Offers!