First Commonwealth Federal Credit Union Bonuses: $300 Checking Promotion (PA, NJ)

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

Update 8/14/25: The $300 checking bonus is back through 10/31/25.

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 $300 Checking Bonus

Join First Commonwealth Federal Credit Union and earn a $300 bonus when you meet the requirements.

• What you’ll get: $300 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:
  • Become a member and open your Cashback Checking account on the same day.
  • Have $1,000 or more deposited via direct deposit within 60 days of account opening.
  • Sign up for Digital Banking within 60 days of account opening.
  • Once you’ve met the requirements, your $300 bonus will be deposited directly into your account.

(Expires 10/31/2025)

Fine Print

• New members can earn $300 when they:
  • Join First Commonwealth with a Savings Account
  • Open a Cashback Checking account the same day they join
  • Receive $1,000 in direct deposits within 60 days of account opening
  • Enroll in Digital Banking within 60 days of account opening
• Offer Requirements:
  • New members only (members cannot have had an account in the past 6 months)
  • Membership and checking account must be opened on the same day
  • One per member (one per SSN/TIN)
  • Consumer members only
  • Deposit requirements can be satisfied with check, electronic transfer, and/or direct deposit within 60 days of account opening
  • Promotional code GET300 needed
  • Runs 8.1.2025 through 10.31.2025
• Important Terms and Conditions:
• Promotion open to U.S. residents who are 18 years of age or older at the time the account is opened using promotion code GET300. Limit one (1) bonus per tax identification number used to open a new First Commonwealth Federal Credit Union account. New members only (may not be primary owner on any existing account in the past 6 months). Indirect members and Business members are not eligible for the new member bonus. Employees, volunteers and their immediate family members are not eligible for this program.
• $5 in Regular Share Account is required to establish membership. Cashback Checking account and membership must be opened on the same day. Deposit requirement can be satisfied with electronic transfer and/or direct deposit within 60 days of account opening.
• Bonus can be earned for new memberships with a Cashback Checking account opened between 8.1.25 – 10.31.25. Bonus payment will be made within the first two weeks of the month following the satisfaction of bonus requirements. Member must be in good standing as defined by First Commonwealth’s Bylaws to receive any bonus payment. Bonuses are considered dividends/interest and will be reported to the IRS, if applicable. The recipient of the bonus payment is solely responsible for payment of applicable taxes. For questions, please seek advice of a qualified tax professional. All decisions of First Commonwealth regarding this promotion are final. First Commonwealth may extend, terminate or change the terms and conditions of this promotion without notice. Subject to all applicable federal,?state,?and local laws and regulations. Subject to approval. Additional restrictions may apply.

(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!