Here you can find the latest LM Federal Credit Union bonuses, promotions, and offers.
Right now, they are offering a $25 bonus when you open a checking account and meet the requirements.
LM Federal Credit Union Bonuses Review
LM Federal Credit Union is a non-profit financial institution that provides high-quality personalized member service. They are owned by credit union members, not stockholders like a typical large bank. Their members directly receive the benefits of membership including lower loan rates and fees and better member service.
I’ll go over the LM Federal Credit Union bonuses & offers below.
LM Federal Credit Union $20 Referral Bonuses
LM Federal Credit Union is offering a $20 bonus when you refer someone to open a checking account.
- What you’ll get: $20 Bonus
- Eligible account: Checking account
- Availability: MD
- Credit Inquiry: Soft Pull or Hard Pull? Let us know.
- Direct Deposit Required: No
- Monthly Fee: $0-$6; waivable
- How to earn it:
- Get a $20 Bonus if you refer a co-worker for membership. The new member gets a $10 bonus deposit!
- To qualify for the bonus deposits, the new member must make an initial deposit of $100.00 or setup a weekly payroll deposit of $25 (or equivalent).
(Expires 02/29/2024)
| Chase Private Client ($3,000 Bonus) | Fifth Third Preferred Checking ($300 Bonus) |
| KeyBank Checking ($300 bonus) | |
Fine Print
- Excludes existing members or joint owners, minors, business accounts and those who have closed their membership within 90 days of the new membership re-opening.
- The cash reward will be deducted from the account if closed within 90 days of opening or if the minimum payroll deduction amount is not maintained for 90 days from account opening.
- Promotion ends 2/29/24
LM Federal Credit Union $25 Checking Bonus (Expired)
LM Federal Credit Union is offering a $25 bonus when you open a checking account.
- What you’ll get: $25 Bonus
- Eligible account: Checking account
- Availability: MD (Branch Locator)
- Credit Inquiry: Soft Pull or Hard Pull? Let us know.
- Direct Deposit Required: No
- Monthly Fee: $0-$6; waivable
- How to earn it:
- Open a membership by telephone or by visiting the Credit Union office
- Arrange a weekly payroll deduction of $50 or greater (or equivalent) to earn the $25 bonus. We can help you setup your payroll deduction online.
- The $25 bonus will be paid once the first payroll deposit has posted.
(Expires 09/30/2023)
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | SoFi Checking & Savings Account ($325 bonus) |
Fine Print
- Excludes family memberships, existing members or joint owners, minor accounts, business accounts and members who have closed their membership within 90 days of the new membership re-opening.
- The $25 reward will be deducted from the account if closed within 90 days of opening or if the minimum payroll deduction amount is not maintained for 90 days from account opening.
- Promotion ends 9/30/23
LM Federal Credit Union $50 Checking Bonus (Expired)
LM Federal Credit Union is offering a $50 bonus when you open a checking account.
- What you’ll get: $50 Bonus
- Eligible account: Checking account
- Availability: MD
- Credit Inquiry: Soft Pull or Hard Pull? Let us know.
- Direct Deposit Required: Yes
- Monthly Fee: $0-$6; waivable
- How to earn it:
- Earn $50 bonus for new checking accounts and complete the following requirements:
- Receive a qualifying direct deposit of $500 per month
- Make five visa check card purchases within 45 days of account opening
- Earn $50 bonus for new checking accounts and complete the following requirements:
(Expires 12/31/2021)
| Chase Business Checking ($300 or $500 Bonus) | Axos Business Premium Savings ($375 Bonus) |
| Axos Bank Basic Business Checking ($400 Bonus) | Axos Bank Business Interest Checking ($400 Bonus) |
| Huntington Unlimited Plus Business Checking ($1,000 Bonus) | Huntington Unlimited Business Checking ($400 Bonus) |
| Bluevine Business Checking ($300 Bonus) | Bank of America Business Checking ($200 bonus offer) |
| U.S. Bank Business Checking ( $500 or $900 Bonus) | |
Fine Print
- Direct Deposit is defined as an ACH deposit from the member’s employer of at least $500 per month (or equivalent).
- Incentive will be deposited once the first direct deposit is posted and confirmed.
- A minimum of five (5) VISA check card purchases (credit or debt) must be posted within 45-days of the account opening.
- Checking and Visa Check Cards are subject to approval.
- Cash reward will be subtracted from the account if it is closed within 90 days of opening.
How To Waive Monthly Fees
- Free Checking: None
- Regular Checking: $5, Fee waived if: You maintain a $500 average monthly balance in checking, OR You maintain $2,500 in average balances in all your accounts, OR You are under age 23 or over age 61
- Interest Checking: $6, Fee waived if: You maintain a $1,000 average monthly balance in checking, OR You maintain $25,000 in average balances in all your accounts
- Share Account: The minimum to open and avoid a monthly service fee is only $25
- Club Accounts: None listed
- Money Market: Minimum of only $2,500 to open and avoid a monthly service fee
- Money Market PLUS: Minimum of $25,000 to open and avoid a monthly service fee
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Conclusion
This is a rather simple and easy way to earn some extra cash in your pocket. However, before you open the account, be sure to check if it triggers a hard or soft pull.
Feel free to comment on this post with any questions you may have about LM Federal Credit Union, their accounts they offer, or coupon codes.
I would check out a list of our Savings, Money Market, and CD Rates to find other generous promotions you can utilize.
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.
Check back often for more LM Federal Credit Union Bonuses, Promotions, or Offers!
