Take advantage of the latest Members Source Credit Union bonuses, promotions and offers here.
Currently, they are offering a $100 bonus when you open a qualifying checking account and meet certain requirements as well as a referral bonus when you refer friends and family to join the credit union.
Members Source Credit Union Bonuses Review
Originally established as Northern Indiana Public Service Employees’ Federal Credit Union on August 27, 1935 they offered membership to a group of employees who worked for NIPSCO. In November 2006, they changed their name to Members Source Credit Union and expanded their membership.
| Eligibility: Membership is open to those who live or work in Lake, Porter, LaPorte, or Jasper Counties in Indiana. For more information on eligibility requirements please check out their full list of membership requirements. |
- Availability: IN (Branch Locator)
- Hard/Soft Credit Inquiry: Soft Pull or Hard Pull?
While these bank promotions are rather attractive, you can also take advantage of our list of Savings, Money Market, and CD rates.
However, if you do not live in Indiana, definitely take a look at 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.
I’ll review the current bonuses below.
Members Source Credit Union $25 Referral Bonus
Update as of 3/31/2021: The referral program does not show up int he promotions section, please check back to this post for updates.
You can receive a $25 bonus from Members Source Credit Union when you refer a friend or family member to open a new qualifying checking account.
- What you’ll get: $25 Bonus for you and a friend
- Eligible account: Checking Account
- Where it’s available: IN
(No expiration date listed)
| Chase Private Client ($3,000 Bonus) | Fifth Third Preferred Checking ($375 Bonus) |
| KeyBank Checking ($300 bonus) | HSBC Premier Checking (Up to $2,500 Cash Bonus), |
How To Earn Bonus
- Send your friends and family the referral form and have them complete it– See form here
- After they complete the form, have them bring the form to open an account.
- After your referral opens their account, $25 will be deposited into both of your accounts!
- Offer available for new member referrals only, referring a previous member will not count toward this promotion.
- Referral must live or work in Lake, Porter, Jasper or LaPorte Counties or be related to a current member.
- Referring member and referral member’s accounts must be in good standing to be eligible.
- $25 bonus deposit is considered interest and will be reported on IRS Form 1099-INT.
- Offer may be withdrawn at any time without notice.
- Please contact the credit union for referral forms.
Members Source Credit Union $100 Checking Bonus (Expired)
You can receive a $100 bonus from Members Source Credit Union when you open a new qualifying checking account.
- What you’ll get: $100 Bonus
- Eligible account: Checking Account
- Where it’s available: IN
(Expired)
| Chase Total Checking ($300 Bonus) | KeyBank Checking ($300 bonus) |
| Bank of America Checking ($300 Bonus Offer) | Fifth Third Bank Checking ($375 Bonus) |
| SoFi Checking & Savings Account ($325 bonus) | Truist Checking ($400 bonus) |
How To Earn Bonus
- Account must be opened with minimum deposit of $100
- A recurring direct deposit, to the new checking account, must be established within 60 days of opening the account, and meet the following criteria:
- Minimum of $500 total must be received within 60 days,
- Minimum of two deposits from the same source within 60 days, and
- Must be new funds to the credit union
- Complete 10 or more debit card transactions within 60 days of opening account
- Maintain a positive balance for 60 days
- $100 Bonus Deposit is considered interest and will be reported on IRS Form 1099-INT.
- If requirements are met, $100 Bonus Deposit will be deposited after 60 days.
- Offer available for new checking accounts only, not available to members who have had a checking account previously.
- Offer may be withdrawn at any time without notice.
- Must have share savings to be eligible.
How To Avoid Monthly Fees
- Checking Account: None
- MSCU Business Checking: None listed
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Conclusion
If you live near a Members Source Credit Union location, you have the chance to earn a $100 checking bonus. There are a vast array of promotions from Members Source Credit Union, that’s why we aim to provide the best and most up to date bank bonuses currently available!
Feel free to comment on this post with any questions you may have about Members Source Credit Union, their accounts they offer, or any experiences you have had!
Check back often for more Bonuses, Promotions, or Offers!
