FNB Coweta $150 Checking Bonus: Two Easy Paths, No Monthly Fee

If you're in the Coweta, Oklahoma area and looking for a simple bank bonus, FNB Coweta has a solid $150 offer that doesn't require a direct deposit if you don't want to go that route. You've got two ways to qualify, and neither is particularly painful. Plus, there's no monthly maintenance fee to chip away at your bonus. Let's break it down.

Two Ways to Earn the $150

The best part about this bonus is that you don't have to jump through hoops. You can pick whichever path fits your banking style.

Option 1: Set up direct deposits of at least $1,000 per month for three consecutive months. That's it. If you get a regular paycheck, this is probably the easiest route.

Option 2: If you'd rather not move your direct deposit, just open the account with $1,500 and keep it in good standing for 90 days. No direct deposit needed at all.

Either way, you'll get the same $150 bonus deposited into your account after the 90-day period is up.

What Counts as a Qualifying Direct Deposit?

Before you get too excited, make sure your deposits actually qualify. FNB Coweta only counts electronic deposits from an employer, pension, Social Security, or government benefits. So your regular paycheck is perfect, but transfers from another account you own, mobile check deposits, or cash deposits won't count toward the $1,000 monthly requirement.

This is pretty standard for bank bonuses, but it's worth double-checking if you're self-employed or rely on non-traditional income.

No Fees to Worry About

One of the best things about this offer is that there's no monthly maintenance fee on the checking account. That means you won't see your bonus slowly eaten away by service charges.

There's also no early account termination fee mentioned in the fee schedule. So if you decide to close the account after the bonus posts, you won't get hit with a penalty. Just make sure you keep it open long enough to satisfy the 90-day requirement.

That said, always read the fine print and confirm with the bank before making any assumptions.

How to Apply

You can't open this account entirely online. FNB Coweta's website has a short form you can fill out, and then a member of their new account team will reach out to help you open the account. You may need to visit their Main Bank at 106 South Broadway in Coweta to complete identity verification.

So if you're local, this is a no-brainer. If you're not in the area, you might want to skip this one unless you're willing to make the trip.

The Bottom Line

This is a straightforward bonus with flexible requirements and no monthly fees. If you live near Coweta, it's definitely worth doing. Just remember to keep the account open and in good standing until the bonus posts, and be prepared to pay taxes on the $150.

For a small community bank that's been around since 1903, this is a nice way to say thanks for your business.

Bottom Line

• Earn $150 with either $1,000/month direct deposits for 3 months or a $1,500 opening deposit.
• No monthly maintenance fee and no early termination fee.
• Bonus is taxable and will be reported to the IRS.
• Must be a new customer; not available to those who closed an account in the last 12 months.

Common Questions