If you're in California and looking for a straightforward way to pad your wallet, La Loma Federal Credit Union has a sweet deal. Open a new checking account, and they'll hand you $225 cash after you meet a simple direct deposit requirement. No monthly fees, no hidden catches—just free money for banking like you normally would.
Who Can Join?
La Loma Federal Credit Union isn't open to everyone—you need to be part of a specific group. Eligibility includes employees of Loma Linda University, Loma Linda University Medical Center, La Sierra University, the Southeastern California Conference of Seventh-Day Adventists, members of Seventh-day Adventist churches in that conference, or the California Consumer Council. If you're not sure, check their membership page or give them a call.
How to Snag Your $225
The process is pretty painless. First, open a new checking account—there's no monthly fee, so you won't lose money just by having it. Then, within 60 days, make sure you have at least $2,500 in qualifying direct deposits. That could be your paycheck, a pension, or other regular electronic deposits. Once that's done, the $225 bonus lands in your account. Oh, and if you refer a friend who also opens an account and meets the deposit requirement, you get an extra $50 per referral.
Things to Keep in Mind
This is a limited-time offer that expires on April 30, 2026, so don't drag your feet. Also, only one bonus per member, so you can't open multiple accounts to double dip. Make sure your deposits are truly "qualifying direct deposits"—things like ACH transfers from another bank you own might not count. When in doubt, ask the credit union before you set it up.
- Bonus expires April 30, 2026.
- Limit one bonus per member.
- Only qualifying direct deposits count—check with the credit union if you're unsure.
- No monthly fees, but be aware of any early closure penalties (not listed, but always ask).
Bottom Line
- Open a new checking account and deposit $2,500 via direct deposit within 60 days to earn $225.
- Offer is for eligible California residents only—check membership requirements.
- No monthly fees, and you can also earn $50 per referral.
- Expires April 30, 2026—act before then.
Common Questions
Can I get the bonus if I already have an account with La Loma FCU?
The offer is for new checking accounts only. If you already have one, you likely won't qualify, but you can refer a friend and earn $50.
What counts as a qualifying direct deposit?
Typically, payroll, pension, or government benefits. Transfers from other accounts you own may not qualify. Contact the credit union to confirm.
Is there a minimum balance requirement?
The terms don't mention one, but you'll need to maintain the account to keep the bonus. There are no monthly fees, so it's easy to leave a small balance.
Comments (0)
No comments yet. Be the first to share your thoughts!
Leave a Comment