Score $300 with The Police Credit Union Checking Bonus – Here’s How

If you live in California and work in law enforcement, fire, EMT, or the courts, there's a nice little bonus waiting for you. The Police Credit Union is offering a $300 cash bonus for new members who open a checking account and meet a few simple requirements. And the best part? You don't need to jump through hoops—just set up direct deposit and the money is yours.

Who Can Join? It’s Not Just for Police

Despite the name, The Police Credit Union is open to a broader group than you might think. Eligibility extends to all law enforcement personnel, but also to firefighters, EMTs, court employees, civilian co-workers, and volunteers—as long as you're in California. So if you work in public safety or support those who do, you're likely eligible.

Membership is a one-time thing, so once you're in, you're in. That means you can take advantage of future promotions too.

How to Snag the $300 Bonus

The process is pretty straightforward. First, you'll need to become a member and open a new TPCU Checking account. You have 90 days from your join date to open the account. Then, within 90 days of opening the checking account, you must deposit at least $1,000 in qualifying direct deposits each month. You can split it into two deposits of $500 each—that works too.

Qualifying direct deposits include your regular paycheck, pension, or Social Security benefits. Transfers from other accounts or cash deposits won't count, so make sure your employer or payer sets it up properly.

Once you've met the $1,000 monthly direct deposit requirement, the bonus will be deposited into your new checking account within 60 business days. That's about three months, so be patient.

What to Watch Out For

A few things to keep in mind. First, there's no monthly fee on this checking account, which is great. But the minimum deposit to open is $25, so you'll need that upfront.

Also, the bonus is taxable. The credit union will report it as interest income on a 1099-INT, so set aside some cash for tax time.

Finally, make sure you understand what counts as a direct deposit. Some employers may label certain payments differently, so double-check with your payroll department if you're unsure.

• No monthly maintenance fees
• Bonus may take up to 60 business days to post
• Direct deposit must be from employer, pension, or government benefits

Bottom Line

• Eligibility is broader than just police—fire, EMT, court staff, and civilian coworkers in CA can join.
• You need $1,000 in monthly direct deposits within 90 days of opening the account.
• Bonus is $300 and posts within 60 business days after meeting requirements.
• No monthly fees, but the $25 minimum deposit is required to open.

Common Questions