Find an updated list of Downeast Credit Union promotions, bonuses, and offers here.
Currently, they are offering a $100 bonus when you open a checking account with qualifying activity.
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About Downeast Credit Union Promotions
Down East Credit Union is headquartered in Baileyville and is the 15th largest credit union in the state of Maine. It is also the 1,070th largest credit union in the nation. It was established in 1941 and as of September of 2022, it had grown to 90 employees and 22,502 members at 8 locations. Down East Credit Union has an A health rating.
|Eligibility: Down East Credit Union of Maine is open to the residents, registered students, church members, and people maintaining employment in these Maine Counties: Hancock, Kennebec, Knox, Lincoln, Penobscot, Sagadahoc, Waldo and Washington along with the Cumberland County towns of Brunswick and Harpswell. Membership eligibility is also extended to include the family members of current credit union members. See current membership details|
I will be reviewing Downeast Credit Union promotions below.
Downeast Credit Union $100 Checking Bonus
- What you’ll get: $100 bonus
- Account Type: Checking
- Availability: ME (Bank Locator)
- Direct Deposit Requirement: Yes
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- ChexSystems: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: $0-$6.95
- Early Account Termination fee: Bonus revoked if closed within 6 months
- Household Limit: Not listed
(Limited time offer)
|For more advanced features in a checking account, compare this offer to BMO Harris PremierTM Account ($350 Bonus), U.S. Bank SmartlyTM Checking ($600 bonus), TD Bank Beyond Checking ($300 Bonus), HSBC Bank Premier Checking ($500 Bonus), Chase Private Client ($2,000 Bonus), and Citigold® Checking Account (Up to $2000 Cash Bonus).|
How To Earn Bonus
- Open a new DECU checking account (subject to approval);
- Enroll in eStatements; and
- Have your direct deposits totaling at least $500/month made into this account within 60 calendar days of the checking account opening date.
- Offer available to members in good standing.
- You can receive only one new checking account opening related bonus every two years from the last bonus enrollment date and only one bonus per account.
- Bonus offer is good for one-time use.
- To receive the bonus: 1) Open a new DECU checking account (subject to approval); 2) Enroll in eStatements; and 3) Have your direct deposits totaling at least $500/month made into this account within 60 calendar days of the checking account opening date.
- After you have completed all the above requirements and the qualifying direct deposits have posted to your account, DECU will deposit the bonus into your new account within 60 days.
- To receive this bonus, the enrolled account must not be closed, negative or restricted at the time of payout.
- No minimum balance required to earn bonus; only $20 required to open a checking and $5 to open a share savings to become a member.
- Bonus is considered interest and will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable).
- Account Closing: If the checking account is closed by the customer or DECU within six months after coupon enrollment, we will deduct the bonus amount at closing.
- Simple Checking does not pay an annual percentage yield; Secure Checking earns a 0.05% annual percentage yield and may change at any time.
- Fees could reduce the earnings on these accounts.
How To Waive Monthly Fees
- Secure Checking: monthly service fee $6.95
- Simple Checking: No Monthly Service Fee
- Free4ME Checking: No Monthly fee
- Business Checking: Monthly Service Fee $2.95 waived when ONE of the following requirements are met:
- At least one qualifying direct deposit of $500 or more in month (statement period);
- or maintain a minimum combined daily average balance of $500;
- or enrolled in eStatements
Downeast Credit Union is offering a generous bonus when you meet all the requirements above.
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