Find the latest First Federal Bank promotions, offers, & bonuses here.
Right now, you can earn a $75 checking bonus when you open an account and meet the requirements.
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About First Federal Bank Promotions
First Federal Bank (FL) is headquartered in Lake City and is the 11th largest bank in the state of Florida. It is also the 349th largest bank in the nation. It was established in 1961 and as of December of 2021, it had grown to 773 employees at 27 locations. First Federal Bank (FL) has an A+ health rating.
First Federal Bank $75 Checking Bonus (Expired)
- What you’ll get: $75 bonus
- Account Type: Checking
- Availability: FL (Bank Locator)
- Direct Deposit Requirement: Yes, optional
- Credit Inquiry: Unknown
- ChexSystems: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: None
- Closing Account Fee: None listed
- Household Limit: None listed
(No Expiration Date Listed)
| You can compare this to several great entry level Checking accounts with bonus offers include the Citi Priority Account (Up to $2000 Cash Bonus), Fifth Third Momentum® Checking ($250 bonus), Chase Total Checking® ($200 bonus), and SoFi Checking and Savings ($325 bonus). |
How To Earn Bonus
- To qualify for the $75 Essential Free Checking Account cash bonus (or $50 Essential Free Checking Account cash bonus when opened in branch), new personal Checking customers must open an Essential Free Checking Account online and must set-up a qualifying recurring payroll direct deposit of $250 or more into the new account.
- Person to person and bank transfers between your First Federal Bank account or accounts you have at other financial institutions or brokerages do not qualify.
- Once the criterion is met, the bonus will be credited to the new account no later than 120 days from the open date.
- Essential Free Checking: $25 to open.
- Available to people age 16-30.
- At age 31, account will convert to an Enhanced Checking Account.
- Checking Account Bonus: To qualify for the $75 Essential Free Checking Account cash bonus (or $50 Essential Free Checking Account cash bonus when opened in branch), new personal Checking customers must open an Essential Free Checking Account online and must set-up a qualifying recurring payroll direct deposit of $250 or more into the new account.
- Person to person and bank transfers between your First Federal Bank account or accounts you have at other financial institutions or brokerages do not qualify.
- Once the criterion is met, the bonus will be credited to the new account no later than 120 days from the open date.
- If the account is closed by the customer within 6 months after account opening, First Federal Bank reserves the right to deduct the bonus amount from that account at closing.
- uChoose Reward Points Bonus: Essential Free Checking Account must complete at least 60 transactions with connected First Federal Bank Debit Card within 90 days of account opening.
- Once the criterion is met, the reward points will be added to the uChoose Rewards profile linked to the new checking account no later than 120 days from the open date.
- Points may take up to 40 days to show in your uChoose Rewards account.
- Must be registered to redeem points.
- Cash back rewards may be subject to tax reporting.
- Offer subject to change at any time.
How To Waive Monthly Fees
- Essential Free Checking: $0
- Enhanced Checking: $9 per month
- Elite Checking: Maintain a $5,000 daily balance or $25,000 loan/deposit relationship to waive the $13 monthly service charge
- Essential Seniors Checking: $6 monthly fee
- Keep a $1,000 daily balance, save $4/month. Use eStatements, save $2/month.
- Enhanced Military Checking: $0
- Essential Business Checking: Keep a $1,500 daily balance or $15,000 loan relationship to waive the $8 monthly service charge. Use eStatements, save $2 per month
- Enhanced Business Checking: Keep a $3,000 daily balance or $30,000 loan relationship to waive the $16 monthly service charge. Use eStatements, save $2 per month
- Elite Business Checking: Service charge based on analysis
- Community Partners Checking: $0
- Enhanced Employee Advantage Checking: $9 per month
- If you use eStatements, save $2. If you use your debit card 20+ times a month, save $4.50. If you do both, save $6.50.
Bottom Line
For those of you who are looking for a new account, First Federal Bank is having a very easy sign up checking bonuses you can take advantage of.
If these offers aren’t of interest or you would like to view your options, see our list of the latest bank bonuses, CDs, & bank rates!
Compare First Federal Bank with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!
Pretty sure you need to print a coupon and bring it into a branch.
I set up an account for my wife in December and she called them yesterday and they told her they don’t do the bonus to online accounts anymore.
Make sure you read the fine print! I got charged for not doing a transaction in a statement cycle. I did, however, get the bonus paid twice, so no harm done.
I received my $75 bonus for 3 Bill Pay transactions within 30 days of meeting that requirement. Now I’m just waiting on the bonus for 10 debit transactions.
Note: their online banking system doesn’t seem to have the ability to initiate external transfers. If you need to electronically transfer money into or out of this account, you’ll have to initiate that from your other bank. They also charge a 50¢ fee for mobile check deposits into this account, in case you had thought to transfer funds that way.
Chatted with a representative. They said it’s not a hard pull but that they verify that there is no history of charged off accounts at other institutions (i.e. sounds like Soft Pull via ChexSystems).
Thank you for letting us know!