Read on to learn more about State Employees Credit Union promotions, bonuses and offers here.
Update 6/16/25: The $350 checking offer has been extended through 12/31/25 and you can earn a $50 bonus for each person you refer to open a new account.
Membership: Available nationwide, you can join with over 1900 ways or one-time donation to SECU MD Foundation.
About State Employees Credit Union Promotions
Established in 1951, State Employees Credit Union has been serving the communities of Baltimore to provide them with financial tools to help their members manage their money.
I’ll review the offers below.
State Employees Credit Union $350 Checking Bonus
- What you’ll get: $350 Bonus
- Account Type: Total Checking & Rewards account
- Availability: Nationwide. Join SECU with a $10 donation to SECU MD Foundation (Bank Locator)
- Direct Deposit Requirement: Yes (see what works)
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: Up to $200
- Monthly Fee: None
- Early Account Termination Fee: None
- Household Limit: None
(Expires 12/31/2025)
| BMO Smart Money Checking ($400 cash bonus*) | BMO Smart Advantage Checking ($400 cash bonus*) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Join SECU and open a checking account during the promo period;
- Within 90 days of opening checking: Set up e-statements and have at least 2 separate qualifying payroll Direct Deposits post to your checking account.
- $350 offer valid from 11/1/24 – 12/31/25 for NEW SECU members only.
- Must open a new SECU Total™ Checking & Rewards account and meet the following criteria:
- New SECU Members: 1) Join SECU and open a checking account during the promo period; 2) Within 90 days of opening checking: Set up e-statements and have at least 2 separate qualifying payroll Direct Deposits post to your checking account.
- Existing members are not eligible for this offer.
- Members or former members who had a checking account in the last 24 months are not eligible for this offer.
- Offer is only available to Maryland residents or residents of surrounding states (DC, DE, PA, VA, WV).
- Residents of other states not listed are not eligible. Qualifying direct deposits include recurring electronic deposits of payroll, pension or Social Security and must be in your checking account.
- Person-to-person, bank transfers or other electronic money transfers, such as those made through Internet payment services, do not qualify.
- All criteria must be met within 90 days of opening checking.
- SECU will credit one cash bonus of $350 to the primary owner of the new SECU checking account within 60 days of meeting the requirements.
- Membership and accounts must be in good standing to receive the bonus.
- Promotional period and offer are subject to change at any time without notice.
- The promotional bonus is limited to one per member.
- If you received a bonus for a SECU checking promo in the last 24 months, you are not eligible for this offer.
- Advertised bonus cannot be combined with any other offer.
- Membership eligibility is required.
- Bonuses are considered miscellaneous income and may be reported as income to the IRS on Form 1099-MISC.
- SECU’s determination of offer eligibility is final.
- Federally insured by NCUA.
State Employees Credit Union $50 Referral Bonus
- What you’ll get: $50 Bonus, your friend gets $50 bonus.
- Account Type: Checking & Share Savings
- Availability: Nationwide. Join SECU with a $10 donation to SECU MD Foundation
- Direct Deposit Requirement: No
- Credit Inquiry: Soft Pull
- ChexSystems: Unknown
- Credit Card Funding: Up to $200
- Monthly Fee: None
- Early Account Termination Fee: None
- Household Limit: None
(Limited time offer)
| BMO Smart Money Checking ($400 cash bonus*) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | HSBC Premier Checking (Up to $3,000 Cash Bonus), |
How To Earn Bonus
HOW TO EARN BONUSFINE PRINT
- Complete and submit the short referral form.
- Your friend will receive an email invitation to set up their membership and open an account.
- After their new accounts are open, you will each receive $50.
- The referred person must open a membership with SECU via a share savings account and open at least one additional account within 60 days of the referral date. The referred new member’s accounts must remain open for at least 60 days. Be sure to use the email address and correct name spelling that the new member will use to establish membership when submitting the referral form.
- Bonuses will be awarded via deposits to share savings accounts within 60 days of all criteria being met. In the event more than one member refers the same individual, we will award the bonus to the first member making the referral. Referred member must be new to SECU. Each member is limited to 10 referral bonuses per month. Learn more about our accounts.
- You must qualify for and establish membership at SECU and be of legal contract age to apply. All accounts are subject to our normal approval process. Members and accounts must be in good standing to receive bonuses. SECU rules and regulations apply. Members who have closed their SECU membership within three months prior to being referred are not eligible.
- Bonuses are considered interest and will be reported on IRS form 1099-INT. Fees can reduce earnings on the account. This offer is non-transferable and may be canceled without prior notice. We reserve the right to disqualify any referrals in circumstances where we reasonably believe they were not sent to us in good faith. SECU reserves the right to terminate the program at any time, revise program terms, or refuse bonuses upon our discretion. Ask us for details.
How To Waive Monthly Fees
- Total Checking & Rewards: None
- Bronze Checking: None
- Silver Checking: None
- Gold Checking: None
- Platinum Checking: None
- Free Business Checking: None
- Interest Earning Business Checking: $10 monthly fee
- Analyzed Business Checking: $10 monthly fee
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Bottom Line
State Employees Credit Union offers great bonuses with many account features such as online banking, mobile banking, and digital wallet.
If you are not located near a branch, you can see all nationwide bank bonuses for more suitable offers.
While they have a generous $200 bonus, State Employees Credit Union doesn’t have great rates for CDs and Savings. You may want to check out our full list of Bank Rates and CD Rates.
*Check back at this page for updated State Employees Credit Union promotions, bonuses and offers.
Availability: Nationwide. Join SECU with a $10 donation to SECU MD Foundation –> NOT Nationwide.
Offer is only available to Maryland residents and residents of surrounding states (DC, DE, PA, VA, WV), as well as University of Maryland College Park students. Residents of other states not listed are not eligible.
THE PHOTO IS OF A BRANCH OF SECU IN NORTH CAROLINA (STATE EMPLOYEES’ CREDIT UNION OF NC)
Note: No hard inquiries for these accounts!