Let us pay you to save. For a limited time, you can earn up to a $1,000 cash bonus. Simply deposit qualifying funds to your accounts and maintain your balances for 90 days from date of enrollment1 to unlock your cash bonus. The more you deposit, the more you earn. Enroll today.
How it works:
using the form below.
balances for 90 days from enrollment.
a cash bonus.
|New Money Bonus Tiers||Cash Bonus|
|$25,000 - $49,999||$100|
|$50,000 - $99,999||$200|
|$100,000 - $224,999||$400|
|$225,000 - $349,999||$600|
|$350,000 - $499,999||$800|
Start Earning More on Your Money
Named by Forbes as one of America's Best-In-State Credit Unions in 20224, Teachers offers great rates and innovative products and solutions.
Enroll today to get started and make your money work for you.
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1New Money Offer: Earn up to a $1,000 cash bonus. This offer is for new and existing members. Cash bonuses are earned based on a tiered payout structure and determined by the amount you grow your deposit account balances through new money deposits over a 90-calendar-day period (“Tracking Period”).
The process to enroll and qualify for the new money offer is as follows:
You can enroll at a branch, through our call center, or by phone/video appointment. You can also enroll through online account opening by entering offer code NM2023 or by completing the enrollment form above or via Online Banking.
Your total combined deposit balances as of the end of the calendar day prior to your enrollment date will serve as the Starting Balance.2
You will have 14 calendar days post enrollment to deposit new money and increase your deposit balances.
After the 14-calendar-day period, the Tracking Period begins where combined balances across all deposit products will be tracked for the offer.
After the Tracking Period ends, the cash bonus will be determined by calculating the difference between the Starting Balance and the Average Daily Balance3 of your combined end-of-day deposit balances throughout the Tracking Period.
If the difference between the balances results in positive growth of at least $25,000, you will earn a cash bonus as outlined in the payout tiers below.
New Money Bonus Tiers
|New Money Bonus Tiers||Cash Bonus|
|$0 - $24,999.99||No Cash Bonus Earned|
|$25,000 - $49,999.99||$100|
|$50,000 - $99,999.99||$200|
|$100,000 - $224,999.99||$400|
|$225,000 - $349,999.99||$600|
|$350,000 - $499,999.99||$800|
Additional Program Guidelines/Restrictions: Enrollment must occur between 05/10/2023 and 07/01/2023 (“Promotion Period”). A new account is not required. All deposit accounts in which you have primary or joint ownership will be included in the Starting Balance and the final Average Daily Balance totals. All new deposit balances may only be considered towards the requirements for one qualified enrollment/offer. Balances from Savings and Certificate Secured Loans, Teachers Investment Services, internal transfers or funds that originate from a Teachers account are not eligible. All enrollments are subject to approval. You must enter offer code NM2023 when enrolling through online account opening. Enrollments may also be submitted by completing an enrollment form via Online Banking where applicable. The cash bonus will be deposited to your primary Regular Savings account up to 45 days after the Tracking Period ends. You must maintain a total combined deposit balance of greater than or equal to $0.00 and be in good standing at the time of payout to receive the cash bonus. These offers are limited to one per primary member. Teachers employees are not eligible. Eligible members may combine this offer only with the Refer-a-Friend program. Teachers Federal Credit Union reserves the right to modify or discontinue this offer at any time. We also reserve the right to rescind any cash bonus paid if there is a violation of the terms, requirements and/or promotional guidelines of these offers. The cash bonus earned will be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). Membership at Teachers is required by opening a minimum $1.00 Regular Savings account.
2Starting Balance is the total amount of primary or jointly-owned combined deposit balances as of the end of the calendar day prior to your enrollment date.
3Average Daily Balance is calculated by adding the end-of-day combined deposit balances each day during the Tracking Period and dividing that total by the number of days in the Tracking Period.
4Teachers was chosen by Forbes as one of America’s Best-In-State Credit Unions in 2022 for its outstanding member experience, digital solutions, branch services, and financial advice.