Let us pay you to save. Earn up to a $1,000 cash bonus.

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.

Enter code FALLNM23 when opening your account to enroll today!


How it works:



new money.

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
$500,000+ $1,000

Start earning more on your money

Become a member today to get started and make your money work for you.


Smart Checking

Earn 17x the national average4 with a Teachers Smart Checking account. Open a high-yield Smart Checking account that earns 3.00% APY5 on balances up to $15,000 and 0.10% APY on balances greater than $15,000 when you meet the qualifications.

Open an account and enter code FALLNM23 to enroll in this limited-time offer.

Learn More

open a Smart Checking Account



Teachers offers Certificate of Deposits (CDs) with competitive interest rates and flexible terms to help maximize your savings. With terms ranging from 3 to 60 months you can earn a higher interest rate and achieve your savings goals. 

Open an account and enter code FALLNM23 to enroll in this limited-time offer.

Learn More

Open A Certificates Account

Already a member?

Take advantage of this great offer and enroll today.

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 FALLNM23 or by completing an enrollment form 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
  $500,000+   $1,000


Additional Program Guidelines/Restrictions: Enrollment must occur between 11/01/2023 and 12/31/2023 (“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 FALLNM23 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. 

4Based on comparison of average of interest checking account rates at Credit Unions and Banks, accurate as of October 10, 2023. Average rates may change quarterly.

5APY = Annual Percentage Yield. Qualified APY of 3.00% is for balances up to $15,000.00 only. Balances $15,000.01 or above will receive an APY of 0.10%. APY accurate as of September 6, 2023. We will use the daily balance method to calculate the interest on your account. We may change the interest rate paid for products and services used and the annual percentage yield at the Credit Union’s discretion at any time without notice. Fees may reduce earnings. You will earn the qualified APY and ATM rebate benefits when you do at least one of the following each monthly statement cycle: Option #1: Maintain an average monthly balance of at least $5,000.00 in the Smart Checking account OR Option #2: Have $20,000.00 in combined end of month deposit balances OR Option #3: Maintain direct deposits of at least $500.00 per month AND complete 10 debit card purchases. The average monthly balance is calculated by adding the closing balance at the end of each day and dividing it by the number of calendar days in a given statement cycle. Combined month-end deposit balances represent the total amount of balances in all applicable deposit accounts at the end of a statement cycle. Qualifying direct deposits include payroll or government benefits. Transactions that will not count towards direct deposits include external transfers, point of sale credits, and in-person check or cash deposits. Direct deposits and debit card purchases must post and clear the account during the statement cycle. Limited to one product per primary owner. Members must enroll in Online Banking and eStatements in order to remain eligible. If you do not meet the requirements for a qualification period, you will earn interest and receive the ATM fee rebates for the current statement cycle but you will not earn interest or receive ATM fee rebates for the next statement cycle. You must requalify to earn interest and receive benefits. You will begin earning interest and receiving ATM fee rebates the statement cycle after you requalify. Non-Teachers FCU and out-of-network fees charged at U.S. ATMs will be refunded up to $15 per month. Eligible ATM fees will be credited at the end of the statement cycle to the Smart Checking account that incurred the fee(s). Members cannot be enrolled in the Educated Choice program and have a Smart Checking account. We reserve the right to modify or change this agreement at any time. Dividends earned will be reported as interest on IRS Form 1099-INT (or Form 1042-S, if applicable). Federally insured by NCUA. For more information, please see a Teachers representative or call 1-800-341-4333.