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Personal Bank Account

Forest Area Federal Credit Union

Bonus

$300

APY

8.00%

Monthly Fee

None

To Qualify

$100 Direct Deposit + 10 Transactions

Availability

MI

Expires

10/31/2026

View Offer

Bonus Details

Earn up to $300: $50 for opening and funding Regular Share, $50 for opening Superior Checking, and $200 for meeting the qualifying monthly requirements within 60 days after checking opening. Opening rewards arrive the next calendar month; the $200 arrives the calendar month after the 60-day period, following verification.

How To Qualify

Submit an approved referral card or online form before or at membership opening. Open Regular Share with $10 and maintain that balance; open Superior Checking with no minimum deposit. In at least one qualifying monthly cycle within 60 days after checking opening, complete 10 debit-card transactions, sign in to online banking four times, receive a direct deposit of at least $100, and enroll in e-statements.

APY Details

Promotional 8% APY on balances up to $15,000 from September 1 through December 31, 2026, including existing Superior Checking accounts. The stated standard APY is 5.12%. Balances above $15,000 earn no dividends. Rates are variable; dividends are paid monthly.

APY Requirements

Each qualifying month, complete at least 10 debit-card transactions, sign in to online banking at least four times, receive a direct deposit of at least $100, and enroll in e-statements. No monthly dividend is paid if these requirements are not met; there is no penalty for missing them.

The Fine Print

Monthly Fees
None
Account Type
Personal Bank Account
Promotion Start Date
9/1/2026
Expiration Date
10/31/2026
Additional Requirements
Must be 18 or older, eligible for membership, and not have been a member in the preceding six months. Your referrer must be an existing member age 18 or older, in good standing, whom you personally know. Keep accounts and membership open and in good standing through payment. Cannot combine with another account-opening offer.
Availability
Michigan

Membership requires living, working, worshipping, or attending school in these Michigan counties: Alcona, Alpena, Antrim, Arenac, Benzie, Charlevoix, Cheboygan, Chippewa, Clare, Crawford, Emmet, Gladwin, Grand Traverse, Iosco, Kalkaska, Lake, Leelanau, Mackinac, Manistee, Mason, Missaukee, Montmorency, Ogemaw, Osceola, Oscoda, Otsego, Presque Isle, Roscommon, or Wexford.

Official offer terms

Source wording for the promotion. View official source Recorded Invalid Date.

The Promotion begins at 12AM EDT on 9/1/2026 and ends at 11:59 PM EDT on 10/31/2026 (the "Promotion Period"). Who May Participate The referring member must be at least 18 years of age, and an existing FAFCU member in good standing when the referral is submitted and when the referral reward is paid. The referred person must be at least 18 years or older, eligible for FAFCU membership, and must not have been an FAFCU member during the six months immediately preceding the referral. *The field of membership shall be limited to having the following common bond: Persons who live, work, worship, or attend school in, as well as businesses and other legal entities located in the following counties: Alcona, Alpena, Antrim, Arenac, Benzie, Charlevoix, Cheboygan, Chippewa, Clare, Crawford, Emmet, Gladwin, Grand Traverse, Iosco, Kalkaska, Lake, Leelanau, Mackinac, Manistee, Mason, Missaukee, Montmorency, Ogemaw, Osceola, Oscoda, Otsego, Presque Isle, Roscommon, or Wexford Counties, Michigan. How a Referral Is Credited The referral must be submitted through an approved FAFCU referral card or online referral form before or at the time the referred person opens the new membership. A referral cannot be added after account opening. Maximum aggregate new member reward limit: $300. The reward structure: Participant Requirement Reward Referring member Qualified referral $50 New member New member w/ Regular Share acct $50 New member Opens Superior Checking account $50 New member Completes additional qualification $200 + promotional APY Existing members may earn $50 for each qualifying referral, with no stated referral cap, subject to these Terms. A $10 minimum opening deposit and $10 minimum balance are required to establish and maintain membership. Superior Checking Account. No minimum opening deposit is required. To earn the additional $200 reward, the new member must achieve Qualified Dividend Status for at least one qualifying monthly cycle during the first 60 days after the Superior Checking Account is opened. Qualified Dividend Status: To qualify, members must complete ALL of the following requirements. Complete at least 10 debit card transactions Sign on to online banking at least 4 times Have a direct deposit of at least $100 Be enrolled in e-statements Annual Percentage Yield and Minimum-Balance Disclosures Regular Share Account: $10 minimum opening deposit and balance. Superior Checking Account: 5.12% APY*, (or) 8% PROMOTIONAL APY* during promotional dates of 9/1/2026-12/31/2026, no minimum opening deposit, $15,000 maximum balance to earn dividends. Dividends paid out monthly. APYs are variable and may change after account opening. Fees may reduce earnings. The applicable FAFCU accounts and memberships must remain open and in good standing through the reward payment date. Promotion Participants must be natural persons with whom the member has at least a passing acquaintance. Right to Cancel, Modify or Terminate Promotion rewards cannot be combined with any other account opening offer.

Disclosure

Membership eligibility required. Federally insured by NCUA. Limited-time promotional offer available from September 1, 2026 through October 31, 2026. All accounts are subject to the Membership and Account Agreement, Truth-in-Savings Disclosure, applicable account disclosures, and Fee Schedule. Cash bonuses and referral incentives may constitute taxable income and may be reported to the IRS.

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