Community First Credit Union stands out as a financial institution committed to serving its members with a variety of bonuses and services. With its headquarters in Jacksonville, Florida, and a legacy that dates back to 1961, the credit union has grown to include 20 locations across the state.
See: Onemain Financial Brightway Credit Card Reviews
Key Takeaways
- Community First Credit Union offers lucrative checking account bonuses and business checking bonuses, with specific requirements for eligibility.
- Members can benefit from referral bonuses by inviting new members, and the credit union provides competitive rates for CDs and savings accounts.
- A comprehensive range of member services and rewards, including loans, mortgage services, credit cards, student services, and eServices, enhances the banking experience.
1. Checking Account Bonuses
Community First Credit Union offers a $200 Bonus for new checking accounts, a competitive promotion in today’s market. This limited time offer is an excellent opportunity for individuals looking to maximize their financial benefits when opening a new account.
To qualify for the bonus, account holders must:
- Open the account online within a specified promotional period.
- Enroll in additional programs such as the Save My Change Program to receive an extra $25.
- Establish a cumulative direct deposit of at least $1,000 within the first 90 days.
The checking account bonus at Community First Credit Union not only provides immediate financial incentives but also encourages long-term savings habits through the Save My Change Program.
Comparing this offer to other institutions, such as U.S. Bank Smartly Checking and Chase Total Checking, reveals that Community First Credit Union’s bonus is quite competitive. It’s important for potential customers to review the terms and conditions to ensure they can meet the requirements and reap the full benefits of the offer.
2. Business Checking Bonus
Community First Credit Union offers a competitive edge for business owners with its Business Checking Bonus. Earn up to a $200 bonus when opening a new business checking account, making it an attractive option compared to other institutions.
- $200 account credit for a new Connections Business Checking account.
- $100 account credit for a Premier Business Checking account.
- $50 account credit for a Classic Business Checking account.
The bonus is available to Florida residents and does not require a direct deposit. However, it’s important to note that while there is no early account termination fee, monthly fees range from $5.95 to $19.95 but can be waived under certain conditions.
The offer is a limited time opportunity, providing a substantial incentive for businesses to consider switching or starting their banking relationship with Community First Credit Union.
3. Referral Bonus
Community First Credit Union offers a referral bonus program that rewards both the referrer and the new member. Each successful referral can earn you and your friend $25 each. To participate, existing members must have a Bonus Debit or Advantage Checking Account.
To earn the bonus, follow these steps:
- Complete the referral form available through the credit union’s website.
- Your friend will receive an email invitation to join the credit union and open a checking account.
- Once your friend’s account is open and they enroll in the Save My Change Program, both of you will receive the $25 bonus.
Note that there is a limit of five referrals per member annually, and certain restrictions apply. The bonus is credited when the new checking account is mentioned with your referral. It’s advisable to consult a tax advisor regarding any tax implications.
The referral bonus is an excellent way to benefit from sharing the value of Community First Credit Union with friends and family. It’s a simple process that can lead to mutual financial rewards.
4. CD and Savings Account Rates
Community First Credit Union is known for offering competitive rates on CDs and savings accounts, which can be a solid choice for members looking to grow their savings. Balances falling below $7,500 earn a rate and APY of 1.00%, and incur a $15 monthly service charge. Active checking is defined as having 4 or more transactions per month.
The credit union’s tiered savings structure incentivizes maintaining higher account balances to maximize returns. It’s important for members to be aware of the balance requirements to avoid service charges and to benefit from the best possible rates.
Below is a summary of the CD rates offered by Community First Credit Union:
- 6-Month CD: Competitive rates for short-term savings
- 1-Year CD: A balance between decent returns and accessibility
- 3-Year CD: Higher rates for longer-term commitments
- 5-Year CD: Maximum returns for long-term savers
Members should consider their financial goals and the time horizon for their investments when choosing between these options.
5. Member Services and Rewards
When considering the 5 Things to Know About Community First Credit Union, the array of member services and rewards stands out as a testament to their commitment to customer satisfaction. Community First offers a variety of services tailored to meet the needs of their diverse membership base, from convenient everyday banking to more specialized financial resources.
The credit union provides a range of convenient services such as Surcharge Free ATMs, Direct Dial 24, and International Wire Transfers, ensuring that members can manage their finances with ease. Additionally, Community First Credit Union places a strong emphasis on educational resources, offering tools like Pocketnest for financial planning and a variety of scholarships to support members in their educational pursuits.
Community First Credit Union is dedicated to not only providing exceptional financial products but also fostering a supportive environment where members can thrive.
Member Reward Clubs and various loan services, including options for young adults and students, are also part of the extensive offerings. The credit union’s digital services, such as eBanking and Mobile Banking, cater to the needs of members who prefer online and on-the-go banking solutions. For those interested in investment and insurance services, Community First has partnerships that provide access to these products at competitive rates.
Community First Credit Union Login
Visit the Login Page
To begin, open your preferred web browser and navigate to the Community First Credit Union login page. You can access this page directly by clicking on the following link: Community First Credit Union Login.
Enter Your User ID
Once you’re on the login page, you’ll see a section labeled ‘User ID.’ This is where you’ll enter the unique User ID that was provided to you when you first enrolled for online banking with Community First Credit Union. Type your User ID into the designated field.
Provide Your Password
Below the User ID field, you’ll find the ‘Password’ section. Carefully enter your password into this field. Ensure that you enter it correctly to avoid any login issues.
Click on ‘Login’
After entering your User ID and password, double-check to make sure the information is correct. Once you’re confident that everything is accurate, click on the ‘Login’ button to proceed.
Security Measures
For enhanced security, Community First Credit Union may prompt you to complete additional verification steps, such as answering security questions or entering a one-time passcode sent to your registered email or mobile phone number. Follow the on-screen instructions to complete any necessary security checks.
Access Your Account
If you’ve followed the steps correctly, you should now be logged into your Community First Credit Union account. You’ll be able to view your account balances, transfer funds, pay bills, and take advantage of other online banking features offered by the credit union.
Frequently Asked Questions
How can I earn the checking account bonus at Community First Credit Union?
To earn the checking account bonus, you typically need to open a new checking account, complete deposits totaling a specific amount within the first 90 days, and make a certain number of qualifying debit card transactions within the same timeframe.
Are there any offers for business checking accounts?
Yes, Community First Credit Union often provides promotions for business checking accounts. You might need to meet certain criteria such as maintaining a minimum balance or completing qualifying transactions to earn the bonus.
What are the benefits of referring someone to Community First Credit Union?
Referring someone to Community First Credit Union can earn you a referral bonus. The referred individual usually needs to open an account and meet specific requirements for both the referrer and the referred to receive a bonus.