Grow Financial Federal Credit Union

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Earn $300 to help you do more

Open a checking account and set up direct deposit with online and mobile banking.1 Then receive two $500 direct deposits within 90 days of opening.2

Take a look at our checking accounts

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Grow CashBack Checking

This checking account pays you! You’ll earn an extra 5 cents with every qualifying swipe of your Grow Visa® debit card.3

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Grow Checkless Checking

With this simple, no-cost checking account, you’ll forgo the paper checks, manage all your money digitally, and enjoy completely fee-free checking.4

 

New to Grow?
Open An Account Here

Already a Member?
Open An Account in Online Banking

 

Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: when you open an account we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

Here’s How It Works

Step 1

Open either a Basic Savings + CashBack Checking account or a Basic Savings + Checkless Checking account (existing Grow members already have a Basic Savings account and will only need to open a checking account).

Decide on a selection

Step 2

Set up direct deposit with online and mobile banking.

Fill out an application

Step 3

Make plans for your money. And once you’ve received two $500 direct deposits within 90 days, we’ll add the extra $300 to your account — easy as that.

New to Grow?
Open An Account Here

Already a Member?
Open An Account in Online Banking

Start making purchases

About Grow

Whether it’s people, communities, money or dreams, we exist to make things grow. That’s because Grow Financial is a not-for-profit federal credit union, dedicated to working towards the collective benefit of our members — not the profit of corporate stockholders.

 

1Additional data charges may apply. Please see your wireless carrier for more information.

2New Member
$300.00 bonus offer open to primary members 18 years of age or older, opening a new checking account. The primary member must not have an existing or previously closed checking account with Grow Financial Federal Credit Union (“Grow”). Limit of one (1) $300.00 bonus offer per primary member. Accounts are subject to approval. To obtain membership, applicants must meet the eligibility criteria and open a Basic Savings Account with a minimum deposit of $1. Offer requires two (2) newly established qualified direct deposit(s) totaling $500 each within ninety (90) days of opening a checking account, totaling a minimum of $1,000. To qualify for the bonus, direct deposits must be received in the newly opened checking account. Additionally, Grow Online Banking and mobile banking must be set up within 90 days of opening the checking account.

A qualifying direct deposit is a recurring direct deposit of a paycheck, pension, social security, or other regular monthly income electronically deposited into a checking account. Examples of non-qualifying transfers and deposits include the following: teller deposits, wire transfers, debit card transfers, ATM transfers or deposits, Online and Mobile Banking transfers or deposits, person-to-person payments, cash advance, transfers from a financial institution or brokerage account, or other electronic deposits. The bonus will be credited to the account within ninety (90) days of satisfying the minimum direct deposit requirement and Grow Online Banking registration. All accounts must be in good standing to receive the bonus. Bonuses are considered interest and will be reported on IRS Form 1099-INT.

Grow reserves the right to end or change the terms of this offer at any time prior to you accepting the offer, without notice.

Existing Member
$300.00 bonus offer open to primary members 18 years of age or older, opening a new checking account. To qualify, the primary member must not have an existing or previously closed checking account at Grow Financial Federal Credit Union (“Grow”). Limit of one (1) $300.00 bonus offer per primary member. Accounts are subject to approval. Offer requires two (2) newly established qualified direct deposit(s) totaling $500 each within ninety (90) days of opening the checking account, totaling a minimum of $1,000. To qualify for the bonus, direct deposits must be received in the newly opened checking account. Additionally, Grow Online Banking and mobile banking must be set up within 90 days of opening the checking account.

A qualifying direct deposit is a recurring direct deposit of a paycheck, pension, social security, or other regular monthly income electronically deposited into a checking account. Examples of non-qualifying transfers and deposits include the following: teller deposits, wire transfers, debit card transfers, ATM transfers or deposits, Online and Mobile Banking transfers or deposits, person-to-person payments, cash advance, transfers from a financial institution or brokerage account, or other electronic deposits. The bonus will be credited within ninety (90) days of satisfying minimum direct deposit requirement and Grow Online Banking registration. All accounts must be in good standing to receive the bonus. Bonuses are considered interest and will be reported on IRS Form 1099-INT.

Grow reserves the right to end or change the terms of this offer at any time prior to you accepting the offer, without notice.

3Grow CashBack Checking is a variable rate account. You will earn a cashback bonus of $0.05 per qualifying Grow Visa debit card transaction. Qualified debit card transactions include signature or PIN-based point-of-sale purchases, bill payments made with your Grow Visa debit card, and online purchases. Excludes ATM withdrawals, deposits and transfers. We will deposit your cashback bonus earnings on the last day of the month. Fees could reduce earnings on the account.

4You cannot use paper checks on this account. Any check written will be returned unpaid, even if you have sufficient money in your account. Our Bill Pay service may issue a paper check for payees who cannot receive electric checks.