FIG Credit Union (Farmers Insurance FCU)

FIG Credit Union (Farmers Insurance FCU) High Yield Checking

This bank doesn't currently have an active bonus. Here's its offer history.

$100Sep 28, 2026 – Sep 29, 2026Expired

The same $100 and $250 direct deposit bonus tiers moved to FIG CashBack Checking (promo code GCBCHECK) on 2026-09-29.

$250Sep 28, 2026 – Sep 29, 2026Expired

The same $100 and $250 direct deposit bonus tiers moved to FIG CashBack Checking (promo code GCBCHECK) on 2026-09-29.

What you can open instead

These banks are paying a bonus right now on the same kind of account.

Dedham Savings

Free & Easy Checking · Nationwide

$250 – $750

Verve, A Credit Union

Checking · Nationwide

$600

FourLeaf Federal Credit Union

Free Checking · Nationwide

$550

Direct Deposit Data Points 9

9 community reports across 6 transfer sources, showing what triggers a qualifying direct deposit at FIG Credit Union (Farmers Insurance FCU).

View all FIG Credit Union (Farmers Insurance FCU) direct deposit data points →

How long until the bonus posts? The most recent community reports average about 102 days. See 8 reports on Farmers Insurance Checking payout timelines →

Account Details

Monthly feeNo monthly fee

Fee waiver

No monthly fee. Doctor of Credit reports a $5 monthly inactivity fee.

Opening deposit$20

APY5%

Min. hold period90 days

You must remain a member at least 90 days for the bonus to be paid.

Credit inquiryThe bank does not publish this. Ask before you apply.

ChexSystemsThe bank does not publish whether it screens banking history. Ask before you apply.

AvailabilityNationwide

Eligibility

Minimum age18+

Existing customersNot eligible

New members only. Anyone who is or has ever been a FIGFCU member is not eligible, and the offer cannot be combined with referral or other new-member offers.

Other restrictions

Anyone who lives in the US can join free through the American Consumer Council, and Farmers employees, agents and relatives of members also qualify.
Open the checking account within 10 days of joining.

Can You Earn This Bonus Again?

Can rechurnNo

NotesOnce-per-lifetime: former members are not eligible.

What is a hold period?

The minimum time you must keep your balance in an account before the bonus is paid out.

Read →

What is APY (Annual Percentage Yield)?

The annual interest rate on a savings account, expressed as a percentage of your balance with compounding included. On savings accounts we track, APYs currently range from 0.01% at big traditional banks to 4.25% at the best online accounts.