Do I need a direct deposit for the First Commonwealth Bank bonus?

No. The $200 tier only requires 10 or more qualifying debit card purchases within 60 days. The $400 tier adds $2,000 in cumulative deposits within 60 days on a Hometown Checking Plus or Premium account.

Can I open the account online?

Online opening is available to residents of Pennsylvania, Ohio, and select Kentucky zip codes. Indiana, West Virginia, and other Kentucky residents need to open in a branch or by phone. Use promo code FCB400 at opening.

Does First Commonwealth Bank do a hard credit pull to open a Hometown Checking?

Yes. First Commonwealth Bank does a hard credit pull when you apply, which may have a minor temporary impact on your credit score.

Is the First Commonwealth Bank Hometown Checking bonus available nationwide?

No. This offer is limited to residents of select states: PA, OH, IN, KY, WV.

Is the First Commonwealth Bank Hometown Checking bonus taxable?

Yes. Bank account bonuses are considered taxable income by the IRS. First Commonwealth Bank will send a 1099-INT form if your bonus is $10 or more.

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First Commonwealth Bank

First Commonwealth Bank Hometown Checking $200 – $400 Bonus

First Commonwealth Bank pays you $200 when you open any new personal checking account and make 10 or more debit card purchases within 60 days, or $400 when you open a Hometown Checking Plus or Premium account, make 10 debit card purchases, and complete $2,000 in cumulative deposits within 60 days. Use promo code FCB400. Available in PA, OH, IN, KY, and WV, with online opening for PA, OH, and select KY zip codes.

Bonus range: $200 – $400
Expires: Jul 31, 2026
Time to complete: ~60 days
Bonus deposited in: ~45 days
Difficulty: Easy

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Requirements

Last verified: Jul 18, 2026

$200 Tier

Open an account
Open any new First Commonwealth Bank personal checking account (excludes Health Savings Accounts) using promo code FCB400 by July 31, 2026.
Make 10 debit card purchases
Complete 10 or more qualifying debit card purchases that post and clear the account within 60 days of account opening.

$400 Tier

Open an account
Open a new First Commonwealth Bank Hometown Checking Plus or Hometown Checking Premium account using promo code FCB400 by July 31, 2026.
Make 10 debit card purchases
Complete 10 or more qualifying debit card purchases that post and clear the account within 60 days of account opening.
Complete $2,000 in deposits
Complete $2,000 or more in cumulative qualifying deposits within 60 days of account opening (new-to-First-Commonwealth funds).

The promotional credit is deposited into active accounts on the bank's reward schedule and may be reported on IRS Form 1099.

Account Details

Monthly feeNo monthly fee

Opening deposit$50

Min. hold period60 days

Complete the qualifying debit card purchases (and deposits for the $400 tier) within 60 days of opening.

Credit inquiryHard pull

ChexSystemsYes. May deny applicants with negative banking history.

AvailabilitySelect states (PA, OH, IN, KY, WV)

Eligibility

Minimum age18+

Existing customersNot eligible

Not eligible if any account owner had an existing First Commonwealth Bank personal checking account opened prior to this one, or was paid a First Commonwealth promotional credit using a promo code in the past 12 months.

Other restrictions

Available to customers residing in First Commonwealth Bank markets (PA, OH, IN, KY, or WV).
Online account opening is only available to residents of PA, OH, and select KY zip codes (verify on the first page of the online application). Indiana, West Virginia, and other Kentucky residents must open in a branch or by phone.
Use promo code FCB400 at account opening.
Not a distinct institution from First Commonwealth Federal Credit Union; this is First Commonwealth Bank (fcbanking.com).

Tips & Gotchas

→No direct deposit is required for the $200 tier, just 10 qualifying debit card purchases within 60 days.
→Use promo code FCB400 at account opening.
→Online opening is limited to PA, OH, and select KY zip codes; IN, WV, and other KY residents open in a branch or by phone.
→Not eligible if you had a prior First Commonwealth Bank personal checking account or a promo-code credit in the past 12 months.

Direct Deposit Data Points 5

5 community reports across 2 transfer sources, showing what triggers a qualifying direct deposit at First Commonwealth Bank.

Showing 1 of 5 reports

View all First Commonwealth Bank direct deposit data points →

Can You Earn This Bonus Again?

Can rechurnNo

Fine Print

Earn $200 when you open any new First Commonwealth Bank personal checking account (excludes HSAs) with promo code FCB400 by July 31, 2026 and complete 10 or more qualifying debit card purchases that post and clear within 60 days of opening. Available to residents of PA, OH, IN, KY, or WV; online opening limited to PA, OH, and select KY zip codes. One reward per customer. Verified on fcbanking.com on 2026-07-18.

Taxable income · Reported on 1099-MISC

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 ChexSystems?

ChexSystems is a banking history report that can affect bonus approvals. Here's how it works, which banks check it, and how to work around a bad record.