ProFed Credit Union
ProFed Credit Union Checking $150 Bonus
ProFed Credit Union pays $150 to new members who use code SWITCH, open a membership savings account ($5) and a checking account ($25), and keep the accounts open and in good standing for 90 days. No direct deposit or debit purchases needed. Membership is limited to nine northeast Indiana counties around Fort Wayne. Open by December 31, 2026.
- Bonus amount
- $150
- Expires
- Dec 31, 2026
- Time to complete
- ~90 days
- Paid after opening
- ~100 days
- Difficulty
- Easy
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Requirements
Last verified: Nov 3, 2026
Join and open accounts
Become a new ProFed member with promo code SWITCH (enter it online or show it in a branch): open a membership savings account with $5 and a checking account with $25. A Great Start Savings 12-month EZ Saver certificate with $25 also qualifies instead of checking. Membership is limited to nine northeast Indiana counties.
Keep it open 90 days
Keep the accounts open and in good standing for 90 days. The $150 is paid after that.
The $150 is paid after the accounts have been open 90 days and are in good standing.
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Account Details
The new accounts must be open 90 days and in good standing before the $150 is paid.
Eligibility
Current ProFed members do not qualify.
- Membership is limited to people who live, work, worship, attend school, volunteer, or regularly do business in Adams, Allen, DeKalb, Huntington, LaGrange, Noble, Steuben, Wells, or Whitley county in northeast Indiana.
- All new accounts are screened through ChexSystems.
Tips & Gotchas
- No direct deposit and no debit purchases: open the accounts with $30 total and wait 90 days.
- Use code SWITCH. The site also shows FWFC26 and TEACH26 codes that pay only $100 for the same steps.
- Membership is only for people who live, work, worship, attend school, volunteer, or regularly do business in Adams, Allen, DeKalb, Huntington, LaGrange, Noble, Steuben, Wells, or Whitley county, Indiana.
- Current members do not qualify, and new accounts are screened through ChexSystems.
Can You Earn This Bonus Again?
Fine Print
To qualify, open a membership savings account with a minimum opening deposit of $5.00 and at least one of: a checking account with a minimum opening deposit of $25.00, or a Great Start Savings (12 Month EZ Saver Certificate with a minimum opening deposit of $25.00). All accounts must be in good standing to receive the bonus. Enter the code when opening online, or present it when opening in person. Account must be open 90 days and in good standing before the $150.00 bonus is paid. Current members do not qualify. All new accounts verified through ChexSystems. Members assume all tax liabilities for incentives deposited. Offer valid until 12/31/26.
Taxable income · Reported on 1099-INT
Related Articles
What is a hold period?
The minimum time you must keep your balance in an account before the bonus is paid out.
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.
Do Bank Bonuses Show Up on a 1099-INT?
Yes. Bank bonuses are taxable income. Most banks report them on a 1099-INT once you earn $10 or more from that bank in a calendar year. Some report them on a 1099-MISC instead. Either way, you report the bonus as ordinary income on your tax return.
Also see: this month's best bank bonuses and community DD data points.
We may earn a commission if you open an account through the link above. This doesn't affect our recommendations. See how we make money