Tower Federal Credit Union
Tower Federal Credit Union Free Checking
This bank doesn't currently have an active bonus. Here's its offer history.
What you can open instead
These banks are paying a bonus right now on the same kind of account.
Community Data Points
We don't have direct deposit reports for this account yet. What we do have: 1 community report on how long the bonus took to post, and the most recent ones average about 34 days.
See Tower Federal Credit Union Checking payout timelines →Account Details
If the checking account is closed or qualifying recurring direct deposits are discontinued within six months of opening, Tower may recoup the bonus.
Eligibility
Not available to current Tower checking account holders, accounts closed within 90 days, or accounts closed with a negative balance in the past 3 years. Not available if you received a Tower checking bonus in the past 48 months.
- Membership and the bonus are available to Maryland residents, Department of Defense personnel and their families nationwide, or existing Tower members as of June 15, 2026.
- Limit one checking bonus per household.
Can You Earn This Bonus Again?
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.
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.
Also see: this month's best bank bonuses and the full offer history archive.