Saint Vincent Erie Federal Credit Union offers a $25 bonus to both parties via their referral program.
Saint Vincent Erie FCU is located in Erie, Pennsylvania, and membership is open to employees of Saint Vincent Health Center and approved medical-related agencies and nursing homes as well as family and household members.
To join, you just need to pay a $1 fee (waived for referrals) and deposit a minimum of $5 in a primary share account.
Saint Vincent Erie $25 Referral Bonuses for Both Parties
If you are a current Saint Vincent Erie member, visit the Saint Vincent Erie Referral Page to access the referral forms and share them with your friends.
Both members will get $25 each when a current member refers a new member to open a standard savings account with a $5 minimum deposit and at least 2 of the following:
- Free Checking Account
- Direct Deposit
- Auto Loan
- Home Equity Loan
- Personal Loan
If the new member chooses to open a checking account with direct deposit in order to qualify, then there is a $50 minimum opening deposit required for the checking account, and the direct deposit must have a monthly transfer of at least $25.
If the new member chooses to obtain a loan, it must be for at least $2,500.
The $25 bonus will be paid to the referrer the next business day after your referral successfully establishes a new account.
The $25 bonus will be paid to the referee once all of the new member requirements have been met, which is usually 90 days after the new account has been opened.
The accounts for both the new and current member must remain open for at least 90 days, or the $25 deposit will be charged back.
A member must be in good standing for 90 days to be eligible for any bonus.
The $1 new member fee is waived during this promotion, and the new debit card fee is waived as well.
Not many people qualify for membership with this credit union, but if you are a member, this could be a good way for you and your coworkers to earn an extra $25 each if you intend to start a membership with Saint Vincent Erie either way.
Please feel free to reach out to other members and exchange referrals in the below comments.