Lake Michigan Credit Union: $50 LMCU Checking Account Bonus and $50 Referral Program (Open Membership Nationwide)

Through the Lake Michigan Credit Union Refer-A-Friend Program, new members can get a $50 bonus when you open an LMCU checking account with 2 or more recurring direct deposits totaling $500 or more within 60 days, and current members can earn a $50 bonus for each new LMCH member that you refer for up to $500 per year.

With open nationwide membership, anybody in the U.S.A. can join Lake Michigan Credit Union by contributing $5 to the ALS Foundation (new members in Michigan’s lower peninsula or anywhere in Florida automatically qualify for membership).

However, although you can join LMCU from California, residents of California are not eligible to participate as either referrers or referees for the Lake Michigan Credit Union Refer-A-Friend Program, so you cannot earn the $50 bonuses if you live in California.

Take advantage of this Lake Michigan Credit Union referral promotion to earn a $50 bonus for both new and current members, plus enjoy a wide range of competitive financial products and services from LMCU.

If you are a current LMCU member, please feel free to share your personal experiences along with your referral link in the below comments, so that both you and potential new LMCU members can earn an extra $50 bonus for participating in the Lake Michigan Credit Union Refer-A-Friend Program.

LMCU Membership Eligibility

There are 3 options to qualify for membership when you join Lake Michigan Credit Union:

1. You reside, work, attend school, or worship anywhere in Michigan’s lower peninsula or anywhere in Florida.

2. You are an immediate family member of any LMCU member regardless of your state or county of residency (immediate family is defined as father, mother, brother, sister, son, daughter, grandmother, grandfather, and spouse).

3. You reside outside of Michigan or Florida and would like to contribute $5 to the Amyotrophic Lateral Sclerosis Association (ALS) West Michigan Chapter.

When you join LMCU, you’ll need to have your driver’s license, social security number, and at least $5 ready to fund your new primary savings account.

Please note that while LMCU membership is available to anyone in the U.S.A., residents of California are not eligible to participate as either referrers or referees for the LMCU Refer-A-Friend Program.

LMCU Checking Account $50 Bonus for New Members

1. To get started, you’ll need to register via this LMCU $50 New Member Referral Link by entering the email address that you will associate with your new LMCU membership account (referral link provided by reader Eric).

2. You must open a new LMCU personal membership with a checking account via the referral link.

3. Then receive 2 or more recurring direct deposits totaling $500 or more within 60 days.

4. After 60 days, LMCU will deposit $50 into your primary savings account within 14 business days.

5. You must be over the age of 18 and a U.S. resident (excluding California) to qualify for the $50 reward. You must not be an existing member or have closed an LMCU account within 180 days to be considered an eligible prospect.

6. There are several LMCU Personal Checking Accounts available, including Max Checking that offers a 3% APY on balances of up to $15,000 when you meet the monthly requirements, and Free Checking with no monthly fees and no minimum balance requirements.

7. A minimum balance of $5 is required to open and maintain an LMCU membership, which must be deposited into your primary savings account upon joining.

LMCU $50 Refer-A-Friend Rewards Program

When you participate in the LMCU Referral Program as a current member, you can share $50 with your friends when they join LMCU, and you’ll earn an extra $50 bonus for each new LMCU member that you refer.

In order for you both to qualify for the $50 bonus, your friend must open a personal LMCU membership with a checking account via your referral link and hold 2 or more recurring direct deposits totaling $500 or more for 60 days.

On the referral link landing page, the referee must enter the same email address that will be used when registering for the LMCU membership account.

After the 60-day period, if your referral meets the qualifications, LMCU will deposit $50 into both of your primary savings accounts within 14 business days.

Both the referrer and referee must be over the age of 18 and U.S. residents (excluding California) to qualify for the $50 reward, and the referrer must be a primary member of LMCU in good standing with a valid email address on file.

To be eligible, the referee must not be an existing member or have closed an LMCU account within 180 days.

Referrers and referees can earn a maximum of $500 in combined rewards during each calendar year, although referrers may continue to refer new members even after the maximum combined rewards for the year have been earned.

Businesses, trusts, estates, clubs/associations, beneficiaries, LMCU employees, LMCU employee families, LMCU board members and officials are not eligible.

By participating in this referral program from Lake Michigan Credit Union, you can earn a $50 bonus when you join LMCU with a personal checking account, and you can earn an additional $50 bonus for each friend that you refer who joins LMCU.