New Member Checking Account
Get Rewarded For Joining!
At Nizari Progressive Federal Credit Union, we believe it pays to join a credit union that puts you first—literally. For a limited time, new members can earn a cash bonus just for opening a qualifying checking account!
Limited Time Offer – RECEIVE UP TO $1000
| New Member Checking Account Bonus | ||||||
|---|---|---|---|---|---|---|
| Tier 1 | Tier 2 | Tier 3 | Tier 4 | Tier 5 | Tier 6 | |
| Deposit | $500.00 – $10,000.00 | $10,000.01 – $20,000.00 | $20,000.01 – $30,000.00 | $30,000.01 – $40,000.00 | $40,000.01 – $50,000.00 | $50,000.01 or More |
| Cash Bonus* | $50 | $200 | $300 | $450 | $600 | $700 |
| Loan Bonus** | $300 | $300 | $300 | $300 | $300 | $300 |
| Earn Up To | $350 | $500 | $600 | $750 | $900 | $1000 |
Here’s How It Works:
- Become a Nizari PFCU member (must meet the member eligibility requirements) Click to become a member
- Once your membership is approved, open a new Checking Account (Regular Checking Account or Ultimate Checking Account1)
- Make qualifying direct deposits totaling at least $2,500 within ninety (90) days of account opening.
- Receive your cash bonus* —just for banking with us
- Get a consumer loan and receive an additional $300**
Checking Account Features
- No minimum balance required to keep the account open, thereafter. No monthly or yearly fees.
- Free Visa Debit card, including POS transactions
- Free ATM transactions at all ATMs displaying “Allpoint” logo.
- Free eStatements
- Free Virtual Branch Online Banking
- Free Bill Payment Service thru CheckFree
*New members will receive the tier based cash bonus amount at the time of new checking account opening.
**$300 Cash bonus will be rewarded 90 days after the loan disbursement. Mortgage Loan and Share Secured Loan doesn’t qualify for the loan bonus.
This Credit Union is federally insured by the National Credit Union Administration (NCUA). Learn more about the NCUA here.
How to qualify for this offer:
To be eligible: The offer is available only to the primary member of the new consumer checking account and is exclusive to new checking accounts. The primary account holder is the owner whose Taxpayer Identification Number, such as a Social Security Number, is assigned to the account and has tax responsibility.
To receive the bonus: To qualify for the cash bonus, you must become Nizari PFCU Primary Member (Click here to view the member eligibility and requirements) and than open a Checking Account, (Regular Checking Account or Ultimate Checking Account1) with the required deposit amount mentioned above. For the additional loan bonus, you need to apply for a loan that must be disbursed between July 1, 2025, and September 30, 2025. To qualify, the member must be a new Nizari checking account holder and have not held a consumer checking account with Nizari within the past twelve (12) months. The opening deposit must consist of new funds transferred from a financial institution other than Nizari PFCU. Additionally, the member must make qualifying electronic deposits totaling at least $2,500 within ninety (90) days of the account opening (the “qualifying period”). A qualifying electronic deposit is a deposit of funds, such as your salary, government benefit payment, or other income, that has been posted to your account and is (1) a direct deposit made through the Automated Clearing House (ACH) network. (2) an instant payment processed through the RTP network (real-time payment system) or (3) an electronic credit from a third-party service that facilitates payments to your debit card using the Visa or Mastercard network (e.g., an Original Credit Transaction). Transfers from one account to another, mobile deposits, Zelle®, or deposits made at a branch or ATM are not considered a qualifying electronic deposit. An ACH direct deposit made available early with Early Pay Day does not count toward the bonus requirements until it posts to your account and is no longer pending (e.g., scheduled payment date).
After the 90-day qualification period, if you have met all requirements, we will deposit the bonus into your new account within 30 calendar days. Your new account must stay open through the time we attempt to deposit the bonus. We may close accounts with a zero balance without prior notice. You are responsible for any taxes due on the bonus. We will report the bonus as income to tax authorities, as required by applicable law. If you are subject to backup withholding at the time of payment, we may withhold the required amount and remit to tax authorities.
This offer may be discontinued or changed at any time without notice.
1. Opening an Ultimate Checking Account may require an additional monthly fee of $4.99. Please visit https://www.nizaricu.org/personal/ultimate-checking/ for more details.
Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC, and are used herein under license.
Features
- $2,000 minimum balance required
- Maximum amount of per check face amount accepted for deposit depends on the risk score we assign your business*
- Security Deposit required based on our analysis of your account. Additional security deposit is required if you cash IRS checks and deposit them at Nizari PFCU
- Up to 80% of your total check deposit amount is available immediately in most cases
Features
- Remote Deposit Capture services through MVI
- Cash delivery directly through Loomis**
- Free Online Banking with text message and email alerts
- Free Unlimited Currency Deposits
- Unlimited Check transactions
- Unlimited Teller transactions
- Free Night Drop facility
Features
- $2,000 minimum balance required
- Maximum amount of per check face amount accepted for deposit depends on the risk score we assign your business*
- Share Certificate required based on our analysis of your account. Additional share certificate is required if you cash IRS checks and deposit them at Nizari PFCU
- Up to 80% of your total check deposit amount is available immediately in most cases
- Remote Deposit Capture services through Check Logic
- Cash delivery directly through Loomis**
- Free Online Banking with text message and email alerts
- Free Unlimited Currency Deposits
- Unlimited Check transactions
- Unlimited Teller transactions
- Free Night Drop facility
Frequently Asked Questions
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Have a question?
Unlike other financial institutions, we are not open to the general public. Please take time to discover how you qualify. For membership eligibility and other assistance, please call our Member Service Center at 281-921-8500 or send us a message.
