[FL] First Federal Bank $200 Checking Bonus

Extended to December 31, 2026

Update: Can open online by speaking with a rep so not technically in branch only but can’t use an online form. 

Offer at a glance

• Maximum bonus amount: $200
• Availability: FL, In Branch only
• Direct deposit required: Yes, $1,000+
• Additional requirements: None
• Hard/soft pull: Unknown
• ChexSystems: Unknown
• Credit card funding: Unknown
• Monthly fees: $9, avoidable 
• Early account termination fee: $25, 90 days
• Household limit: None listed 
• Expiration date: September 30, 2026

The Offer

Direct link to offer

• First Federal Bank is offering a checking bonus $200:
  • Receive qualifying direct deposit(s) totaling at least $1,000 in a single calendar month, within 60 days of opening your account

The Fine Print

• $200 Checking Bonus is available to new First Federal Bank customers who open a new personal Enhanced Checking Account through a representative at a branch or through a representative-assisted channel during the promotional period ending September 30, 2026.
• Accounts opened through the bank’s self-service online account opening process are not eligible.
• To qualify, customer must receive qualifying direct deposit(s) totaling at least $1,000 in a single calendar month within 60 days of account opening.
• Qualifying direct deposits are ACH deposits of payroll, pension, Social Security, or government benefits from an employer, pension administrator, or government agency. Person-to-person transfers, mobile payment transfers, remote deposits, ATM deposits, and transfers from other bank accounts do not qualify.
• Account must remain open, active, and in good standing for at least 90 days from account opening.
• Bonus will be credited within 30 days after all eligibility requirements are met.
• Limit one bonus per customer tax ID.
• Bonus may be subject to tax reporting.
• Offer may be subject to change at any time.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

The $9 monthly account cycle service charge will be waived for any statement cycle in which 20 or more debit card purchase transactions post to the account. This promotional fee waiver is available for new First Federal Bank customers who open a new personal Enhanced Checking account through a representative at a branch or through a representative-assisted channel during the promotional period ending September 30, 2026. Accounts opened through the bank’s self-service online account opening process are not eligible.

Early Account Termination Fee

$25 if closed within 90 days according to this comment.

Our Verdict

There is also a $400 business checking that can be done. 

Hat tip to ShawntheShawn

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Calculate And Share Your ChexSystems Datapoints
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications
• Bank Bonus Posting Times