Terms now state ‘How the Program Works. This referral program is open only to individuals who are legal residents of the State of New Mexico and who are at least 18 years of age at the time of participation to use the Site.’ No longer nationwide.
Update 7/4/26:T&Cs now state it has been extended until 12/31/26 but referral links still say 6/30/26
“2. Promotional Period. The Promotional Period for the Company’s 90 Year Anniversary Referral Program is between September 1, 2025 and December 31, 2026.”
Hat tip to reader Bedu
Offer at a glance
- Maximum bonus amount: $90
- Availability: Select areas in NM, but can join with a $10 donation
- Direct deposit required: Yes, no minimum mentioned
- Additional requirements: None
- Hard/soft pull: Soft pull
- ChexSystems: Yes
- Credit card funding: Can fund up to $500 with a credit card
- Monthly fees: None
- Early account termination fee: Unknown
- Household limit: None
- Expiration date: June 30, 2026
The Offer
Direct link to offer, don’t share your referrals in the comments below. You can share them in this linked post.
- U.S. Eagle Federal Credit Union is offering a $90 referral bonus to both parties. To receive the bonus the person signing up must meet one of the following requirements:
- Any checking account with direct deposit
- A share certificate ($1,000 minimum)
- A loan or credit card
The Fine Print
- While each shareable link provided may be used for up to 25 simultaneous referrals, the number of referrals you may make is limited to 5 ($450 total).
- Each new member, however, may only be referred once. But then they’ll have referral sharing, too after their first 30 days of membership.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
Life essentials checking has a $5 monthly fee. This is waived with e-statements, or if the primary account holder is under 18 or over 65.
Early Account Termination Fee
Wasn’t able to find a fee schedule so unsure.
Our Verdict
Normally we won’t post a bank bonus unless it’s for $100+ but given there is a referral element we made an exception. Just keep in mind you won’t be able to share referrals for 30 days after you sign up and the promotion ends 6/30. Don’t share your referrals in the comments below. You can share them in this linked post.
Hat tip to ShawntheShawn
Useful posts regarding bank bonuses:
- A Beginners Guide To Bank Account Bonuses
- Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
- 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 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
I originally commented about how they dont seem to have their act together. Well, that’s confirmed for me yet again. 7/2 Open (before NM residency requirement) 7/2 $102 Relay, memo “PAYROLL” 8/5 $90 bonus posted I got a call asking about my transfer, and I said it was me, and that it was legitimate. They seemed to think it was strange. Oh well, I brushed it off. I then got my account locked without warning & couldn’t login… I had to call. The lady said the fraud dept guy said it was “highly unusual” because I apparently paid myself. I dont see how that’s unusual because anybody with a small business knows you can pay yourself a salary and it’s not unusual whatsoever. They agreed to unlock my account EXCEPT wouldn’t allow external transfers or ATM for 90 days, but would allow a debit card (didnt ask for one anyway). I initiated a pull from Relay to get all the money out. It looks like it’s working despite their attempt at a “freeze”. Once it posts, I’m going to close that account. Awful. Nobody bank here. (even in NM!)