Get Up to $400 for Joining SLFCU!

New Member Bonus Offer

The Sandia Laboratory Federal Credit Union (SLFCU) New Member Bonus Offer is available for a limited time only. SLFCU reserves the right to modify, extend, or terminate the Offer at any time without prior notice. The offer is limited to a new SLFCU member (“New Member”) receiving one (1) $300 New Member Bonus Offer (“Offer”) and, optionally, one (1) $100 Referral Reward (“Reward”) through SLFCU’s Refer a Friend Program. The New Member must provide the referral code before the application process is complete when applying for membership at an SLFCU branch. If applying online, the referral code must be entered into the membership application form where indicated.

To receive the Offer, the New Member must be at least 18 years old, reside in the United States, and agree to the terms and conditions of the Offer. The New Member must meet SLFCU membership eligibility requirements.

For a New Member to receive the $300 Offer, the New Member must be a current or retired employee of Sandia National Laboratories, a member of their immediate family, or a member of their same household.

They must also not have been an SLFCU member within the past 180 days, must open a new membership at SLFCU with a minimum deposit of $1, open a Quick Cash or Money Manager Checking account, and establish recurring ACH direct deposits of at least $100. All the above requirements must be met within the first 60 days of establishing membership.

When all the above requirements are met, the New Member will receive an additional $100 Reward if they have been referred by an Existing Member that meets the requirements described within the terms and conditions of the Refer a Friend Program. The Existing Member will also get a $50 Reward at that time. Offer and Rewards will be deposited into the member’s primary savings account within 40 days of all requirements being met. Accounts must be in good standing at the time of Offer and Reward.

SLFCU employees who meet all Offer requirements are eligible to participate as a New Member. SLFCU employees can participate as a referring person but are not eligible to receive a $50 Reward. If an SLFCU employee refers another SLFCU employee, neither employee is eligible to receive a $50 Reward. New Members, excluding SLFCU employees, referred by an SLFCU employee will still receive their Offer and Reward as per the conditions of the Refer a Friend Program.

Tax implications may apply to awarded bonus. Nonresident alien individuals participating in the program should have a current IRS Form W8-BEN on file with SLFCU, if applicable, or otherwise be subject to backup withholding. 

SLFCU is not responsible for any lost, stolen, and/or expired referral codes or links, or any technical issues or errors that may prevent the referrals from joining or enrolling in direct deposit. SLFCU reserves the right to disqualify any participants who violate the Offer rules, SLFCU policies, or any applicable laws or regulations.

SLFCU’s decision on all matters relating to the Offer is final and binding.

New Membership Savings Account earns 0.05% APY (Annual Percentage Yield) on balances $100 - $9,999 and Money Manager Checking earns 0.05% APY on balances of $500 and over. Quick Cash Checking requires a $15 initial deposit. Rates effective as of 4/01/2024. Dividend rate and APY may change at the discretion of the Board of Directors.