Special Promotions
Get a $500 Bonus
When You Move $50,000 From a Big Bank
Have $50,000 or more at a commercial bank?
Move it to Labor Credit Union and earn a $500 Share Certificate bonus. Bonus is paid up front into your certificate after funds are verified.
Big banks hold your money. We help it grow. This limited‑time offer is designed for members with larger balances who want clear terms and real rewards.
Open a Share Certificate with our FWAWhen you move $50,000 or more from a commercial bank into a Share Certificate with a term of one year or longer, you qualify for a one‑time $500 bonus.
After we verify the funds came from a commercial bank, the $500 bonus is paid up front and added directly to your Share Certificate.
Eligible funds must come from a commercial bank such as Wells Fargo, Chase, Bank of America, PNC, or a similar institution.
Funds transferred from Labor Credit Union accounts do not qualify.
You must deposit at least $50,000 in new money from a commercial bank to qualify.
The $50,000 balance must be maintained for the full certificate term to keep the bonus.
The Share Certificate must have a term of one year or longer.
APY is disclosed at account opening.
The bonus is paid up front after Labor Credit Union verifies that the funds came from a commercial bank.
Verification may occur after account opening.
Yes. The promotion is limited to one $500 bonus per person.
This applies even if you have:
• Multiple Share Certificates
• Multiple memberships
• Joint accounts
• Business accounts
Each individual can receive the bonus only once.
If the Share Certificate is closed before maturity, the $500 bonus will be reclaimed.
Standard early withdrawal penalties may also apply.
Yes. The $500 bonus is reported as interest income and may have tax consequences.
Consult your tax advisor for guidance.
Promotional Disclosure
Minimum opening deposit of $50,000 in new money required. Funds must be transferred from a commercial bank such as Wells Fargo, Chase, Bank of America, PNC, or similar institutions. Transfers from Labor Credit Union accounts do not qualify.
The advertised Annual Percentage Yield (APY) for a 3‑Year Share Certificate is 3.55% APY, accurate as of the date of disclosure. APY is the annual rate of return that accounts for compounding. APY assumes dividends remain on deposit until maturity. Rates are subject to change without notice and may change after account opening.
A minimum balance of $50,000 must be maintained for the full Share Certificate term to obtain the bonus. The Share Certificate must have a term of one year or longer.
A $500 bonus will be paid up front and deposited into the Share Certificate after Labor Credit Union verifies that the funds originated from a commercial bank. Verification may occur after account opening.
Limit one $500 bonus per person, regardless of the number of certificates opened, memberships held, joint ownership, or business accounts. Joint owners are eligible only under their own primary membership.
A penalty will be imposed for early withdrawal, which may include loss of dividends and the $500 bonus.
Bonuses are reported as interest income and may have tax consequences. Consult your tax advisor.
Membership eligibility required. Promotion available for a limited time and subject to change.
