Our Bonus Cash Offers
| Open a Checking Account with a Direct Deposit of $500: | You'll Earn $200 |
| Plus! For every new account opened, we'll match your Bonus Cash by donating: | $200 to a Local Charity |
| Add a Debit Card to your checking account: | You'll Earn $25 |
| Enroll in Online Banking & eStatements: | You'll Earn $25 |
| Refer-A-Friend to Open a New Checking Account: | You'll Earn $50 (per Friend!) |
Open Your New Checking Account Online Now!
How Bonus Cash Works |
Are you ready to open a new checking account with Home Federal? You won’t regret it. Our mission is to “enhance the financial well-being of our clients, one relationship at a time” and we’re ready to do just that for you! Here are the details on how you can earn up to $300 or more.
Earn $200*
By opening any checking account with a Direct Deposit of $500.
We have a couple great options for you to get started with a new checking account. Ask any one of our bankers if either Advantage Checking or Interest Advantage Checking is the better option for you. Don’t forget to set up your direct deposit with your employer after opening your account to earn your reward! The $500 requirement is a combined total of all direct deposit amounts within one statement cycle.
In addition, Home Federal will be matching your bonus cash by donating $200 to a local charity!
Ready to open your account?
Open a Checking Account Online
*Health Savings Accounts are not eligible for the $200 bonus. New account owners must not have been a Home Federal checking account client in the last 12 months. Interest Advantage account earns interest and the Annual Percentage Yield (APY) is as follows: balances $5,000.00 or less, 2.00% APY; $5,000.01 and over, 0.05% APY. APYs are accurate as of 01/01/2023. Checking account minimum opening balance is $25 and direct deposit minimum qualification is $500 (combined total of direct deposits during one statement cycle) to earn bonus. $200 bonus reward will be credited to your checking account within 60 calendar days of meeting the qualifications. Qualifications must be met by 10/31/2023 (direct deposit must clear by 12/29/2023) to obtain the bonus. Bonus reward will be reported as interest on IRS Form 1099-INT. A $75 early closing fee will be charged by the bank if the account closes within the first 6 months. Any person with more than 5 ChexSystems inquiries will not qualify for this promotion. Fees could reduce earnings on the account. Interest rates and APY may change at any time. Other restrictions may apply. This offer is subject to change and may be withdrawn without notice. Member FDIC.
Already have an account with Home Federal?
You can still earn money, too! (Keep scrolling...)
Earn $25*
By adding a debit card to your account.
We have good news! All of our checking accounts come with a FREE debit card. Just contact your local bank and request a debit card be connected to your account and you'll receive an extra $25 in Bonus Cash. We even now have contactless cards available!
*Health Savings Accounts are not eligible. Checking account linked to new debit card must not have had a debit card active in the last 12 months. Account ownership styling and transaction authority may disqualify eligibility to receive the $25 bonus reward. Bonus reward will be credited to your checking account within 60 calendar days of meeting the qualification. Qualifications must be met by 10/31/2023 to obtain the bonus. Bonus reward will be reported as interest on IRS Form 1099-INT. Any person with more than 5 ChexSystems inquiries will not qualify for this promotion. Fees could reduce earnings on the account. Other restrictions may apply. This offer is subject to change and may be withdrawn without notice. Member FDIC.
Earn $25*
By enrolling in Online Banking & eStatements.
Save some paper and sign up for an all digital approach. We want to reward YOU with Bonus Cash for helping US cut down on our paper usage.
Contact Your Local Bank to Enroll
*Health Savings Accounts are not eligible. Checking account linked to online banking account must not have had an online banking account and eStatements active in the last 12 months. Account ownership styling and transaction authority may disqualify eligibility to receive the $25 bonus reward. Bonus reward will be credited to your checking account within 60 calendar days of meeting the qualifications. Qualifications must be met by 10/31/2023 to obtain the bonus. Bonus reward will be reported as interest on IRS Form 1099-INT. Any person with more than 5 ChexSystems inquiries will not qualify for this promotion. Fees could reduce earnings on the account. Other restrictions may apply. This offer is subject to change and may be withdrawn without notice. Member FDIC.
Earn $50*
By referring a friend (or two or three...).
An easy way to earn some Bonus Cash is to just tell others about Home Federal. You will earn Bonus Cash for EACH friend you refer, and did we forget to mention to that they will also get $50 for opening an account? Both you and your referral will receive $50 in Bonus Cash!
*Health Savings Accounts are not eligible. Referred party must not have been a Home Federal checking account client in the last 12 months. Referral qualification will be met once newly referred party’s account is opened. $50 bonus rewards will be credited to referring client’s and newly referred client’s checking accounts within 60 calendar days of the referred client’s checking account opening. Checking account minimum opening balance is $25. Account ownership styling and transaction authority may disqualify eligibility to receive the $50 bonus reward. Fees could reduce earnings on the account. Participation serves as a one-time limited waiver of privacy rights by both parties, whereby each may become aware of the presence of an account relationship with Home Federal. $50 bonus rewards will be reported as interest on IRS Form 1099-INT. Other restrictions may apply. This offer is subject to change and may be withdrawn without notice. Member FDIC.
Take advantage of everything listed above,
AND YOU'LL EARN OVER $300!
Frequently Asked Questions:
Question:
I am an existing client at Home Federal, but don’t have a checking account. Can I still earn the $200 Bonus Cash for opening one?
Answer:
Absolutely! If you’re, for example, a business banking client of Home Federal and want to open a personal checking account, all of the Bonus Cash rewards (and disclaimers/qualifications) listed above apply to you!
Question:
If I want to open a checking account, can I do that online or do I need to do that at a branch?
Answer:
You can do either! If you can't make it to a branch, you can conveniently open and fund your new Advantage Checking or Interest Advantage Checking account online here.
Question:
I just signed up for my new checking account. Do I now qualify for the $50 Bonus Cash reward if I Refer-A-Friend?
Answer:
Absolutely! Now that you’re a Home Federal client (welcome!), we encourage you to tell your friends. Head straight to our Refer-A-Friend page to learn more about the Refer-A-Friend reward information (and disclaimers/qualifications).
Question:
Is there a limit to how many friends I can refer for the Bonus Cash?
Answer:
Short answer, no! Long answer is no, but each referral must open an account for you to receive the Bonus Cash.
Question:
Can I receive eStatements AND paper statements if I enroll in Online Banking & eStatements?
Answer:
If you choose to enroll in eStatements, we will discontinue the mailed paper statements. Instead, you will receive an email with your statement every month! You can always switch back to paper statements in the future.
Question:
I’ve had my checking account open for a while and I don’t have a debit card attached to it. Does it need to be a new account in order to receive the Bonus Cash for adding a debit card?
Answer:
You will receive the $25 Bonus Cash for adding a debit card to your account regardless of if the account is new or not! The account just can’t have had a debit card active in the last 12 months.
Question:
When will I receive my Bonus Cash reward(s)?
Answer:
Any applicable reward(s) will be credited directly to your Home Federal checking account within 60 calendar days of meeting the requirements. Remember, all requirements must be met by October 31, 2023 (direct deposit must clear by December 29, 2023).
Question:
How will the charity donation be distributed when I open the checking account? Do I get to choose the charity the $200 match will go to?
Answer:
Home Federal will be donating the $200 to a qualified CRA charity of our choosing, up to $50,000 in total (across all markets we serve) for this promotion. Although you may not get to choose, the money will go to a good cause!
Get started by opening your account online now,
or stop by your local Home Federal to begin earning Bonus Cash!