Get $250 with Direct Deposit - Redwood Credit Union

For a limited time, earn a $250 cash bonus when you set up direct deposit with your RCU checking account!¹ Plus, you can now get eligible funds up to two days sooner with Early Pay!²

Members must have at least $500 in qualifying direct deposits by May 31. Hurry! Offer ends 2/29.

Set Up Direct Deposit

Set up direct deposit with your checking account. It’s that easy!

1. Set up direct deposit

Submit your RCU checking account and routing number to your employer to establish direct deposit. Learn how to here.

2. Receive direct deposit

Receive a minimum of $500 in qualifying direct deposits to your checking account by May 31.

3. Enjoy $250!

Your $250 will be deposited into your RCU checking account within 60 days of meeting qualifications!

You’ll love the ease and security of Direct Deposit

Enroll today and gain access to these benefits and more.

Money when you need it

Your funds are automatically deposited into your checking or savings account.

Get paid early

Early Pay is a free benefit that gives you access to your deposit up to two days before payday.

Safe and convenient

Direct Deposit is safer than paper checks or employer-provided pay-cards.

No fees

Access your money sooner, without extra costs.

Get Started

How do I set up Direct Deposit?

Enrollment is easy! Select the best option for you:

Option 1: Employer portal
Submit your RCU account and routing number to your employer via their Human Resources portal (ex. ADP^®, UKG^®, WorkDay^®).^**

Option 2: Payroll form
If your employer doesn’t have an HR portal, fill out RCU’s online Direct Deposit form or your employer’s direct deposit form, and submit it to your employer by hand. Please check with your employer for form requirements.

Ready for a $250 cash bonus?

Set up direct deposit today. Offer ends 2/29.

Get Started

¹Promotion is valid through 02/29/2024. Promotion is offered to select Redwood Credit Union (RCU) Members. Employees of RCU and/or RCUSG, volunteer Officials, their family members and roommates are not eligible. Promotion is subject to change and certain restrictions may apply. To receive the $250 bonus, you must open or have a qualifying checking account with RCU with a qualifying direct deposit. Qualifying checking accounts are limited to General Membership, open for a minimum of 60 days. Youth, business, health savings (HSA), custodial, trusts, and other specialized accounts are excluded from this offer. Direct deposit must be an ACH deposit of $500 or more with an effective deposit date no later than May 31, 2024. Direct deposit is restricted to regular income deposits, government benefits, and monthly retirement income. Person-to-person payments such as Venmo^®, PayPal^®, or Zelle^®, and external transfers from linked accounts are excluded. One $250 bonus is available per qualifying household. $250 bonus is considered interest and will be reported on IRS Form 1099-INT. Participant is responsible for all applicable taxes. After meeting checking account and direct deposit requirements, bonus will be awarded by a credit to the checking account no later than June 30, 2024.

²Early Pay may provide access to eligible direct deposits up to two days before the pay day established by the income provider. Direct deposit must be established by the Member and approved by Member’s income provider. Eligible deposits include payroll, government or state benefits and pensions, and military pay. Person to person payments, international payments, or other payment types are not eligible. Service is provided solely as a Member benefit and is not guaranteed. Certain restrictions may apply.