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Refer your friends to Patelco and earn big — up to $500 for you, up to $200 for them1

Member referrals have helped us grow and pass on more savings with better rates to members like you. That’s why for a limited time, we want to reward you with our new Refer a Friend program!

We’ll credit you $100 for each qualified referral up to $500. Make sure your referral uses your personal referral code when opening the new checking account. Your reward will be deposited into your Patelco savings account once your referral has met the qualifying criteria outlined below. This limited time offer ends July 31, 2025.

Your friends can earn the first $100 in 3 simple steps

1

Open a Checking account

Open a Free or Interest Checking account with your referral code. We’ve emailed the code to you, or you can contact us to look it up!

2

Sign up for eStatements

Go green with faster and safer electronic statements, accessible from your online account, which provide added protection against mail theft.

3

Set up qualifying direct deposits

Set up and receive a direct deposit of $500 or more per month (such as payroll) for 2 consecutive months (totaling $1,000 or more) within 90 days.

Earn an additional $50 each for Money Market and RoundUp

Once you’ve opened a checking account and completed the steps listed above, you can earn an additional $100 ($50 each) if you open a Money Market account or enroll in RoundUp within 90 days of joining Patelco.

Learn more about our qualifying products

Want to learn more about our checking and high-yield money market accounts? Click below to explore some of our unique product features and to apply online in minutes!

Free Checking

Take advantage of no fees or minimums with our everyday, worry-free checking account.

Interest Checking

Earn interest on an everyday account and easily waive the monthly fee.

Money Market Plus

Earn rates as high as 4.00% APY2 with a monthly deposit of $500 or more into checking.

Money Market Select

Earn 2.00% APY6 on balances up to $2,000. No monthly deposit requirements.

Get rewarded for managing your money better

Get Paid Early with Direct Deposit2

Set up Direct Deposit and access your funds up to 2 days early

No Overdraft Fee3

Cover unexpected shortage of funds in your account for up to $500 with Instant BackUp. No credit check needed

RoundUp

Automatically grow your savings with every purchase you make. Learn more.

Debit Mastercard® Card

Pay with confidence with Digital Wallets and Zero Liability Protection

Send Money with Ease

Choose from Zelle®Bill Pay, wire transfers and more

30,000+ Fee-Free ATMs

Find one near you on our Mobile App

Frequently Asked Questions

Want to talk to someone?

Make an appointment to visit a Patelco branch near you. Or meet online with our Virtual Branch — where you can drop in or schedule an appointment to meet virtually from the comfort of your home or office.

Schedule appointment

1 Refer a friend using your personal referral code assigned to your membership. Your referral MUST use your code to become a member and open a new checking account by July 31, 2025 at any Patelco branch or online and meet the qualifications outlined here to earn up to $200. To qualify for the first $100 bonus, the following criteria must be met: 1) new member must join Patelco by opening a Free Checking or Interest Checking account with the referral code provided 2) sign up for eStatements 3) have a minimum of two (2) consecutive qualifying monthly direct deposits of $500 or more into the new Patelco checking account totaling $1,000 or more within 90 days of new membership.

Qualifying direct deposits are electronic deposits of payroll (paycheck), government benefits payments, Social Security, pension or other income received through the Automated Clearing House (“ACH”) Network. Deposits that do not qualify include, but are not limited to, internal Patelco account to account transfers, check deposits, peer-to-peer transfers (e.g., transfers from Zelle®, PayPal, Venmo, etc.), ATM or branch deposits, ATM transfers, or remote deposits.

For the new member, who has met the above-stated criteria, to earn up to an additional $100, they must complete the following activities within 90 days of their new membership: 1) open a Money Market Plus or Money Market Select account to earn an additional $50, 2) sign up and use RoundUp at least once for debit card purchases to earn another $50.

Referring members can earn $100 for each referral that meets the qualifications for the first $100 bonus and can earn up to $500 total in Refer a Friend bonus per year. The referral bonus will be credited to your Patelco savings account. The cash bonus for new members will be credited to their new Patelco checking account after qualification criteria are met, on or before 90 days from the date the new membership is opened. Accounts must be open and in good standing at the time of bonus credit. Patelco employees are not eligible. If you receive $600 or more in prizes from Patelco throughout the year, we’ll send you an IRS Form 1099.

2 APY=Annual Percentage Yield. Rates are effective as of 03/01/2025 and are subject to change before or after account opening without notice. Rates vary by tier and apply to the full balance.

The following variable interest rates will apply to your account balance: 4.00% APY on balances of $250,000.00 or greater, 4.00% APY on balances between $100,000.00 and $249,999.99, 3.51% APY on balances between $50,000.00 and $99,999.99, 3.00% APY on balances up to $49,999.99.

In order to attain higher interest rates the account must meet the eligibility requirements, that is a Patelco checking account (opened under the same Member Number) with a total monthly deposit of $500 or more. If the account fails to meet eligibility, the lower interest rate of 0.05% APY will be defaulted. Qualifying deposit transactions include: Payroll direct deposits, Social Security (or other government benefit) direct deposits, ACH transfers, Zelle®, Venmo, PayPal or other similar deposits, cash deposits, check deposits (except checks written from another Patelco account), wire transfers, multiple deposits (of the types listed above) that add up to at least $500 in a calendar month. Qualifying deposit transactions do not include Patelco account-to-Patelco account transfers, chargebacks or promotional incentive payments from Patelco.

For more details, read our Money Market Plus Account Overview.

3 APY=Annual Percentage Yield. Rates are valid as of 12/01/2022 and are subject to change after account opening without notice. Interest is paid at tier rates on balances within each tier. Total interest paid is the sum from each tier. Blended APY shown assumes the amount entered is held in the account for one year. Withdrawing funds before one year will result in a different realized rate. No minimum deposit required to open an account. Limit one Money Market Select account and one Money Market Select IRA account per account number.

4 Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

5 You must enroll in Instant BackUp on your checking account to receive overdraft coverage up to $500. You’ll pay interest only on the amount you borrowed for the amount of time it’s outstanding. Talk to our Patelco team for assistance and learn more here. No overdraft fees applies to checking accounts opened after 04/05/2023.

6 Source: Over 22,000 five-star reviews on the App Store.

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