CIBM Bank Promotions: $50, $500 Checking, Referral Bonus (IL, IN, WI)

Find all the latest listings of CIBM Bank promotions, bonuses, and offers here.

Update 6/3/25: There’s currently a $500 checking bonus valid through 7/31/25 and a $50 referral bonus good through 12/31/25.

CIBM Bank Promotions Review

Established in 1921, CIBM Bank values customer service, excellence, and integrity in everything that they do.

I’ll go over CIBM Bank offers below.

CIBM Bank $500 Checking Bonus

• What you’ll get: $500 bonus
• Availability: IL, IN, WI (Bank Locator)
• Direct Deposit Requirement: Yes
• Credit Inquiry: Soft Pull
• Monthly Fees: $0-$7, waivable
• Early Termination Fee: Six months, $25
• How to earn it:
  • Choose the checking account that works for you:
    • High Performance Checking
    • Acceleration Checking,
    • Classic Checking, or
  • Open your account at your favorite branch or online with promo code 500FOR2025
  • Complete the activities
    • $100 when you use your debit card
    • $200 for direct deposit
    • $200 for $1,000 minimum balance
  • Collect your Bonus(es)

(Expires 07/31/2025)

CIBM Bank $50 Referral Bonus

• What you’ll get: $50 bonus
• Where it’s available: IL, IN, WI
• How to earn it: 
  • Referred customer must open a new CIBM Bank checking account as the primary owner to qualify for the one-time Refer-A-Friend bonus credit.
  • The form must be presented in branch or referral source information must be included online at the time of account opening.
  • Minimum opening deposit of $100.00 required.
  • A $50.00 bonus will be paid to the existing and referred customers’ accounts at the time of new account opening.

(Offer expires 12/31/2025)

CIBM Bank $250 Checking Bonus (Expired)

• What you’ll get: $250 bonus
• Availability: IL, IN, WI
• Direct Deposit Requirement: No
• Credit Inquiry: Soft Pull
• Monthly Fees: $0-$7; waivable
• Early Termination Fee: Six months, $25
• How to earn it:
  • Choose High Performance, Acceleration, or Classic Checking
  • Open your account by December 31, 2023
  • Enter promo code GET2502023 during account opening
  • Complete 10 debit card transactions per month
  • Your bonus will be deposited into your account

(Expires 12/31/2023)

How to Avoid Monthly Fees

• High Performance Checking: $7, waived if minimum monthly monthly or average daily balance is maintained.
• Acceleration Checking: None
• Classic Checking: None
• Alternative Checking: $10
• Basic Business Checking: $7.50
• Premier Business Checking: Based on activity

Author’s Verdict

The $450 checking bonus is an incredible offer by CIBM Bank. Furthermore, you have a variety of checking accounts choose from. We definitely recommend you apply for this offer before it expires.

For more current offers, check out our bank bonuses page. Compare CIBM Bank rates for CDs and Savings with our best rates for Savings  and CD accounts.

Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.