CIBM Bank Promotions: $50, $300, $600 Checking, Business, Referral Bonuses (IL, IN, WI)

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

Update 1/13/26: There’s currently a $300 or $600 business checking bonus valid through 3/31/26 and a $50 referral bonus good through 12/31/26.

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 $300 or $600 Business Checking Bonus

• What you’ll get: $300 or $600 bonus
• Availability: IL, IN, WI (Bank Locator)
• Direct Deposit Requirement: Yes
• Credit Inquiry: Soft Pull
• Monthly Fees: $7.50 (if minimum balance falls below $500)
• Early Termination Fee: Not listed
• How to earn it:
  • Open a new Basic Business Account, make deposit(s) totaling your target amount, maintain the minimum balance of your choice, and give your business a bonus.
  • To qualify for the $600.00 bonus,
    • the new account must reach a minimum balance of $25,000 within the calendar month of account opening or the calendar month following account opening and
    • maintain the minimum balance of $25,000.00 in each of the three calendar months following the month of account opening.
  • To qualify for the $300.00 bonus,
    • the new account must reach a minimum balance of $10,000 within the calendar month of account opening or the calendar month following account opening and
    • maintain the minimum balance of $10,000.00 in each of the three calendar months following the month of account opening.
  • Bonus(es) will be paid within 150 days of account opening provided specific requirements per bonus have been met.

(Expires 03/31/2026)

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 12/31/2026)

CIBM Bank $500 Checking Bonus (Expired)

• 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)

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.