American Airlines FCU Gives Away Cars to Boost Business

Published August 24, 2007, 1:16 p.m. EDT

|

Updated August 27, 2020, 1:42 a.m. EDT

1 Min Read

FORT WORTH — American Airlines FCU said it awarded one lucky member a 2007 Ford Escape hybrid, one of five vehicles the credit union giant is giving away to help increase sales. The credit union's "Road to Success Sweepstakes" offers members an entry into a drawing for one of the five vehicles by opening one or multiple new accounts or products. The first winner was Kenneth Phelps, a retired American Airlines pilot and a credit union member since 1955. The sweepstakes began July 1 and will run through Nov. 30. The $4 billion credit union will be giving away one new vehicle each month until then, including a Ford Edge, Chevrolet Silverado, Chevrolet Tahoe and Toyota FJ Cruiser.

Processing Content

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Community banking

How community banks can respond to large bank credit cards

There are several options for smaller banks, including working with an agent bank, according to payment experts.

By Cheryl Winokur Munk

1h ago
Bank Notes

Maybe struggling banks can offer prediction markets

The sixth bank failure this year shows that even as the industry overall is very profitable, there are pressures on a lot of banks that aren't the biggest.

By Paul Vigna
Managing Editor

1h ago
Credit cards

How credit cards are playing into the Kansas Senate race

Bankers have taken out ad buys against incumbent Republican Senator Roger Marshall of Kansas as he struggles to hold what has traditionally been a ruby-red Senate seat.

By Claire Williams
Reporter

1h ago
Failures

Embattled California bank is latest to fail

The $736 million Orange County bank had faced a smattering of enforcement actions over the years, including for concentration risks, governance issues and questionable insider transactions.

By Ebrima Santos Sanneh
Reporter

September 25
ESG

What climate finance means for portfolios

As the U.N. renews its call for $1.3 trillion a year in climate finance, four leaders in climate finance say the biggest question for advisors is where that money goes.

By Grace L. Williams
Reporter

September 25
Insurance

State regulators push back on Sen. Warren's insurance probe

The National Association of Insurance Commissioners responded to a query from Sen. Elizabeth Warren about risks to policyholders stemming from private-equity ownership of life insurers.

By Kate Berry
Reporter

September 25

Load More