Deal Offers CU Members Discounts On Cell Phone Service

Published February 22, 2009, 3:14 p.m. EST

Updated August 27, 2020, 12:48 a.m. EDT

1 Min Read

HARRISBURG, Penn. – The Pennsylvania CU Association said Friday its credit unions can now offer their members discounts on wireless phone services through Sprint Nextel. More than 240,000 credit union members nationwide are already receiving discounts on wireless services through this plan.

Processing Content

The deal includes: a 10% discount on monthly recurring charges; a 15% discount on corporate monthly recurring charges; waived activation fee on all new lines; waived upgrade fee; and national coverage with no roaming or long distance charges.

Participating credit unions will receive a marketing incentive based on program revenue.

MORE FROM AMERICAN BANKER

Bank Notes

Even without Clarity, crypto is the least of the challenges banks face

The Clarity Act's failure is a relief for banks that didn't want even more competition. But the crypto industry wasn't a major headwind for banks anyway.

By Paul Vigna
Managing Editor

2h ago
CHIME

Chris Britt still says banking is broken, but Chime can fix it

Over the last 14 years, Chime has risen from fledgling fintech to a poster-child for what successful bank-fintech partnerships can look like. Now, as the neobank stands on the precipice of owning its own bank, it faces new challenges as it gears up to go toe-to-toe with some of the country's largest banks.

By Joey Pizzolato
Reporter

6h ago
Practice and client management

New Kitces research pegs the winners and losers in marketing ROI

A new study based on a survey of more than 500 advisory practices by The Kitces Report sheds light on how the fastest-growing firms are spending their marketing dollars.

By Tobias Salinger
Chief Correspondent

September 15
Auto lending

Under new CEO, Truist is exiting near-prime auto lending

As Truist Financial implements the strategy of Chief Executive Michael Lyons, the bank is dropping near-prime auto lending, a business that it says doesn't play to its strengths.

By Nathan Place
National Reporter

September 15
Secondary markets

Fannie servicers can contact consumers about MI cancellations

Bill Pulte, FHFA director, has ordered Fannie Mae to update its servicer guide to mirror Freddie Mac policy regarding notifying borrowers about dropping MI.

By Brad Finkelstein
Originations Editor

September 15
American Express

Amex accelerates its encroachment on business banking

A high-yield savings account, incentive marketing and artificial intelligence-powered payroll are new additions to a long-standing strategy to lure clients away from fintechs and banks.

By John Adams
Executive Editor, Payments

September 15