GERMANTOWN, Md. – Members with the biggest relationship with their credit union will get the biggest benefits under a Member Value Program unveiled by Montgomery County Employees FCU this morning.
Under the program, the credit union will tally combined household balances of deposits and loans to determine how much the member will get in return. Depending on which category the member’s household is in at the end of the month will determine the extra services, additional earnings on selected deposit accounts, and discounts on loan rates and other credit union products that will apply for that month.
Unlimited free ATM’s, rebates of ATM surcharges, reduced loan rates, increased deposit rates, free travelers checks and free money orders are some of the benefits a member can earn by doing more with the $86 million credit union.
“Our new Member Value Program is our way of saying thank you for our members’ support of MC EFCU,” said Jim Norris, president of the credit union. “We have some of the best members of any credit union in the country and we want to reward them for their loyalty. The more they do, the more they get from MC EFCU and we make it easy for our members. They do not have to sign up for the program, there are no fees, and we automatically put them in the (category) that they have earned.”
