New Mexico Educators FCU Lets MembersChoose Their Charity

Register now

ALBUQUERQUE, N.M. - (07/20/06) – New Mexico Educators FCU saidit has launched a new ‘Community Rewards’ card thatallows members to help determine how the credit union distributesgift-giving, while also rewarding the member. Members will earn aone-quarter of 1% cash reward for their signature-based purchasesand at the end of a year, the credit union will match their rewardby a quarter of 1% to the community and charitable cause they chosewhen they enrolled. Members are able to choose a community and acharitable category where the credit union may contribute thefunds. Credit union officials estimate they will raise as much as$500,000 during the first year.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER