BATON ROUGE, La. - Premier Bank said it will issue an affinity credit card for Grambling State University of Monroe, La. Premier will donate $5 and a percentage of the purchase volume to the university and its GSU Foundation.

The Grambling State University Visa comes with a 9.9% introductory rate through March 31, 1996. Cardholders can earn a rebate of as much as 1% on purchases they make with the card, which will be credited to the cards on their anniversary date.

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