It pays to be a Montgomery County Employees Federal Credit Union member.
|As a thank you to members for their loyalty, the $86 millioncredit union has launched a member value program.
|Designed as a way to help members save and earn even more withthe Germantown, Md.-based credit union, the program rewards membersbased on combined household balances of deposits and loans.Members' accounts within the household are placed in one of fourtiers ranging from basic, which is balances up to $7,499.99, tosweetest tier of $50,000 and up. Depending on which tier themember's household falls in at the end of the month, determines theextra services, additional earnings on selected deposit accounts,and discounts on loan rates that will apply for that month.
|“We have some of the best members of any credit union in thecountry and we want to reward them for their loyalty. The more theydo, the more they get from MC EFCU and we make it easy for ourmembers. They do not have to sign up for the program, there are nofees, and we automatically put them in the Tier that they haveearned.” said Jim Norris, CEO of MC EFCU.
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