A Florida credit union has begun a rewards program that encompasses all a member's accounts and targets borrowers.
USF Federal Credit Union ($587.1 million in assets, 56,687 members) pays its members up to 5% of the interest paid on loans each quarter based on their overall absolute balances in loans, savings and checking accounts.
The Catalyst Member Rewards program, launched May 31, also includes out-of-network ATM fee reimbursements, overdraft transfer fee waivers, free money orders and official checks.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
