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Montgomery County Employees Federal Credit Union Adds New iPad Application to Growing Array of Online Services

Survey Data Shows 53% of Members Report Using Mobile Devices for Internet Banking

Germantown, Md. (January 18, 2013) – Montgomery County Employees Federal Credit Union (MC EFCU), a Montgomery County, Md.-based full service financial institution, federally chartered as a credit union, has introduced a new iPad application to its growing suite of online banking applications and services.

Industry research and MC EFCU’s own membership surveys indicate the growing importance of mobile and tablet applications, in terms of their impact on customer use of online banking and financial management services. According to the results of a recent MC EFCU member survey, 53% of members reported using a mobile device and/or tablet for their online banking services instead of using a PC to access their financial institution.

“We are continually working to provide our members with high quality, state-of-the-art technologies and applications that assure them of the best possible service and methods of handling their finances, safely and securely,” said Jim Norris, MC EFCU CEO. “We’re pleased to introduce the new iPad app, along with other mobile applications, as they are becoming such an important new tool for our members.”

MC EFCU provides superior, technology-driven, value-oriented, service to its members through partnerships with Inuit Financial Services and through its Member Value Program. MC EFCU partners with Inuit to answer the online and mobile financial management needs of its customers. The Member Value Program provides members with a way to save and earn more with the credit union.

Recently, MC EFCU expanded its charter to be able to serve additional public sector employees from Montgomery County agencies, including employees and retirees from both Montgomery County Public Schools and Montgomery College. MC EFCU also provides an opportunity for membership to individuals who are supporting members of the non-profit ARC of Montgomery County.

For more information about the Montgomery County Employees Federal Credit Union, visit www.mcefcu.org.

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About Montgomery County Employees Federal Credit Union:
Montgomery County Employees Federal Credit Union offers its members a comprehensive portfolio of banking products and services. MC EFCU provides all of the conventional products and services an individual expects from a financial institution, but also provides its members with access to the latest state-of-the-art products and services. Mobile banking, text banking, on-line banking and bill pay, are just some of the cutting edge financial services MC EFCU offers to its members. MC EFCU serves the employees of government agencies in Montgomery County, Md., as well as those from a number of other area organizations and companies. Visit: www.mcefcu.org for more information.