Blue Federal Credit Union launches new member rewards program

BOULDER, CO (August 1, 2016) — Blue Federal Credit Union is proud to introduce ‘Rewards for Life’ – a new rewards program unique to Blue. All Blue FCU members are currently eligible to start earning the benefits of the Rewards for Life program. New members are also eligible at the moment of joining the Credit Union.

Rewards for Life was established as a way to say ‘thank you’ to the membership for their loyalty and business over the years.

“We love rewarding members. Rewards for Life is a way for Blue to say thank you to our most participating and loyal members for being part of the Credit Union,” said Rich Scholes, Chief Operating Officer at Blue Federal Credit Union.

Members are rewarded based on their participation in the credit union and years of membership. There are three levels to Rewards for Life – Silver, Gold, and Sapphire, with Sapphire being the highest level with the most benefits. The more business you have with the Credit Union, the more rewards you will receive.

A Rewards for Life score is automatically generated for each member to determine what level of the program they fall into. A member’s rewards score is determined through a combination of the number of unique services, length of membership, and total savings and loan balances.

Members will benefit from rewards in the form of loan rate discounts, deposit rate increases, and even waived fees. Sapphire members are able to earn as much at 4.00% APY* on balances up to $15,000 with Blue’s free Extreme Checking account. This rewards rate soars far above any other free checking account available in the region.

The Rewards for Life program offers a way for Blue members to get more out of their relationship with the Credit Union.

To learn more about Rewards for Life, please visit our website at

* Annual Percentage Yield (APY) is paid on the portion of the balance up to $15,000 if criteria and rewards level is met, and 0.25% APY paid on the portion of the balance above $15,000 if criteria are met. If you do not meet the criteria per qualification cycle, your account will earn a base rate of 0.00% APY; however, it will not receive ATM fee refunds for that time period. All Debit MasterCard® transactions must post and clear prior to the end of the qualification cycle. No minimum balance required. Available to personal accounts only. No monthly service charge. Certain Rewards for Life criteria must be met to earn maximum dividend. **ATM fee refunds up to $21 per qualification cycle, $3 limit per transaction when criteria are met. If this is your first monthly qualification cycle as an Extreme Checking member you will receive the appropriate reward rate on your balance from the date of enrollment and the disclosed ATM fee refunds that occurred on or after your enrollment date regardless of whether or not you met all of the criteria. Limit one (1) Extreme Checking accounts per member.

About Blue Federal Credit Union

Blue Federal Credit Union is a not-for-profit financial institution serving communities across Wyoming and Colorado as well as members worldwide. Our purpose is to create a true cooperative connected to and inspired by the communities we serve and to help discover new pathways to realize your possibilities. To learn more about joining Blue, visit


Michele Bolkovatz, VP of Public Relations
Blue Federal Credit Union

More News