Buzz Points introduces ‘Bank Local, Buy Local’ movement to Newaygo region
Gerber Federal Credit Union introduces only rewards program designed to specifically support local communities
AUSTIN, TX (August 24, 2016) — Gerber Federal Credit Union (Gerber FCU) will now offer Buzz Points, Inc., the only rewards program designed to specifically support the ‘Bank Local, Buy Local’ movement, to its members.
Buzz Points is a free rewards program that allows consumers to earn rewards wherever they shop, offering double the points when users choose locally-owned businesses over national chains. Gerber FCU members enrolled in the program will earn points automatically through debit card purchases that can be tracked, managed and redeemed easily for gift cards, cash cards and donations to local nonprofits using the Buzz Points web interface or mobile app (for iOS or Android).
“Partnering with Buzz Points gives us the opportunity to enhance the value we provide our members,” said John Buckley, President/CEO of Gerber Federal Credit Union. “Not only will Buzz Points be the first debit rewards program available in the region, but it will also allow us to continue to deliver on our commitment to helping our local businesses thrive.”
“Studies show that shopping at locally-owned businesses over big-box retailers keeps 58 percent more profit in the community,” said Dwayne Spradlin, CEO of Buzz Points. “By partnering with Buzz Points, Gerber Federal Credit Union will be able to provide their members with better rewards while offering them a way to support their hometown economy and the businesses that meet their daily needs.”
With a continually expanding network of 82,000+ locally owned businesses nationwide, Buzz Points users can accrue double points for shopping locally, wherever they are in the United States.
In additional to earning more points for local shopping, Buzz Points users gain access to exclusive offers, rewards and virtual punch cards from Preferred Local Businesses within the Buzz Points network. This allows users to stay in the loop and be notified of relevant offers when they walk in the door of a favorite local business and earn extra perks for being a “regular.”
To enroll in the Buzz Points program, members can download the mobile app (for iOS or Android) or visit www.buzzpoints.com/gerberfcu using their Gerber FCU member number.
About Buzz Points
Buzz Points connects consumers, local businesses, and community financial institutions through an innovative rewards program that benefits all three parties. The Buzz Points Program enables credit unions and community banks to generate greater non-interest income, increase transactions, reduce account attrition, drive new loans and attract new customers, while gaining unique actionable data driven insights into consumer behaviors. The Buzz Points Merchant Program provides unique value to local business owners with opportunities to further invest in the program, attract new customers, increase loyalty, and to support the local community. Consumers benefit with rewards on every purchase, and 4X the points for purchases at local businesses.
About Gerber Federal Credit Union
Gerber Federal Credit Union provides financial services to more than 13,200 members with nearly $136 million in assets. Gerber FCU has two offices located in Fremont, MI and one in Newaygo, MI. Visit www.gerberfcu.com/youbelong and connect with us on Facebook, Linkedin and Twitter.
