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Montgomery County Employees Federal Credit Union Adds New, Multi-Benefit Platinum Rewards Credit Card to Member Offerings

Visa Platinum Card Features No Annual Fee, Balance Transfer Fee, or Cash Advance Fee

GERMANTOWN, MD (May 7, 2013) – Montgomery County Employees Federal Credit Union (MC EFCU), a Montgomery County, Md.-based full-service financial institution, has just introduced a new Visa Platinum Rewards Card that offers members a robust rewards program, with benefits such as a cash-back option, gift cards, merchandise and travel savings.

“We were proud to have been seventh in the nation for credit card growth in 2012, among credit unions,” said Jim Norris, President and CEO of MC EFCU. “One thing we learned from a recent, comprehensive member survey was that our members really valued having a credit card that offered a variety of rewards. Through our research, we found that more than 35 percent of them already had a rewards card from another financial institution,” said Norris, “so we wanted to be able to provide a high-quality option to those offered by the out-of-town banks. I’m pleased to say the result is this new Visa Platinum Rewards Card, with reward benefits that are second to none.”

Notable features of the MC EFCU Visa Platinum Rewards Card:

A low variable rate for purchases, balance transfers and cash advances.
An even lower introductory rate of on balance transfers and purchases, for the first 12 months.
No annual fee.
No balance transfer fees or cash advance fees.
Credit lines up to $30,000.
2,500 immediate bonus points when a new card is opened.

MCEFCU selected PSCU as the processor for the new rewards card, based on the firm’s track record for value, quality member service, and efficiency in its administration of credit card programs.

Montgomery County Employees Federal Credit Union primarily serves Montgomery County government employees and recently expanded its charter to be able to serve additional public sector employees, retirees and family members from other Montgomery County agencies, including 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.

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.