ANNAPOLIS, Md.–The MD|DC Credit Union Association and its participating member credit unions are again partnering with the state of Maryland to provide savings to members who shop locally through the annual Shop Maryland and Save for the Holidays campaign.
Maryland Comptroller Peter Franchot said the objective is to help Marylanders get into the holiday spirit and to encourage Maryland credit union members to save even more with incentives from participating partners.
Participating credit unions are offering rewards points, low-interest rates, and other incentives to members who make purchases at local businesses from now until the end of the year, according to the association.
Each credit union has established its own rewards and ability to track local purchases.
“Credit unions are deeply committed to the communities they serve,” said John Bratsakis, president/CEO of the MD|DC Credit Union Association. “To support consumers and area small businesses feeling the pinch of a tough economy, credit unions are offering a range of incentives like increased rewards points and lower credit card rates for shoppers who buy local this holiday season. We want to thank the Maryland Comptroller’s Office and credit unions in the region for collaborating once again on this impactful initiative.”
Participating for Third Year
According to the MD|DC Credit Union Association, State Employees Credit Union (SECU), the state’s largest credit union with 260,000 members, is participating for the third year to maximize every dollar their members spend locally.
“Across Maryland, countless small businesses serve as the heart of our communities — retailers, restaurants and services. Supporting these local businesses throughout the year, but especially during the holiday season, reinvests in our communities,” said Dave Sweiderk, president and CEO of SECU. “Participating in SHOP MD and Save for the Holidays, the added rewards help Marylanders stretch hard-earned dollars farther as they shop and prepare for the holidays.”
The association said many other credit unions are also offering increased rewards for shopping locally this holiday season, including MECU, Educational Systems Federal Credit Union and Destinations Credit Union.
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