2011 Credit Union Checking Study
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5 new services credit unions are offering

Get perks through rewards programs
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To encourage members to use more of their products and services, some credit unions offer rewards programs featuring perks such as free traveler's checks, free withdrawals from ATMs not owned by the credit union, and reduced car loan and mortgage loan rates.

With some credit unions, when you earn a certain number of points -- usually by using more services or buying more products -- you can get a lower interest rate on a car loan or mortgage loan.

PSCU introduced a member rewards program for its credit union clients less than two years ago, Fagan says. By accessing a website that's linked to an online banking site, credit union members can explore a variety of options for earning targeted rewards such as a vacation trip or a digital camera. Members can also convert points into charitable donations.




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