'Bonk' with Telesis Community Credit Union!

Credit Union ManagementVol. 33 Nbr. 6, June 2010

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Summary


Obviously credit union members will always be drawn to monetary incentives, but aside from cold, hard cash, perhaps nothing motivates members like "stuff." The $463 million/40,000-member Telesis Community Credit Union, Chatsworth, CA, has created a unique relationship program that rewards members with everything from gadgets to gift cards for the business they do with the credit union. With Bonk Rewards members earn points on a monthly basis or on a one-time promotional basis. Jason Hansen, marketing manager at Telesis Community CU, says primary impetus of the program was to entice members to use their debit cards for point-of-sale purchases. One thing this program helps them do is educate what financial services they have available, Hansen said.

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'Bonk' with Telesis Community Credit Union!

Obviously credit union members will always be drawn to monetary incentives, but aside from cold, har...

See the full content of this document

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