Upper Michigan Credit Union Receives National Recognition For Service

Filed under: SIR Federal Credit Union |
SIR Federal Credit Union

I like my credit card I have from SIRFCU in Gwinn

Negaunee  -  March 5, 2013  -   SIR FEDERAL CREDIT UNION has won a 2013 CAMEO Award from the national credit union cooperative, Card Services for Credit Unions.  CSCU is a national group that maximizes value for both credit unions and their members. CSCU’s service offerings are focused on driving the growth and success of nearly 3,000 member credit unions.

 SIR Federal Credit Union has been awarded 2nd Place in the Acquisition category for credit unions with less than $100 million in assets.  The award is based on the success of SIR Federal Credit Union’s new credit card campaign.

According to SIR Federal Credit Union CEO Ron Lauren, in the first 12 months of the program, SIR generated customers for a total of 671 cards with a limit of $3,472,850, current GL balance of over $1.4 million, a current balance transfer of $966,062 and rewards points offered of 133,000. This represented an approval rate of 94.3%. The structure used for the new card rate was based on the member’s credit score. The best scores received a rate of 8.90% with the lower scored members receiving 11.9%.

SIRFCU offices in Negaunee will get you a new Master Card Credit-Debit card

SIRFCU offices in Negaunee will get you a new Visa Credit-Debit card

Lauren also said without the help of the employees talking and referring the new card to members, the program would not have grown to such a large, successful degree.

SIR Federal Credit Union serves people, businesses and organizations that reside, work, worship or go to school in Marquette, Iron, Alger, Dickinson, and Baraga counties.

 

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