Home Credit union Franchot urges residents to shop in Maryland and buy local for the...

Franchot urges residents to shop in Maryland and buy local for the holidays | Community

4
0

ANNAPOLIS – Getting into the holiday spirit early, Controller Peter Franchot launched the annual Shop Maryland and Save for the Holidays campaign.

Franchot has once again partnered with the MD / DC Credit Union Association to provide savings to members who shop locally and support small businesses in Maryland.

Participating Maryland-based credit unions are offering reward points and incentives to members who make purchases at local businesses by the end of the year. These sales will be tracked through credit card transactions. Each credit union has established its own system to reward members.

“Small businesses have struggled to recover from the pandemic and I am delighted that Maryland credit unions continue to promote and encourage the value of supporting local retailers,” said Franchot. “This is a great opportunity for consumers to save money and a much needed boost for small businesses. “

Credit unions have worked hard to help their members recover from the devastating financial impact of COVID-19.

“Credit unions share the same deep commitment to the community as local retailers,” said John Bratsakis, president and CEO of the MD / DC Credit Union Association. “As shoppers decide where to spend their hard-earned money, area credit unions are offering incentives to buy local, such as increased reward points and lower rates, in addition to their current credit card offers. . We would like to thank the Maryland Office of the Comptroller and area credit unions for collaborating on this initiative to help revive the local economy by supporting the businesses that are the heart and soul of our communities.

State Employees Credit Union, which is the state’s largest credit union with 260,000 members across Maryland and celebrating 70 years in business, hosted the launch event on October 21 at its Berwyn branch Heights.

“Buying local is one of the most effective ways to leverage our collective purchasing power to keep our neighbors employed and help small businesses continue to thrive. They are essential to our local community and support a more sustainable way of consuming, ”said Becky Smith, executive vice president and director of strategy and marketing at SECU Maryland.

Many credit unions are joining SECU to offer increased rewards for local shopping during the holiday season, including MECU, NYMEO, and Freedom Federal. Franchot will visit their branches in Baltimore, Frederick and Bel Air to promote the Shop Maryland and Save initiative.

The Maryland Retailers Association emphasizes that its members strive to make shoppers feel safe so they can shop comfortably in stores. Many restaurants do the same to put the health of their customers and staff first.


Source link