LMCUR September 2020 Newsletter

From all of us at Love My Credit Union Rewards, we hope this issue finds you well and staying safe. At the request of many of you, we created this new monthly newsletter, to keep you up-to-date on the latest savings and value available to your members, as well as news from behind the scenes of our national affinity program.

LMCUR has been experiencing tremendous growth as members across the nation increasingly look to their credit unions for financial support and savings. Meanwhile, new corporate partners are recognizing the value of our trusted distribution network and a record number of credit unions are joining our movement to ensure their members receive every opportunity to save money.

In the last thirty days, CUSG has signed three new partnership agreements that will collectively save your members millions of dollars annually; one offer is in wireless, one in auto and one in financial security. I’m proud to share that we leveraged the collaborative strength of our amazing industry to negotiate exclusive deals for all three offers; meaning these are the best deals in market and consumers must belong to a credit union to get them. In some cases, these programs may also offer our participating credit union partners an opportunity for revenue and free loan leads.

Formal announcements will be made across September, so keep an eye on your inbox and get ready to offer your members some incredible new value in the fourth quarter.

Please enjoy the LMCUR Monthly Newsletter and thank you for being part of the LMCUR family. We appreciate your partnership and welcome your feedback.

-David Dean, COO
CUSG Marketing Solutions

Sprint Cash Rewards Program Sunset

T-Mobile officially completed its merger with Sprint Corporation on April 1, 2020. As the companies combine their customers and retail stores under the T-Mobile brand, the Sprint brand will be retired, and with it, the Sprint Cash Rewards offer. The offer was discontinued as of July 31, 2020.

If you were unable to attend our Sprint Program Sunset webinar in July, please visit our Sprint Transition Hub located in our Partner Center, where you can access the webinar recording, presentation slides, FAQs, new marketing materials and more. Sprint will help to facilitate all communications with your Sprint Cash Rewards members about the termination of the program and its impact on customers. Your only responsibility is to remove all Sprint marketing assets from your online and offline marketing channels and replace these marketing materials with our new Love My Credit Union Rewards assets that can be found in our Partner Center.

We will be back next month with some exciting developments surrounding Love My Credit Union Rewards, including an exciting new credit union member wireless discount that we will be rolling out. We believe our new offering will deliver even more value to members and credit union employees.

Want to Help Your Members Improve Their Credit Scores?

You might already know that timely mortgage payments can help with your credit score, but did you know that the same kind of monthly rental payments are almost never factored into your credit?

That's why we're excited to announce our new partnership with Rental Kharma! This innovative program collects and reports past and current rental payments to the major credit bureaus on behalf of your members, which can help instantly boost their credit scores using the monthly payments they're already making!

What's even better, credit union members get a 30% discount off of the already-low monthly service fee! For more information and to access our full suite of marketing assets, visit our Partner Center.

Help get your members the credit score that they deserve with Rental Kharma!

Prepare for Next Tax Season Now

Thank you to all of our participating credit unions for a tremendous 2019 tax season. Over 205,000 credit union members used TurboTax to complete their returns, and collectively they saved over $1.4 million. It is estimated that over $350 million in refunds were deposited at participating credit unions this year.

As we look ahead to the 2020 tax year, we are offering our TurboTax discount program again. It remains one of our most popular offerings from Love My Credit Union Rewards, and it is one that most credit union members can use. Many members will have questions about how stimulus money could impact their taxes, which is why we are hosting free live webinars.

During our webinars, you will learn:

How TurboTax can help your members navigate through the upcoming tax season.
How you can strengthen member relationships by helping your members save on TurboTax.
How you can tie tax refunds to your core products and services to improve member engagement.
How to remind your members that financial health matters all year long, not just at tax season, and what they can do now to save on their taxes.

To learn more and register, simply click on one of the links below and sign up for the webinar that works best for your schedule. We look forward to showing you how LMCUR and TurboTax benefits both your credit union and your members!

Wednesday, Sept. 30 at 1:00 PM ET
Thursday, Oct. 8 at 2:00 PM ET
Thursday, Oct. 15 at 1:00 PM ET