In a time of statewide budget cuts, Local Government Federal Credit Union has found a creative way to support the state's emergency response personnel.
The Raleigh, North Carolina credit union has recently launched a new exclusive Visa debit card for all North Carolina rescue/EMS workers and their families.
The specially-structured card works by donating 50% of the merchant's transaction fee from every purchase to the N.C. Association of Rescue and Emergency Medical Services. Instead of fees coming out of the pockets of rescue/EMS workers and their families, store merchants pay the fees to process the debit card transactions. LGFCU simply takes 50% of the fee and directs it to the NCAR&EMS, rather than into its own revenue.
In 2003, LGFCU introduced a similar card to support the state's firefighters. To date, there are 5,000 cards in circulation and more than $250,000 has been donated to the N.C. State Firemen's Association.
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