GFA Federal Credit Union

Back to Blog List

Topics/Previous Posts

  • Jul 20, 2020

Promoting Local Businesses and Rewarding Members

GFA recently launched a program called BOLT which allows the Credit Union to offer better, more relevant benefits to its members while encouraging local shopping and promoting small businesses.

Members with a BOLT checking account at GFA now have value-added, money saving benefits as a part of their checking account. Practical perks such as roadside assistance, cell phone protection, fuel discounts, and health savings discounts are woven into the majority of the checking account lineup, alleviating the need for members to pay individually for these items.  

The opportunity for a local small business to offer a discount is an easy and very low cost way to encourage more business from the thousands of loyal and local members that have a relationship with GFA Federal Credit Union. Joining the discount network presents no upfront cost to the local business other than the cost of the discount it offers. Members can easily find the discounts at participating local businesses through the BOLT mobile application, that GFA created as part of this project.

“It’s a win-win all around,” said Tina M. Sbrega, President & CEO of GFA Federal Credit Union. “This year has brought challenges and hardships none of us could ever have prepared for, and the BOLT program is one extra thing that we can offer for our members and local businesses in the communities we call home.”

Each checking account type is tied to various levels of benefits, since different families have various needs. One of the most immediate savings is tied to the use of the BOLT by GFA app. Members of the credit union download the app, available in the Apple App Store or Google Play Store, and immediately are plugged into a national savings network. Substantial is an accurate word to reflect the depth of savings. The savings network has more than 400,000 local and online merchants all across the country, layer that into the 24/7 roadside assistance, cell phone protection, identity theft restoration, fuel rewards and pharmacy/health savings benefits and it’s easy to see the effect.

“In my family of four, we have four cars and four cell phones. I was able to cancel our cell phone insurance and AAA, saving our family at least $200 per month. That doesn't include the fuel reward savings, prescription benefits and discounts through the BOLT by GFA app. The impact of the savings for our family has been notable immediately,” said a long time GFA Member.

Are you a small business looking to join?
We are local and are proud to support local businesses.

While members of the credit union are able to save money, the support of businesses in the area is also a critical mission of GFA. This year has been hard for most small businesses, and we want to do everything we can to help drive traffic to stores, restaurants and hotels, which is why any business can sign up to be a part of this savings network.

As more and more consumers become financially conscious, it makes sense to want to be included. One of the best parts? You don't have to be a member of the credit union to be in the network. While we’d love the chance to be your credit union, that isn't a requirement. If you want your business to be a part of this program – call us, we’ll sign you up. What is good for local small business is good for our community, and that is the ultimate goal.

For more information on the program, visit www.gfafcu.com, email marketing@gfafcu.com, call 978-632-2542, or stop by any of our locations.

Back to Blog List

© 2022 GFA FCU
229 Parker St, Gardner, Massachusetts 01440 US
Close