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Regional Federal Credit Union of Indiana Joins Consumer Cellular Partnership Plan.


Business Editors/High-Tech Writers

PORTLAND, Ore.--(BUSINESS WIRE)--Nov. 13, 2003

Consumer Cellular, an alternative wireless service provider, today announced that Regional Federal Credit Union (RFCU RFCU Rockwell Federal Credit Union ) of Indiana has joined its credit union partnership plan. RFCU, with more than 16,000 members, is an expanding local teacher's credit union in Northwest Indiana Northwest Indiana, also known as The Calumet Region, or just The Region, is comprised of Lake, Porter, LaPorte, Newton, and Jasper counties in Indiana. This region neighbors Chicago, Illinois and Lake Michigan, and is also the Indiana component of the Chicago .

The Consumer Cellular Credit Union Partnership plan is a unique program developed to enable credit unions to offer discounted cellular services to their members as a benefit -- with significant advantages to be gained by the credit unions that participate in the program. As a reseller of cellular service, Consumer Cellular buys cellular services in bulk from national carriers such as AT&T Wireless and Verizon Wireless Cellco Partnership, doing business as Verizon Wireless, owns and operates the second largest wireless telecommunications network in the United States, based on total wireless customers. , and resells the service under its own brand name to various market segments, including credit unions. The large combined buying power Buying Power

The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available.

Also referred to as "Excess Equity.
 allows Consumer Cellular to offer some unique options that are not available directly through traditional carriers.

"As a member owned and operated financial institution, we are committed to providing excellent and ever-expanding personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 services to our members. At RFCU, quality service is our goal; by partnering in the credit union plan we can offer unique benefits to our members that weren't available before," said Rhonda S. Terpstra, Information Coordinator for Regional Federal Credit Union of Indiana. "It's a simple and cost-effective program with a huge upside. We are excited to be involved with Consumer Cellular and offer this program to our members."

Participating credit unions receive a financial incentive for every member that signs up for the cellular service plan through Consumer Cellular. Member benefits include 10 percent off all monthly fees and home airtime air·time  
n.
1. The time during which a radio or television station is broadcasting. Also called airspace.

2. The time at which a radio or television program is broadcast.
 charges with no restrictions and no long-term contracts. Consumer Cellular manages the entire member sign up process including the creation and distribution of inserts, branch flyers and notices to credit union members.

"Through this plan, members can enjoy national cellular service plans at a significant cost-savings while credit unions can boost member retention and open new revenue streams. It's a win-win program for everyone involved," said John Marick, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Consumer Cellular.

Consumer Cellular will be exhibiting at the Credit Union Association of Oregon 67th Annual Meeting and Convention, taking place at the Doubletree Jantzen Beach Jantzen Beach Amusement Park was a popular amusement park from 1928 to 1970 in Portland, Oregon, on Hayden Island in the middle of the Columbia River. "The Coney Island of the West"  Hotel, November 13 and 14 in Portland, Oregon.

About Consumer Cellular

Consumer Cellular is an alternative wireless service provider. The company purchases cellular services from the nation's largest providers including AT&T and Verizon at a substantial discount -- passing along the savings to associations, businesses and consumers. Headquartered in Lake Oswego, Oregon Lake Oswego (IPA: ɔs wiː ɡo) is a city in Clackamas County, Oregon, United States. (Small parts of the city extend into Multnomah County to the north and Washington County to the west. , Consumer Cellular launched in 1995 and has grown into one of the country's top resellers of cellular service, providing service in 16 states. For more information, please visit http://www.savecell.com.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 13, 2003
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