Masonic Villages of Pennsylvania to Launch Purchasing Power® as New Voluntary Benefit Partner

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Oct 24, 2016, 09:55 ET

ELIZABETHTOWN, Pa., Oct. 24, 2016 /PRNewswire/ -- Masonic Villages of Pennsylvania, one of the state's leading providers of premier senior services, announced today it has added Purchasing Power^®, an employee purchase program, as a new voluntary benefit to its employee benefits package. Starting Oct. 27, 2016, Masonic Villages employees can purchase a wide variety of brand name consumer products and quality services through a simple payroll deduction plan regardless of their credit history.

"With more than 2,400 dedicated employees, Masonic Villages is made up of a diverse group of workers with wide-ranging financial needs," says Kristin Deck, Director of Compensation, Benefits & HRIS. "Adding a benefit like Purchasing Power to our employment package means empowering our employees with a more convenient, reliable and interest-free way to buy top products and services they want and need."

Through Purchasing Power, Masonic Villages employees now have access to 45,000 products and services, including computers and tablets; electronics; home appliances; furniture and mattresses; fitness equipment and sporting goods; nursery and baby gear; musical instruments; vacation packages; automotive service contracts and tires; and educational services including professional certifications, online college courses and SAT/ACT test preparation. The voluntary benefit program offers employees the convenience of automatic payments over time without the fees, penalties and ballooning interest associated with other payment options.

Additionally, Purchasing Power offers a comprehensive financial wellness platform that provides a holistic approach to financial education and best practices. Employees can access a number of financial tools and resources including a core financial education program, free credit report, alternative credit reporting, and rewards for saving money and paying down debt.

"More and more organizations like Masonic Villages are realizing the value of a benefit that helps employees manage their finances in a responsible, disciplined way," says Christy DeFrain, vice president of sales and account management for Purchasing Power. "Our program provides workers the opportunity to purchase valuable products such as laptop computers for students or major household appliances without having to qualify with a required FICO score. Employers are finding that their employees are less financially stressed over revolving credit issues and more productive in return."

Purchasing Power pioneered the concept of an employee purchase program as a voluntary benefit to provide a disciplined budget plan for employees to access products and services. This industry-leading benefit today is available to 7.8 million American workers through companies with 1,000+ employees, associations and government agencies.

About Purchasing Power, LLC
Purchasing Power, LLC, is one of the fastest-growing voluntary benefit companies in the industry, offering a leading employee purchase program for consumer products and services as well as providing financial tools and resources to improve employee financial wellness. Purchasing Power is available to millions of people through large companies including Fortune 500s, associations and government agencies. Headquartered in Atlanta, Purchasing Power is 'Powering People to a Better Life™' through its employee purchase program, financial literacy efforts and corporate social responsibility initiatives. Purchasing Power is a Rockbridge Growth Equity, LLC Company. For more information, visit www.PurchasingPower.com.

About Masonic Villages of Pennsylvania
A charitable arm of the Grand Lodge of P.A., F. & A.M., Masonic Villages of Pennsylvania has been in operation for more than 140 years, providing retirement living, nursing care and personal care services for property residents, as well as a children's home and community outreach services. Masonic Villages operates locations in Dallas, Elizabethtown, Lafayette Hill, Sewickley and Warminster, PA. For further information, please visit www.masonicvillages.org.

Media Contact:
Juliann Kaiser, 770.643.0615
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Joe Swaney, 404.609.5630
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SOURCE Purchasing Power, LLC