Last week we talked about ways that all of you parents with
school aged children can save money this time of year. This week, we’re talking about ways college
students getting ready to get back into focus for the fall semester can save a
few bucks. Even as a college student, it’s never
too early to start looking at your financial future and Honor is here to
help! Here are three ways that credit
unions can help college kids save money:
1) Techy Resources – The old myth that
credit unions don’t have all the cool and convenient technology resources that
the big banks have is just that…a myth!
We know that as a college student, you are BUSY! You need tools like online banking, an easy
to use mobile app, mobile deposit capture that lets you deposit checks with
your smart phone, HonorPay that lets you pay back virtually anyone anywhere all
from your phone, and automatic bill pay so that you never have to remember to
pay for your cell phone bill so that you can use all these fancy tech tools on
the go! You want to access your account
in a way that’s easy for your on-the-go lifestyle from wherever in the country
that your education is taking you, and credit unions tech tools make that
possible!
2)
Easy
Access - Moving away for school, but need to have access to your account
from your hometown? No problem! When you’re a member at a credit union like Honor,
you have access to 30,000 surcharge-free ATM’s and 5,000 shared credit union
branches! This means you can take care of your financial needs through your
honor account at any of our shared branches! To find a list in your area, visit
honorcu.com. Between shared branching
and accounts like Honor’s Benefits Checking that reimburses up to $20 in ATM
fees every month if you meet a few simple requirements and the techy resources
we already talked about you can access your account from virtually anywhere you
are.
3)
Student
Loans. Did your federal loans, scholarships, and grants not quite cover
tuition this semester? Many credit unions like Honor offer private student
loans with competitive rates. Through our partnership with SallieMae, Honor
Credit Union now features the Smart Option Student Loan. This is an ideal solution to help cover the
extra costs that always seem to pop up when it comes to higher education.
Don’t forget to
follow Honor on Twitter @honorcu! Tweet
us and let us know what you want to hear us talk about on Mason Jar Monday next
week using #askhonorcu!