![]() ![]() The ultimate goal at the end of the day is membership conversion - and that starts with giving them the tools they need to be empowered financially, starting now. We’re going to use it more specifically for high school students soon, but our goal is to ultimately convert those users into members and then have them open checking accounts or loan products or something similar. Z: What are your credit union’s goals with Zogo?ĪG : Ultimately our goals are to not only convert those students - I mean, we’ve seen a nice range of age groups using it so far. Zogo is just a really nice, easy way for us to do that. OnPoint Community Credit Union serving Oregon & Washington with savings accounts, credit cards, home & auto loans, and more. So I think it’s really important to do what we do: to go out and show kids that talking about money is okay, budgeting is not a bad word, learning to live within your means is okay. So having to go through life and kind of learn those lessons the hard way has made it really difficult. For me, growing up money was always such a taboo subject. Z: Why do you all believe these financial education initiatives are important? Why should credit unions be investing in these kinds of programs?ĪG: I don’t think that kids get exposed enough to finance and financial lessons growing up. The credit union has assets totaling 300.61 Million and provides banking services to more than 28,000 members as of February 2023. It’s been really nice, we’ve even had an uptick in users just in the past week or so. Unity One Credit Union has been open since 1993. Z: I imagine having a digital option for financial education - as opposed to working directly with students in classrooms - has been helpful these past several months!ĪG: Yes, absolutely. Member (s) must be in good standing with One Credit Union to qualify. Completed SAP forms must be received at least seven (7) business days before the loan payment due date. It helps reinforce the idea of the importance of financial education when students are in high school. One Credit Union reserves the right to deny any SAP requested. So Zogo compliments what we were already offering and everything we’re already doing. Zogo: How does Zogo factor into Unity One’s approach to financial education?Īlyssa Guillory: We were already doing a lot of in-person financial education, such as budgeting activities for high school students, and this just complements it and helps us meet students where they’re in terms of cost, availability and the things that they’re interested in. Ensuring safe and sound operation of state-chartered credit unions in Kansas. Zogo caught up with Vice President of Marketing Alyssa Guillory to discuss the importance of financial literacy and how Unity One is using the app to teach high school students the ins and outs of personal finance. The credit union has also partnered with Zogo to enhance their financial education initiatives. ![]() Today, Unity One continues to serve members across Texas, Kansas and Minnesota, bringing smart solutions to the table to help members live life more boldly and achieve financial success. Another benefit is our volunteer Board of Directors who are elected by the membership and who works to secure your financial goals.In 1927, the financial cooperative that eventually became Unity One Credit Union was created by a small group of railway clerks with the Great Northern Railroad located in Minnesota who needed a financial institution that would work for the benefit of everyday people like them. Our mobile app is FREE and allows you to: Pay your bills Pay your friends Turn your debit card on/off with the tap of a button Deposit checks View your account balances View recent transactions. During his tenure, the credit union grew from 46 million in assets in 1994 and 9,925 members to 307 million in assets and 29,205 members at the end of 2021, according to Unity One’s Call. To reflect this unique benefit of credit union membership, our profits are returned to members in the form of lower rates on loans and greater returns on savings and investment accounts. With the Unity One Credit Union Mobile Banking App, you can safely and securely access your accounts anytime, anywhere. That's our purpose as a member-owned, not-for-profit cooperative. Unlike other financial institutions, we work for your benefit. This small group of employees recognized the need to provide an alternative to "for-profit" financial institutions that wouldn't make loans to people of average means and usually charged high rates and fees.įrom our humble beginnings, we have continually strived to promote thrift and provide low-cost loans to members, exemplifying the credit union philosophy of "people helping people". In 1927, the Credit Union that eventually became Unity One Credit Union was created by a group of railway clerks with the Great Northern Railroad located in Minnesota. ![]()
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