Generations Credit Union

Michigan First Credit Union Continues Leadership in Youth- and Young-Adult ...

Recognizing that younger consumers require the same level of support to succeed financially, Michigan First Credit Union ( http://www.MichiganFirst.com ) continues to grow its roster of youth- and young-adult oriented products and services with the launch of its new private student lending program, Student Choice, and the momentum of its Young & Free Michigan program.

Bringing Students Convenient Access to Competitive Loans for Education

Partnering with Credit Union Student Choice, Michigan First's new student lending program will help students fill the funding gaps that often remain after lower-cost sources of financial aid, such as scholarships, grands, and Federal Stafford loans have been exhausted.  Unlike other alternative loan products, Michigan First's Student Choice private education line of credit loan solution offers students significantly lower rates, zero origination fees and more flexible repayment terms.

"It's critical to build a strong financial foundation at a young age," said , president and CEO of Michigan First. "Michigan First is pleased to offer this new Student Choice student lending program because it will help students and families achieve their dreams of a higher education, without the higher price tag often associated with private student loans."

The program will be available to undergraduate students enrolled at least half-time in a four year degree-granting program at a public or private non-profit school and will help pay for tuition, books, room and board. For more information on Michigan First's Student Choice, visit www.MichiganFirst.com/College .

Youth- and Young-Adult Focused Initiatives Build Momentum

The student lending program is just one of several youth- and young-adult oriented initiatives that Michigan First has launched in recent months, including Young & Free Michigan ( www.YoungFreeMichigan.com ), a program designed to create relationships with members of Gen Y by providing useful information to manage their finances independently.

Since its launch in events like the Downtown Hoedown.

Young & Free Michigan's flagship product offering, the First Gear Account , is the ultimate toolkit for Gen Y, offering special tools to help young adults gain momentum in the real world, including MoneyNow overdraft protection plus "Oops Forgiveness" – giving accountholders the ability to refund one overdraft protection or NSF fee every six months after a waiting period. The account also provides three free foreign (non-Michigan First or credit union CO-OP) ATM withdrawals monthly, and a 1 percent  discount on a new auto loan. Since Young & Free Michigan's launch, more than 1200 First Gear accounts have been opened and Michigan First is on pace to open 3000 First Gear accounts within the first year.

First Time Car Buyers Get A Boost From Generations Federal Credit ...

First Time Car Buyers Get A Boost From Generations Federal Credit Union

70-year-old credit union will offer a comprehensive workshop on first time car buying

San Antonio, Texas (PRWEB) August 05, 2011

Generations Federal Credit Union(formerly San Antonio City Employees Federal Credit Union) will offer guidance and tips to first time car buyers with a comprehensive workshop entitled “Keys To Cars and Cash.”

Topics covered during the workshop will include: the true cost of owning and operating a vehicle, what you should know before you begin shopping for a car, evaluating used cars, financing, applying for loans, how warranties and service contracts work and what is a co-signer and do you need one.

“Let’s face it, buying that first car can be an overwhelming, scary and confusing experience, especially if a student has only been driving for a few years,” said Kimberley Portie, Generations Student Ambassador. “We asked first time car buyers what was the most stressful part about buying a car and from that input we created this fun and insightful workshop. No one likes to feel like they’ve been suckered, especially on high-ticket items, so Generations wants to help students avoid those traps and get them on a road to success.”

The “Keys To Cars and Cash” first time car buying workshop will be held on Tuesday, August 16 at the Generations branch located at 9311 San Pedro from 5:45 p.m. to 7 p.m. Attendees will receive takeaway materials such as checklists, white papers and a chamois (sham wow). Seating is limited. To register visit the Financial Education page on the Generations website.

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For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2011/8/prweb8695055.

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