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Utilities Employees Credit Union (UECU) Helps Utility and Energy Employees Get Financially Fit in 2019

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Utilities Employees Credit Union

Wyomissing, PA, January 11, 2019 – Since 1934, UECU has been committed to America’s utility and energy employees, providing competitive rates, rebates, and rewards that help individuals and families reach their financial goals. In 2018, members received savings rates significantly higher than the national average. Those looking to borrow, saved thousands of dollars with UECU’s car-buying service, first-time homebuyer program, student loan solutions, and the Visa® PowerCard™.  Members also received reward points on their debit and credit card purchases which they redeemed for cash back, loan rate discounts, and gift cards.  

In addition to premium financial benefits, UECU also provides utility and energy employees with access to financial wellness resources, including the Essential Life Tips newsletter. In the January edition, the Credit Union offers an easy-to-use guide for getting financially fit in the New Year. The guide includes three vital steps – debt assessment, developing a plan to pay down high-interest credit cards and loans, and goal setting. This step by step guide aids employees in identifying where they stand financially, getting a handle on debt, and developing a plan to move forward with accomplishing their goals in 2019. 

To help employees stay on track all year long, the Credit Union offers financial wellness workshops – onsite and virtually. National Account Representatives are also available to meet with employees one-on-one. If you’d like to learn more about UECU’s premium financial benefits for utility and energy employees, contact Yvonne Paegel at 800-288-6423 Ext. 4018 or ypaegel@uecu.org. To access the Credit Union’s Essential Life Tips newsletter with the guide to getting financially fit in 2019, visit https://uecu.org/info  and click on Essential Life Tips.

 *According to RateWatch.com on December 21, 2018; average rate used was for Premium Money Market deposits under $10,000. Deposits greater than $10,000 earn 7X the national average or less.  As of January 1, 2019, Advantages Money Market Savings™ Account holders with balances less than $10,000 earn an Annual Percentage Yield (APY) of 1.10%. No minimum balance required to earn APY. APY is subject to change and may be withdrawn without notice. Minimum daily balance of $2,500 required to avoid $10 monthly fee. Federally insured up to $250,000 by the National Credit Union Administration.  See www.uecu.org for details.

About Utilities Employees Credit Union

UECU was formed in 1934 to fulfill the financial needs of America’s utility employees and their families. Today, UECU is a billion-dollar financial institution that serves its 48,000 members nationwide as a “virtual-service” credit union. As a not-for-profit cooperative, without shareholders or branches to maintain, UECU returns profits to its member-owners through financial rewards, and exceptional rates on loan, credit card, savings and checking products. Members have access to a wide array of mobile and online banking services, and exclusive benefits including financial education, wealth management, insurance services, and scholarships. UECU is among the six percent of U.S. credit unions to receive the Best of Bauer Status for having earned BauerFinancial’s 5-Star Rating for financial strength for over 25 years! To learn more about UECU’s exclusive member benefits, visit www.uecu.org .

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