Some financial institutions still view this group as a losing proposition. Credit cards Reaching this age group makes sense now and for the future. If your credit union is moving toward remote access banking, you ll be able to serve young members wherever their studies take them. MoneyMix can help you develop and solidify those relationships.
Research shows that PFIs tend to form at a young age and stick.
If you re their PFI when they re 19, you ll probably be their PFI when they re 29. That s when they ll come to you looking for a mortgage, a new-vehicle loan, or a place to save for someone else s college education. American youth are ignorant. It s that simple. For the financial good of everyone, young adults need sound financial information from a source that isn t trying to make huge profits off of them.