The ‘Make Your Money Matter’ Initiative illustrates how Credit Unions benefit members and their communities. Mazuma Credit Union and seven other credit unions are joining with PSCU to unveil a message that’s right on the money for a new crop of young, local-minded consumers. The “Make Your Money Matter” (www.makeyourmoneymatter.org) campaign is a cooperative, grassroots effort that aims to educate a new generation of consumers about the wealth of benefits credit unions provide over big banks. The campaign comes just ahead of Bank Transfer Day, a consumer movement encouraging a voluntary switch from commercial banks to credit unions on Nov. 5. Partnering with Mazuma to introduce “Make Your Money Matter” is a consortium of seven credit unions from around the country and PSCU, all keen on proclaiming the myriad advantages of credit unions for members, and their local communities.Read More
#1 of 5: Community-Based Corporate Social Responsibility Platforms: The Next Key Building Block for Credit Unions?
CEO, Mazuma Credit Union
A properly designed Corporate Social Responsibility platform offers a strategic business advantage for credit unions by creating a win/win/win situation for the credit union, its members and the community.
Every financial institution is faced with the reality that success in today’s marketplace requires new paradigms for growth. To do that will require adding new techniques to your sales and services portfolio. You, no doubt, have a handful of strategies in mind. But there might be a tool missing in your plan. And that tool is a corporate social responsibility (CSR) platform.
A commitment to community investment and doing good integrated into your business plan is more important than ever before. Trust in financial institutions, as a whole, continues to lag since 2008. According to a 2013 Edelman/New York Study, bad news sticks. This year is the five-year mark for the financial crisis. Financial results have rebounded, but the turnaround in performance is not matched by the trust placed in financial institutions, which has dropped to only 50 percent among the informed public.
The life of a college student can be a fairly expensive one. There’s only so much money in the bank, and you have plenty of expenses. Tuition is often the single greatest expense college students face every year. The average cost of tuition and fees for a public university, as a full-time, in-state student, is $8,650 (according to The College Board’s Trends in College Pricing). And, with tuition costs always on the rise, there’s little hope that costs will de-escalate. But the costs associated with college life don’t end with the check you write to the bursar’s office at the university.Read More
There’s no doubt that some college students stay in school over the summer break, preferring to pick up a few extra college credits toward their major, while a larger percentage of students “go home” for the summer and reconnect with friends, family, and summer employment. And there’s nothing wrong with wanting to “summer over” at the university and get ahead of the game. But for college students who prefer to work over the summer break, a good job – even part-time work – can be financially-supportive during the following school year.Read More
Below is an article by Suze Orman with great tips on clearing the financial clutter in your life.
Mazuma is also proud to sponsor Suze’s upcoming visit to Kansas City on March 22. Come see the personal finance expert and best-selling author on her national book for ‘The Money Class’. She will be hosting a luncheon at the Overland Park Convention Center from 11:30a – 1:30p. You can register to win two tickets to attend the luncheon where you will recieve lunch, an autographed book and an opportunity to hear Suze speak about the new American Dream. To register for the ticket give-a-way, visit mazuma.org. You must regsiter by March 17.