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As a massive group of individuals that recently transferred into adulthood and the largest generation currently in the labor force, millennials have a big impact on the financial landscape in many ways. As a generation, they stress a number of ideals that impact their relationship to finance, as well as their spending, saving, and investing habits.
Many millennials are disillusioned by the corporate-driven behavior and requirements posed by the nation’s leading banks, and they are looking for alternative financial institutions to work with. As not-for-profit institutions, credit unions are a fitting alternative, welcoming a diverse collection of members from numerous financial backgrounds and socioeconomic statuses.
Credit unions embody a number of the values and features that matter to millennials. A few of the benefits credit unions offer millennials include:
As a generation, millennials are striving to become more financially secure while also hustling to achieve their personal and professional goals amid ample socioeconomic uncertainty. We Florida Financial suits the needs of hard-working millennials that are looking to park their income in a secure member-owned financial institution that offers reasonable rates, access to useful financial features, and quality customer service.