State Employees Credit Union of New Mexico Announces "Young and Free Checking" Our New Free Checking Account

Submitted by admin on Tue, 08/16/2011 - 7:00am

State Employees Credit Union of New Mexico announces it is now offering a new checking account product called “Young & Free Checking”. This checking account product is targeted and designed for the younger demographic that want a rewarding financial experience.

Santa Fe, NM (PRWEB) August 16, 2011

State Employees Credit Union of New Mexico is excited and proud to announce the launch of a new checking account product called Young and Free Checking. This new checking account product offers tons of flexibility and includes many great features that are a perfect fit for the State Employees Credit Union of New Mexico’s younger adult customer base. The great perks in the Young and Free Checking product include the following:

  •     Free $10 iTunes credit when you open your Young & Free Checking account
  •     $5 iTunes credit monthly**
  •     No Monthly Fee
  •     Oops NSF Fee refund - Use your Oops NSF Refund up to four times a year.
  •     Free ATM network transactions
  •     Free debit/check card
  •     No minimum balance required
  •     Free e-statements
  •     Free online banking
  •     Free Bill Pay
  •     Foreign ATM Refunds up to $25 every month
  •     Over 21 – Automatically qualify for a $500 credit card

**To receive the $5.00 in free iTunes download credits and ATM refunds every qualification cycle, Young and Free Checking account holders are required meet the following:

  •     Have at least 10 point-of-sale debit card transactions post and clear
  •     Have one recurring electronic deposit or withdrawal post and clear
  •     Log on to your free online banking account each qualification cycle
  •     Receive and review e-statements

Harold Dixon, CEO and President of the State Employees Credit Union said, “New Mexico’s 18 to 25 year old demographic population is growing all the time, particularly in cities our branches are located including Belen, Los Lunas, Santa Fe, Las Vegas, and Albuquerque. We looked at the market place, our customer base, and those folks who we wanted to start attracting. What we found was that we needed to start offering a checking account product that caters to the 18 to 25 year old age group. Now, by offering the Young & Free Checking product with all the features, benefits, and perks this account presents, we feel we have done just that. We’re thrilled that someone can now come in and open a new checking account with State Employees Credit Union to manage their money, bills and finances, and download movies, apps, iTunes music, and more. We believe we have a great product that fits our customers’ needs and gives us, as a credit union in New Mexico, the competitive advantage we are seeking. “

About The State Employees Credit Union of New Mexico

Established in 1958, The State Employees Credit Union of New Mexico is a non-profit organization headed up by President/ CEO Harold Dixon. As of June 30, 2011, the organization has total assets of $296,031,920, total liabilities and member shares of $264,598,521, and total equity of $27,054,397. There are now over 30,000 total State Employees Credit Union of New Mexico members. The organization offers three types of checking accounts, six types of savings accounts, one type of share certificate accounts, three types of IRA’s, several loans including auto loans, personal loans, secured loans, unsecured loans, home equity lines of credit, mortgage loans, online banking, online bill pay, eStatements, Telephone banking, ATM and Debit Cards, and MasterCard Credit Cards.

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For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2011/8/prweb8721714.htm