What's Next

Young adults struggle with both saving money and building credit. When they look to make a large purchase, they often rely on support from their parents or high-interest credit cards. The goal of What’s Next? is to help younger members (18-25) establish and meet short-term goals in a way that allows them to make connections with other members and develop a stronger trust in credit unions. The process starts with a young adult choosing a specific product (like and iPod) that they would like to save for. Credit union personnel help the member develop a savings/budgeting plan so this goal can be met, and open no-fee What’s Next? account in which deposits for this goal will be made. A credit union blog component would allow the member to share their goal with family, friends and other members and track their success.