Northamptonshire Credit Union partners with the University of Northamptonshire to create a banking product for students
11 Aug 17
The aim is to create a great banking product that will both help students onto the road to a prosperous, financially stable way of life and attract students to become new members of the Credit Union.
The idea is to offer students an account which, while combined with the app, will enable them to look a year into the future and see how much money they'll have then.
Paul Connelly, board member of Northamptonshire Credit Union and accountancy and tax lecturer at the University of Northampton, said: “We developed the idea that, along with a credit union bank account, we could create an add-on app that would enable students to see one year ahead – the idea being that if they can see their path to a positive cash flow, then they’ll be much more motivated to enact the saving behaviour now”.
Read Paul’s article about the banking product for students at University of Northampton.