Posted 1:53 p.m. Tuesday, Aug. 30, 2016
UW-La Crosse partners with UW Credit Union to provide on-campus financial services.
UW-La Crosse partners with UW Credit Union to provide on-campus financial services
UW-La Crosse has entered into a partnership with UW Credit Union to provide banking services to the campus community. In addition to providing surcharge-free ATMs on campus and online banking, UW Credit Union will open a full-service branch in the new student center in January. An interim branch opens in 228 Cartwright Center Wednesday, Aug. 31, for use during fall semester. UW Credit Union will be open to all students, faculty and staff. "We are very pleased to be able to partner with UW Credit Union and look forward to having the credit union on the UWL campus," said Bob Hetzel, UWL vice chancellor for Administration & Finance. “They have a community-oriented philosophy that provides an excellent fit with UWL and the credit union shares the university’s commitment to serving the best interests of students, faculty and staff.” The credit union will also provide financial support to the university’s It Make$ Cents financial literacy program and student scholarships. It will offer employment opportunities over the next seven years, with the opportunity for three, one-year renewals. The agreement officially begins this August, offering UWL students, faculty and staff the following:- On-campus location for conducting banking business
- A checking account option that features no minimum balance and no monthly or online banking account fees
- On-the-go banking technology: mobile app, mobile wallet, mobile deposit, email and text alerts and more
- Surcharge-free ATM services. Anyone using the on-campus ATMs will not have to pay terminal fees charged by many financial institutions.
- In partnership with the It Make$ Cents program, seminars aimed at encouraging responsible financial practices
- Consumer-friendly banking practices. For example, UW Credit Union does not assess an overdraft NSF fee related to regular debit card transactions and charges no more than one NSF or overdraft transfer fee per business day, regardless of how many overdraft items are involved. Other financial institutions charge multiple NSF fees, some up to six per day. Additionally, UW Credit Union accounts overdrawn by less than $10 are not assessed overdraft fees.