Parents with children attending college away from home know the difficulties of transferring money to their child for unknown expenses. College students also receive checks for a variety of reasons while at school. How can the parent and college student stay connected financially when they live far apart from one another?
North Alabama Educators Credit Union has a solution to meet a variety of financial needs for students attending college away from home. The Credit Union Service Center (CUSC) network provides over 4,400 branches nationwide where a member can transact basic transactions like deposits, withdrawals, loan payments, and check cashing services. For example, college students attending the University of Alabama and Auburn University have a branch nearby that is available for these type of transactions. Best of all, the branch access is free of charge.
A parent or guardian could deposit money into the student's account here in Huntsville and the student could withdraw the money from the CUSC location close to the school. If a student received a check for some reason at school they could deposit that check at the CUSC location as well. Again, these transactions do not have a charge which is better than withdrawing money at another financial institution's ATM that might have a hefty surcharge fee for a withdrawal. North Alabama Educators Credit Union is a member of the CO-OP ATM network which provides over 28,000 ATM's nationwide for free cash withdrawals.
Most college towns have a CUSC location nearby since most colleges and universities have a credit union nearby. To search for available CUSC locations, visit the online site at http://www.cuservicecenter.com/. The cooperative nature of credit unions working together to provide this expanded branch access is a valuable benefit for credit union members.