Blog | 4 Ways R1 Can Help You and Your Friends This Summer
As a member of Resource One, you are probably more than aware of all the great products and services we offer but are your friends getting the same treatment at their financial institutions? Bring a friend to R1 and share everything we have to offer. Best of all, you will be rewarded for all referrals that open a new membership with two qualifying accounts.
Low Loan Rates & High Deposit Rates
As a not-for-profit, our earnings go back into our member’s pockets vs. paying a high salary to board members like many banks. So, all that extra cash is used to keep loan rates low and account dividends high.
This means you can save money on your loan, and the money you keep in select R1 accounts can make you more money!
Spending Account Benefits
Accounts should do more for you than hold your money. At R1, our Spending Accounts come with several benefits, such as:
Financial Education & Tools
When you bring a friend to R1, they, too, have access to our member financial education and tools. With an R1 membership, they can start meeting with our Budget Buddies, utilize our budget-making and savings goal tools, and receive personalized tips on how to improve their credit score (and more) with Credit Score by SavvyMoney.
Summer Plans
Let R1 help you and your friend kick off summer right with some offerings we have that can specifically help with financing your big plans.
- Start with a loan to cover the costs. A Personal or Small-Dollar loan can be used for anything you might need to pay for.
- Skip-a-Payment and use the money typically used for your monthly payment for other expenses.
- Summer Saving accounts are a great way to save for next year’s trip. This account allows free withdrawals during the summer months, giving you the perfect reason to leave that money alone for the rest of the year.
Are you ready to refer a friend? Print out this referral card, or provide your friends with the info needed. They can open their account online, in person, with our video banking app, or by calling 800-375-3674.
