Financial Fundamentals Blog

7 17 Credit Union Offers Plenty of Ways to Save

A person places a coin into a jar filled with coins on a desk. Nearby, there are neatly stacked coins, a calculator, and a notebook with a pen showing how they are saving money.

 

7 17 Credit Union has worked with members to achieve their financial goals since 1957. As of 2024, we operate 13 branch locations in Austintown, Boardman, Canfield, Canton, Cortland, Howland, Hubbard, Kent, Ravenna, Vienna, and Warren in Ohio.

 

Our services were designed with you in mind, and because of this, we offer a wide variety of savings accounts, checking accounts, loans, and more to meet your current needs and help you prepare for what may arise in the future.

 

Why a Credit Union?

Credit unions and banks — they’re the same, right? Not quite. While they both offer financial products and services, the similarities end there. 

 

Credit unions are not-for-profit institutions that exist to serve their members by returning profits to members through lower interest rates on loans, higher dividends on savings accounts, and lower or no fees when compared to traditional banks.

 

One of the benefits of a credit union is its local presence and investment in the community. With this comes a personalized approach that can lead to several benefits, including connecting you with the right products and services.

 

How 7 17 Credit Union Can Help You Control Your Finances

Since 1957, 7 17 Credit Union’s technology has evolved, and our products and services have advanced, but our commitment to our members has always stayed the same. Here are some of the services we offer:

 

Online and Mobile Banking Services

When you’re on the go, your money should be too. Our mobile banking app enables you to quickly and easily view your accounts, pay your bills, transfer money, and more. Plus, with mobile deposit features, you can deposit paper checks right from your phone.

 

Our online banking services provide advanced ways for you to connect with 7 17 Credit Union, such as through our video banking and 24/7 chat features. And with our 7 17 Early Pay feature, you can easily take control of your finances by receiving your paycheck in your account two days early.

 

Visa® Rewards Credit Card

Our rewards credit card comes with no annual fees, rewards points earned on everyday purchases, and competitive rates that can help you achieve more of your goals. You’ll also have the benefit of added protection with SecurLOCK Fraud Alerts and the option to enroll in Visa Purchase alerts that enable you to keep watch of your account.

 

Visa® Rewards Debit Card

Get easy access to your account without having to write a check with our rewards debit card. With every purchase you make, you’ll earn rewards points that can be used online for travel rewards and merchandise or redeemed at merchants such as Walmart, Walgreens, Giant Eagle, and more.

 

Our new debit card management tool also enables you to take control of your card and safeguard yourself against fraud by turning your card on and off or requesting a replacement for a lost card — all through the website or mobile banking app. 

 

Benefits Plus® Checking

Our Benefits Plus® Checking account is loaded with perks, including (but not limited to):

  • Ultimate ID®: a crime-fighting tool that helps protect you against identity theft through continuous monitoring of your driver’s license, health benefits, social media platforms, and Social Security number
  • No minimum balance
  • Unlimited check-writing abilities
  • Dividends paid quarterly
  • Discounts on cruises, car rentals, air travel, and more
  • Grocery coupon club
  • Prescription savings
  • Eyewear and hearing discounts
  • Pet health insurance program

Membership Savings Accounts

We offer several different accounts designed for different goals and budgets:

    • Membership savings account: This account can be opened with just a $5 deposit. It offers competitive rates and earns dividends starting with a minimum $50 balance. 
    • Christmas Club: Our Christmas Club account has no penalty for early withdrawal of funds. Plus, Christmas Club funds are automatically deposited into your checking account or savings account in October.
    • Youth savings accounts: We offer a few different savings accounts for young people, including our Dollar Dog Kids Club for children up to 12 years of age and our Cha-Ching Teen Club, which provides tools teens need to help manage their money wisely.

 

KOFE Financial Education

7 17 Credit Union has partnered with KOFE (Knowledge of Financial Education), which provides free educational tools and resources designed to support members’ financial health. In addition to a website with free webinars, podcasts, videos, and more, members also have access to specialized financial coaches through a dedicated number. KOFE is a free benefit that’s available to all 7 17 Credit Union members.

 

Explore Ways To Control Your Finances With 7 17 Credit Union

7 17 Credit Union offers several ways to take control of your finances with our wide variety of financial products and services. Take advantage of the benefits listed above — and more! — by becoming a member today.

 

Achieve your financial goals with all that 7 17 has to offer. Jon us