Going Green: Save the World while Saving Money

We’ve been given a beautiful world to live in, and it’s up to us to take care of it. Sometimes however, it’s hard to know where to start to contribute, and environmental causes are often so big that it’s difficult to tell if what we’re doing is making a difference. But, as this Tanzanian proverb that we found on the internet says, “Little by little, a little becomes a lot.”

So, the best thing to do is just to start contributing however, and wherever you can! You’ll find that doing things that help the earth are good for you too! Participate in your city or company’s “Bike to work day” during the month of May. Make the commitment to recycle, especially electronics like your cell phone. Commit to use less water (singing to two songs in the shower instead of three will go a long way).

Here’s one other small thing you can do to go green: start doing more of your banking online.

What are my options for digital banking?

Digital banking is growing greener with each technical advancement. Mobile banking helps the environment by saving the gas you’d need for the trip and the paper used for statements and receipts. Credit card use saves on paper, metals and energy used to create, track and replace cold cash. With instant-pay sites like Paypal, Venmo, and online bill paying, virtually all paper used in the production of checks, receipts and money is eliminated. So, every time you do a transaction online, you have complete license to yell, “Save the trees!”

Are there any risks to digital banking?

The benefits are fantastic, but digital banking does come with several minor risks. Some people find budget-keeping more difficult when a glance at a phone screen reveals a generous bank balance while neglecting payments that are still outstanding. The best fix for this is to set up separate accounts for savings and spending so you know exactly what’s in your checking account.

The biggest threat is the fear of hackers and identity theft. To this end, UCCU uses industry-leading security protection technology. A big contributing factor that attributed to our decision to undergo a system upgrade last year was the prospect of offering our members added security.

How can this help me?

Aside from the benefits of going green, sustainable banking offers many advantages: It can be done anytime, anywhere. You save on gas. Emailed receipts and monthly statements keep everything organized and in one place, which also helps with budgeting.

Instant payment allows you to, well, be paid instantly. No more misplacing checks or waiting for them to clear. With automatic bill payments, you can forget about your bills without forgetting to pay them, keeping your stress levels down and your credit scores high. Green auto loans and mortgages allow you to save money on purchases that might have previously been more expensive. Ultimately, saving the earth can save you time, money and energy.

To be part of the future, take these four easy steps:

  • Download our app for easy access to your accounts from anywhere in the world.
  • Enroll in paperless statements to get your important financial updates via email.
  • Set up direct deposit to split your paycheck between your savings and checking accounts and even to make loan payments.
  • Use online bill pay to automatically and securely pay your bills each month.
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