Like Sunflower, UECU is a co-operative. Our mission is to improve the financial well-being of our partner companies’ workers with financial education and services that are both rewarding and convenient.
Wyomissing, PA (PRWEB) February 12, 2013
Utilities Employees Credit Union (UECU) has partnered with Sunflower Electric Power Corporation, an energy generation and transmission co-operative servicing western Kansas. Sunflower Electric, which is headquartered in Hays, Kansas, will now offer UECU’s financial benefits to its 400 employees who serve at power stations and transmission facilities throughout the region. UECU offers utility, energy, and related-industry companies a free voluntary benefit they can extend to employees and their family members, to promote financial wellness, reduce company health care costs, and enhance worker productivity.
“UECU is eager to work with Sunflower Electric Power Corporation to help their employees achieve their financial goals,” says Jane Kennedy, Business Development Manager for UECU. “Like Sunflower, UECU is a co-operative – formed to pass collective financial gains and benefits onto our member-owners. Our mission is to improve the financial well-being of our partner companies’ workers with financial education and services that are both rewarding and convenient.”
The Sunflower Electric co-operative formed in 1957 with a mission to provide adequate, reliable, and long-term power supply and transmission services to member-owners at an affordable wholesale cost. Like many companies in the utility and energy services sector, Sunflower power employees are widely-dispersed to fulfill their mission of serving rural communities – making Sunflower’s partnership with virtual credit union UECU a logical strategy to remotely deliver financial benefits to its team of workers and their families.
UECU provides free nationwide access to financial products and services, credit counseling, and financial education to utility and energy workers. The credit union offers additional employee promotions, benefits support, and financial education services to companies that offer membership as an employee benefit. Some companies offer UECU membership as a stand-alone benefit, while others incorporate it as part of a company financial wellness program or employee assistance program.
To obtain information on providing free employee financial benefits through Utilities Employees Credit Union, companies in the utility, energy, or related industries can visit benefits.uecu.org or call 800-288-6423, extension 6034.
About Utilities Employees Credit Union:
Utilities Employees Credit Union is a nationwide, virtual credit union providing financial services to utility and energy workers and their families since 1934. Its membership includes the employees of 600 companies and members of Energy People Connect, an association for individuals currently employed or pursuing employment in the energy industry. UECU is among the two percent of U.S. credit unions to receive an A “Excellent” Weiss Rating for financial soundness and one of the few financial institutions to reward its members with a year-end bonus dividend, which last year totaled nearly $1 million.