SAN DIEGO, Calif., June 26, 2020 /PRNewswire-PRWeb/ -- Almost 5 million Californians have had to file for unemployment since businesses closed mid-March to mitigate the spread of COVID-19. USE Credit Union (USECU) recognizes that finances are a growing concern for California citizens right now and is offering members a 'Spread the Love' bonus of $100 for referring friends and family that can be used in conjunction with unemployment direct deposits.
"Many Californians are facing challenging financial times as a direct result of the COVID-19 pandemic, whether that is due to being laid off or furloughed, having to dip into savings to cover basic needs, or accruing debt to stay afloat financially," said Paris Chevalier, SVP and chief experience officer at USE Credit Union. "While typical gig-economy jobs such as ride-share driving, nannying or tutoring may not be an option right now, there are still ways that Californians can earn money during a pandemic."
For a limited time, USECU is offering members a $100 'Spread the Love' bonus for each person they refer to the credit union – and the referred friend also gets $100. Existing members just need to complete a form referring friends or family members to open a free checking account with eStatements in order to both collect the $100 bonus. Referred members must receive at least $500 in monthly direct deposits within 90 days of opening their new account, which can include unemployment direct deposits. And if you're not a member yet, joining USECU is easy if you live, work or worship in select California counties. There's no limit to the number of friends you can refer, meaning you can enjoy endless earning potential during what may be a financially challenging time.
"At USE Credit Union, we recognize the challenges that our community members are facing," Chevalier continues. "We want to give them an opportunity to earn some extra cash and help their friends and families, too."
Visit the USE Credit Union website for more details on the 'Spread the Love' referral bonus program and information about the various products and services that USE offers to California residents.
About USE Credit Union
Founded in 1936, University & State Employees Credit Union (USECU) empowers nearly 60,000 members to achieve financial wellness through a full range of financial products and services, including checking and savings options, credit cards, loans, mortgages and more. USECU now has more than $1 billion in assets and offers accessibility to its members through eight branches in California, nearly 30,000 surcharge-free ATMs across the nation and 24/7 online and mobile Banking access.
USECU membership is open to all California university employees and students as well as California state employees, including California Department of Motor Vehicles, California Highway Patrol, CalPERS and CalTrans, along with others who live, work or worship in Alameda County, Sacramento County, San Diego County, Santa Clara County and Yolo County. As a not-for-profit community leader, USECU partners with causes, events and organizations that reflect a commitment to health, wellness and inclusiveness. Learn more at usecu.org.
SOURCE USE Credit Union