Burbank’s own UMe Credit Union loves finding new ways to help members and soon-to-be-members with all their big firsts. First credit card. First mortgage. First sushi (seriously, they know a great spot!) And now with UMe’s special new program created just for first-time auto buyers, they’re helping Gen Z become Gen Zoom! (That’s the sound they make when they drive off in their first car.)
For many Burbankers ages 18-25, getting around town in their own ride is a top goal. But there’s often a big financial pothole in the way and they think it’s never going to happen. UMe wants them to know that potholes can be filled, and their dreams can be fulfilled. Not only can UMe help them buy their first car, but they’ll do it in a way that saves money and builds credit.
Anita Hutchinson, UMe Chief Marketing Officer, shared the motivation behind the credit union’s new program: “Here at UMe, we understand that the road to buying a first car can feel overwhelming, especially for young people. We wanted to create a solution that not only makes car ownership accessible but also sets young members up for long-term financial success. It’s about more than just a car; it’s about empowering our members to take their next big step.”
UMe gets things started by helping first-time buyers understand exactly what they’ll need to provide, like proof of income. The credit union also doesn’t require a crazy long credit history (or in some cases, any credit history at all). They understand that credit-building has to start somewhere for young Burbankers, so why not get it moving with a sweet (sensible) ride?
Once all those hurdles are in the rearview mirror, UMe helps secure a low rate with manageable monthly payments. Through their partnership with Autoland, they’ll even point to cars that come in under budget. If it’s needed to get members behind the wheel, UMe has the answers. Think of them as a driver’s manual, except instead of helping you connect to Bluetooth, they help connect you to a car.
So what’s the next step? Other than deciding between a Cherry Red or Vapor Gray exterior, just apply online 24/7 at umecreditunion.com, call at 818-238-2900 or visit in person at 3000 W. Magnolia Blvd in Burbank. Before you know it, you’ll be driving off (at a responsible speed) in your very first car.
About UMe
Founded in 1940 and chartered by a group of teachers in the Burbank Unified School District, UMe has been committed to the Burbank community throughout its long history. Celebrating its 84th Anniversary in 2024, the credit union has over 17,300 members and occupies a landmark space on Magnolia Boulevard in the heart of the Magnolia Park neighborhood in Burbank. Much has changed since its humble beginnings, but UMe is proud to continue a tradition that’s built on people helping people. U+Me = UMe!
