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First Tech to Help Pacific Northwest Households Makeover Their Financial Lives

BEAVERTON, Ore. - 
      First Tech Credit Union is searching for households in Lane County, the 
      Portland Metro area, Salem and the Seattle Metro area who are ready to 
      make a u-turn in their financial lives by participating in the First 
      Tech U-Turn Challenge.
    
    
      Beginning now, t
Posted : Tue, 02 Dec 2008 16:07:37 GMT
Author : OR-FIRST-TECH
Category : Press Release
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BEAVERTON, Ore. - (Business Wire) First Tech Credit Union is searching for households in Lane County, the Portland Metro area, Salem and the Seattle Metro area who are ready to make a u-turn in their financial lives by participating in the First Tech U-Turn Challenge.

Beginning now, the public can apply for the U-Turn Challenge at www.uturnchallenge.com.

How does the U-Turn Challenge Work?

Selected households will compete for a $10,000 grand prize. The prize goes to the household that achieves the most financial success in four pre-determined categories: debt reduction, savings increase, overall net worth increase, and overall level of participation. The First Tech-selected households will participate in the Challenge throughout 2009, documenting their financial successes and challenges via their own blogs at www.uturnchallenge.com.

What’s the Best Part?

ALL participating households will be assigned a team of First Tech financial experts who will help them get on the road to a better financial life and potentially win the competition. The team will focus on every aspect of the households’ financial situation including budgeting, managing credit, home buying, paying for college, planning for retirement, insuring for the future, and much more.

Participating households must be willing to:

  • Publicly discuss their financial situation.
  • Work closely with their First Tech financial team.
  • Provide monthly feedback on financial progress and results.
  • Have Internet access and be willing to blog regularly about their U-Turn Challenge experiences.
  • Be eligible for First Tech Credit Union membership. Membership qualifications can be found online at First Tech’s website.

How to enter the First Tech U-Turn Challenge

Interested households can visit the U-Turn Challenge website at www.uturnchallenge.com. There, they can read the Challenge rules and regulations, fill out an online application and download the required release forms. Completed questionnaires and release forms must be addressed and mailed by December 19, 2008 to:

U-Turn Challenge
PO Box 2100
Beaverton, OR
 

The public can follow the participating households’ journey in the U-Turn Challenge from February 2009 through December 2009 at www.uturnchallenge.com.

For more information about the First Tech U-Turn Challenge, visit www.uturnchallenge.com. All media inquiries should be directed to JulieAnna Little with R/West Public Relations at 503.223.5443 x114 or julieannal@r-west.com.

About First Tech Credit Union

Established in 1952, First Tech Credit Union is a $2 billion institution committed to the financial well being of its 155,000 members located in all 50 states. First Tech operates a 17-branch network in Oregon and Washington with access to over 25,000 ATMs worldwide through the CO-OP Network. Over the years, First Tech has been recognized as an industry leader setting high standards for innovative financial services delivery. For more information, visit www.firsttechcu.com.

R/West PR
JulieAnna Little, 503.223.5443 x114
julieannal@r-west.com
or
Brittney Lively, 503.223.5443 x118
brittneyl@r-west.com


Copyright © 2008 Business Wire. All rights reserved.



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