Gen X, Millennials Speak Out About Expectations
With all the statistics, surveys and reports about Gen X and Millennials' likes and dislikes, CU Times decided to ask a few people from each generation what they look for in a bank and what they expect from potential employers.
For me I draw a line in the sand of what I consider a bank and an investment company. In my opinion a bank wouldn’t be as good at investments as a traditional investment firm. That being said, with a bank (and I include credit unions in that category) it just comes down to the interest rate. So the only thing I really care about with a bank is being able to know where I spent my money. I know every dollar our family has spent for the last 20 years. A bank or credit union can do that, so to me the only real differentiation is that interest rate.
My parents were members of Georgia’s Own and started an account for me so I didn’t really have a choice in the matter of where I’d bank. Today I do have accounts at national banks but my credit union is the primary one because the people are great and I have convenient easy access to all my account information with their iPhone app. As long as I can access my money when and where I want.
Culture, positive, like-minded young professionals who are making a significant impact on something, whether it’s on the community or a product/service the organization has to be doing something significant. I’m looking for growth potential, competitive salary and job stability. To me that’s found in large companies. I feel at a large company even if my position were eliminated there would be other departments I could move to. I think it’s also to be in a company that will allow me to advance my skills. I don’t want to go in feeling like I did this 10 years ago, so it has to be someplace, for lack of a better word, that’s cutting edge that allows me to continue to learn.
I want to enjoy the work itself, have good benefits, good pay and I need to have the security that it is an organization that will be around for a long time.