Planning For College

Will your child be a doctor, a lawyer, a rocket scientist? As parents you know they can accomplish anything with the right education, but how to pay for it can cause many sleepless nights.

Fortunately, MidFirst has several options available to help you figure out the best way to manage college expenses.

Starting Early

You may have thought about how you would pay for college before your child was even born. The sooner parents can prepare for college expenses, the more options you have. MidFirst offers various Savings Accounts, Certificates of Deposit, and Prime Share Accounts. Plus, through the MidFirst Investment Center*, we offer an even broader variety of investments to suit your needs.

College May Be Closer Than It Appears

We all have heard the advice to start that college fund before the baby comes home from the hospital. However, not all parents have the luxury of saving long-term for their child's education when faced with other financial responsibilities such as buying a house, financing a car, and saving for your own retirement.

So, if you're like many parents, with little or no college savings, don't despair. There are a number of steps you can take to get your child educated and to meet escalating tuition fees. The MidFirst Investment Center* can help with specialized savings strategies based on how old your child is and how long it will be before he or she starts college. Plus, MidFirst Credit Union has an array of financing options, such as Home Equity Loans, Home Equity Lines of Credit, and Personal Loans.

Making Sure The New College Student Is Prepared

When it's time for your young scholar to head off to college, it's time for a MidFirst Checking Account. MidFirst Checking Accounts have everything that students need to stay connected to their funds, including fee-free Savings and Checking Accounts, an ATM/debit card, and 24-hour-a-day access to accounts by phone or the Internet. You may also want to consider a low-limit VISA® Credit Card to teach them the responsibilities associated with credit without breaking the bank!

Adults Going Back to School

It's never too late to go back to school. Whether you want to enroll full time, finish a degree, or just explore a new subject, MidFirst Credit Union and the MidFirst Investment Center* can help you put together a savings strategy to make it work.

*MidFirst Financial Services, LLC provides access to investments through INVEST Financial Corporation (INVEST), member FINRA, SIPC. INVEST is not affiliated with MidFirst Financial Services, LLC or MidFirst Credit Union. Securities advisory services and certain insurance products offered through INVEST and affiliated insurance agencies are: *not FDIC/NCUA insured *not guaranteed by a Bank or Credit Union *may lose value.

MidFirst applauds members who are looking to begin or to broaden their experiences through a college education. Whether you're saving years in advance or looking at a shorter time frame, stop by any MidFirst branch location to discuss your options. MidFirst would love to help you!

*Subject to approval based on valid property appraisal, your income, and your credit standing. MidFirst lien position cannot be less than second. Contact a MidFirst Associate for details.