@_weCU2 overview of Millennials through the words of the immortal film 'Ferris Beuller's Day Off'. What do Millennials look for in their financial services partner and why Credit Unions meet that need so well.

1. “The question isn't what are we going to do.
The question is what aren't we going to do.”
“Oh, he's very popular, Ed. They all adore him. They think he's a righteous dude.”
“That is why I need to show these kids that the example he sets is a first-class ticket to nowhere!”
WOCCU #weCU2 presents
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2. Gen Y - Millennials
Born between ~ 1980 & 2000
2.5 billion globally
80 million in U.S.
75% of global workforce by 2025

3. “The question isn't what are we going to do.
The question is what aren't we going to do.”
“Oh, he's very popular, Ed. They all adore him. They think he's a righteous dude.”
“That is why I need to show these kids that the example he sets is a first-class ticket to nowhere!”
“I weep for
the future.”

4. “Ferris Bueller’s Day Off” was released in 1986.
That means the quote above was from a Baby Boomer about Gen X.
Generational bias is nothing new.
And it’s as worthless today as it was in 1986.

5. “The question isn't what are we going to do.
The question is what aren't we going to do.”
“Oh, he's very popular, Ed. They all adore him. They think he's a righteous dude.”
“That is why I need to show these kids that the example he sets is a first-class ticket to nowhere!”

6. “He's the real deal, he's unbelievably thoughtful and deliberative, he's incredibly confident, but he has the capability, he freely changes his own mind. He's absolutely fearless and he has a cult- like following inside the company. People love working for him.“
This quote is from investor Mark Andreessen.
About Mark Zuckerberg.
Who is 30 years old (hint: he’s a Millennial).

7. “The question isn't what are we going to do.
The question is what aren't we going to do.”

8. 78% of Millennials would rather spend money on an experience than material possession.
77% of Millennials stated their best memories come from experiences.
69% of Millennials stated that their experiences make them feel more connected to their communities, other people, and the world.
72% of millennials prefer to increase their spending on experiences.
Source: Eventbrite 2014 survey

9. “The question isn't what are we going to do.
The question is what aren't we going to do.”
“I am not going to sit on my a** as the events that affect me unfold to determine the course of my life.
I'm going to take a stand. I'm going to defend it.
Right or wrong, I'm going to defend it.”

10. More than 50% of millennials said that a company's involvement in various causes influenced whether or not they accepted a job. Source : 2014 MILLENNIAL IMPACT REPORT
Millennials are redefining ‘charity’. Their interest isn’t just in donations. They are more interested in investing in the right causes. This mean an investment of their most valuable commodity. Their time. Their knowledge. Their skills.
“Millennials don't just want to read the news anymore. They want to know what they can do about it.” Source: Ian Somerhalder - The Future of News panel 2013

11. “The question isn't what are we going to do.
The question is what aren't we going to do.”
“How can I possibly be expected to handle school on a day like this?”

12. Millennials are the nation’s most educated generation in history in terms of finishing college. Source: 2014 Pew Research
Millennials have over $1 trillion in student debt. Source: Bloomberg
The average member of Gen Y carries $45,000 in debt.
Source: PNC Financial Services

13. “Hi, do you speak English.”
“Uh, what country do you think this is?”

14. “Millennials’ diversity sets them apart from other generations.
Many U.S. Millennials are immigrants or the children of immigrants who arrived in the United States as part of an upsurge in immigration that began in the 1940s.
The share of U.S. Millennials age 20 to 34 who were born in a foreign country is now around 15 percent – much higher than it was in 1950 and near the peak of almost 20 percent seen in 1910 during the last great wave of immigration to the United States.”
Source: White House Council of Economic Advisors – October 2014

15. Lightning Round Facts

16. Lightning Round Facts
Mobile engagement is a must

17. We mean Gen Y seriously
loves mobile

18. Gen Y loves tech

19. Gen Y hates fees

20. Millennials are
Community focused

21. Millennials are family focused

22. Gen Y is social

23. Millennials understand that life moves pretty fast.
That’s why they stop and look around once in a while to make sure they don’t miss it.
Then they take a selfie.

24. Charlie Sheen got old

25. Any questions?
Anyone?
Anyone?

26. The intersection of
Millennials & Credit Unions
@_weCU2 weCU2.org

27. “You’re still here?
It’s over.
Go home.”