Changing the Face of Prepaid, Partnership Offers New Services and Financial Flexibility for Union Members and Their Families
Union Plus (UP), Truth4Life (T4L), and Visa announced a new partnership to offer enhanced benefits to union members and their families with the introduction of the Union Plus All-In-One Prepaid Visa® Card. Through this unique partnership, cardholders will be afforded access to new tools to manage their finances.
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“We are thrilled to be partnering with Union Plus and Visa to provide union members and their families a truly unique financial management and empowerment tool that goes beyond other prepaid cards,” said Hunter Wolfe, CEO of Truth4Life. “We are a community-first organization and know the Union Plus All-In-One Prepaid Visa Card will empower people, change lives, and strengthen communities — especially during this pandemic that has disproportionately affected the vulnerable. It is our mission to expand access to reliable, affordable, flexible financial services to those who aren’t served by the current banking system or are looking for other options. This partnership is a major milestone in our ongoing effort, and we are proud to be able to offer more financial freedom to millions of hard-working Americans through this effort.”
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The Union Plus All-In-One program provides a powerful combination of financial solutions for America’s working families. It combines unique member benefits, including Mobile Device Protection, which covers all phones, tablets, and hotspots on a cardholder’s mobile carrier account if they are damaged or stolen; Guaranteed Issue Life Insurance with up to $10,000 in coverage; delivered with all the features and functionality of prepaid Visa cards. The card provides these benefits for a monthly fee of $4.95 with a direct deposit of $750 or more and $7.95 without a direct deposit. There are no overdraft or activation fees.1
“We are excited to partner with Truth4Life and Visa to offer the innovative Union Plus All-In-One Prepaid Visa Card to union members and their families,” said Mitch Stevens, President of Union Plus. “This product was specifically designed to help modest income and underserved families without requiring a credit check. We are now able to provide members with expanded access to financial services and electronic payments while protecting their families in a time of need.”
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