Financial Wellness and Protection

Did you know 46% of Americans would have to borrow money or sell an asset to cover an unexpected $400 expense?i And that 32% don’t save any of their income?ii Your members need help. And solutions that put them in control, help them understand their choices about money and give them 24/7 access to real-time financial data can all make a difference.

These portfolio offerings could help your members get and stay on track.

Align
alignHave members with low or fluctuating income levels? This innovative loan alternative gives them an affordable way to borrow.

Happy Money
happy moneyWhat’s really behind members’ financial choices? These tools combine psychological and financial data to help members manage their finances—and lead happier lives.

Jennylife
jenny lifeAre your members putting off critical life insurance purchases? Now time-starved members can buy affordable life insurance in minutes—no health exams needed—right from their phone or laptop.

SmartAsset
smart assetInteractive modeling tools give members the help they need to navigate life’s big financial decisions, including home buying, retirement, insurance, taxes, investments and more.

Vault
Vault logoStudent loans are a huge source of employee stress. Attract and retain great employees with this debt elimination program.

Ready to harness the power of innovation at your credit union? Get connected with these innovation leaders today! Contact CMFG Ventures.

  • Loan Growth
  • Member Acquisition
  • Financial Wellness and Protection
  • Operations

i Board of Governors of the Federal Reserve System, “Report on the Economic Well-Being of U.S. Households in 2015,” May 2016, https://www.federalreserve.gov/2015-report-economic-well-being-us-households-201605.pdf.
cited in CFSI “Employee Financial Health: How Companies Can Invest in Workplace Wellness” May 2017 https://s3.amazonaws.com/cfsi-innovation-files/wp-content/uploads/2017/05/26183930/2017-Employee-FinHealth.pdf

ii Board of Governors of the Federal Reserve System, “Report on the Economic Well-Being of U.S. Households in 2015,” May 2016, https://www.federalreserve.gov/2015-report-economic-well-being-us-households-201605.pdf
cited in CFSI “Employee Financial Health: How Companies Can Invest in Workplace Wellness” May 2017 https://s3.amazonaws.com/cfsi-innovation-files/wp-content/uploads/2017/05/26183930/2017-Employee-FinHealth.pdf