Providing complimentary financial wellness resources to employers to empower employees with the knowledge to manage their money and see significant improvements to their mental and physical health.
Educators Credit Union: Your Financial Wellness Partner
An April 2020 survey released by the National Endowment for Financial Education found that 88 percent of Americans – nearly nine in 10 – say the COVID-19 crisis is causing stress on their personal finances. What are they worried about? Everything. People are stressed about their emergency savings and retirement funds, income fluctuations, their ability to pay bills, job security, paying off debt and volatility in the financial markets.
Educators’ provides the following financial education resources to reduce employee stress and increase their financial success:
Online wellness tools – including short videos, digital learning programs, articles, and guides – is available to employees anytime at www.ecu.com/wellness. Feel free to add this link to your employee wellness information or to benefits section of your employee Intranet.
Virtual (Zoom, etc.) or onsite financial education workshops that detail essential financial information and tips. See separate listing of twelve relevant financial topics now available.
Virtual or onsite participation at your employee benefit or wellness fairs to provide financial wellness tools and answer questions for employees.
Wellness & Services Summary – electronic or paper handout on the money saving resources and products provided by Educators Credit Union, a not-for-profit financial cooperative. A nice piece to share with both new and existing employees and to link to benefits pages on the company Intranet.
One-on-one financial reviews – Available virtually or onsite for employees to ask questions and receive helpful financial advice or to learn more about their credit report and score.
Quarterly financial wellness newsletters that provide guidance on difficult financial topics.
Consumer credit counseling, budgeting and debt management assistance from our non-profit partner, GreenPath Financial Wellness (www.greenpath.com).
For more details on these financial wellness resources, please contact Brett Nielsen at email@example.com at Educators Credit Union.
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These onsite days and sessions focus on financial topics which help employees better understand financial details and help them make more informed financial decisions. Topics available include the following:
Educators Credit Union provides a financial quiz to test employee knowledge on financial matters. A free gift is given to staff who complete the quiz and receive their score with helpful suggestions on how they might achieve more of their goals.
Basics of Personal Finance
Understanding and practicing smart money management is all it takes for most people to reach their goals. This workshop is designed to give you the basic fundamentals of finance and how to handle your money more wisely to reach short- and long-term goals.
Credit Report Widget powered by SavvyMoney® Day On-site
Educators runs complimentary credit reports for employees and sits down with them to explain how employees can maintain or improve their current score.
Educators members can get daily credit score updates in Online and Mobile Banking with our newly updated widget powered by SavvyMoney®.
The American Dream
Buying a house is one of the largest purchases of your life. Learn to navigate your path to homeownership and the home buying and mortgage process.
Buying a Car without getting taken!
Purchasing the right vehicle at the right price can be very stressful and time-consuming. This workshop will focus on steps to follow to help put you in the driver’s seat by determining what you afford before you shop, what kind of vehicle best fits your needs, evaluating leasing vs. buying a vehicle, and doing your research first.
You’ll learn what identity theft is, how thieves get and use your personal information, how to protect yourself and what to do if you are a victim. With some good knowledge and simple steps, you can protect your identity from those who want it.
New Directions – Surviving a Layoff or Job Change
Experiencing a layoff or unexpected change in employment during any point in your life can be a scary and emotional situation. While you might undergo a bit of turmoil for a while, there are steps you can take to help ensure a quick and manageable recovery.
Understanding and Managing Large Student Loan Debt
College can be costly especially if you need to take out loans for a majority of the costs. Large student loan payments can be overwhelming if it is a large percentage of your income. This session focuses on options to better manage student loan debt.
Understanding Retirement Savings Options or Programs
Learn about how you might increase your retirement nest egg and how much you could expect to receive. It’s important to take the proper steps toward saving for retirement during our working years and to understand your pension, 401K, 403B, IRA, or other options available to you.
For More Information:
Go to the Contact Us page and request information about scheduling an onsite day or workshop.