Kevin Cimring’s Post

Can you imagine having a free, certified financial coach at your fingertips? Honestly, if I could go back to when I was just starting out (too long ago to remember:)), having an expert guide me through all those major life and financial decisions would’ve been a game-changer. Incredible to think this is now available through our partner, Life. Money. You.®, LLC, and is easily accessable right through the MoneyTracks app!

While technology has transformed so many aspects of our lives, it can’t address every situation or capture the nuances, emotions, and complexities of life. Human empathy and understanding are invaluable, especially when it comes to financial stress and hardship. That’s why I’m excited that we’ve built features at Paperwork that allow for seamless integration with human financial counselors and coaches - not only does it mean we get to work with so many wonderful experts, but it also provides our end-users with that personal touch when they need it most.

Reposting this helpful piece by Greg Ward for the financial coaches and counselors we work with, and sending best wishes for a speedy recovery to those impacted by Helene and Milton.

Over the years my wife and I have had the privilege of caregiving for elderly parents. While this is a great honor it can also be a challenging time. Supporting seniors involves more than just assisting with their physical and mental health—it also requires careful attention to their financial well-being. Credit unions, with their community focus and member-centric mission, are uniquely positioned to provide that support, and I'm glad that our platform empowers them to do so in some small way. Full blog post below 👇🏻

Kicking off conference season at the BD Now Summit starting tomorrow in Bozeman, Montana! Excited to see everyone and finally meet in person Julie Ferguson, CUDE @Deliana Gamez Jeannine Daly, MBA

Building an enterprise financial wellness platform means delivering a complete solution that connects both the front and back-end to enhance user engagement. While a modern, easy-to-use app or web interface for users is essential, back-end integrations, workflow automation, and analytics for the enterprise are just as critical. 👇

Our platform gathers valuable insights from thousands of users so that we can personalize their experience. A recent analysis among a cross-section of users shows that paying down debt is the number one financial goal for roughly a third of users. Saving for an emergency fund is a distant second. Staggeringly, saving for retirement lags way behind, with less than 5% of users placing it at the top of their list. This data points to a harsh trend: too much debt is crowding out the ability to establish emergency funds or even consider retirement savings. For those in the financial wellness space, there is much work to be done to help people with effective debt management as a priority so they can more confidently save towards a financially healthy future. Andrew Lendnal FinWell360™ Bobby Matson Shellye Carpenter, CCUFC Ericka Young, AFC®, CFEI® Tony Steuer, CLU, LA, CPFFE #financialwellbeing #financialwellness #creditunions #peoplehelpingpeople

Providing free access to financial coaches is a great service provided by many credit unions. Our latest blog post explores why this is a win-win strategy for both credit unions and their members.

Proud of our team as they continue to deliver financial wellness programs to some of the nation's largest employers, in partnership with the credit union industry. 🙏

It's incredibly gratifying to see how receptive credit unions are towards adopting new technologies and innovative ideas to enhance the member experience. This forward-thinking approach is attracting a wave of fintechs to the credit union industry, driving even more innovation. It’s a virtuous cycle that continually elevates the entire ecosystem.