BURNSVILLE, Minn.—US Federal Credit Union is reporting that since it began offering its financial education and counseling services through a partnership with Lutheran Social Service (LSS) in January of 2007, its members have paid off $2.1 million in debt through the debt management program.
The Financial Choice partnership offers financial education seminars along with enhanced counseling services including budget counseling, credit report reviews, checking account management skills, and much more, to USFCU members and their families.
LSS Financial Counseling works with members on debt management and improving budgets. Members are offered up to six sessions per year of financial counseling at no charge, and are guaranteed priority access. In addition to phone and online counseling, members are offered in-person appointments within three business days.
“Here at US Federal, we take pride in helping our members succeed financially,” said Bill Raker, USFCU President/CEO. “We are proud to partner with LSS Financial Counseling to provide our members with a resource that can help prevent a financial hardship from turning into a crisis.”