WAILUKU, Hawaii—Maui County FCU said it is partnering with with San Diego-based financial education company iGrad to offer its Enrich financial wellness platform to its 20,000 members.
According to the credit union, the Your Money Personality financial behavior assessment analyzes each user’s financial “personality.”
MCFCU said the platform also provides:
- Financial education courses with personalized action plans on topics including budgeting, mortgages, healthcare, college savings, student loan repayment, banking, credit, financial planning and more
- Retirement and home affordability analyzers
- A suite of student loan and higher education tools
- Personal finance calculators and a real-time budget tool
“At Maui County FCU, we are passionate about providing services that encourage the financial wellbeing of our members and community,” said President/CEO Gary Fukuroku. “We are thrilled to add Enrich’s platform that adds personalized content to our lineup of financial education tools, resources and partnerships we are using to improve the financial wellness of our members and community.”
To combat financial stress, Enrich users are prompted to update their stress score regularly to gauge the correlation between improved financial wellness and stress levels, the credit union said.
Recent Enrich data revealed that as participants improved financial understanding, their stress levels dropped by an average of 23 percent.