We love it every time a new member joins Hanscom FCU. What’s even more powerful is when an entire company joins our Select Employee Group (SEG) program.
First, all employees get the benefit of credit union membership. At Hanscom FCU, that includes access to financial education tools, online banking, and over 100,000 surcharge-free ATMs, among other things.
Second, the company has an additional tool for recruitment, retention, and productivity. Financial stress can affect workers’ attendance and their focus on the job, so providing access to free financial counseling is a benefit for both you and your employees.
“When an employee is preoccupied with money worries, you run the risk of losing that employee to health-related problems and absenteeism,” Maria Porto, Hanscom FCU’s AVP of Partner Relations, told me. “Waiting until an employee is in distress can lead to disengagement from work, and that may affect co-workers and customers. In short, their worries could become yours,” she warned.
Money stress is real and big. “We can help employees manage their credit with free credit score analysis and advice,” Maria offered. “When people feel better about their finances, they are more productive.”
The credit union benefit isn’t just for employees in financial disarray. We can help employees manage their personal lives in balance with a career. For example, instead of leaving the workplace to sign for a loan, employees can use email and sign documents electronically.
With our award-winning on-site education program, employees can learn to budget, prepare for retirement, buy a home or car, invest, and protect themselves from ID theft. Those who want individual attention or prefer to learn outside the office have access to free one-on-one financial advice from a trained financial counselor.
They can also track their budget with My Money Manager, pay bills online, transfer funds to billers, or send money to individuals. No more hard feelings about the check for that last group lunch order.
Finally, it doesn’t cost a thing to add this benefit for your employees. Just print a letter requesting to become a SEG on your company letterhead. Done. Once you become a partner company, there is no expense and almost no staff time needed.
You want your employees to build their future with you. Partnering with Hanscom FCU can help them get there, and you’ll be the hero.