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A Holistic Approach Improves Employee Financial Wellness

It makes perfect sense for credit unions to offer financial wellness as part of their employee benefits programs.

By Michelle Clark | April 12, 2019 at 09:00 AM
Many Americans lack financial knowledge.

Financial wellness – it’s a concept that should be a logical next step for credit unions. Since many already offer financial education to their members and (physical) wellness programs to their staff, doesn’t it make sense to bring the two together in the interests of a more holistic approach to their employee benefit and wellness programs?

Financial wellness is becoming a focal point of many U.S. employers’ benefits – over 80% offer some sort of program to address the financial pain their people are feeling, according to Pensions & Investments. There’s a reason for that: Employers of all sizes and in every sector – including credit unions – are sharing the pain.

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