Financial health measurement goes hand-in-hand with solutions, enabling credit unions to positively impact financial well-being for their members. The Financial Health Network worked with Community First Credit Union to analyze its Save My Change Program, a round-up savings tool, revealing the benefit to member financial health.
Reduced overdrafts among program users
An increase of 10 points in FinHealth Scores®, suggesting improvements in individual financial health among program users
Over the course of the evaluation period, participants in the Save My Change program saw their FinHealth Scores increase an average of 10 points.
This evaluation was generously sponsored by the National Credit Union Foundation.