CUAchieve: Group Financial Education

 

Help your employees, residents or members succeed with Keys FCU’s financial education program - CUAchieve!

Did you know financial stress causes employee absenteeism, a lack of engagement and reduced productivity on the job? And it’s one of the main reasons people leave the Keys. In fact, an average of 34% of employees regularly run out of money before payday.

Keys FCU can help! With CUAchieve, our multi-lingual financial coaches will come to your business, residential complex or organization’s meeting and help your people learn about personal financial management at NO CHARGE.

What is CUAchieve?

It’s a FREE, customizable, financial education benefit for your employees, residents or members. CUAchieve can help them learn how to manage their finances so they can afford to stay in the Keys and help your business grow!

How does CUAchieve help businesses?

Financially secure employees are good for you and your business!

Research shows:

  • 30% of employees and 37% of Millennials are distracted at work by financial issues

  • 47% of employees missed work or reduced their productivity due to financial worries

  • 50% spend three or more hours a week dealing with financial issues at work

Moreover, financially stressed employees are 2.2 times for likely to be looking for a new job, equating to an expense of 11-14% of their salary in lost productivity, increased training and recruitment costs, and staff turnover. And, financially stressed employees are 8.1 times more likely to have sleepless nights, 5.8 times less likely to finish daily tasks on time, 4.9 times more likely to experience diminished work quality and 4.3 times more likely to have troubled relationships at work.

How does CUAchieve work?

Keys FCU’s financial coaches come to your business, residential complex, meeting, or virtual event, to financially educate your team with short seminars, presentations, online resources, printed booklets, and personal explanations about credit and finances in Spanish, Creole, and select Slavic languages.

Your group will learn how to:

  • Create a budget

  • Read and improve their Credit Report

  • Build and repair their credit

  • Expense management

  • Save money for college, retirement, or to buy a house

  • Finance basics – loans and credit cards

  • Get the most out of their financial institution

  • Avoid Money Mistakes

We can also bring our Lending Team to help your team find ways to saving money on the debts they already have and improve their financial health with a FREE Credit Report Review. Our Lenders will review their credit report, show them how to read your report, identify how they can save money and build credit. They can also help you check their report for accuracy and identity theft. If errors are found, we can provide information on how to correct errors.

Ready to get started?

Email your name and phone number to marketing@keysfcu.org. We will contact you to learn about your needs, design a custom financial education plan, and schedule your FREE Financial Education sessions.

No time to meet? Try KOFE (Knowledge of Financial Education)! KOFE is our FREE online financial education program with 24/7 online courses, podcasts, webinars, articles, and handbooks in English and Spanish. These financial education courses can be completed in 15 minutes or less.

 

References: The Employer’s Guide to Financial Wellness,. 2019, at www.salaryfinance.com and Financial Stress and the Bottom Line at www.pwc.com.

Financial education provided for informational purposes only and do not provide legal, financial, or accounting advice. Individuals should consult their own financial advisor for specific advice about their individual situation.