Jeanne D'Arc Credit Union Launches Financial Wellness Program for Members and Employees
June 1, 2017
We share a passion for our members and community: that’s our common thread.
LOWELL – At the start of 2017, Jeanne D’Arc Credit Union set out to make financial wellness a key focus for both its membership and its employees. As part of the initiative, the Credit Union recently launched a new financial wellness program for employees called, A Healthier You.
A Healthier You is an online platform that’s built to help Jeanne D’Arc employees maximize their financial wellness. This program consists of 24 modules that each cover different topics such as credit cards, Social Security, building an emergency savings, retirement, investing and many more. A friendly voice takes users through the interactive modules, explaining the ins and outs of each topic. At the end of each module, employees have the opportunity to assess what they learned and decide the actions they will take to solidify their financial wellness moving forward. Each employee has his or her own personal log in credentials, so they can take the modules at their own pace.
“We understand that financial wellness goes far beyond the basics,” says Mark S. Cochran, President and Chief Executive Officer of Jeanne D’Arc Credit Union. “This new program encompasses the many different aspects of finances that we all encounter at some point in our lives,” he adds.
Before launching the program, the Credit Union also created and distributed a survey for staff members to submit. The survey included questions to determine how employees felt about their finances: Are they comfortable or frustrated? Could they handle the stress of a financial emergency? Do they have clear goals for their financial future?
“It’s so important for employees to evaluate where they stand in their financial lives. When we are financially well as an organization, we can better serve our members and help them achieve their own financial health,” says Mr. Cochran.
There are also added incentives for those employees that use the program. Each time an employee completes six modules, they will receive a special prize, like a Dunkin Donuts gift card, and Jeanne D’Arc branded incentives such as a pop socket phone stand, refillable water bottle, travel coffee mug and a beach towel. Upon finishing the entire program, employees will also receive a certificate of completion, which recognizes their commitment to making their financial wellness a priority.