Health Care Professionals Federal Credit Union (HCPFCU) has launched an interactive, free online financial education initiative for the Wayne County, Indiana and Fayette County, Indiana area. The program “HCPFCU Financial Wellness” is available as a complementary resource to help HCPFCU members and the community at large to learn how to manage their finances and plan for the future.
HCPFCU is committed to empowering members with the financial skills they need to thrive financially. The program is designed to assist with known financial issues impacting their members:
63% of Americans do not have enough money saved to cover a $500 emergency. (Bankrate)
18% of American households reported that they spent more than their annual income. (FINRA)
70% of Americans could not correctly answer three basic financial literacy questions. (Wharton)
“We are excited to offer this for our members. The tool is designed for all stages of financial wellness for members from students through to seasoned adults. Whether our members are just getting started, repairing past issues or building their wealth, we are here to support them.” Darrell Rawlings, President, and CEO of HCPFCU.
The online money lessons offer an assortment of topics including building emergency savings, how to plan to buy a home, how to have family conversations around money, and retirement planning. Each learning topic is 3-10 minutes in length and is designed to encourage participants to build financial confidence. The mobile and tablet-friendly program is available in English and Spanish. To learn more about the program, visit www.hcpfcu.org.