MX, the leader in actionable financial data, now provides members of Lake Michigan Credit Union (LMCU), Michigan's leading credit union, the ability to take control of their finances and track their progress towards financial well-being.
Powered by MX's digital money management (DMM), which collects and enriches data and then presents guiding insights that help members take smart financial action, LMCU's Budget Tool allows members to aggregate their accounts from other financial institutions – giving them a clear view of all their finances in one place, in a dynamic, visual format. Members can also easily track and categorize their spending, create budgets, manage debt and more. LMCU is offering the DMM data solution to its more than 420,000 members for free, within online banking and mobile banking.
"Our members now have relevant, visible and timely advice and control of their finances, and the best part about it – it's free," said Don Bratt, Chief Marketing Officer, Lake Michigan Credit Union. "It's just one more way we're delivering on our credit union's mission to deliver value and make our members happy."
"More than ever, customers are expecting guidance and personalized financial clarity in exchange for their loyalty and trust," said Nate Gardner, Chief Customer Officer at MX. "LMCU is a credit union that obviously understands this and is taking its stewardship to the next level - shaping a digital experience that delivers against customers expectations."