MX data empowers Lake Michigan Credit Union members to improve their financial lives
LMCU budget tool offered free within its online banking and mobile app to 420,000 members of Michigan's leading credit union
LEHI, UT (December 20, 2018) — 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.”
MX, the financial data platform and leader in modern connectivity, helps organizations everywhere connect to the world’s financial data and turn raw, unstructured data into their most valuable asset to deliver intelligent and personalized money experiences. MX connects more than 16,000 financial institutions and fintechs providing the industry’s most reliable and secure data connectivity network. Additionally, MX powers 85% of digital banking providers, as well as thousands of banks, credit unions, and fintechs, with a combined reach of over 200 million consumers. To learn more, follow us on Twitter @MX or visit www.mx.com.
Lake Michigan Credit Union is the largest credit union in Michigan. Employing a staff of over 1,200, LMCU’s assets exceed $6 billion, with a mortgage serviced portfolio of over $10 billion and over 421,000 members. LMCU has 53 convenient branch locations overall, including ten in southwest Florida. LMCU members have access to over 55,000 AllPoint ATMs worldwide. LMCU provides a full-range of financial services, from high interest-bearing checking accounts to personal loans, mortgages, investments and commercial banking. For more information visit www.lmcu.org