Press
SouthPoint FCU arms Members with Financial Skills Through LSS
Kelli Sandhurst
(800) 477-1034, (651) 288-5503
ksandhurst@mncun.org
ST. PAUL, Minn. – In a move to better help its members, SouthPoint Federal Credit Union in Sleepy Eye, Minn., signed up this month to provide financial counseling services through LSS Financial Counseling, a strategic alliance partner of the Minnesota Credit Union Network’s (MnCUN) Network Service Corporation.
SouthPoint FCU is the first credit union to contract for services from LSS since the organization partnered with MnCUN in April. By signing with LSS, the credit union aims to provide financial soundness to members with its enhanced financial counseling services. SouthPoint also joins other credit unions across the state that are using LSS to help improve members’ financial skills, including City & County Credit Union, Hiway Federal Credit Union, Mid-Minnesota Federal Credit Union, Minnesota Power Employees Credit Union, Richfield Bloomington Credit Union, TopLine Federal Credit Union and US Federal Credit Union.
Through this partnership between MnCUN and LSS, Minnesota credit unions are now able to offer members facing financial difficulties immediate access to trusted, quality financial counseling. Through LSS’s Financial Choice, credit unions can provide education on money management skills, budget and debt counseling, debt management planning and foreclosure prevention counseling. Additionally, LSS’s customized financial wellness plans meet the unique needs of each credit union’s field of membership.
“Our alliance with LSS Financial Counseling helps to further differentiate credit unions as the smarter financial choice,” said MnCUN Vice President – Network Service Corporation John Ferstl. “LSS combines social responsibility with a cost-effective way to provide financial counseling services that equally benefit credit unions and their members.”
The Minnesota Credit Union Network is an organization representing the state’s 137 not-for-profit cooperative credit unions serving more than 1.5 million member-owners in Minnesota. For more information, visit www.mncun.org.