Balance Your Budget and Reduce Your Debt

Managing your finances helps you plan for future expenses and set savings goals that you can reach. As you make progress in your financial life, you’ll find that life is less stressful. To help our members find balance in finances and in life, we offer free financial management tools and programs that can help you keep your finances on track.

Online Money Management Tool

Members Credit Union offers a free money management tool to manage your personal finances. Just enroll in MEMCU Online or MEMCU Mobile and start tracking your finances, create a budget and a plan to pay off your debt. Manage your money with Members CU so you can enjoy life and afford it too! Click the button below for a video library that will guide you through managing your finances with these tools.

Go to the PFM Video Guide

Free Financial Counseling and Education

Financial Solutions, a program by Money Management International (MMI), is designed to assist our members in reaching their personal financial goals. Whether your goal is to create a budget, buy your first home, get out of debt, or just educate yourself more on the topic of personal finance, the Financial Solutions program will help you. This new benefit is free for our members and includes:

Free Credit Counseling – Through confidential one-on-one counseling sessions, MMI’s certified credit counselors will help participants understand their overall financial situation, develop an effective budget and spending plan, and create an action plan for success. Personalized financial help is available over the telephone and online 24 hours a day, 7 days a week. Call 888 – 926 -9723.

Free Debt Management Assistance – When appropriate, counselors may recommend a Debt Management Plan (DMP). A DMP is designed to help the participant pay off his debt through a structured repayment plan. By working directly with creditors, MMI credit counselors work on behalf of participants in an attempt to lower interest rates, reduce monthly payments, waive late fees, and eliminate collection calls. This sensible financial solution reduces the time for payoff, which can save participants hundreds or thousands of dollars in interest and fees. Ordinarily, DMP participants pay a monthly fee. We’re excited to announce that this is a free resource as part of our Financial Solutions partnership.

Free On-demand Financial Education – We also have access to a variety of financial education materials such as articles, videos, downloadable podcasts, eBooks, and worksheets. Visit our financial education website to access these resources.