Financial Literacy Month

April celebrates many observances and one we are excited to share is Financial Literacy Month! According to Moneyzine.com, “The average US adult rates their financial knowledge as 6.2 out of 10.” Considering we deal with money just about every day, it is in your best interest to truly understand the ins and outs of your finances. That’s why we have compiled a list of our products and services that can help you grow and build upon success. Partnering with Verity is more than transactional, it’s a long lasting relationship that puts you first.

What we have to offer:

• We have a designated financial education page that covers a variety of topics including: “How do credit scores work?”, “Budgeting 101” and “Mortgage Education”, which dives deeper into everything you need to know when shopping for a mortgage loan and purchasing a house.
• Verity has a personal financial coach with years of experience in guiding members through building credit scores, creating budgets, and developing plans to reach long term goals (like buying a home).
• Sometimes we prefer to speak anonymously about our finances, and that is great! Because of this, we partner with GreenPath Financial Wellness to provide free online resources that can help you with debt management, student loan debt counseling, educational content and much more. Plus, we’re excited to share a new resource from GreenPath: LearningLab+. These self-guided courses provide guidance and education around topics such as paying down credit cards, aligning financial priorities, and navigating buying a car. Check it out yourself!
• Did you know that we have a member solutions team that partners with members who are experiencing temporary hardship to co-create plans to get back on track with loan payments? And to better support you, all of our member solution representatives are certified financial counselors. We all experiences highs and lows and the best part about having a partner like Verity is we will be with you through all of it. Contact us to find out more!
• Through all of the services, we also offer products that focus on benefitting you and making sure the long-term goal is just as easy as the short-term goal. For example, our Secured Platinum Visa is a credit card with a fixed limit that focuses on building credit. It comes with no annual fee, lower interest rates compared to most competitor’s cards and comes with 0 international transaction fees.
• As well as if you are starting to build your credit or if you have had some speed bumps in the past, we can partner with you to offer our credit builder loan. Which offers up to 3 year terms and no money down. To learn more, click here!

Partnering with Verity is more than just a free checking membership (although that’s a great perk). We focus on being your resource and support system, when you need it, and a credit union that champions its member’s every day. Happy Financial Literacy Month!