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When you become a moveUP Partner with Community First, you’ll join many other local companies that work with Community First to provide credit union membership to their employees and their families. We work with companies of all sizes. It’s a great way to enhance your employee benefits program – at no charge to your company and no contract to sign.

View an overview of our
nationally recognized moveUP Financial Wellness Program

Read the MoveUP Financial Wellness Program Video Transcript

Read the moveUP Wins Financial Capability Innovation Award at NASDAQ Video Transcript

Choose the moveUP program that fits your employees' needs.

Financial Wellness Program

Companies with 50 or more employees

Learn More - Financial Wellness Program

Offer Community First Credit Union’s moveUP Financial Wellness Program to your employees and help them achieve financial confidence. There is no charge for the program, so any savings go straight back to the organization!

Bank at Work Program

Employers with less than 50 employees

Learn More about the Bank at Work Program

Bank at Work program is where Community First representatives bring the branch to your workplace and help your employees make smart financial decisions with our comprehensive and inexpensive products and services.

Employers typically see a return on investment (ROI) of 3:1 with Financial Wellness Programming.That results in a potential savings of $750 to $2,000 per employee, per year. Plus there is no charge for the program, so any savings go straight back to the organization!

What is financial wellness & how does it impact my company?

A growing number of employers across the U.S. are learning that financial wellness is a core pillar of total employee wellbeing and engagement. The Society for Human Resource Management (SHRM) found that more companies began to offer financial wellness programs in 2017 than in 2016. With the term “financial wellness” becoming more and more popular, the question comes to mind: What is financial wellness and how does it impact my company?


What is Financial Wellness?


Financial wellness has numerous definitions, all depending on context. Many believe it is related to retirement planning or investing. In the workplace, financial wellness can best be defined as an employer-sponsored program or benefit offering financial education with the purpose and intention to help reduce employees’ financial stress levels so they become financially confident.


How does Financial Wellness impact my company?


Believe it or not, your employees’ financial choices impact your company ’s success. In 2017, PWC released a special report Financial Stress and the Bottom Line. Kent Allison said, 


“Financial stressors are not only negatively impacting employees, but are costing employers. Stressed employees are found to be less productive, take time off from work to deal with their finances, and are more likely to cite health issues caused by financial stress. These findings are concerning and potentially significant for companies looking to evaluate the return on investment of a financial wellness program.”*

*Source: https://www.pwc.com/us/en/private-company-services/publications/assets/pwc-financial-stress-and-bottom-line.pdf

Did you know?

46%

of respondents said financial or money matters/challenges caused them the most stress. Of that group, 35% were millennials and 44% Gen Xers

 

48%

of financially stressed employees said finances have been a distraction at work

50%

of financially stressed employees spend three hours or more at work each week thinking about or dealing with personal finance issues

20%

 of financially stressed employees spend five hours or more at work each week dealing with personal finance issues

16%

 of financially stressed employees have missed work due to finances

31%

of financially stressed employees say their productivity has been impacted by financial worries

That means that if you have 1,000 employees, you could be losing $328K a year in productivity & another $17K in absenteeism costs. If you have a largely millennial workforce, that figure could be even higher; 49%25 of millennial employees that are distracted by their finances admit to spending 3 hours or more at work dealing with their personal finance issues. Financial wellness programming can also help improve morale and your internal company image among employees, helping attract and retain top talent