Simpler Solutions for Managing Your Money

When it comes to managing money, one size does not fit all. Personal finance isn’t generally taught in school, so individuals develop varying methods for organizing their finances along with different habits when it comes to saving, spending, and making payments. Sometimes, these habits are learned from your parents, or maybe you just figured it out on your own out of necessity. However, when was the last time you looked at your money habits and considered making a change? Many of us tend to “set it and forget it” early on, potentially missing out on opportunities, as life circumstances change or as new features and technology become available, to make managing money simpler.

We love to help you succeed. One of the ways we demonstrate this is by continually developing new ways—based on Member requests— to provide you with financial tools and services to help you simplify your daily financial life, so you can spend more time doing what you love.

One of the helpful tools we’ve recently introduced is SmartSweep. This tool lets you use your credit card like a debit card for your daily spending, then automatically transfers funds from your RCU account to pay off your credit card balance daily, weekly, or bi-weekly—helping you avoid late fees, manage debt, and save on interest, all while earning greater rewards on your credit card. This gives you full control over your spending and payments, helps you build and maintain good credit, and provides additional security on your purchases.

SmartSweep is just one example of the many tools and features we are continually innovating to help take the stress out of managing money. Here are a few more recent additions for you to add to your financial tool belt:

• Round Up & Save allows you to “round up” your debit card purchases to the next dollar and automatically deposit the difference into your savings to add up over time.
• Our new direct deposit tool makes it easy for you to set up your deposits to go directly to your RCU account in digital banking. And with our Early Pay feature, Members with direct deposit receive their deposits up to 2 days early!
• To give you even more control over your credit card, you also have the ability in digital banking to request a higher credit limit, lower a recent increase, or opt out of future automatic increases—all in addition to the many other available card controls, including card freeze, alerts, and more.

You can stay informed about our newest tools and features on our website, which is regularly updated as new enhancements become available. I invite you to explore all the options and try them out to see if they inspire you to create simpler financial habits. We want to help take the stress out of managing your money and give you more time for the things you love.

Best regards,

Brett Martinez
President & CEO