1. We will complete a comprehensive financial review to help you find better ways to spend, save, and borrow.
When we say comprehensive, we mean comprehensive. We aren’t interested in just signing a few docs and sending you on your way with a new loan or account. We want to be sure we’re delivering true service to our membership and that means giving you our full attention every time we sit down with you.
We can answer all of your questions about your money matters, and we may ask a few of our own. To really provide the best financial solutions for your individual situation, we’ll have a productive and interactive conversation using tools that can determine where we might be able to offer better ways to spend, save and borrow. We’ll look at your debts, your savings plan, and we can even look at your household budget to find areas to make some effective changes.
Want to know more? In the Tools section of our website you can see for yourself what we use to help our members learn about their financial needs. Take a few minutes to check out these great tools, and you’ll see how important a comprehensive financial review can be for your financial health.
- Debt In Focus
- Loan Saver
In addition, if you’re interested in examining your credit report, we can help with that too. If you’ve ordered your own credit report through the credit bureau or through a free service such as AnnualCreditReport.com, we’d be happy to go through it with you and discuss ways to improve your credit and make a real impact on your money matters.
Again, WalletCare is no gimmick. It’s not a one-time deal. WalletCare is how we’ve always done business, and it’s how we’ll always do business, because we’re here to do one thing. We’re here to help our members make healthy financial decisions to keep our community strong.
If you’re interested in sitting down for a WalletCare conversation with us, visit your local 3Rivers branch today!
By now you’ve seen us talking about WalletCare on TV and in our branches. We want to help everyone understand what WalletCare means so we’ve laid out a four-point Promise to explain what it’s all about.
The WalletCare Promise by 3Rivers
- We will complete a comprehensive financial review to help you find better ways to spend, save, and borrow.
- We will review your debt to find ways to save you money in payment or total interest.
- We will compare deposit accounts elsewhere to help you save and even grow your money.
- We will listen to your financial goals (college planning, retirement, etc.) to help you build your desired financial future.
When you come into a 3Rivers branch for a WalletCare conversation with one of our team members, you can expect to have each of these points covered because this is the only way we can be sure we’re helping you solve ALL of your money matters.
This isn’t a one-time flashy promotion. We’re not going to toss WalletCare away in 6 months and start doing business differently. In fact, we’ve already been delivering WalletCare to our communities for over 78 years, and we don’t plan on changing that anytime soon.
Keep following the 3Rivers blog as we’ll be breaking down the WalletCare Promise and explaining how these four points can help you solve your money matters.
The third annual TEDx Fort Wayne conference starts in less than 24 hours. The theme of this year’s event is IGNITE: Ideas in Commerce, Community, and Wellness, and we’re happy to be a part of it. Last year the 3Rivers mobile lounge was a place for speakers and attendees to relax and share ideas. This year we thought we’d give everyone another way to engage their brain. Stop by our lounge anytime during lunch, and play some life sized Jenga with Jess.
We’re always looking for new ways to talk about your money matters in a simple relatable way, and Jenga is a great way to do that. It’s easy to make a mistake the first time you play, and watch as all of the blocks tumble down, but with a little practice, planning, and advice from a trusted partner it’s easy to stabalize the shakiest of Jenga towers. Your money matters can be a lot like that, but there are things you can do to reach your financial goals no matter where you are right now.
To learn more about TEDx, and purchase a ticket, visit tedxfortwayne.com.
3Rivers is looking for three highly motivated individuals to work with our Young & Free Indiana Spokester, Aly Hess, this summer! The Summer Street Team will be blogging, attending events and representing the 15-25 crowd on all things money matters. To know more, visit YoungFreeIndiana.com!
Smaller paychecks, higher prices and growing debts are leading many consumers to examine their money matters more closely. As WANE-TV and CNN Money reported recently, consumers are cutting back as they feel a new pinch on their money matters. As Sarah Quinlan, senior vice president for market insights at MasterCard Advisors, observes:
People still are acting as if we are in a recession.
Some ways people are taking action include:
- Holding off on major purchases
- Decreasing energy expenses by driving less or turning down thermostats
- Cutting out or reducing spending on splurges like coffee-shop lattes
- Hunting for sales and using coupons more often
One way we at 3Rivers are helping our community overcome money challenges is through something we call WalletCare. We’ve been doing it for 75+ years but only recently gave it a label. We take an honest look at your financial lifestyle and seek ways to help you better manage your debts. Then, we suggest options for using your newly freed-up cashflow to pay down debt faster, save for retirement or have a little extra breathing room to budget more confidently.
A real-life WalletCare example
A member we’ll call “Pat” recently visited us. Through a brief conversation, we learned about 11 different debt payments that Pat makes monthly.
They total just a hair under $1,000 and Pat was starting to struggle to come up with enough to cover all the payments each month. To make things worse, Pat’s credit rating was also starting to suffer because those payment obligations were a big chunk of Pat’s income.
Our team member suggested an alternative to consolidate all those debts into one monthly payment totaling $225 each month – a reduction of more than $760!
Our team member then offered Pat a few different options for using those funds more effectively. Pat chose to use half the savings (about $380 a month) as an extra payment on the principal of the new loan and put the other half into a newly opened IRA.
The WalletCare impact?
Pat went from having a high monthly payment commitment, no retirement savings and a slowly deteriorating credit rating to the prospect of being completely debt free in 55 months (instead of 180) and having an IRA with an estimated $45,000 when retirement comes. And, Pat didn’t have to take on any new debt or make any drastic life alterations.
That’s life changing. That’s WalletCare.