SAN FRANCISCO (3/28/12)--BALANCE, a financial education and counseling service for credit union members, now offers OnTrack, an online budgeting and financial empowerment tool.
OnTrack guides users through the steps of creating a budget that helps them reduce debt or realize goals, such buying a car or a home.
Upon completion of their OnTrack budget, users may submit their information to BALANCE for a counseling session, or opt to inform their credit union that they've completed a money management plan as part of a requirement set for certain products or services.
OnTrack users also can notify their credit union that they would like more information about particular financial products offered by the credit union.
More than 600 credit unions nationwide, representing more than 28 million members, partner with BALANCE to strengthen member relationships, reduce losses, support salary advance or overdraft privilege programs, provide identity theft tools and support, and provide critical financial management tools for their members. Many use the partnership as an outreach tool to serve the underserved in their communities, as an additional selling point to current and potential select employee groups, and to differentiate themselves from other financial institutions.