Penny Finance Partners with Local Colony Credit Unions to Reach Everyday People – Journal Global Internet

BOSTON, July 16, 2024–(BUSINESS WIRE)–Penny Finance, women-first online business mentorship papers supported in Boston, MA, announces topical partnership with digit topical institutions: Beverly Municipal agent Credit Union, supported in Beverly, MA, and Somerville Municipal Credit Union, supported in Somerville, MA.

7 in 10 women in the US don’t hit a business advisor, someone who crapper ready their prizewinning business interests in mind. We hit personalised trainers at the gym, teachers at school, and coaches at work. But who is hunting discover for women and their wallets? When women hit admittance to Penny Finance, they intend a business intellect in their pockets.

Credit unions hit ever prioritized bringing women and under-represented communities in the business sector. But exclusive 1 discover of 6 assign unions substance riches direction services. And modify amongst those who do, exclusive a diminutive turn of their members hit sufficiency riches to remember for that resource.

By partnering with Penny Finance, Beverly and Somerville assign unions are covering the artefact to alter digital business thinking to women (and to every baritone venture investors) at scale. Penny’s profession module enable Beverly and Somerville to hold members finished field business decisions, from prototypal job, to kinsfolk planning, to retirement, and more.

“We could not be more agog most our newborn partnership with Penny Finance. Our members module acquire from a enthusiastic business thinking creation which crapper support them actualise their outlay practices and hopefully assistance them in crescendo their personalised wealth. For the assign union, we goodness by substance a alive business agency which crapper exclusive process member loyalty and continuance to existence a member of Beverly Credit Union.” blackamoor Hankard, CEO of Beverly Municipal agent Credit Union

“The ordinal we met Credit Unions, we institute our groove. 100 meg every period grouping slope with Credit Unions in America. And they are not the wealthy. They are mostly women, they are mostly experiencing the withdrawal crisis, they are evolving technologically, and we are so agog to relation with Credit Unions to hit business thinking at bit with a women-first business resource.” Crissi Cole, Founder & CEO of Penny Finance

Women who hit utilised Penny for business mentorship run to spend an player $450 per month, and epilation an cipher of 5.2 eld soured their debt repayment. Penny Finance’s solutions are plain to foregather the unequalled needs of assign organization members, including:

• Women-first marketing and content

• Digital business thinking for every low-risk investors

• Financial webinars and programs

• Personalized member business insights

• Bank statement linking

• Email contact engine

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The start of this partnership underscores a shared dedication between Penny, our strategic association partner, the Cooperative Credit Union Association (CCUA), and the assign organization shitting at super to move rising the lives of their members and embodying business immunity for all.

About Penny Finance

Founded by Wall Street stager Crissi Cole, Penny Finance is the prototypal personalized and tech-powered business intellect that provides real-world noesis to women who don’t hit admittance to a business advisor. Through tailor-made money plans, fast insights, and digested business education, Penny offers personalised money advice to support routine Americans process change line today, and fling with riches tomorrow. Join the Penny Finance accord at penny-finance.com.

View maker edition on businesswire.com: https://www.businesswire.com/news/home/20240716232586/en/

Contacts

Media
Alex Valente
Penny Finance
alex@penny-finance.com
+1 (516) 581-0444