Neighborhood Trust Financial Partners’ Post

We are excited to have our partnership with Starlight featured in Commonwealth’s latest case study on using AI to improve public benefits access for LMI workers. Integrating Starlight into our financial coaching allowed us to offer a hybrid approach where clients received both personalized tech-based guidance and trusted human support from our Financial Coaches. This blend of human touch and AI is crucial for maximizing product access and enrollment for LMI workers. We look forward to continuing to leverage these tools to amplify the power of human touch, helping workers navigate the financial system and achieve financial freedom. Read the case study to learn more: https://lnkd.in/enygKumm

This National Homeownership Month, we're showcasing how our Financial Coaches empower individuals to achieve their dreams of homeownership! Take Horacio, for example. Juggling two jobs and supporting family overseas left him with little time to navigate the complexities of his finances. Despite saving for years towards owning a home, a confusing credit history threatened to derail his dream. Our Financial Coach, Ana, helped him navigate the complexities of his credit report, uncovering errors that were dragging down his score. Together, they disputed inaccuracies and tackled a collections account, ultimately boosting his score by 141 points. With Ana's guidance, Horacio secured a mortgage through his local credit union, a process that was smoother and more responsive than his experience with larger lenders. Today, Horacio enjoys the security and space of owning his own condo, paying virtually the same amount as his previous rent. Learn more about Horacio’s journey here: https://lnkd.in/gcS3s42E

We are #hiring! We're looking for a Data & Analytics Manager to join our growing team. In this role, you'll be responsible for translating technical analyses and model results into clear, concise narratives for non-technical audiences, developing and maintaining dashboards in Tableau, and streamlining data workflows. If you excel in statistical analysis and data visualization and have a passion for leveraging data-driven insights to address complex challenges, apply today and become a part of our dynamic team! Apply today!: https://lnkd.in/ezVJ47ZS #JobOpening #CareerOpportunity #JoinOurTeam #NowHiring

We are excited to announce that 1st Bergen Federal Credit Union has joined our Pathways to Financial Empowerment solution, jointly developed with Inclusiv. Pathways embeds our financial coaching IP and outcomes tracking platform into credit unions across the country. 1st Bergen will be using Pathways to provide one-on-one coaching through their Community Action Financial Empowerment (CAFE) Hub Program, which provides members with support in a variety of areas like reducing debt and building credit and savings with the trusted human guidance of our Financial Coaches. Learn more about our work with credit unions here: https://lnkd.in/gJP7aPQ2

Yakaira's story exemplifies the challenges low-to-moderate income workers face: crushing debt that persists despite their hard work to break the cycle. Even with her dedication, her wages couldn't keep pace with the massive student loan burden she carried. Together with our Financial Coach, Tiffany Ordoñez, she tackled the challenges of debt head-on. Their work together led to the complete forgiveness of her $93,465 student loan debt. 🎉👏 Learn more about how our Financial Coaches empower individuals like Yakaira to navigate the complex financial system and achieve financial freedom through trusted human guidance here: https://lnkd.in/gcS3s42E

In honor of #MentalHealthAwarenessMonth, we want to highlight the impact medical debt has on the mental well-being of low-to-moderate income workers. Despite having insurance, many individuals still face medical debt and its negative ripple effects on mental health. Here are some key findings from our study: 📊 70% of respondents with household incomes below $100,000 reported carrying medical debt. 🧠 60% said their medical debt negatively affected their mental health. 💔 42% reported that it negatively impacted their self-worth. As one respondent shared, “Having medical debt comes with a lot of mental stress for me. Even with health insurance, I don’t understand the high amount I have to pay out of pocket. It’s very frustrating and stressful to focus on my health.” Learn more about the mental health effects of medical debt on low-income workers and the solutions we offer to address this critical issue: https://lnkd.in/dWUEUpef #FinancialHealth #MedicalDebt #FinancialJustice

Thank you to the Inclusiv team for inviting us to present at the #Inclusiv50. We presented on "The Power of Impact Tracking through Credit Union Financial Coaching Programs" with Windom Wisdom LLC, providing a comprehensive approach to enhancing financial wellness through credit union initiatives, financial coaching,  and impact tracking, found in our Pathways to Financial Empowerment solution (https://lnkd.in/gJP7aPQ2). In the presentation we profiled our customer, Guadalupe Credit Union, which used our solution to successfully advocate for a law capping interest rates for consumer loans in New Mexico. “With Pathways, we can demonstrate that our services bring value and benefit to the community. Pathways bridges the gap in showing that financial coaching does work" - Diane Sandoval-Griego, Chief of Financial Empowerment at Guadalupe Credit Union We are excited to continue working with credit unions nationwide to drive meaningful change. Learn more about Pathways here: https://lnkd.in/gJP7aPQ2 #FinancialEmpowerment #CreditUnion #Inclusiv50

We're thrilled to be part of the #Inclusiv50 conference, where movement leaders, policymakers, and researchers in the community development credit union movement gather to address financial inclusion, racial equity, and climate justice. Today, Hector Hidalgo, our Pathways Account Manager, will co-present on "The Power of Impact Tracking through Credit Union Financial Coaching Programs" with Carl Windom AFC®, FFC®, Navy Veteran of Windom Wisdom LLC. During the presentation, we'll provide financial professionals with the skills and knowledge to design, implement, and evaluate financial coaching strategies. We'll also profile the impact of our Pathways to Financial Empowerment solution, in collaboration with Inclusiv, on Guadalupe Credit Union's advocacy efforts in New Mexico. Stay tuned for more updates!

Our statistics underscore the pressing need for our ongoing commitment to assisting low-income workers in achieving financial capability. With 96% of our clients carrying non-mortgage debt, averaging $24,479, and a significant portion allocating over 40% of their income to debt payments, we understand how expensive debt not only hinders their near-term well-being but also impedes their long-term economic mobility. Recognizing the unmistakable need for effective support in navigating the financial system, our approach centers on providing personalized, human-touch financial guidance. Through tailored coaching and actionable strategies, we aim to help individuals reduce and avoid debt, create positive cash flow, and increase savings. Read the blog post to learn more about our trusted financial guidance!: