NAFCU Services Offers Thirty Online Financial Calculators to Credit Unions

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Contacts: David Frankil
703-842-2226
dfrankil@nafcu.org
 

Patty Briotta
703-200-4600
pbriotta@nafcu.org
 

FOR IMMEDIATE RELEASE
February 10, 2010
 

NAFCU SERVICES OFFERS THIRTY ONLINE FINANCIAL CALCULATORS TO CREDIT UNIONS 

WASHINGTON — NAFCU Services Corporation (www.nafcu.org/nafcuservices) today announced a new service for credit unions: 30 embeddable financial calculators to enhance the value of their Web sites for members. Launched initially on CULookup.com, the organization’s credit union locator Web site, credit unions are now able to provide the same service directly to their members. The calculators are offered for free to NAFCU members and are also available to state chartered credit unions for a modest fee to defray the cost of development and maintenance. 

 “More and more consumers are switching to credit unions for better service, and providing financial calculators is just one more way credit unions can provide financial education to their members and highlight the distinctive solutions they offer in these areas,” said David Frankil, president of NAFCU Services Corporation. 

To see the financial calculators in action, visit www.culookup.com/calculators.  Credit unions can quickly and easily embed the calculators on their Web site with a variety of deployment options.  

The calculators allow credit union members to identify and work toward financial goals. For example, credit union members may calculate how long it will take to pay off a credit card, or determine how much home they can afford to buy. 

The calculators cover five broad categories: 

  1. Home/mortgage 
  2. Savings 
  3. Credit 
  4. Retirement 
  5. Auto 

The calculators come just in time for America Saves Week, Feb. 21-28, an annual opportunity to encourage saving, debt reduction and wealth building. As the nation’s credit unions gear up to promote saving, CULookup.com Financial Calculators provide an interactive and educational opportunity to engage members and prospective members. For example, in reaching Gen Y and parents of Gen Y audiences, a credit union might promote its college savings calculator: “Find out how long it will take you to save for college with our new college savings calculator.”  

Credit unions may contact info@culookup.com for more information. 

About NAFCU Services Corporation
NAFCU Services
Corporation is a wholly owned subsidiary of the National Association of Federal Credit Unions (NAFCU). Since 1975, NAFCU Services has partnered with the industry's leading solutions providers to offer value-added products and services at a discount to credit unions. Currently, it offers 28 Preferred Partner programs to the credit union community. For more information about NAFCU Services Corporation, please visit www.nafcu.org/nafcuservices. 

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