Motor City Community Credit Union provides members leading personal financial management system.
Motor City Community Credit Union has announced it is the first credit union in Ontario to roll out an industry leading personal financial management platform for its members.
“Motor City is thrilled to be the first credit union in Ontario to offer personal financial management (PFM) to our membership. A simple way to build budgets and track spending, PFM helps solve the real world needs of our membership and our community by embedding budgeting and financial awareness tools right into online banking. An intuitive tool, PFM learns how to categorize expenses, making it simple for members to use and keep track of their spending and budgets. This is just one way Motor City helps to improve the lives of our members and the community.” – Charles Janisse, CEO of Motor City
Motor City has worked with Central 1 Credit Union to implement an innovative new upgrade that has integrated personal financial management into its online banking program. Members can now monitor their savings and spending in accounts at a variety of other financial institutions across North America without leaving their online banking with Motor City.
With Motor City’s online banking experience, you can:
- See your spending automatically categorized and displayed in graphs and charts that make it easy to see where your money goes each month.
- Personalize budgets to help you manage your money better.
- View your spending and budgets from your mobile device.
- Add the value of your assets and liabilities to your transactions with us to see more of your financial picture.
In addition to tracking spending the system allows customers to create and stick to budgets and monitor the last five months of spending. They can set budgets for each spending category and receive on-screen prompts that notify them when they are on or over budget.