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Arsenal CU Earns National Recognition for Debt Relief Program

NerdWallet, a personal finance website, has featured Arsenal Credit Union as one of its top picks for debt relief programs at credit unions.

Credit unions from throughout the country that offer debt relief solutions ranging from debt management tools to free financial counseling were considered based on independent research by NerdWallet, and Arsenal made the final cut. In fact, it was the only credit union in the midwest chosen for inclusion on this list.

According to NerdWallet, “Credit unions are a great option when you need financial assistance. Credit unions are not-for-profit and member-focused. Many credit unions understand their members’ debt problems and they want to help solve them.”

NerdWallet recognized Arsenal for going “the extra mile” to help people develop better money management skills such as dealing with debt, improving their credit, budgeting, and making decisions about loans. The article noted that Arsenal provides free financial advice across multiple channels, including a special financial education section on its website, resource centers within its branches, ongoing seminars, and one-on-one counseling provided by an in-house financial specialist from ClearPoint Credit Counseling Solutions.

To read the entire NerdWallet article featuring Arsenal and other credit unions, click here.

NerdWallet was listed as one of the 20 Best Money Sites in 2010 by CNN Money, and its insights have been featured in The New York Times, Wall Street Journal and Reuters.