WEST JORDAN, Utah Mountain America CU has launched My Money Manager, a personal financial management solution powered by MoneyDesktop.
The $3.4-billion credit union has seen more than 22,000 members, 13% of active online banking users, sign up for the service in the six weeks since its launch.
Mountain America said it implemented My Money Manager as a foundation of its online and mobile banking strategy.
My Money Manager is offered as a free service through Mountain America’s online banking. Along with presenting all of a member’s financial accounts in one location, the tool allows members to visualize spending habits, monitor net worth month-to-month, categorize transactions, manage debt and receive detailed spending reports. Data is presented in real time through an easy-to-understand interface that lets members manage their finances anytime, the company said. In order to ensure the success of the rollout, Mountain America worked with MoneyDesktop to conduct trainings and demos for branch staff and members.
