Neighbors Credit Union Introduces On-Demand Pay for Its Team
Neighbors Credit Union launched On-Demand Pay for its team members, giving them the financial flexibility to receive wages earned earlier, making any day payday if desired.
"We are excited to bring early, on-demand pay to our team. As day-to-day purchases, bill payments and budgets are often scheduled around when they receive their paycheck, on-demand pay can help reduce financial stress,” explains David Wilhelm, Chief Team Experience Officer. “Financial wellness begins with our team. By providing this cash flow flexibility, we can make managing money easier for our team members and improve their workplace satisfaction.”
Earlier this year, the Credit Union introduced early availability of direct deposits for its members, up to two days early. “We are always looking for ways to serve our members better,” says Jason Heath, President/CEO. “In these uncertain times of rising costs and increasing inflation, making it easier for members (and employees) to access their funds early affords them confidence and convenience in living their lives and managing their money.”