MHV selects Spiral to boost member savings and drive community impact
We are proud to announce that we have selected to partner with Spiral, an award-winning platform redefining personalized banking. This partnership allows us to offer our members an effortless way to save through everyday purchases and digital banking, while also supporting local nonprofits and community causes.
”We’re here to help our members save smarter and live better,” said Nicole Tompkins, Chief Experience Officer at Mid-Hudson Valley Federal Credit Union. “With Spiral, our members can reach their financial dreams while giving back to the causes they love, turning everyday banking into a force for their families and community.”
Personalized Savings With Impact
With the average personal savings rate still below 5%, many Americans continue to struggle to save for long-term goals or emergencies. Spiral’s Savings Center will enable our members to build savings automatically through personalized, gamified experiences, such as innovative Auto-Savings and goal-tracking features tailored to their needs. Members can easily set and reach goals like buying a home, starting a business, purchasing a car, or saving for travel, making saving easier and more engaging.
This partnership will enable MHV to transform everyday purchases into effortless savings and community impact. Members will be empowered to automatically round up their everyday purchases and direct the spare change toward their savings goals or support their favorite charitable causes and nonprofits. Additionally, the new Giving Center will allow members to donate directly from their banking accounts, create a personalized portfolio of causes, track their charitable impact, and receive donation reports for tax purposes.
Helping our Members and Communities Thrive
We know our nonprofit organizations are the heart of our communities. With Spiral, we will drive greater awareness and digital donations to local nonprofits and attract more nonprofit organizations to create positive change within our communities through fundraising campaigns, donation matching, and community-wide events.
At MHV, we remain committed to elevating financial literacy and empowering members of all ages and backgrounds to manage their finances. Now, with Spiral, we extend this commitment to everyday banking, helping members turn financial education into action and create lasting impact.
We look forward to launching these new innovative features to members in late November.