SavvyMoney Coming May 5th

We have some exciting news! On May 5th, we are launching SavvyMoney, a powerful, free tool built directly into your online banking and mobile app. SavvyMoney is designed to help you take full control of your financial health with ease.

What is SavvyMoney?

SavvyMoney is a financial wellness tool that helps you monitor your credit score, see your full credit report analysis, simulate score changes, and receive personalized tips to help you save money. Think of it as a mini-financial coach that lives in online banking.

Top Benefits You’ll Love:

• Daily Score Updates: Check your credit score as often as you want—it never impacts your credit.
• VantageScore 4.0: This is the same scoring model our lenders use to make decisions. It’s as close to the “real thing” as you can get without an official loan application.
• Credit Monitoring & Alerts: Get notified instantly if there’s a significant change in your credit report, helping you stay ahead of potential fraud.
• Score Simulator: Wondering how a new car loan or paying off a debt will affect your score? Use the simulator to see the potential impact before you make a move.
• Resources That Actually Help: You’ll have access to a library of tips and personalized recommendations based on your profile to help you save on interest or strengthen your standing.

How to Get Started

Accessing SavvyMoney is seamless—no new usernames or passwords to remember! All you have to do is accept the new online banking use agreement on May 4th. And if you change your mind, you can always unenroll. There is no cost to you. No dings to your credit. Just a tool for you to keep an eye on your credit.

On May 5th when you login to online banking or the mobile app you’ll see your basic score right on your dashboard. If you want to dig into the nitty-gritty details or use the score simulator, the app will securely pass you through to the SavvyMoney site. No extra passwords or fluff required.

Frequently Asked Questions

Is there a fee to use SavvyMoney?
Nope. It’s $0. We pay for it so you don’t have to.

Will checking my score through SavvyMoney lower it?
Never. SavvyMoney uses a “soft inquiry,” which does not affect your credit score in any way. You can check it daily and it will never affect your score.

Which credit scoring model does it use?
SavvyMoney provides your VantageScore 4.0 based on your TransUnion credit report. This is the same score that our lenders use when looking to approve a loan. However, lenders use a “hard pull” which can be slightly different than a soft pull.

Is my information secure?
Yes. SavvyMoney uses bank-level encryption and security measures. Your personal data is never shared with or sold to third parties.

What if I see an error on my report?
SavvyMoney makes it easy to “File a Dispute” directly with TransUnion from within the platform to correct any inaccuracies.

Get ready to level up your finances on May 5th!