Commonwealth One Federal Credit Union Teams With Intuit Financial Services To Help Members Save Money With Financeworks™

August 22, 2011 – Alexandria, VA – CommonWealth One Federal Credit Union of Alexandria, VA is offering FinanceWorks™, a financial management solution from Intuit Financial Services, to provide consumers complete and easy way to budget, gain control over their spending and save more during these tough economic times.

FinanceWorks is offered to CommonWealth One members through its secure, online banking portal, Online Branch. With FinanceWorks, members will be able to budget their financial goals, as well as track finances, pay bills in one place and receive a comprehensive overview of their entire financial picture. FinanceWorks shows trends and financial data, enabling members to make better financial choices as they see the direct outcome of their spending choices. Email alerts can also be customized by members to allow for greater financial control.

“We are providing our members a valuable service by offering FinanceWorks for free. We hold true to our commitment of “people helping people” and this tool does just that. It helps our members by being their virtual financial advisor, allowing them to have greater financial control, and displaying their financial situation in an easy-to-understand format,” said John Blair, CEO of CommonWealth One.

CommonWealth One encourages all members to sign up for FinanceWorks. New members will be able to access this tool by simply opening a share account at any of its branches within the metro Washington, DC and Harrisonburg regional areas.

Powered by Quicken®, FinanceWorks gives consumers greater visibility and control over their spending across more than 18,000 plus financial institutions and creditors, and users can manage and pay all their upcoming bills, regardless of how they are paid, receive a variety of alerts about their financial status via e-mail, and track their net worth. All of this is available through one secure log-in to CommonWealth One’s online banking Web site.

CommonWealth One Federal Credit Union places critical importance on helping their members achieve financial independence and improve their standard of living through its products, services, commitment to financial education and community involvement. By offering FinanceWorks to its members, CommonWealth One is enabling its members to review their financial information securely and conveniently for free.

About CommonWealth One Federal Credit Union
Since 1944, CommonWealth One Federal Credit Union has grown to become one of Northern Virginia’s top credit unions with more than $295 million in assets serving more than 36,000 members. CommonWealth One is a full-service, member-owned, not-for-profit financial cooperative committed to being the lifetime financial institution of its members. For information on our history, upcoming events, and more visit www.cofcu.org.

About Intuit Financial Services
Intuit Financial Services helps banks, credit unions and other financial institutions grow by making it easier for consumers and businesses to manage their money. We’ve applied more than three decades of customer insights to build an innovative portfolio of on-demand solutions and services that anticipates and meets their needs. Learn more at www.ifs.intuit.com.

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Intuit, the Intuit logo, Intuit Financial Services Quicken and FinanceWorks, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Other parties’ trademarks or service marks are the property of their respective owners and should be treated as such.

Contact Information

Ashley Baldeon

Marketing Manager

CommonWealth One Federal Credit Union

Contact via E-mail