Money Management

Money Management

Money Management, which has replaced FinanceWorks, delivers categorized transaction data that makes spending behavior easy to interpret, along with reliable data aggregation that paints a comprehensive financial picture. Our hope is that this tool will give you powerful insights on how you spend and interact with budgets so you can learn to save for the things that help you realize your dreams.

These new features that give you a unique view of your financial landscape:

• Improved category-level trends
• Debt payoff forecasting
• Detailed net worth analysis and tracking
• Expanded goals to include not only debt payoff, but savings and retirement goals as well
• Cash flow calendar
• Text alerts in addition to email alerts
• Auto-categorization significantly improved from 65% in FinanceWorks to 90% in Money Management
• Guaranteed support within one business day
• Account details refreshed nightly, as well as real-time whenever you log into Money Management

Login to online banking and look for Money Management under the “accounts” dashboard. Not enrolled in online banking? Sign up today.

Accounts

See all your accounts, including those with other financial institutions. Change the account name, type, interest rate, credit limit, original balance, and account purpose. You can also manage alerts, exclude the account, mark the account as duplicate, and see the historical balance.

Transactions

An aggregate view of all transactions from internal and external accounts. Filter your view by account or date, as well as search the dataset for any keyword or amount. All of your tax-deductible transactions can also be tagged throughout the year, then filtered for easy access while filing taxes. Other functions include the ability to add manual transactions and to export the list to a .csv file.

Alerts

A notification system will send text and/or email message to you, based on your preferences. Alerts include: exceeded budgets, debt payment reminder, low account balance, large deposit, large expense/withdrawal and fee charged. You can also design alert thresholds on a per-account and per-alert basis.

Budgets

Bubbles help you understand the relative health of your budgets instantly. See a visualization of your data on a monthly basis. Create custom budget categories, change the amount of money allocated to the monthly budget, view historical monthly budgets, and change the projected income amount. Budgets can be viewed as bubbles or traditional bars.

Spending

Every transaction is automatically categorized so you can spend smarter. Change the date range, view a visualization of income sources, and drill down to subcategories and transactions.

Debts

Manage a debt plan from your aggregated liability accounts. View balances, APR, last payment date, and minimum payment. Project debt payoff dates and prioritize the payoff of certain debts.

Cash Flow

Identify recurring deposits and payments to show spending trends in a clear, simplified view. See the impact of additional recurring payments and take action by planning for future expenses.

Net Worth

View your net worth over time. Drill into each month and see how certain transactions affect overall net worth.

Goals

Manage and visualize your goals on a timeline. Create a goal, name it, and associate it with an internal or external account. You can also change the amount and priority of each goal, as well as the total amount available overall.