SpringFour

We are on a mission to make #FinancialHealth accessible for all. SpringFour’s self-service tool, S4connect, simplifies connecting consumers with local nonprofit and government resources that can drive business outcomes for you and help them get back on track. Recently, a consumer shared their experience using S4connect provided by their financial institution:  “I used SpringFour because I was looking for help with utilities and a better paying job. The site was very informative.” By becoming part of our client network, you can empower your consumers to access the resources they need to build financial wellness. If you’re not yet providing your consumers with SpringFour resources, now is the time. Reach out to us at impact@springfour.com to learn more.

Missy Hansen recently joined the SpringFour team as Director of Business Development! Missy brings over 20 years of expertise in the government payments industry, particularly in EBT (Electronic Benefits Transfer). Her diverse experience spans implementations, program management, card services, and relationship management. Having worked for major financial institutions and fintech companies, Missy excels at forging meaningful, empathy-driven partnerships with her clients and colleagues. Her extensive management of large state government assistance programs has deepened her understanding of the urgent need for timely financial support. When asked what financial health means to her, Missy said: “As I ‘mature’ everything about my health continues to be prioritized in my life… mental, physical, relationships, spiritual, and, of course, financial. To me, financial health has three key components: knowledge to make the right choices about money, control over decisions affecting my financial life, and security of knowing that there are places I can turn to when financial hardships occur.” With an infectious energy and passion for enhancing financial health through SpringFour's resources, Missy is eager to connect and collaborate with you! Learn more about Missy in the blog linked in our comments section below.

As consumer needs shift with the seasons, so should your messaging. Timing is everything when it comes to impactful campaigns. Whether it’s addressing rising utility cost assistance during the winter or seeking taxpayer assistance in the spring, SpringFour’s quarterly seasonal messaging allows your organization to be proactive in supporting consumers' evolving needs. We anticipate and share #financialwellness market trends so you can easily provide your consumers with timely resources through seasonal marketing campaigns. To learn more about how partnering with SpringFour can drive impact for your organization today, reach out to us at impact@springfour.com or visit the Contact Us page of our website at springfour.com/contact.

Empower your consumers to discover and explore local, vetted financial wellness resources with S4connect, a SpringFour self-service tool. Designed to help consumers respond to financial challenges, make payments, and build savings, S4connect allows organizations to provide their consumers with nonprofit and government resources that support their financial health. A consumer using S4connect shared how SpringFour has helped them navigate a challenging situation: “I am looking for medical insurance and a new doctor because they cut my Medicaid off. Keep doing what you are doing. Thank you.” We are proud to receive positive feedback from both our clients and the consumers who benefit from their organization making SpringFour available to them. If you’re not yet providing your consumers with SpringFour resources, now is the time. Reach out to us at impact@springfour.com to learn more.

We were proud to join a panel at the Employee Benefit Research Institute’s (EBRI’s) Financial Wellbeing Symposium, alongside our client, Financial Finesse. SpringFour’s CEO and Founder, Rochelle Nawrocki Gorey, joined the panel called “Meeting Financial Wellbeing Needs of Financially Vulnerable Workers” to discuss innovative strategies for employers to support their employees’ financial wellbeing. She joined the panel with Greg Ward, Director of Financial Wellness Think Tank at Financial Finesse, Devin Miller, CEO at SecureSave, and Chris Hynes, Income Advance Program Manager at Rhino Foods Foundation. This event provided a unique opportunity to understand the various strategic methods employers use to support their employees’ #financialhealth. Financial coaching, #budgeting tools, #retirement funds, #emergencysavings, and #financialeducation content remained among the most common resources highlighted throughout the event. At SpringFour, our focus is on delivering financial health solutions that connect employees with nonprofit and government resources in categories like food savings, rental resources, transportation, affordable childcare, prescription savings, and more — empowering employees to pay their bills, increase savings, and build financial health. This unique approach gets trustworthy, vetted resources into the hands of those that need them — which has always been central to SpringFour’s mission — allowing employees to meet their needs and continue building financial health. If you’d like to learn more about providing SpringFour for your employees as a #financialwellness benefit, reach out to us at sales@springfour.com.

By integrating S4connect, our SpringFour-hosted, self-service tool, you can offer your consumers direct access to local, qualifying services for assistance. A consumer using S4connect recently shared: “Groceries are super expensive and I don’t qualify for SNAP benefits. This website [SpringFour’s S4connect] was very easy to navigate and the results were organized and easy to understand.” Our financial health resource offerings help your organization build and demonstrate empathy by providing financial health assistance to your consumers that makes a difference in their lives. If you’re not yet providing your consumers with SpringFour resources, now is the time. Reach out to us at impact@springfour.com to learn more.

In Q2 2024, demand for SpringFour’s Senior Citizen Services resources increased by 16% compared to Q1. Today’s seniors and aging folks are facing a challenging economic environment, with many fearing for their futures as they head into retirement. A recent survey researched how prepared 55-year-olds are for retirement, finding: ➡️ 55-year-olds have median retirement savings of less than $50,000  ➡️ 67% of those surveyed fear they will outlive their savings ➡️ 1 in 4 55-year-olds expect to need financial support from loved ones during retirement years ➡️ 1 in 5 55-year-olds expect to need housing assistance during their retirement years As demand for this category has increased, our Resource Integrity Team responded to this need by releasing a new Financial Health Resource Guide called Senior Care and Caregiver Resources, which provides information about senior care options, home-based support services, planning for long-term and specialized care, case management, and caregiver support. Learn more about how we’re meeting trending consumer needs in SpringFour’s Q2 2024 Impact Report, linked in the comments section below.

A few weeks ago we shared the exciting news of SpringFour being acquired by C&R Software, a CORA Group company and subsidiary of Constellation Software Inc., the 23rd largest software company in the world with an $80B market cap. The acquisition was featured in multiple press outlets, including American Banker, Banking Dive, Fintech Is Femme, Fintech Takes, and Washington Business Journal. "SpringFour aligns well with our mission to humanize collections effort in periods of financial difficulty. SpringFour helps customers in need regain financial footing, meet their obligations, help banks avoid write-offs, and eventually [help banks] offer new credit products." - Ed Wallen, CEO of C&R Software Learn more about the press pieces featuring SpringFour’s acquisition in our blog linked in the comments section below.

This week, SpringFour will be attending Employee Benefit Research Institute’s Financial Wellbeing Symposium, where our Founder and CEO Rochelle Nawrocki Gorey will join a panel with our client Financial Finesse called, “Meeting Financial Wellbeing Needs of Financially Vulnerable Workers.” The panel will discuss different employer-focused approaches to meeting the liquidity needs of financially vulnerable employees, with employers introducing SpringFour as one option for their employees. Please let us know if you’ll be attending the event on Thursday in Washington, D.C. We’d love to connect with you in person! One of the central themes of this year’s event focuses on the intersection of mental and financial health. At SpringFour, we’ve seen the growing need for mental health support, especially for those facing financial challenges. We help meet this need by offering a Mental Health Services category of financial health resources, to which we have now added to every state’s mental health resources, among other local resources. Employers are uniquely positioned to support their employees facing financial health challenges, and we’re excited to discuss how in our panel with Greg Ward, Think Tank Director at Financial Finesse, Devin Miller, CEO at SecureSave, and Chris Hynes, Income Advance Program Manager at Rhino Foods Foundation. See the full schedule of events at the link in the comments section below.

Summer is natural disaster season, and demand for SpringFour’s disaster relief and home repair resources both increased by more than 17% in Q2 2024 over Q1. When a natural disaster strikes, our Resource Integrity Team immediately begins research to add or update disaster-related resources as they become available. SpringFour supports those affected by a natural disaster with more than just disaster-related resources, including: Financial Counseling Food Savings Heating & Utilities Home Repair Housing Counseling Learn more about how SpringFour is meeting trending consumer needs in our Q2 2024 Impact Report, linked in the comments section below.