

“Our unique, powerful platform learns individual behaviors and situations, predicts outcomes and delivers actionable advice to help users best manage their health savings. “What we offer is more than simply an HSA,” noted Bend CEO Tom Torre. Employers and accountholders will benefit from an FDIC or NCUA-insured HSA platform that automates tasks and simplifies administration and account management. The partnership positions Bend for strong growth and highlights the relevance of their differentiated products and services, while allowing Elements to leverage an easy-to-use platform for both administrators and end users.īend utilizes leading technologies, including artificial intelligence (AI) and machine learning, along with behavioral economics, to engage users and guide them toward financial health. The higher the net worth number the more secure a credit union is considered.Partnership demonstrates Bend’s strong growth and Elements’ commitment to providing clients with leading-edge HSA servicesīOSTON, Mass., Aug– Bend Financial (Bend), today announced the signing of a long-term agreement with Elements Financial Federal Credit Union to provide the health savings account (HSA) technology solution for their more than 15,000 accountholders and 80 employers. Net worth measures how much total assets exceed total liabilities. In net worth and $12,389,924 in loans loss reserves.Įlements Financial FCU has a net worth of 9.19% versus the BestCashCow average of 12.40. To cover these potential losses it had $206,725,725 The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union hasĮlements Financial had $1,738,381 in non-current loans and $126,938 in owned assets. With the amount a credit union has on hand to cover any losses. The Texas Ratio compares the amount of loans at risk and assets repossessed

The following ratios and data are available to help you better understand the financial condition of Elements Financial.Īll credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured.ĭepositors should be careful to remain within NCUA insurance limits.

Home Equity rates and terms are subject to change without notice. If you are not affiliated with any of the above organizations, you can still become a member by joining Tru Direction, a non-profit association dedicated to financial literacy.įeatured - New York Home Equity Line Of Credit Rates 2022 Lender You qualify for membership as an employee, student, retiree or member of one of the organizations below, or as a member of the immediate family or household of someone who qualifies.Įducational Management Corp, Inc. It was founded in 1976 and has approximately $2249.67 millions in assets.

Elements Financial is an NCUA insured institution located in Indianapolis, IN.
