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Thrivent Financial Bank offers free service to help consumers get financially back on track

Initial success of Debt SavvySM leads to program expansion


MINNEAPOLIS (Oct. 29, 2009) – As the economy continues to show signs of recovering, one bank is taking steps to ensure consumers also bounce back from the financial woes caused by the market turmoil of the past two years. Thrivent Financial Bank, a wholly owned subsidiary of Thrivent Financial for Lutherans, is offering its Debt SavvySM program at all locations as well as online. The Debt Savvy program is a free service that enables people to develop a solid plan to help get them get out of debt, whether their goal is to become debt-free by retirement or to simply stop struggling with day-to-day and month-to-month debt. What sets the program apart from other debt counseling services is the ability of the consumer to work on their own or receive a high-touch approach from a Thrivent Financial Bank employee, all of whom have been trained to provide the Debt Savvy services.

“We started the Debt Savvy program as a pilot to gauge if there was even any interest in this type of service,” said Jill Aleshire, senior vice president and director of Consumer Banking for Thrivent Financial Bank. “We initially had two people trained as “debt guides”, but the demand was such that we felt a need to fully integrate the program into the day-to-day bank operations.”

Whether they are “do-it-yourselfers” or prefer more personal attention, the Debt Savvy program can help consumers:

  • Assist in clarifying their current debt and financial situation.

  • Manage good debt and develop a plan that complements their other financial goals.

  • Develop a plan to get out of debt and be careful about debt in the future, which can help reduce concerns over money.



“Americans are ready to begin the process of putting the pieces of their financial lives back together,” added Aleshire. “We feel strongly that our Debt Savvy program is an easy, non-threatening way for people to get started on building a strong financial future for themselves.”

For more information, consumers are invited to take the Debt Savvy QuizSM at https://www.thrivent.com/banking/personal/debt/quiz.html or to call 800-793-3398. More information on the program can also be found at https://www.thrivent.com/banking/personal/debt/index.html.

For more on Thrivent Financial Bank, go to www.thriventbank.com or call 800-847-4836.

About Thrivent Financial for Lutherans
Thrivent Financial for Lutherans is a not-for-profit, Fortune 500 financial services membership organization helping approximately 2.6 million members achieve their financial goals and give back to their communities. Thrivent Financial and its affiliates offer a broad range of financial products and services including life insurance, annuities, mutual funds, disability income insurance, bank products and more. As a not-for-profit organization, Thrivent Financial creates and supports national outreach programs and activities that help congregations, schools, charitable organizations and individuals in need. For more information, visit www.thrivent.com.


Securities are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN, 55415-1665, 800-THRIVENT (800-847-4836), a wholly-owned subsidiary of Thrivent Financial for Lutherans. Member FINRA. Member SIPC.

Bank products and trust services are offered through Thrivent Financial Bank (Member FDIC, Equal Housing Lender), a wholly owned subsidiary of Thrivent Financial for Lutherans. Insurance, investment products, trust, and investment management accounts are not deposits, are not FDIC insured, are not insured by any federal government agency, are not guaranteed by Thrivent Financial Bank and may go down in value.


END


Contact Information:
   Brett Weinberg
Director, Public Relations
brett.weinberg@thrivent.com
Phone: (612) 844-4272

 

 

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Appleton Office:
4321 N. Ballard Road
Appleton, WI 54919-0001 USA

Minneapolis Office:
625 Fourth Avenue S.
Minneapolis, MN 55415-1624 USA

Contact Us
800-THRIVENT
(800-847-4836)


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Insurance products issued by Thrivent Financial for Lutherans, Appleton, WI. Not all products are available in all states. Products issued by Thrivent Financial for Lutherans are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Securities and investment advisory services are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415, a FINRA and SIPC member and a wholly owned subsidiary of Thrivent Financial for Lutherans. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc. They are also licensed insurance agents of Thrivent Financial.

Bank products and trust services are offered through Thrivent Financial Bank, (Member FDIC, Equal Housing Lender), a wholly owned subsidiary of Thrivent Financial for Lutherans. Insurance, securities, investment advisory services, and trust and investment management accounts are not deposits, are not guaranteed by Thrivent Financial Bank, are not insured by the FDIC or any other federal government agency, and may go down in value.