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Fast, Simple, and Trusted Voluntary Benefit Program
Easy Admin
Cost
cost or risk to employers
and broker.
No Teaser Rates
Great for Business
A trusted partner for quick, regulated and easy voluntary benefit.
With all their reams of small print, complicated Ts and Cs, and hidden costs, recommending your clients financial assistance that is fair, regulated and simple can be a nightmarish task. That’s why we at TrueConnect believe in avoiding predatory interest rates and repayment schedules. With TrueConnect, we help employees with loans up to $3,000, with repayment deducted from payroll.
Employee Benefits should be accessible and trustworthy. And so we never display or offer ‘teaser rates’ that are false or misleading. We don’t use credit scores in our application process. All of our loans are offered through Sunrise Banks, a nationally chartered bank regulated by the Office of the Comptroller of Currency and certified by the U.S. Treasury as a Community Development Financial Institution. Our loans are offered at no extra financial cost or risk to employers and employees who enroll in TrueConnect receive 6 free financial counseling sessions.
Helping your Employees is as
Easy as 1-2-3
Get Information on Offering TrueConnect to your Clients.
- Provides employees access to a safe, regulated bank loan
- No credit score needed to qualify.
- Free Financial Choice financial counseling to all TrueConnect borrowers.
At no cost or financial risk to qualified employers.
Provides a safer alternative to “Payday Loans”.
Separates employer from the personal financial lives of employees, while providing a safe solution to employees in need.
Automated loan origination and administration.
No benefit enrollment process.
Available to over 1,200 employers across the US.
Meets and exceeds all regulatory requirements for consumer bank loans.
55% of employees surveyed say not having enough emergency savings for unexpected expenses is their top ranked financial concern. PWC
60% of households faced an unexpected financial shock in the last year; 33% suffered more than one. $2,000 was the median cost of the most expensive financial shock. PEW
63% of Americans say they’re unable to handle a $500 car repair or a $1,000 emergency room bill. CBSNews
1 in 3 American families report having no savings, including 1 in 10 of those with incomes of more than $100,000 a year. PEW
Half of all American households cannot cover an unexpected $2,000 expense within one month, including nearly 25% of households earning between $100 – 150,000 a year. TheAtlantic
Sunrise Banks N.A.; a nationally chartered, Office of the Comptroller of Currency(OCC) regulated bank that is also certified by the U.S. Treasury as a Community Development Financial Institution (CDFI), a designation earned by approximately 100 banks nationwide. Sunrise Banks is also a member of the Global Alliance for Banking in Values and is a certified B Corp for its demonstrated commitment to transparent corporate governance and positive community impact.
Listen to what Joyce Norals says about TrueConnect.
TrueConnect has received the Wells Fargo “Next Award” and San Diego Ventures Group “Cool Companies” awards.
- “Thank you. I really appreciate the fact that you are concerned enough about your employees to get involved with such an employee.” Lutheran Social Services employee, Minneapolis MN
- “It definitely came in handy. My family and I were struggling to pay bills on time and TrueConnect rescued us!” Workplace Impact employee, Cleveland OH
- “TrueConnect is a great service. I couldn’t be more grateful that it is a discrete service and taken right out of my pay check without having to worry about it.” Eastern Municipal Water District employee, Perris CA
What is TrueConnect?
- Provides employees access to a safe, regulated bank loan
- No credit score needed to qualify.
- Free Financial Choice financial counseling to all TrueConnect borrowers.
At no cost or financial risk to qualified employers.
Provides a safer alternative to “Payday Loans”.
Separates employer from the personal financial lives of employees, while providing a safe solution to employees in need.
Automated loan origination and administration.
No benefit enrollment process.
Available to over 1,200 employers across the US.
Meets and exceeds all regulatory requirements for consumer bank loans.
Employees Suffer Financial Stress Today
55% of employees surveyed say not having enough emergency savings for unexpected expenses is their top ranked financial concern. PWC
60% of households faced an unexpected financial shock in the last year; 33% suffered more than one. $2,000 was the median cost of the most expensive financial shock. PEW
63% of Americans say they’re unable to handle a $500 car repair or a $1,000 emergency room bill. CBSNews
1 in 3 American families report having no savings, including 1 in 10 of those with incomes of more than $100,000 a year. PEW
Half of all American households cannot cover an unexpected $2,000 expense within one month, including nearly 25% of households earning between $100 – 150,000 a year. TheAtlantic
Credibility Matters To Us
Sunrise Banks N.A.; a nationally chartered, Office of the Comptroller of Currency(OCC) regulated bank that is also certified by the U.S. Treasury as a Community Development Financial Institution (CDFI), a designation earned by approximately 100 banks nationwide. Sunrise Banks is also a member of the Global Alliance for Banking in Values and is a certified B Corp for its demonstrated commitment to transparent corporate governance and positive community impact.
Listen to what Joyce Norals says about TrueConnect.
TrueConnect has received the Wells Fargo “Next Award” and San Diego Ventures Group “Cool Companies” awards.
Here is what Employees have to say about TrueConnect:
- “Thank you. I really appreciate the fact that you are concerned enough about your employees to get involved with such an employee.” Lutheran Social Services employee, Minneapolis MN
- “It definitely came in handy. My family and I were struggling to pay bills on time and TrueConnect rescued us!” Workplace Impact employee, Cleveland OH
- “TrueConnect is a great service. I couldn’t be more grateful that it is a discrete service and taken right out of my pay check without having to worry about it.” Eastern Municipal Water District employee, Perris CA