4 ways empathy can show up in your COVID-19 response – CUInsight

  • April 15, 2020
  • By: Greenpath Financial Wellness
  • GreenPath Financial Wellness is a trusted national nonprofit with more than 60-years of helping people build financial health and resiliency. Our NFCC-certified counselors give you options to manage credit card debt, student loans and homeownership.

Excerpt from CUInsight, featuring GreenPath Executive VP of Strategy, Rick Bialobrzeski, on how having empathy in the workplace can go a long way during this time.

These are turbulent, unprecedented times. It’s uncharted territory for all of us. One thing is certain though – amid the chaos, there is opportunity. We all have the opportunity – we have the responsibility – to step up and be there for our members. So many are facing income reduction or job loss, health concerns, and a myriad of other challenges.

Your members need you right now. Are you working to address the uncertainty and stress they’re feeling? Are you talking to your members about what they’re feeling and experiencing?

I suspect you are. Here are a few simple thoughts that may be helpful in your efforts…

  1. Find a way to learn more about what members are experiencing. Simpler is better. Maybe it’s as simple as an email or website pop-up that says, “We’re here for you. What’s going on? How can we help?”
  2. If you have the resources to do so, find a way to connect with members one-on-one. How would it make a member feel to get a phone call from their credit union asking how they’re doing? Cut through the isolation and make a personal connection if possible. A friendly voice can mean so much to someone who is struggling. And it can be a great way to learn details about what members are experiencing.
  3. Make sure your processes are as member-friendly as possible. A lot of financial service organizations are rolling out products meant to help. Fee waivers, deferred payments, and low-interest emergency loans are great options as long as members don’t have to jump through too many hoops to access them. Members who need relief are probably already stressed, and possibly emotionally spent. A long application process may feel more like friction than help. Try to make it easy for them.

 

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Greenpath Financial Wellness

GreenPath Financial Wellness is a trusted national nonprofit with more than 60-years of helping people build financial health and resiliency. Our NFCC-certified counselors give you options to manage credit card debt, student loans and homeownership.