Introducing our new financial planning partner, 49 Financial. Now available to members, 49 Financial is a full service investment firm focused on helping people have peace of mind over their finances. Their process is based on a holistic approach where they take the time to get to know you and what you want to accomplish, so they can design an investment plan tailored for your unique financial goals.
Featured in an article from Christianity Today called “Faith-Fueled Finance,” 49 Financial is a financial planning firm founded on Biblical values. They are firmly committed to providing the highest quality service and connecting our members to the best available resources in the market today. They take their name from Ecclesiastes 4:9 (“Two are better than one, for they receive a greater return for their labor”) and have demonstrated that their Biblically-informed, team-based model results in superior solutions for clients.
Learn more about our new financial planning partner, 49 Financial!
- Fixed income
- Equity investments
- Education Planning
- Life insurance
- Long term care
- Personal Planning
- Business Planning
Q&A with Travis Penfield, 49 Financial Founder & CEO
How did you feel being selected to be the Credit Union’s new financial planning partner?
We felt so excited, of course, but mostly very grateful and humbled. We believe Christian Community Credit Union is a flagship institution and so we understood how important an opportunity this was for us. At the same time, we believe finance should lead to human dignity and we want to bring that viewpoint to the broader Christian community. Our dream has always been to support the church in any way we can and to have been selected by CCCU for this role is fantastic. We’re so thankful.
What can members expect when dealing with your team?
The key word here is “team.” Team is at the heart of who we are. As you know, our name comes from Ecclesiastes 4:9, which says “Two are better than one for they receive a greater return for their labor.” We believe that God hardwired all people to work in team and we organize ourselves around that idea. So, when working with 49 Financial, each member can expect at least two planners from 49 in every meeting in addition to an investment specialist that works behind the scenes. This team creates a heightened sense of accountability, a broader base of expertise, better customer service and, we believe, improves all our processes.
What makes 49 Financial unique?
First, we are 100% independent; we are our own company. This means that we can work with literally dozens, if not hundreds, of investment firms and insurance companies and pursue the best strategies for the client. Second, we’re in this for life! As a matter of company policy, we meet with our clients at least four times a year. We walk with our clients through all the ups and downs – marriages and births and businesses and job changes and everything else – and we adjust the financial plan along the way. This creates a unique form of community with our clients that we treasure.
What are you looking forward to in this partnership with Christian Community Credit Union?
I don’t know of another partnership quite like this in America. Think about it – through this partnership, we can serve Christians and ministries with unparalleled depth and flexibility. We can meet with a pastor or a ministry and say, “49 Financial and Christian Community Credit Union can help your organization with virtually every financial need you have.” Need a building loan? We have it. Need a retirement program? We have it. Need an endowment? We can build it. We can meet with any Christian and say the same thing. Do you need a home loan? We have it. Do you need a financial plan? We will build one. Do you need to consolidate old retirement plans or insurance policies? We can do that too. We can meet with a Christian business owner in the same way. Do you need a Christian banking partner? We have that. Do you need an executive benefits program? We build those. Are you curious about values-based investing? We are deep in that world. At the end of the day, do you just need to dream? Come and let us dream together! I’m looking forward to all those things.
Advisory persons of Thrivent provide advisory services under a practice name or “doing business as” name or may have their own legal business entities. However, advisory services are engaged exclusively through Thrivent Advisor Network, LLC, a registered investment adviser. 49 Financial and Thrivent Advisor Network, LLC are not affiliated companies. Please visit 49FinancialGroup.com for important disclosures. Not NCUA Insured – No Credit Union guarantees – May Lose Value. 49 Financial and its representatives do not provide tax or legal advice; therefore, it’s important to coordinate with your tax or legal advisor regarding your specific situation.