GreenPath Financial Wellness

GreenPath Financial Wellness is a national non-profit organization based in Farmington Hills, Michigan, that provides financial counseling and debt management services. Founded in 1961 by the Michigan Credit Union League, GreenPath partners with over 550 credit unions, banks, and employers to offer financial education and counseling services to their members and customers across all 50 states.

The company offers several key services: • Financial counseling - Free one-on-one sessions with certified counselors to review finances and develop personalized goals • Debt management plans - Programs to consolidate unsecured debts with reduced interest rates and single monthly payments • Housing services - Foreclosure prevention, homebuyer preparation, and reverse mortgage counseling • Student loan counseling - Guidance on repayment options and customized repayment strategies • Credit report review - Free analysis of credit reports and advice on improving credit scores

Since its founding, GreenPath has expanded to over 450 employees across more than 30 locations in 21 states. As of November 2023, the organization reports a 59% completion rate for clients enrolled in their debt management programs. GreenPath maintains accreditation from the Council on Accreditation (COA) and membership in the National Foundation for Credit Counseling (NFCC). The company has enhanced its digital capabilities by offering an online client portal, virtual financial coaching available 24/7, and bilingual services with over 15% of staff being Spanish-speaking.