GreenPath Financial Wellness acquires Rural Dynamics, Inc. in expansion of credit counseling services

GreenPath’s fourth acquisition in a year will enhance financial well-being services for Montana and Idaho residents

FARMINGTON HILLS, Mich.--()--GreenPath Financial Wellness, a national nonprofit credit counseling and financial health organization, has acquired Rural Dynamics, Inc. (RDI), a nonprofit credit counseling and financial advocacy organization based in Montana and Idaho.

This is the fourth addition to the GreenPath organization in the last 12 months. It’s part of a long-term growth strategy to support their mission to remix the American Dream so it works for everyone. GreenPath uses human-centered principles to guide people to make healthy financial choices that support their goals.

RDI’s credit counseling and financial education services will continue under the GreenPath brand. Clients can expect the same local, in person service, in addition to expanded hours for telephone counseling and new technology tools through GreenPath. The charitable and community programs, such as the Tax Help Montana program, will continue to be provided under the RDI brand, as an affiliate of GreenPath.

“This is an exciting affiliation, because it preserves access to important community services, and it offers the people of Montana and Idaho expanded access to services that strengthen their financial well-being,” says Kristen Holt, CEO, GreenPath Financial Wellness.

Last year, GreenPath served more than 200,000 people nationally. Those from Montana and Idaho reduced more than $670,000 in household debt working with GreenPath.

“For RDI, this affiliation makes perfect sense,” says Tom Jacobson, CEO, RDI. “Our missions are aligned – both are centered around empowering people to be financially informed, and both maintain strong partnerships with community and like-minded organizations.”

In addition to acquiring RDI, in the last 12 months GreenPath acquired Consumer Credit Counseling Service of Orange County, California, Consumer Credit Counseling Service of Central Oklahoma, and completed a strategic affiliation with the Homeownership Preservation Foundation. These transactions have added 40 employees and 8 locations to the GreenPath footprint. The organization now has about 65 branch offices in 22 states.

For nearly 60 years, GreenPath Financial Wellness has provided counseling, education, housing and debt management services to guide people on their financial wellness journey throughout life. For more information, or for credit counseling assistance, contact greenpath.org or 800-550-1961.

GreenPath Financial Wellness is a national nonprofit organization that provides financial counseling, education and products to empower people to lead financially healthy lives. In working directly with individuals, and through partnerships with other organizations, GreenPath aims to remix the American dream so it works for everyone. Headquartered in Michigan, GreenPath has nearly 500 employees and operates about 65 branch offices in 22 states. GreenPath is a member of the National Foundation for Credit Counseling (NFCC) and is accredited by the Council on Accreditation (COA). For more information, visit greenpath.org.

Rural Dynamics, Inc. helps individuals and families achieve financial security and pursue economic opportunities. RDI provides direct service programs such as counseling, coaching, lending, and tax preparation as well as indirect strategies such as coalition building and policy advocacy. RDI is licensed in Montana, Wyoming, Idaho, Washington, Oregon, and Minnesota and has branch locations in Montana and Idaho. For more information, visit ruraldynamics.org.

Contacts

GreenPath Financial Wellness
Media Contact:
Debbie Reinheimer
debbie@reinheimerpr.com
248.227.3667

Release Summary

GreenPath Financial Wellness acquires Rural Dynamics, Inc. GreenPath’s 4th acquisition in a year expands credit counseling, financial coaching.

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Contacts

GreenPath Financial Wellness
Media Contact:
Debbie Reinheimer
debbie@reinheimerpr.com
248.227.3667