ECMC Group
ECMC Group, headquartered in Minneapolis, provides financial tools and services to help students achieve their academic and professional goals, and was recognized as a 2022 Top Workplace by the Star Tribune.
Company Overview
ECMC Group, headquartered in Minneapolis, is dedicated to providing financial tools and services alongside funding innovative programs to support students in achieving their academic and professional goals. The company focuses on creating, providing, and investing in educational opportunities to ensure student success. For its efforts and workplace environment, ECMC Group was recognized as a 2022 Top Workplace by the Star Tribune.
Employee Benefits
ECMC Group offers a comprehensive and competitive Total Rewards package that includes health and wellness benefits, financial benefits, and education assistance programs. Employees can benefit from tuition reimbursement up to $10,500 per year for approved programs, and a student loan reimbursement of up to $400 per month. Additionally, the company runs a scholarship program for employee dependents and covers the full cost of a Metropass for those working at the Minneapolis location.
Community Involvement Programs
At ECMC Group, community involvement is a key focus. The company encourages service, charitable giving, and corporate citizenship. They provide 16 hours of additional Paid Time Off (PTO) for volunteer activities and offer a $500 charitable gift match along with a $750 grant to qualifying organizations where employees volunteer outside of work. ECMC Group has donated $10 million to communities since 2012, and 59% of employees engage in volunteer activities.
Educational Services
ECMC Group operates college access learning centers in multiple states to assist students and families in preparing for postsecondary education. They also provide financial education services to help students make informed financial choices. Their Solutions services include financial literacy, student loan repayment counseling, and default prevention. By overseeing student loan repayments, they ensure taxpayer funds are replenished for future generations.
ECMC Foundation Initiatives
The ECMC Foundation is nationally recognized for its commitment to eliminating equity gaps in postsecondary completion by 2040. It supports both nonprofit and for-profit ventures through strategic grants and program-related investments. Notable initiatives include the Question The Quo public awareness campaign launched in 2020. The foundation is also investing $250 million in mission-aligned, impact-driven, and financially scalable ventures via the Education Impact Fund.