Skip to main content

January 23, 2022

Money Manager take control of your finances.


What is Money Manager?

Money Manager is an easy-to-use budgeting tool within The Bank of Elk River’s digital banking solution that allows you to securely connect and manage all of your financial accounts in one place. Gone are the days of juggling your checking and savings accounts, credit cards, loan payments, and investments. With Money Manager, you get a 360-degree view of your entire financial portfolio. You can track spending, review your net worth, and create a personalized budget – all accessible from your smartphone, computer, or tablet.

A smarter way to manage your finances

Spending Wheel

Interactive Spending Wheel

View your top expenses in real-time. Click the center to see a list of transactions by category and how spending in that category has fluctuated over time.

On Track with Money Manager

Easy Budgeting Tools

Build spending targets to positively impact the big picture of your finances – and track your progress throughout the month.

The new insights feature shows your actual spending against your budget over time (up to eight months) and offers suggestions for additional budget categories based on spending habits.

Spending at a glance with Money Manager.

Spending At a Glance

The spending analyzer quickly shows you the dollar amount you spent in each category and calculates the percentage of total spending each category makes up. Plus, you can customize date ranges from which to pull data, helping you to identify trends.

Cash flow control with Money Manager

Cash Flow Control

View income and spending trends right from the dashboard. The better you understand your cash flow, the easier it is to manage it on a daily, weekly, and monthly basis.

Net worth snapshot with Money Manager

Net Worth Snapshot

Track your investments, wealth, and debts all in one place – and get access to monthly, quarterly, and annual trends. Your financial future is just as important as you day-to-day.

Want to learn more?

Watch our video tutorials

FAQs

  • What other financial accounts can I connect to Money Manager?

    From credit cards to investment accounts, the options are truly endless. You can add almost any account type across hundreds of banks.

  • How do I add an account from another financial institution?

    It’s easy! Just follow the steps below.

    • Navigate to the “Accounts” section
    • Click the plus sign to “Add Linked Account.”
    • Select an institution or use the search to find your institution. Enter in the required information and select “Connect”.
    • You’ll receive a notification on your PFM dashboard once the account has been synced successfully.

  • What if I don’t see the financial institution I’m looking for?

    If you’re unable to find a specific bank, navigate to Accounts and click the plus sign to “Add Linked Account.” Select an institution or use the search to find your institution. Enter the required information and select “Connect.” You’ll receive a notification on your PFM dashboard once the account has been synced successfully.

  • Is my financial data safe with Money Manager?

    Yes! Your data is secure with us. We provide the strongest possible protection for customer data.