Cedarhurst, eXp Realty and LRS Adopt Chime Workplace with 7x APY Savings
Chime Enterprise added Cedarhurst Senior Living, eXp Realty and Lakeshore Recycling Systems to its no-cost Chime Workplace suite, which includes earned wage access, credit-building tools and a savings account with APY seven times the national average. Employers gain real-time insights to lower financial stress and improve productivity.
1. New Employer Adoptions
Cedarhurst Senior Living in St. Louis, eXp Realty in Bellingham and Lakeshore Recycling Systems in Rosemont have each implemented Chime Workplace as part of their employee benefits strategy to enhance financial health and workforce productivity.
2. Chime Workplace Features
The suite offers fee-free earned wage access, a high-yield savings account paying seven times the national average APY, credit-building tools and an employer portal for real-time financial wellness insights.
3. Workforce Impact
Employers are increasingly linking financial wellness to performance, with low engagement levels costing the global economy an estimated $438 billion annually; Chime Workplace aims to reduce employee stress and absenteeism.
4. Company Outlook
Jason Lee, Chief of Chime Enterprise, stated that holistic financial wellness platforms are becoming business imperatives, and these partnerships will expand Chime’s enterprise footprint without additional cost or complexity.