Savings Clubs at Fairmont FCU
Savings Clubs are a type of savings program offered by Fairmont Federal Credit Union. These clubs are designed to help members save money for a specific goal, such as unexpected automobile repairs or your dream vacation. Here's what you need to know about the Savings Clubs at Fairmont FCU and how they can help you discover your personal path to financial success.
What is a Savings Club?
A Savings Club is an additional savings option that is connected to your other Fairmont FCU accounts. Savings Clubs are designed to help you save money for a specific goal. The Savings Clubs that Fairmont FCU offer are unique by offering no minimum balance, no payment schedule and convenient withdrawals. Saving Clubs are a great way to separate your Saving Accounts and can be used to save for anything! There are no limits on what you can save for, or how much you can save.
How do Savings Clubs work?
To open a Savings Club, you must first become a Fairmont Federal Credit Union Member.* Once you have become a Fairmont FCU member and opened your Share Savings Account, its time to open a Savings Club. After following the steps above, you can now make regular deposits into the Club(s), either by online banking transfer or by manual deposits. Members may open as many Savings Clubs as they would like.
What are the benefits of Savings Clubs?
Savings Clubs can offer several benefits to any member. These accounts can help you save money for specific goals while also helping you categorize your money. Savings Clubs are a great way to help you stay on track with your budget and avoid overspending.
Savings Clubs can help you develop good savings habits. By making regular deposits into your account, you're creating a habit of saving that can carry over into other areas of your financial life.
Savings Clubs can earn dividends! This means you could receive extra money, just for saving.
Which Savings Clubs does Fairmont FCU offer?
At Fairmont Federal Credit Union, you will find a variety of Saving Clubs. Fairmont FCU offers Savings Club Accounts, Holiday Club Accounts, Youth Savings Club Accounts, and Debit Card Round Up Savings Club Accounts.
Overall, Savings Clubs are a great way to save money for a specific goal, earn dividends and develop good savings habits. Start saving today for a better tomorrow and discover your personal path to financial success! If you're interested in opening a Savings Club Account, request more information on our website, stop in, or call us today!
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*Membership eligibility may apply. Insured by NCUA.
