Invest in your future: How to successfully build your emergency Savings Account

We’ve got your back with a few ways to help you find the right balance:

1. Set up a dedicated emergency savings account – A separate account just for emergencies keeps your savings safe from temptation. Our High-Yield Savings Account is a great option—it helps your money grow faster, with no minimum deposit required¹. Plus, you’ll earn our best rates when you save up to $5,000¹.
2. Automate transfers – Setting up automatic transfers to your Savings Account ensures consistent progress and allows you to pay yourself first. Through Digital Banking², you can easily set up recurring transfers:
   • Log into Digital Banking.
   • Select Transfers.
   • Using the "From" and "To" options, select the account the funds will be taken from and the account you wish to transfer to.
   • Select More options to set it up as a recurring transfer.
   • Click Frequency and choose how often the transfer should occur.
   • Use the calendar to select the start date.
   • Click Submit when finished.
3. Assess your finances – Review your monthly transactions to see how much goes toward bills and necessities compared to non-essential purchases. Look for areas where you can reallocate funds to your emergency savings, whether it’s cutting unused subscriptions or reducing food costs by meal prepping. Small changes can add up to big savings.
4. Set a goal – Starting your emergency savings with a clear goal can help keep you motivated. Aim to save three to six months’ worth of living expenses to protect yourself in case of sudden job loss, medical emergencies, car repairs or home issues. This financial buffer helps you avoid high-interest debt when unexpected expenses arise.

Ready to take your finances to the next level? Our Dollars & Sense program is designed for you! Sign up today to work one-on-one with one of our nationally certified Credit Union Financial Counselors. You’ll gain valuable insights into your spending habits, learn smarter savings strategies, get a better understanding of credit factors and more. We’re here to help you increase your financial know-how and achieve your goals!