Savings to Plan Your Summer
Introduction
Budgeting for summer travel? No problem. Limited income during summer months? Here's your solution! The Summer Savers account is a smart and easy way to save for your summer vacation and earn dividends!
Build Your Summer Budget
Set up regular, automated deposits into this savings account for your summer budget. It's your plan, completely customizable to fit your goals for the season.
Plus, one of our nationally accredited Financial Wellness Officers can help to review your finances, determine your savings needs, and choose a plan that works for you.
Simple as 1, 2, 3!
Here's how it works.
- Determine the amount you want to save per pay period.
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We’ll help you set up your savings through:
- Direct deposit from your payroll
- Transfer from another account
- Mail or in person deposits
…or however it’s most convenient for you!
- Your total Summer Savers balance automatically transfers to your primary savings on July 1st.
It’s that easy!
Your New Savings Plan
Customize a savings plan tailored to your specific needs.
Here are a few ideas, illustrating your potential savings after 44 weeks of regular deposits:
- $25 per week = $1,100 plus dividends
- $50 per week = $2,200 plus dividends
- $100 per week = $4,400 plus dividends
Consider saving 10% of your paychecks.
Let’s say 10% of your income is $500 per month. After ten months plus dividends, you’d have more than $5,000 in your Summer Savers!
Sounds like a healthy start to your summer vacation, right?
Open your new Summer Savers in digital banking or speak with our Contact Center at 800.242.2120 to get started.
If you'd like assistance, let us know. We can guide you through the steps to set up automated deposits and transfers to make sure you're on the path to success.
Additional Information
*Visions membership required with $1 minimum deposit. For membership eligibility details, visit visionsfcu.org/join. Dividends are compounded daily and credited monthly. For current rates, view Share Money Manager savings rates at visionsfcu.org/rates. Federally insured by NCUA.
Savings Calculators
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- What will it take to save for a college education?
- How long will it take to reach my savings goal?
- How much will my Share Certificate be worth at maturity?
- Which savings option earns more if rates go up?
- How much will my savings be worth?
- What will it take to become a millionaire?
- How can I benefit from a CD ladder?
- How much do I need to deposit monthly to reach my savings goal?
- How much of a difference will the rate make?
- How much should I deposit now to reach my savings goal?
- How will taxes and inflation affect my savings?
- What rate of return do I need to reach my savings goal?
- What's it worth to reduce my spending?
- Which is better: cash up front or payments over time?
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