Monthly Savings Plan - Bond Beater
A great way to save! Designed as a bond alternative, this convenient plan can be set up quickly and easily with automatic transfers.
Benefits:
- Save money with NO FEES
- Earn more interest with higher rates than comparable plans
Features:
- Rate of return guaranteed to be 1/4 of 1 percent higher than comparable plans
- Available to set up anytime you have a savings goal you wish to reach - vacation, Christmas, down payment for your new home
- Compounded monthly interest
- Matures when your goal is reached
- Convenient automatic transfer from your reqular account
SAMPLE Bond Beater PAYMENT SCHEDULE
Click for currrent interest rate
Payment Frequency |
Savings Goal* |
||
$100 |
$500 |
$1,000 |
|
12 monthly |
$8.34 |
$41.67 |
$83.34 |
24 bi-monthly |
$4.17 |
$20.84 |
$41.67 |
26 bi-weekly |
$3.85 |
$19.24 |
$38.47 |
52 weekly |
$1.93 |
$9.62 |
$19.24 |
Interest is calculated on your minimum daily balance and paid monthly directly to the account.
See your credit union staff to set one up today!
*numbers are rounded