We believe in saving for the good things in life!
Idaho Central Credit Union is proud to participate in America Saves Week 2021, an annual opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own savings status. We are here to help you achieve financial success.
Saving can be a challenge, but with the right tools and motivation you can build a great foundation. Saving shouldn’t be something you do every now and again, but should be a habit for all of us. Take the savings pledge with America Saves and check out our offers to help get you on the right path.
Reward Yourself for Saving
Knowing where to start can be the hardest part of saving. To help with that first step we have two different offers you can take advantage of. Making the most of your money is important in achieving financial success.
$30 for New Members
New members who open a savings account set up with a recurring deposit to encourage savings will receive $30. Plus, we’ll waive the $5 membership fee!*
Chance to Win $250!
Sit down for a financial review to see if we can help you save, and be entered for a chance to win $250 to stack up your savings.** Visit your local branch to get a financial review today.
Daily Savings Tips
MONDAY: Save Automatically. Here’s what we know: saving automatically is the easiest and most effective way to save. Whether saving for an emergency fund, education expenses, retirement or all things in between, by making saving automatic our community is in the best possible position to reach any savings goal.
TUESDAY: Save for the Unexpected. America is in a Savings Crisis. We all know the stat – “Forty percent of Americans don’t have access to even $400 cash in the case of an emergency.” Additionally, the average debt in collections is just under $400 – so it’s easy to imagine the impact of more Americans having a $500 emergency fund. Here are 38 reasons you need at least $500 in savings.
WEDNESDAY: Save to Retire. Preparing for retirement can easily be pushed into the “someday” category, as we focus on present needs and expenses. In fact, very few Americans have a plan for retirement savings that is adequate for their desired standard of living after they retire. Here are some questions to ask yourself when saving for retirement.
THURSDAY: Save by Reducing Debt. We talk about savings all the time, but here’s something that you don’t hear as often: paying down your debt IS saving! When you actively reduce your debt you save on interest. When you pay on time, you save on late fees and maintain your credit score – which will save money long-term. Reducing your debt is a form of saving and should be a component of your financial plan.
FRIDAY: Save as a Family. The best way to teach great money habits to our children is to model great money habits. While most Americans know the importance of making sound financial decisions, many feel that money management wasn’t taught to them at a young age. Here are five easy ways to teach kids how to save at home.
*Must be a new ICCU member to qualify. $30 bonus to be deposited into savings account at time of account opening when account is opened with minimum balance and recurring deposit. Minimum $25 to open the account. Membership fee of $5 will be waived for this promotion only. Account must remain open for minimum of 90 days from reward date, or $30 will be debited from account at closing. Membership required, based on eligibility. Offer valid 2/22 – 2/26, 2021.
**No purchase or membership necessary. Odds of winning depend on number of eligible entries. Prize consists of (1) $250 cash reward at each full-service ICCU branch. One $250 cash reward allowed per person, per household. The sweepstakes period begins on February 22, 2021 and ends on February 26, 2021. Entrants will be automatically entered into the sweepstakes when they complete a financial review with an Idaho Central Financial Services Officer during the sweepstakes period. Entrants may enter the sweepstakes without cost or obligation by legibly hand-printing or typing their name, home address, resident county, email address, and phone number on a 3″ x 5″ card and mailing it in an envelope with proper postage to: Idaho Central Credit Union, ATTN: Marketing Department, P.O. Box 2469, Pocatello, ID 83206. Only one entry per stamped envelope mailed to Idaho Central Credit Union is eligible for the contest. One entry per person, per household. All entries must be postmarked by February 26, 2021. Eligible participants must be 18 years of age or older and legal residents of the States of Idaho or Washington, and must possess a valid government issued driver’s license or other form of photo identification, such as a state-issued ID card or passport.