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Saving Smarter, Not Harder: Leveraging Credit Union Resources to Accelerate Your Saving Goals

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Building a nest egg is crucial for achieving financial wellness. Many credit unions have special resources in place to help you achieve your saving goals so that you’re prepared for home ownership, college, dream purchases such as a boat or RV, and whatever else the future has in store for you and your family. 

It’s never too early—or too late—to gain financial literacy. Your credit union can be an invaluable resource in helping to turn your financial goals into realities.

The Credit Union Advantage

Credit unions aren't for-profit institutions. Because credit unions do not have outside shareholders, we keep your money in the community, where it can continue to work for you. 

This means we can afford to extend higher rates on savings accounts, lower APRs on loans, and more affordable fees. We provide personalized guidance on everything from buying your first home to saving for weddings. 

Credit unions can offer many of the resources of a big bank, such as convenient mobile apps and federally insured accounts. But we can offer benefits that banks can’t, like local knowledge and a personal touch. 

Put Our Personalized Financial Planning Services to Work

We help our members get on the right track by offering personalized financial planning services. Meeting with a trusted advisor is an opportunity to go over your finances, discuss your saving goals, create a budget, and determine whether you should save the recommended 20 percent of your income or more.

Invest in You With High-Interest Savings Accounts

You'll be more likely to find a high-yield savings account through a credit union than at a bank, and you’ll also benefit from lower fees. When comparing savings products, make sure to look at interest rates, minimum deposits, and perks to find the right fit. 

Leverage Our Educational Resources and Workshops

Power Financial Credit Union puts a world of resources right at your fingertips. After all, no one is born knowing how to compare mortgage options, consolidate debt, or finance a new car. Our educational resources teach you to do all this and more. 

We even have resources to help you teach the kiddos how to get an early start on saving for the future. Let’s empower the next generation together!

Meet Your Saving Goals With Savings Challenges and Incentives

Building a safety net with your savings is a cornerstone of financial wellness. We want to help everyone achieve this goal by offering incentives to save.

Many credit unions offer savings products with deposit bonuses or other perks designed to deliver more value when you save. These perks can make saving fun and help you make saving a habit.

Our Mobile App Puts You in Control

Did you know that over 60 percent of Americans use mobile banking? Check your balance on the go, schedule recurring transfers to your savings account, make a remote deposit, or manage your finances right in our mobile app. Our products and tools, such as savings trackers and goal-setting products, can be accessed on the go as well. Our cutting-edge security features make remote banking as safe as dropping into your local branch. 

Community Engagement and Networking Events

Our local focus gives us the opportunity to organize and participate in events that build connections within the community. For instance, one of our past initiatives sponsored financial literacy education at local schools.

Credit unions have a stake in the financial health of the community and its members. Financial education at the local level enriches the entire community and beyond.

Achieve Your Savings Goals With Power Financial Credit Union

Power Financial Credit Union is not just a place to store your money. We provide extensive tools and resources to help you compare mortgages, consolidate debt, or start a business. Our website should be your first stop when you’re considering any new financial move, and our expert advisors are on hand to provide personalized guidance. You never have to make big decisions that involve your family’s financial well-being alone. 

We'd like to encourage you to contact us to learn more about how PFCU can help you achieve your saving goals. We invite you to join nearly 35,000 Power Financial Credit Union members who leverage our expertise to create the future they deserve.