Set aside savings for special annual events.
Maybe you want to save for birthdays, weddings or holidays. Or maybe it’s your association’s annual convention that you make a key part of your business growth.
Signature Savings accounts are useful for setting money aside to use for specific events that occur each year. With this money in a separate account from your regular Share Savings or Checking, you can be sure not to overspend when the time comes to withdrawal, and you can keep that rainy-day money growing in your Savings account.
There are no fees and not having a minimum balance requirement is handy when all the annual events happen to fall in one short time period. To make saving easy, you can set up automatic transfers to your account and watch it grow.
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