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December 18, 2023
Navigating Possibilities: Multiple Savings Accounts at CCCU
How many financial goals do you have? There’s probably more than one and saving money for different financial goals might be too overwhelming at times. We have a solution: open multiple savings accounts.
Having multiple savings accounts can provide you with a wide range of benefits including the ability to better organize your funds. When you have multiple savings accounts, you are dedicating each account to a specific goal/purpose. This could be your emergency fund or a vacation fund. With multiple savings accounts, you can easily track your progress and ensure you’re setting aside enough money to achieve them.
We know that life has a way of surprising us with unexpected expenses and another great benefit of having multiple savings accounts is that you avoid using your whole savings account for an emergency or completely avoid using it for non-essential expenses.
So, whether you’re saving for an emergency fund or dream vacation, CCCU offers multiple savings account options:
- Membership Savings – this is your main savings account that helps our members save for their financial goals.
- Christmas Club – this account helps our members to put money aside each month in anticipation of holiday shopping; the money can’t be accessed until it’s closer to the holiday season.
- Vacation Club – budgeting for a family vacation can be a stressful process, but with the vacation club savings account you set up an automatic deposit each month and then watch your fund grow.
- Secondary Savings – in addition to our regular membership savings account, you can open a secondary savings account for your other financial goals. You can save for as long as you want and withdraw as needed from this dedicated secondary savings account.
For more information about other ways to save, please visit the Clark County Credit Union Savings Account webpage or call us at 702-228-2228.
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