Unexpected expenses happen to everyone. A car repair, medical bill, or home maintenance issue can arrive without warning. Having a “rainy day” fund can help protect you from financial stress and give you peace of mind when life hands you a surprise.
• Savings Accounts –Build up your emergency fund or save for goals while earning interest.
• Money Market Accounts – Grow your higher-balance savings with competitive rates while having limited check-writing access.
• Certificates of Deposit (CD) – Earn a fixed rate of return for a set period of time on funds you don’t need immediately. Various terms available.
Saving even a small amount regularly will add up over time. Setting up automatic transfers from your checking account is an easy way to build your savings without thinking about it. You’d be amazed how quickly saving $20 every paycheck will build up.
Round-up savings is another option to explore. With compatible CNext checking and savings accounts, each debit card transaction is “rounded up” to the nearest dollar, and the change is automatically deposited into your linked savings account.
If you’re ready to start your rainy day fund or grow your existing savings, Century Next Bank is here to help.
Visit your nearest branch and speak with one of our team members today to explore savings options and find the right fit for your financial goals.
