No Excuses Savings Club
We believe there is an opportunity to help members meet their desire to save more by implementing a robust automatic savings program tied to debit card usage. The program would allow members to round up their debit card purchases to the nearest dollar, and then deduct that rounded amount from their checking account and have it moved into a savings account. The credit union could then offer a match on the saved amount while offsetting the cost via increased debit card usage.
Contact us to learn more about this idea from Filene i3.