No matter where you are in life - whether it’s buying a new home, expecting a baby, going to college, planning a wedding or taking a vacation – there is always a reason to save. Many of us fall into the trap of putting all of our savings in one bucket and then pulling from it as we go. You’ve probably heard the old saying, “You can’t be everything to everybody”, right? Well, neither should your savings account. With our “U Name It Savings Program”, you can set up and name individual savings accounts for fun goals or big dreams, while keeping your primary savings account separate for other needs. Not only does this approach help you realize your dreams more, but you can reach them faster. By devoting one account to each goal, you can better track your savings and expenses.
You may be saying, really what’s in a name? Well, everything you put into it! A name gives you an identity and defines who you are. And most importantly, it means something and it belongs to you. You own it. Simply stated, the U Name It Savings Program allows you to give new meaning to your savings goals by naming them. Have fun with it and be creative, like the examples below:
Adding to your family
U Name It Savings Account
Baby on Board Account
In addition to personalizing it, your U Name It Savings Account works like your primary savings account. You only need $5 to establish one. Your U Name It Savings Accounts will fall under your primary account (meaning it will be on your same statement), so it’s easy to keep track of all your savings and goals. Plus, you don’t need to worry about learning another account number! Your funds are flexible and available when you need them, and the account earns quarterly dividends on minimum balances of $100 or more. It’s also easily accessible through internet banking with Telco Online or telephone banking with our 24/7 automated system.
Take one step closer to making your dreams a reality. Call us at 1.800.24.TELCO or visit your local branch today for more information or to set up your U Name It Savings accounts.
What will U name yours?