Emergency Savings Account

Hello, savings. Goodbye, freak-out.
Be prepared for whatever life throws at you with an emergency savings account.

Let Us Provide
Your Sigh of Relief

There’s a good chance you’ll need some kind of emergency financial help in this lifetime—think major car or home repairs, unexpected medical bills or losing your job.

 

Instead of relying on credit cards and personal loans, we’ve got the best way to keep your head above water: an emergency savings account that rewards you for saving.

 

Thrivent Federal Credit Union’s Emergency Savings Share Account offers:

No Fees - No fees to open or maintain your account

No Fees

There are no fees to open or maintain your account. (Fees only occur if you make more than one withdrawal or transfer per month—which defeats the purpose of saving, right?)

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$1 MINIMUM BALANCE

We understand you may need to make withdrawals when emergencies happen. As long as you keep at least $1 in your account, you won’t face fees.

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Perks

Once you open your account, you can take advantage of the many benefits brightpeak offers, including free access to financial professionals.

Attractive rates

Thrivent Federal Credit Union’s Emergency Savings Share Account* offers competitive dividend and APY rates (compounded daily and credited monthly).

Account Value:
$25.00 – $999.99
Dividend Rate:
0.10%
APY:
0.10%

Account Value:
$1,000 – $4,999.99
Dividend Rate:
0.50%
APY:
0.50%

Account Value:
$5,000+
Dividend Rate:
0.10%
APY:
0.10%

*This savings account represents your “share” in Thrivent Federal Credit Union, a not-for-profit financial cooperative.

Rewards

If saving money isn’t rewarding enough, we’ve got a little extra encouragement that you won’t find anywhere else.

When you grow your balance by at least $50 a month, we’ll add a little extra to boost your savings.

Separate Is Smarter

You may be asking yourself, “Why would I need a separate account for my emergency savings? I already have a savings account with my bank.”

The short answer is out of sight, out of mind.

Here’s a good personal finance tip: You’re less likely to dip into your savings if you’re not routinely viewing the balance. Setting up automatic deposits into an account outside of your regular bank is a good way to keep your emergency fund growing. (Plus, we’ll help you out with up to $100 in rewards.)

Why brightpeak?

When emergencies happen, we help cushion the fall by building your savings faster than other banks.

 

See how our rates (plus rewards) stack up when you save $50 a month continually for 12 months with no withdrawals.

1Earnings based on 0.01% interest rate effective January 2016.
2Earnings based on 1.00% interest rate effective January 2016.
3Earnings based on 0.10% dividend rate effective January 2016 and $50 in cash rewards received.

What Our Members Are Saying

brightpeak financial is a division of Thrivent Financial, a membership organization of Christians. We exist solely to help young Christians grow stronger financially so that they may live with confidence and generosity.

At Thrivent Federal Credit Union, we guide members seeking meaningful change based on faith-based principles of money management.

brightpeak financial is a division of Thrivent Financial, a membership organization of Christians. We exist solely to help young Christians grow stronger financially so that they may live with confidence and generosity.

At Thrivent Federal Credit Union, we guide members seeking meaningful change based on faith-based principles of money management.

Open your account now

Deposit and lending services are offered by Thrivent Federal Credit Union, a member-owned not-for-profit financial cooperative that is federally insured by the National Credit Union Administration and doing business in accordance with the Federal Fair Lending Laws. Must qualify for membership. Insurance, securities, investment advisory and trust and investment management accounts and services offered by Thrivent Financial, the marketing name for Thrivent Financial for Lutherans, or its affiliates are not deposits or obligations of Thrivent Federal Credit Union, are not guaranteed by Thrivent Federal Credit Union or any bank, are not insured by the NCUA, FDIC or any other federal government agency, and involve investment risk, including possible loss of the principal amount invested.
This rewards program is offered and administered by brightpeak financial, which is not affiliated with TFCU. TFCU is not responsible for managing and will have no liability related to the rewards program.
*The account is not available to residents of Arkansas, Georgia, Nevada and Oklahoma.