How (and How Much) to Save in an Emergency Savings Account
This free guide provides tools and tips to help you prepare for the unexpected.
34% have no emergency savings1
69% have less than $1k in emergency savings.2
$2,800 cost to replace car transmission.1
$1,233 average cost of ER visit.3
$1,000 – 3 months of expenses recommended amount in emergency savings.2
Set up direct deposit to automatically transfer money.
Make Deposits Monthly
Save $50 or more per month to be eligible for savings rewards.
Earn Savings Rewards
Get rewarded at 3, 6, 12, and 24 months for consistently saving.
Total Amount in Savings Rewards = $100
Separate is Smarter:
Have you ever heard anyone say, 'out of sight, out of mind'? Turns out it’s true. 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.
Saving You From … You:
Sometimes our worst enemy is ourselves when it comes to building our emergency fund. It’s all too easy to use emergency savings for things like vacations, gifts or home updates. To help save you from you, our Emergency Savings Share Account charges a fee for any withdrawals or transfers exceeding once per month.