Maximize Your Savings – Products for Goal-Centric Financial Planning
Robins Financial Credit Union is dedicated to our mission to be Member Focused, Financial Partners, Community Proud. We empower our members with the financial knowledge and resources they need to make informed decisions and achieve their financial goals.
Financial success doesn’t happen by chance – it's built on intentional planning, smart habits, and the right tools. No matter your financial goal, whether it’s saving for a dream vacation, new car, or buying the house of your dreams, using tailored savings products can help you reach these goals faster and with more confidence. At Robins Financial, we assist our members in taking control of their financial futures. That’s why we offer a wide range of savings products designed to match your unique goals and make the most of every dollar you earn. Let us get you lined up with the right products to help you reach your goals.
Determine Your Financial Goals
The first step in maximizing your savings is to determine what your financial goals actually are. When making your list, be sure to ask yourself:
- What am I saving for?
- When do I need the money?
- How much do I need?
- What’s my risk tolerance?
These questions will guide your savings strategy and help you determine which products are best suited to your timeline and savings objectives. Whether you’re focused on short-term goals like building an emergency fund or long-term aspirations like retirement, we have savings solutions to fit your needs.
1. Primary Savings Account: Your Foundation
Every journey begins with a single step, and that’s opening your primary savings account. This account can serve as your gateway to becoming a part of Robins Financial Credit Union, if you aren’t already a member, and provides a secure place to keep your funds while earning dividends.
Your primary savings account is perfect for building an emergency fund, starting your savings journey, or saving for short-term goals like holiday shopping or weekend getaways. Starting here helps you build healthy financial habits while watching your money grow.
2. Secondary Savings Accounts: Keep Your Goals Separate
Trying to manage all your savings in one account can get messy and confusing. That’s where your secondary savings account comes in. At Robins Financial, you can open multiple savings accounts depending on your specific savings goals. Nickname each account so you don’t mix them up by using names such as “New Car Fund” or “Vacation Fund.”
Your secondary savings accounts can keep your goals organized, make tracking the progress for each goal easier, and help you avoid dipping into funds you have set aside for something important.
3. Share Certificates: Secure Savings with Higher Returns
If you have funds that you won’t need access to right away, you can set them aside for a fixed period with a share certificate from Robins Financial Credit Union. We proudly offer a variety of share certificates with flexible terms and competitive rates that are often higher than the standard savings account.
- Share & IRA Certificates –
- terms from 6 months up to 5 years
- Minimum deposit of $500
- Easy Save Certificate –
- 12-month term
- Minimum deposit of $100
- Super Saver Certificate –
- 15-month term
- Minimum deposit of $100
- Higher return on deposits
A share certificate can be best for medium- to long-term goals like saving for college tuition, a wedding, or a down payment on your first home. Although there are typically penalties for withdrawing your funds early, this discipline-building tool can help keep you accountable on your savings journey.
4. Christmas Club Savings Account: Stress-Free Holiday Shopping and More
Our Christmas Club Savings Account makes saving easier than ever. Whether you’re saving up for holiday shopping and travel, or other year-end expenses like taxes or insurance, this product has you covered. After opening your account, you can make deposits all year long, then on November 1, the funds you’ve saved will be deposited into your selected account.
Deposit funds at your own pace throughout the year or easily set up automatic transfers within Digital Banking. A Christmas Club Savings Account may be just what you need to boost your budget and help you save year-round.
Automate Your Savings
No matter what savings product you choose, the best way to stay on top of your savings goal is to automate your deposits. You can set up automatic transfers to your savings account in Digital Banking or take advantage of our Change the Way You Save program. With this program, once you’re enrolled, every purchase made with your Robins Financial Credit Union debit card will be rounded to the next dollar and the change is then deposited into your savings account. Just sit back and watch your savings grow!
Next Steps
Ready to maximize your savings? We have the products and personalized services for you to reach your goals faster.
- Visit our website to view our full suite of savings products
- Open your account online or make an appointment at your nearest branch location
Start making the most of your savings today!
Read our other blog articles to help you gain the financial knowledge you need to succeed.