Saving money may not be easy for some members. It’s easy to get off track and save less than intended when you’re not consistently saving a portion of every paycheck. Many people fall into a habit of only saving what is leftover after living expenses and discretionary purchases have been made.
Our streamlined interface lets members choose which checking accounts they want attached to the program. Debit card transactions are then rounded up to the next whole dollar amount and the funds are tracked on the account. The rounded up funds can be either deposited into the savings account of the member’s choosing (Savings Jar), or donated to a charity that your credit union supports (Charity Jar).
Savings Jar addresses the needs of members living paycheck to paycheck, assisting them in creating an automated savings goal. Charity Jar makes it easy for your members to donate to charity. And, your credit union can offer either or both options to your members.
Key Features:
