September 22, 2022
The Summit is excited to announce its newest product – RoundUp Savings. A RoundUp Savings account offers members an easy way to save while they spend using their Summit Visa Debit Card.
When a member of The Summit makes a purchase with their Summit Visa® Debit Card, the transaction is “rounded up” to the nearest dollar and the spare change is automatically transferred from their Checking account to their RoundUp Savings account. Members then sit back and watch their savings grow. Featuring a great rate, there is no minimum balance required for a RoundUp Savings account. Plus, as the account reaches financial milestones, members can earn a Milestone Bonus of up to $50.
“As a credit union, we play an important role in helping our members establish strong savings behaviors,” said Twanda Christensen, Vice President of Marketing and Community Engagement. “By offering the RoundUp Savings account, we can assist our members and help them build up a savings account for unexpected expenses that may come their way, while at the same time fostering those proactive savings habits.”
The Summit is continuously developing new products that will help their members achieve their financial goals and is one of a limited number of credit unions in the Finger Lakes and Western and Central New York regions to offer an account such as this.
Click here to learn more about RoundUp Savings account.