Additional Savings Accounts
Additional Savings Accounts at Circle Federal Credit Union are designed to help members organize their savings for specific financial goals without opening separate memberships. Whether you're saving for the holidays, planning a vacation, setting money aside for taxes, or building a fund for a future purchase, these accounts make it easy to keep your savings organized while continuing to earn dividends.
Save With Purpose
One of the biggest challenges of saving is keeping track of money intended for different goals. Additional Savings Accounts solve this by allowing members to create separate "sub accounts" that are dedicated to individual savings objectives. Instead of mixing all of your savings together, you can maintain individual accounts for expenses such as:
- Holiday shopping
- Vacations and travel
- Property or income taxes
- Home improvements
- Emergency savings
- Wedding or special events
- Education expenses
- Any other personal savings goal
By separating funds into dedicated accounts, it's easier to stay on budget and monitor your progress toward each financial milestone.
Christmas Club Accounts
Circle FCU's Christmas Club Account is designed specifically for holiday budgeting. Throughout the year, members can make deposits whenever they choose, building savings for gifts, travel, decorations, and seasonal expenses.
A unique feature of the Christmas Club is that the balance automatically transfers into your primary savings account on the evening of October 31 each year, making your holiday funds readily available before the busy shopping season begins. This automatic transfer eliminates the need to remember when to move your money and helps encourage year-round saving.
Easily Create New Sub Accounts Online
Circle FCU allows members to open Additional Savings Accounts directly through It'sMe247 Online Banking, making the process quick and convenient.
To create a new sub account:
- Log in to Online Banking.
- Select the New Accounts tab.
- Choose More Share Info.
- Click Open.
- Make your initial deposit and assign a nickname to the account.
Nicknaming accounts—such as "Vacation 2027" or "Emergency Fund"—makes it easier to track progress and stay organized.
