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 Don't let inflation get the best of your money – take charge of your finances and make your money work better for you. St. Anne's offers various accounts to help you tackle this challenge. From a simple Free Savings Account to specialized ones like the Acorn Savings Account for kids, Christmas and Vacation Club Accounts for holiday fun, to certificates of deposit and retirement accounts for the future, there's something to suit everyone's needs.
Diverse Savings Account Options: Tailored to Your Needs
Prices may be on the rise, but the right savings account can help you stay ahead of the curve. At St. Anne's Credit Union, you'll find a range of savings account options to address the challenges of inflation:
- Free Savings Account: This basic savings account provides a secure place to build your funds while maintaining accessibility for emergencies.
- Acorn Savings Account: Teach your children the importance of saving, giving them a head start in managing their finances effectively.
- Christmas and Vacation Club Accounts: These specialized accounts allow you to save for holiday expenses or a well-deserved vacation, ensuring you can enjoy life's pleasures without worrying about your inflated everyday expenses’ impact.
- Certificates of Deposit (CDs): If you're looking to shield your savings from the effects of inflation, savings certificates offer fixed terms and competitive rates.
- Individual Retirement Accounts (IRAs): Secure your retirement funds from inflation's eroding effects with an IRA tailored to your long-term goals.
The First Step: Opening a Savings Account Online or at Your Local Branch
You can open a Free Savings Account directly on the St. Anne’s website by clicking ‘Open a New Account’. Club Accounts, Acorn Accounts, CDs and IRAs can be opened at the most convenient branch location for you.
 The Next Step: Setting Up Direct Deposit
With your savings account established, let's now delve into how your employer’s automatic direct deposit can help you optimize your income:
- Contact your Human Resources (HR) or payroll department: Inform your employer about your intention to set up direct deposit to your savings account.
- Provide account details: Share your savings account number and the credit union's routing number with your employer to ensure your funds are directed appropriately.
- Select the deposit amount: Decide on the percentage or specific amount of your paycheck that you'd like deposited into your savings account each pay period.
- Witness your savings grow: With a portion of each paycheck going into your savings account, you'll see your balance grow consistently, providing you with financial security amidst the challenges of inflation.
Whether its inflation or big plans, with the right savings account and a proactive approach, you can secure your financial future. By choosing a savings account that matches your goals and automating your savings with direct deposit, you're taking concrete steps to protect and grow your money.
Don't wait - start fortifying your financial well-being today!
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