Whether you’re planning for the holidays, setting aside money for a big purchase, or simply organizing your spending more intentionally, CEFCU offers smart, simple tools to help you stay on track.

Two of the favorites? Holiday Saver Accounts and My Use Accounts. Combined, they make saving not just easier, but more purposeful.

Holiday Saver Accounts: Stress Less During the Holiday Season

The holidays can sneak up fast. Gifts, gatherings, travel, meals — it all adds up. A CEFCU Holiday Saver Account helps you avoid that year-end financial scramble by letting you set aside money throughout the year. The Holiday Saver Account allows members to open a sub-account to save funds for the holiday season. It’s a simple way to build holiday cash throughout the year while earning a competitive dividend.

Benefits include:

  • Automatic Transfers. Build your holiday fund little by little without having to think about it.
  • Seasonal Payout. Funds are automatically deposited into your CEFCU Checking account in the fall, with a payout date of October 1 or November 1 of the current year, just in time for holiday shopping.
  • Less Financial Pressure. No more relying on credit cards or last-minute budgeting.
  • Peace of Mind. Enjoy the season instead of stressing about bills. Plus, CEFCU accounts are Federally insured up to $250,000 by the National Credit Union Administration.

There’s no minimum age to open, and there’s a low minimum opening deposit of $5. Plus, there’s no penalty for early withdrawals — members can withdraw and deposit as desired.

My Use Accounts: Organize Your Money Your Way

My Use Accounts (MUA) are perfect for anyone who wants a clearer picture of where their money is going. These flexible sub-accounts let you create individual “buckets” for specific purposes — you can have up to 94 sub-accounts! — so your money is always working toward something meaningful.

Use them to save for:

  • Travel
  • Car repairs
  • Home updates
  • Pet expenses
  • Emergencies
  • Birthdays or special events
  • Anything else that matters to you!

Why our members love them:

  • Separate funds = less confusion.
  • Easier budgeting and planning.
  • Motivation to stay on track.
  • Quick transfers anytime.

There’s a low minimum opening deposit of $5, or it can be opened by starting a payroll deduction for a minimum of $5. There’s no minimum balance requirement to keep a My Use Account open.

For more information on either of these accounts, visit your nearest CEFCU Member Center or call 1.800.633.7077.

Saving Toward Your Goals: Small Steps, Big Wins

Whether your goals are short-term or years away, having dedicated savings options puts you in control. CEFCU has a variety of other savings resources and tools available that can help you save and budget toward your financial goals.

  • My Save Certificate®. Start small and keep growing with a My Save Certificate.
  • Insured Money Market Accounts (IMMA). Earn a higher dividend rate while maintaining convenient access to your money. It takes just $2,500 to open and maintain a CEFCU IMMA.
  • CEFCU also offers youth accounts for kids and teens — the “stepping stones” in your child’s path to financial adulthood. Get your children started with a Youth Account.
  • Online Budgeting Tools on CEFCU On-Line® and Mobile Banking can help you create a budget, track spending and trends, monitor debts and net worth, as well as cash flow to better manage finances. It also allows you to import all accounts, across financial institutions, so you can see balances and transactions all in one place. From the Menu bar, Online Budgeting Tools can be found under Settings, and navigate to Preferences.
  • CEFCU also partners with GreenPath Financial Wellness, which offers a wealth of financial tips, free online courses, and free financial counseling services. Click here to learn more.

If you’re looking for straightforward ways to stay on track, CEFCU is here to help you get started.