Shortcut to Savings Program

Transfer Information. To participate in the “Shortcut to Savings” program (Program) you must: (i) notify us through our website, by phone, email, or in person to opt-in; and (ii) have been issued a debit card. The Program rounds up each debit purchase transaction (Purchase) to the nearest dollar and transfers any amount in excess (Amount) from the checking account (Account) to a designated savings or sub-savings account (Savings). Each calendar day the Program requirements are met, the difference between the actual Purchase and the amount rounded up to the nearest dollar will be transferred to the Savings. If a Purchase is reversed, the transfer amount will still post to the Savings. If there are insufficient funds in the Account, the transfer will not be posted to Savings. Transfers to the Savings will show as a single transaction. The Amount is the sum of all transfers that occurred in the same calendar day. Example: a transaction of $25.17 would result in a transfer of $0.83 to the Savings. A subsequent transaction [that same day] of $26.01 would result in a transfer of $0.99 to the Savings. In the Account these transactions would be recorded as: (i) a transaction of $25.17; (ii) a subsequent transaction of $26.01; and (iii) a transfer Amount of $1.82 to the Savings. If transactions end in .00 cents the amount transferred will be $1.00.

You may opt-out of the savings program anytime by notifying us by phone, email, or in person. Some restrictions may apply