Keeping your money in an FDIC-insured bank, like ours, does more than just keep it safe from loss or theft. It’s your financial home base, and it’s all about leveling up your financial status and strength.

The banking account, tools and services help you:

• Track spending, with little effort
• Move money instantly, from anywhere
• Start building credit (credit is your financial reputation)
• Unlock bigger things later (e.g., loans, homes, cars, etc.)

Not all accounts are the same, and using both is key.

Checking Account = Everyday Money

• For food, gas, subscriptions and fun
• Helps you stay on top of spending and bill paying
• Paying bills on time is good for your credit

Savings Account = Future Money

• Life-happens emergency fund
• Trips, concerts, big purchases
• The money you don’t want to accidentally spend

You don’t need to be rich or perfect; you just need to be consistent.

• Pay yourself first. Set up automatic transfers to savings every time you get paid.
• Know where your money goes. Track spending with your bank’s financial management tool.
• Be real about needs vs. wants. Pay rent before buying takeout, but leave room for fun.
• Have a backup plan. Aim to save three to six months of living expenses over time.

The earlier you start saving, the faster it grows, thanks to compound interest (It’s like being paid to keep your money in the account). Even small, consistent deposits add up over time.

In addition to our NextGen Checking and Savings accounts, you might consider a Certificate of Deposit (CD) to help your savings grow faster.

Credit can help you or hurt you. It all depends on how you use it.

• Start small (e.g., beginner credit card or small loans. They’re manageable and build credit.)
• Read the fine print before committing
• Only spend what you can actually pay back
• ALWAYS pay on time (very important!)
• Keep an eye on your credit score

TIP! Good credit = better rates and deals on loans and insurance

IMPORTANT: Understanding your credit is essential. We recommend regularly reviewing your credit report to check for errors and protect against identity theft. You can check your credit report at AnnualCreditReport.com, which provides a free credit report from the three major bureaus: Equifax, Experian and TransUnion.