Credit Union Helps Members Save with Round Up Program

June 12, 2013
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toplineMAPLE GROVE, MINN.� TopLine Federal Credit Union is celebrating the success of its round-up savings transfer program, Sum-It-Up SavingsTM. In the first two years of the program, over 1,000 TopLine Federal Credit Union members cumulatively saved nearly $250,000 in their personal savings accounts. Each time TopLine members who enroll in the transfer program make a purchase or ATM transaction with their TopLine Check Card, the total is automatically rounded up to the nearest whole dollar and the difference is transferred into their savings� account. TopLines members add slowly and steadily to their savings, just by doing what theyre doing every day using the debit card tied to their TopLine checking account to pay for groceries, gas and other purchases. TopLine member Jordan Parks signed up for Sum-It-Up Savings in 2011. "I signed up because the program was innovative, and I was getting ready to save to buy my first house," says Parks. "All I had to do was use my TopLine debit card it was so easy. In fact, I just bought my house this spring, and my Sum-It-Up Savings account played a role in making my down payment."
Carter, TopLine president and CEO. "Its been inspirational to see members saving money for many things that first home down payment, building back up emergency reserves, growing a vacation fund, or creating a childs first savings account." For more information, and to sign up for the Sum-It-Up Savings transfer program, email Ask@TopLinecu.com, call 763-391-9494 or stop by any TopLine branch� to speak to a representative. TopLine Federal Credit Union, a Twin Cities-based credit union, is Minnesotas 13th largest, with assets of more than $340 million. Established in 1935, the not-for�profit cooperative offers a complete line of financial services, as well as auto and home insurance, from its five locations in Bloomington, Brooklyn Park, Maple Grove, Plymouth and in St. Pauls Como Park as well as by phone and online at www.TopLinecu.com. Membership is available to anyone who lives, works, worships, attends school or volunteers in Anoka, Carver, Dakota, Hennepin, Ramsey, Scott or Washington Counties and their immediate family members.
Quantifying the Good
$0 Total All Time Reported Impact