December 31, 2007

In this press release, Personal Care America FCU announces three new savings products.

G.R.A.D. - “Getting Ready for A Degree”
A savings account that is available to members wishing to save money for future education. It can be used personally for the individual or for any family member including children, grandchildren, nieces, and nephews. The money collected in this account can be used for, but is not limited to, educational expenses such as tuition, books, and registration fees at both primary and secondary institutions.

H.O.M.E. - “Home Ownership Made Easier”
An account designed to help buyers save money that can be applied towards the purchase of their first home. The home must be purchased in the name of the account holder. Acceptable costs that are covered by the account include down payments, inspections, mortgage fees, and closing costs.

P.A.C.E. - “Planning Ahead for a Cash Emergency”
Provides a way for members to save money for unexpected cash emergencies that might otherwise deplete traditional savings accounts or be paid with credit cards. Events such as job loss, auto or home repair, and family illness are just a few that qualify for this savings plan.

Share

---

Previous related stories from The Financial Brand:

• Wachovia ties new automatic savings product to debits
• What Gen X, Gen Y think about their financial situation
• Regions Bank hopes consumers LOVE to SAVE
• Is it time to rename ‘checking accounts?’

SPONSORED MESSAGE: Is your bank or credit union ready to go green with its branches? Watch this free webinar playback, “Green Is The New Black,” where the branch-building experts at Momentum outline the strategy, rationale, challenges, advantages and ROI of eco-friendly financial facilities. WATCH NOW