How’s your emergency fund looking?

With high inflation and changes in the economy, putting savings aside is more important than ever. Yet 27% of American adults don’t have any emergency savings according to a May 2024 survey conducted by Bankrate.

The good news is it’s not too late to start saving or to revise your savings plan if you already have one. This involves setting a budget, trimming back expenses and setting money aside each month to meet your emergency fund goals. Once you reach your goals, congratulations! It’s time to celebrate…by setting a new goal and watching your savings grow even more.

As you’re building your emergency fund, consider your needs and look for an account that allows withdrawals at any time. Any of the following are great options:

7-Month No Penalty Certificate
Withdraw the funds with no penalty.

Companion Account
This savings account earns an amazing rate when partnered with a Certificate. There is no monthly fee or minimum balance requirements.

Money Market Account
Waive the $10 monthly fee with a minimum daily balance of $2,500.

Savings Account
This account has no frills and no monthly fee. Just your everyday savings account.

Open Account

Stanford FCU is here to help. Part of saying YES to your success means making sure you have the right financial tools to live your best life and be prepared for whatever comes your way.