
Writing Down Your Savings Goals Makes You More Likely to Reach Them
With a Name Your Savings account, you get a flexible, easy‑to‑use budgeting tool that helps you stay on track—whether your goals are weeks or years away. You choose the amounts and the pace—your account helps you stay organized.
HOW IT WORKS
Open a Name Your Savings Account
You can create different accounts to match your individual goals.
Fund your goals your way
Make manual deposits or set up automatic transfers on a schedule that fits your budget.
Celebrate when you hit your goal
Once you’ve saved what you need, use your funds to make the purchase—no penalties, no restrictions.
Example Scenario
You open a Name Your Savings account and set three specific goals:
Savings Goal
New Phone
Savings Amount: $800
Savings Plan: up to you
Savings Goal
Big Screen TV
Savings Amount: $1,200
Savings Plan: up to you
Savings Goal
Used Car
Savings Amount: $800
Savings Plan: up to you
Verve Expert Tips
Tip 1:
Because you can make withdrawals at any time with no penalties, a Name Your Savings account is a low‑risk, flexible way to build toward a goal.
Tip 2:
If you’re saving for something with a set deadline—like holiday shopping or a vacation—our more structured Pick Your Payout account may be a better fit. It offers higher dividends while still helping you stay on track.
Name Your Savings Rates
| Account Balance | Dividend Rate % | APY % * |
|---|---|---|
| $100 | 0.10% | 0.10% |
More Ways to Save
Save for the future + thrive financially with an Optimum, Premier, or Essential Savings.
Earn guaranteed returns. Choose your term and grow your savings.
Get a flexible, safe, higher-dividend-earning retirement savings account.
Save tax-deferred and withdraw for qualified medical expenses tax free.
Save with a purpose. Set a goal and select your payout month to earn higher dividends.
Help your kids with money habits designed to grow with your child.