
Plan Ahead to Make Saving Stress-Free
Once annually, funds you deposit will automatically transfer to your regular savings account on the first day of the month you’ve chosen. Your deposits and payouts will continue each cycle until you decide to cancel.
HOW IT WORKS
Open a Pick Your Payout savings account
Select your savings goal and amount
Select your payout month
Set up automatic deposits based on your goal and the time you have to reach it
EXAMPLE
Goal #1
$1200 for
Holiday Shopping
Payout Month: November
Automatic Deposit Amount: depends on when you start
$100 per month for 12 months
$150 per month for 8 months
$200 per month for 6 months
Payout: On November 1, $1,200 + dividends will transfer directly into your regular savings account. Happy shopping!
Goal #2
$4,000 for a
Family Vacation
Payout Month: 12 months from now
Start Month: Now
Automatic Deposit Amount: $250 per month for 12 months
Payout: On the first of the month a year and four months from today, $3,000 + dividends will transfer directly into your regular savings account. Bon voyage!
Goal #3
$300 for a
Luxurious Day Trip
Payout Month: A year from today
Start Month: Now
Automatic Deposit Amount: $25 per month for 12 months
Payout: On the first of the month a year from today, $300 + dividends will transfer directly into your regular savings account. Treat Yourself!
VERVE EXPERT TIPS
You’ll need a minimum balance of $100 to earn dividends.
There’s a $10 fee for early withdrawals. If you need more flexibility, consider our Name Your Savings account instead.
Pick Your Payout Rates
| Account | Dividend Rate % | APY % * |
|---|---|---|
| $100 | 0.15% | 0.15% |
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.
Automate monthly deposits toward a specific goal—with flexible budgeting to boot!
Help your kids with money habits designed to grow with your child.