PORTSMOUTH, N.H. — Northeast Credit Union wants consumers to make the most of their economic stimulus checks and start saving.
The credit union has recently unveiled its Silver Lining Savings, a savings account with an annual percentage yield of 4.09% on the first $500. In addition, it includes special benefits such as no monthly maintenance, minimum balance or withdrawal fees, and electronic funding and automatic deposit transfers from other accounts.
The account is designed to encourage consumers to save at least some of their economic stimulus checks to start an emergency fund that can cover unexpected expenses and the rising cost of living.
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