MAPLE GROVE, MN--(Marketwire - Jun 2, 2011) - In the old days, people took the change in their pockets at the end of each day, and put it in a jar to save. Now, TopLine Federal Credit Union has brought this savings trick to the digital age. What if every time you made a purchase or ATM transaction with your debit card, your financial institution automatically rounded up to the nearest whole dollar and transferred the difference into a savings account you choose?
TopLine Federal Credit Union has launched a new round-up savings transfer program, Sum-It-Up Savings™, that does just that. Members can save for anything, by just doing what they're doing everyday -- using their debit card that is tied to their checking account to pay for groceries, gas and other purchases. The credit union rounds up each transaction that is made with TopLine's Smart Rewards Check Card to the nearest whole dollar, and transfers the difference into a savings account of the member's choosing.
"TopLine is the first credit union in our market to offer a product like this -- a program that makes saving completely painless," says Harry Carter. "It's an easy way to help our members save money by building an emergency reserve, creating a child's savings or holiday spending account or even socking dollars away in a 'mad money' fund."
TopLine Federal Credit Union, a Twin Cities-based credit union, is Minnesota's 13th largest, with assets of more than $300 million. Established in 1935, TopLine offers a complete line of financial services from its five locations -- in St. Paul's Como Park, and in Brooklyn Park, Edina, Maple Grove and Plymouth -- as well as by phone and online at www.TopLinecu.com. Membership is available to anyone who lives, works, worships, attends school or volunteers in Anoka, Carver, Dakota, Hennepin, Ramsey, Scott or Washington Counties and their immediate family members.