Special Purpose Savings

Special Purpose Savings in Des Moines, IA

We hear time and time again; we don't save enough. And we never truly understand that until the day we need those savings. We’re here to help you go from the panic of not saving enough to having a surplus in both your primary savings and your special purpose savings for expenses that may occur in life. Financial Plus offers many products to help you save for whatever you need to save for - and not just longer term, larger savings. That's where the Special Purpose Share Account comes in. This account is like a piggy bank that keeps all the extra cash you’ve got laying around—or that you deposit—to save it for a rainy day. It also keeps track of how much you have and how much more you need to reach your goal. A special purpose savings account is an extra account to accrue additional money for the unexpected needs that arise in life. Whether this money is for pleasure or the more important aspects of life, Financial Plus and your special purpose savings has got you covered. You choose what the money in special purpose account goes toward. Maybe it’s for your next vacation, repairs on the house, or even just a shopping spree.  

All you need is $1.00 to open and maintain this account and you can save for whatever you like. Start budgeting your life to add money not only to your primary savings account but to a special savings account at Financial Plus. What a great way to budget for holidays, vacations, a down payment for a car, car repairs, household emergencies or even shopping trips. You can even have payroll deduction into your Special Purpose Share Account to make saving even easier. So, don't drive around in life with your financial tank on E. Fill it up at Financial Plus with a special purpose savings in Des Moines, IA. 

Open an Account today!

Special Purpose Savings Rates

APY is accurate as of the last dividend declaration date.
Dividends paid monthly.

Balance Rate APY
$1.00 & above (No minimum balance required.) 0.10% 0.10%

The annual percentage yield (APY) is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For all accounts, the dividend rate and annual percentage yield may change at any time as determined by the Credit Union's Board of Directors. The dividend rates and annual percentage yields listed above are the rates and yields approved at the last Board of Director's meeting to take effect on the date above. The Plus Checking and Money Market accounts are tiered rate accounts. The balance ranges, dividend rates, and annual percentage yields for each tier are listed above. Once a particular balance range is met, the dividend rate and annual percentage yield for that balance range will apply to the full balance of your account. Balance ranges may change at any time as determined by the Credit Union's Board of Directors. Maintenance or activity fees could reduce the earnings on an account. A penalty may be imposed for early withdrawal of share certificates. Withdrawal of earnings could reduce the APY. Please see the fee schedule for fees related to these accounts.