Dreams. We all have them. Maybe it’s being able to send your kids to college, owning a home, or even a European vacation. Whatever they may be, here are some ways that we here at Cyprus Credit Union can help get you on the path to making them come true.
OPEN A SAVINGS ACCOUNT
Opening a regular savings account is super easy and provides convenient access so you can deposit money into your account from almost anywhere. There is no set term for this type of account and you can withdraw funds at any time with no penalty, which has it pros and cons. It can be a good thing if a legitimate emergency pops up (car trouble, health issue, etc.) and you need a little extra cash. It can be a bad thing if you just can’t wait for that brand new phone and end up spontaneously splurging.
START A DREAM CD
This is a great way to get that college fund, wedding account, or home down payment started. This account can be opened with just $20 and you must have at least $10 deposited to your account monthly. You can make additional deposits every month by paying a little extra on your loans, adjust your W-4 withholdings and deposit the extra, or even your tax return. Withdrawals before the term end are subject to penalty.
USE YOUR PLATINUM REWARDS CARD
If you have dreams of traveling the world, our Visa Award Cards are a great way to get started. Every time you make a purchase, you earn points that you can redeem toward flights, cruise rebates, hotels, and more. All our Visa cards have free fraud protection and no annual fees.
RETIREMENT ACCOUNT
If you dream of your retirement, we can help you with that too. If you are younger than 70 ½ for the entire tax year and are employed, you can open an Individual Retirement Account. It’s never too early to start thinking about starting a retirement fund, contact one of our Representatives to find out more details and establish your own account.
There are many more solutions to help you achieve your dreams. Visit one of our branch locations if you have any questions or are interested in one of the above listed ideas. Happy Dreaming!
