3 ways you can show your money some love

空气中弥漫着爱, and we invite you to express that love in a unique way—by giving your hard-earned money the attention and care it deserves. In this blog post, we'll explore three financial strategies to nurture and grow your wealth.

1. Embrace the stability of Certificate of Deposit accounts for secure investing.

A Certificate of Deposit (CD) is a powerful tool for savers looking to secure stable and attractive returns on their investments. At Texas Tech Credit Union, we currently offer a competitive 6-month CD rate at a 5.15%¹ Annual Percentage Yield (年). Here's why a CD might be the right choice for you:

• 保证的回报: cd offer fixed interest rates, providing you with a guaranteed return on your investment over the specified term.
• 低风险: As a low-risk investment option, cd are insured by the NCUA up to a certain limit, offering you peace of mind.
• 短期承诺: With our 6-month CD option, you can enjoy the benefits of higher interest rates without tying up your funds for an extended period.

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2. Take your savings to the next level with the versatility of 货币市场 accounts.

Another excellent avenue to grow your money is by opening a 货币市场帐户. Our 货币市场帐户 is a competitive 2.25%² 年, making it an attractive option for those seeking a balance between liquidity and growth. Here are some key advantages:

• Higher Interest 利率: 货币市场帐户s generally offer higher interest rates compared to regular savings accounts, helping your money work harder for you.
• 可访问性: Enjoy the flexibility of accessing your funds while still earning competitive interest, making it an ideal solution for short-to-medium-term financial goals.
• 安全: 就像我们的cd一样, our 货币市场帐户s are insured by NCUA, providing a secure environment for your savings.

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3. Set up direct deposits to your 货币市场帐户.

Optimizing your financial wellness involves more than just choosing the right savings vehicles—it's also about managing your income efficiently. By setting up Direct Deposits to go straight to your 货币市场帐户, you can enhance the effectiveness of your financial strategy:

• 自动存款: Direct Deposits ensure a seamless and automatic transfer of funds into your 货币市场帐户, promoting consistent and disciplined saving habits.
• Earn Interest from Day One: With your income flowing directly into an interest-bearing account, you start earning returns on your money immediately, maximizing the growth potential of your savings.
• 减少诱惑: By diverting your income straight into a money market account, you reduce the temptation to spend impulsively, fostering a more disciplined approach to your finances.

在TTCU, we believe that a well-rounded financial strategy is key to achieving lasting financial wellness. By opening a Certificate of Deposit, utilizing our competitive 货币市场帐户, and setting up Direct Deposits, you can embark on a path towards financial security and prosperity. Contact us today to explore how these options can be tailored to meet your unique financial goals.

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^{1 利率 effective 10/16/2023.  年 = Annual Percentage Yield. 固定利率. For current rates, call 806-742-3606 or visit rnrbuilders.com/rates. 利率 subject to change based on account balance criteria. Fees may reduce earnings.
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2 利率 effective 11/20/2023.  年 = Annual Percentage Yield. For current rates, call 806-742-3606 or visit rnrbuilders.com/rates. 利率 subject to change based on account balance criteria. Fees may reduce earnings.}

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