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What happens to my savings if I leave my job?

Changing jobs can be exciting, but you might wonder what happens to your savings. Don’t worry - your money is safe with us, no matter where you work! Here’s what you need to know. Your money stays sa…

Serve and Protect Credit Union
Updated by Serve and Protect Credit Union

Changing jobs can be exciting, but you might wonder what happens to your savings. Don’t worry - your money is safe with us, no matter where you work! Here’s what you need to know.

Your money stays safe

The most important thing to know is that your savings are secure. Even if you leave your job, you’ll still be a member of our credit union. Your savings will keep growing, and you’ll still get all our awesome benefits, like loans and great interest rates.

Keep saving regularly

When you leave your job, your payroll deductions will stop. But you'll still need to keep saving regularly each month to be a member. Here’s how you can do it:

1. Set up Direct Debit

Choose an amount to save each month, and we’ll take it from your bank account on a date you pick. It’s like setting up automatic savings, so you don’t have to think about it!

2. Use our app for extra savings

Want to save more or pay off loans faster? Use our app to transfer money anytime from your bank account to your account with us. It’s quick and easy.

What do you need to do?

When you’re ready to leave your job, give us a call. We’ll:

  • Help you set up your Direct Debit (this is required to keep saving regularly).
  • Show you how to make extra payments using the app if you’d like.

We’re here to help your savings grow, no matter where you work! If you have any questions, just let us know - we’re happy to help.

How did we do?

What is an annual dividend & when do you get it?

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