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March 11, 2024
Beyond Basic Savings: More Savings Options at Grow
Grow membership starts with a Basic Savings Account, but your savings options don’t stop there. We make saving easier with smart accounts and competitive dividends that help you make the most of what you’ve got.
Explore Savings Options
Money Market Account
Earn competitive dividends on your savings while still having access to your money. A Money Market Account is perfect for saving for an emergency fund, a down payment on a home, a vacation or another big goal. Learn more.Certificate Account
They say time is money. That’s exactly how a Certificate Account works. You choose a term from six months to five years, then let the money hang out while dividends compound steadily over time. All you need is $500 to open. Learn more.IRA Certificate Account1
This account offers the security of a Certificate Account, as well as potential tax advantages to give your retirement savings a boost. Plus, your money grows even faster with higher rates on balances of $100,000 or more. Learn more.Get Fit Account2
Need a little motivation while you save for a big goal? Check out our Get Fit Account. Earn a higher dividend compared to the Basic Savings Account and get a $100 bonus when your balance reaches $10,000. Learn more.The Importance of Saving
Saving is a cornerstone of financial stability and security, offering a safety net for unexpected expenses. By consistently setting aside a portion of your income, you create a buffer against emergencies and reduce reliance on debt to cover unforeseen costs. Saving enables you to pursue your long-term goals and aspirations, whether that’s buying a home, traveling or retiring comfortably. It also provides a sense of freedom and peace of mind. Ultimately, saving is not just about accumulating wealth — it’s about building a foundation for a more secure and fulfilling future.
Ready to start saving?
Accounts are subject to approval.
1Certain restrictions apply. Not all taxpayers are eligible. Consult your tax advisor.
2Get Fit Account. The APYs are accurate as of 12/14/2024 and may change without notice after the account is opened. Variable Rate. Fees could reduce earnings. Minimum balance to open is $5. Maximum balance to open is $400. Minimum deposit per month is $20. Maximum deposit per month is $400, withdrawals are permitted. Bonus: When the account reaches $10,000, we will deposit $100 to that account within 90 days and your funds will be transferred to your Basic Savings Account. If more than $400 per month is deposited, the excess will be automatically transferred to your Basic Savings Account. If excess deposits have to be transferred 3 times to the Basic Savings Account, during a 12-month period, the balance of the account will be transferred to the Basic Savings Account. If you fail to deposit $20 per month for 3 months during a 12-month period, the funds in the account will be transferred to the Basic Savings Account.
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How to Find Your Routing & Account Numbers
When you make a payment online, by phone or on a mobile device, you may be asked for our routing number and your checking account number. Credit unions and banks use these numbers to identify accounts and make sure money gets where it’s supposed to be. You’ll also need to provide your routing and checking account numbers for:
- Direct deposits
- Electronic checks
- Military allotments
- Wire transfers
Where to Find Your Routing & Checking Account Numbers
Your personal checks include both our routing number and your account number, as shown on the Grow check example below.
Don’t have a Grow check? No worries.
Visit any Grow store and ask for a Direct Deposit Form. It lists both your routing number and checking account number.
Making a Loan Payment
When it comes to making payments, we try to make it as painless as possible to pay your loan every month. We have several different ways to pay, including convenient online options.
Pay Online
You have two ways to pay online by transferring funds from another bank or credit union.
- Grow Online Banking (Preferred payment method for any loan)
This is the simplest way to pay your loan. You can make one-time payments or set up automatic recurring payments in Grow Online Banking. Once you log in, select “Transfer/Payments” from the menu. If you’re not enrolled in Grow Online Banking yet, you can set up your account in just a few minutes.
Log In
- Debit Card or ACH (Available for auto, personal loans and HELOCs)
Note: ACH and debit card payments are not available for credit cards or most mortgages, except HELOCs.
We accept ACH payments with no additional fees or Mastercard® and Visa® debit cards with a convenience fee of $4.95. To get started with an online ACH or debit card payment, select Pay Now below.
Pay Now
Pay by Mail
You can also pay any Grow loan by check through the mail. Please remember to include your account number and Grow loan number on the check. (For credit card payments, please do not write your 16-digit credit card number on the check, which can cause a delay in processing the payment.)
Address for auto, credit card, personal loan and HELOC payments:
Grow Financial Federal Credit Union
P.O. Box 75466
Chicago, IL 60675-5466Address for personal first or second mortgages and home equity payments:
Grow Financial Federal Credit Union
P.O. Box 11733
Newark, NJ 07101-4733You Are About To Leave GrowFinancial.org
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