Save Early & Often

If you are already a saver, you might ask yourself, "what if I save more?" Increasing your savings by even 1% can yield significant results. Save even more, and the results are even better. The more you can save, and the longer you can save will open your savings up to the magic of compounding-- the ability to earn interest on your re-invested earned interest.

Use our calculator below to see your current savings path and how increasing your savings could be beneficial. Then, look to Amboy to see which of our savings accounts, money market accounts, and CDs would work best for you!
 

Compounding happens when interest is added to the principal amount, and as time goes on, the interest itself earns interest. You will see your account balance grow more quickly with accounts that pay interest more frequently.

Take a minute to use the calculator below to see the power of compounding. Then, look to Amboy to see which of our savings accounts, money market accounts, and CDs would work best for you!  
 

Setting a goal is a great first step to saving up for a purchase, emergencies, retirement, or education. First, define the amount you want to save. Then, determine when you want to meet your goal. By doing this, you can work backwards into a dollar amount that you should save every month.

Take a few minutes to play with the numbers in our calculator below. Then, look to Amboy to see which of our savings accounts, money market accounts, and CDs would work best for you!