PSECU Develops a New App That Makes Saving Fun
Harrisburg, PA - August 17, 2016 - PSECU has a long history of commitment to technology and financial education. Recently they released a new app that combines both, and turns saving money into a game. Developed in-house, the Savings app is available exclusively to members. The user picks a goal, such as building an emergency fund or saving for a new car, then uses the built-in features that help them get there. Financial tips are served up at the appropriate spots within the app.
Each of the actions below moves money from a Checking Share to a new Savings Share:
- SWEEP the remaining change, daily or one-time, to a savings share
- Take a chance and SPIN to choose an amount to save
- TRANSFER from checking directly into savings
- SKIP a treat such as a weekly latte or daily soda to watch the savings add up
As money moves from the member's checking to their savings, their digital piggy bank fills up. Once they reach their goal, they can choose to aim higher and keep saving or transfer the money to a checking account.
The Savings app is just one of many online tools PSECU provides to help their members make the most their money, according to President Greg Smith. "We've devoted substantial resources to making sure our members have the safest, most convenient ways to manage their money," he noted. "Now, with the release of the Savings app, as well as the financial education information available on our website, our members can access tips that can help them keep more of their hard-earned money."
Opened in 1934, PSECU was founded by 22 ordinary people who made an extraordinary commitment to each other: To create a financial institution where pooled resources benefit all members. Today, we are a full-service credit union serving more than 400,000 members and have over $4 billion in assets. As a not-for-profit financial institution, our goal remains to help our members and their families achieve a better life. For more information on how we contribute to the greater good, view our Community Report Card.