activities · 8
what they do
direct service · 7
- Automated savings program Automated Round-Up Savings ProgramsOperates Perfect Cents Savings, a round-up savings program that automatically transfers rounded-up amounts from debit card purchases to a savings account daily.
- Business banking services Overdraft Protection & Account ServicesOffers business checking accounts with free bill pay, 50–100 free cleared checks per month depending on account type, and a promotional offer for new business checking and Visa accounts through December 31, 2025.
- Debit card and payment features Mobile & Digital Banking ServicesOffers a tap-to-pay debit card for secure, contactless payments and provides instant cash back rewards on digital gift card purchases through the SAFE Shopping+ program.
- Digital banking and mobile payment tools Mobile & Digital Banking ServicesEnables debit card integration into mobile digital wallets via the SAFE Mobile App, supports mobile check deposit, and offers a peer-to-peer payment service (SAFE Pay) for quick transfers to friends and family.
- Early access to direct deposits Early Direct Deposit AccessProvides early access to direct deposits, making funds available up to two days early for members enrolled in direct deposit, also referred to as early payday.
- Member checking account services Member Savings and Share AccountsProvides checking accounts with tiered dividends based on daily balance, fee waivers for balances of $1,000 or more, and options for members as young as age 6.
- Savings account fee policy Low-Cost Checking & Savings AccountsWaives monthly service fees on savings accounts if the member maintains a $5 or higher month-end balance.
capacity building · 1
- Financial education workshops and online learning Employment & Financial CoachingOffers no-cost interactive financial workshops and online learning tools for members to improve financial literacy.
strategies · 10
how they think
Theories of action extracted from this org's own source material. Click any to see the full field of orgs running the same approach.
- Automated round-up savings automated round-up savingsEncourages consistent saving behavior by automatically rounding up debit card purchases to the next whole dollar and transferring the difference to a savings account daily.
- Cash-back incentives via digital gift cards cash-back incentives via digital gift cardsProvides immediate financial rewards through cash back on purchases made via digital gift cards in the SAFE Shopping+ program, enhancing member value with flexible redemption.
- Conditional fee waiver for checking accounts conditional fee waiverReduces financial barriers by waiving monthly service fees on checking accounts if members enroll in eStatements and meet one of two low-threshold activity conditions.
- Dividend-earning checking with tiered incentives tiered_dividend_incentiveEncourages higher account balances and sustained engagement by offering dividend-earning checking accounts with tiered dividend rates based on daily balances.
- Early direct deposit access early_direct_depositImproves financial stability by making direct deposits available up to two days early, giving members faster access to their funds.
- Financial resilience through account linking financial_resilience_through_linkingStrengthens financial safety nets by enabling automatic, fee-free overdraft protection transfers from savings to checking accounts.
- Financial wellness education and workplace integration financial_wellness_educationPromotes long-term financial well-being through no-cost financial education workshops, online tools, and workplace-based financial wellness resources.
- Gamified financial education gamified_financial_educationIncreases engagement in financial literacy learning through gamified experiences via the Zogo app, rewarding members for completing financial education modules.
- Goal-based savings accounts goal-based_savingsSupports financial goal setting and tracking by allowing members to create and name individual savings accounts dedicated to specific objectives.
- Third-party referral model for business services third-party_referral_modelExpands service offerings for business members by referring them to trusted third-party providers for payroll and merchant processing solutions.
named programs · 8
what they call their work
Capitol Checking
Premier checking account exclusively for Capitol Club members, offering enhanced benefits and services
Freedom Checking
Basic checking account with no monthly service fee, designed for young members ages 6 and up and those starting out
Kid & Teen Accounts
Financial accounts for youth ages 6–17, including checking, savings, and certificates, designed to promote early financial literacy
Perfect Cents Checking
Checking account that earns dividends with requirements including eStatements enrollment and 10 monthly debit/credit card transactions; offers early payday with direct deposit
Perfect Cents Savings
Round-up savings program that transfers the difference when debit card purchases are rounded up to the next dollar, moving "change" to a designated savings account daily
Prestige Checking
High-balance checking account offering tiered dividends based on daily balance, for members with substantial account balances
SAFE Shopping+
Digital gift card program offering instant cash back on purchases made through the SAFE Mobile App or online banking
Zogo Learn & Earn App
Financial education mobile app that rewards users with gift cards for completing lessons on financial topics
relationships · 4
who they work with
- Fiserv Merchant Services Partner — Referral partnership for merchant services and POS solutions
- Paychex Partner — Referral partnership for full-service payroll processing
- Zogo Partner — Partners with Zogo to offer a gamified financial education app that rewards users with gift cards.
- Zogo Partner — Partnership to offer the Zogo app for financial education and rewards.