Blog | iQ Credit Union

iQ Credit Union Launches Intelligent Savings: A Smarter High-Yield Savings Account

Written by iQ Credit Union | Feb 5, 2024 11:30:13 PM

iQ Credit Union (iQ), a member-owned, modern-day financial institution based in the Pacific Northwest, today announced the launch of its newest account: Intelligent Savings. This innovative addition to iQ's suite of financial solutions offers a unique opportunity for members to earn an extra-high yield on their savings, coupled with the flexibility and accessibility of a traditional savings account.

Available exclusively at iQ Credit Union, Intelligent Savings is designed to work in tandem with the credit union’s Intelligent Checking account, creating a powerful intelligent high-yield bundle that maximizes members' earnings whether they’re spenders or savers – or now, for both.

"We're so excited to introduce Intelligent Savings to our members," said Eric Petracca, president/CEO at iQ Credit Union. "It’s been a missing piece of the financial puzzle. We’ve had high-yield checking accounts, CDs, and money market accounts but those aren’t right for everyone. Our goal is to empower members to maximize their money. With Intelligent Savings we're providing a game-changing tool for everyone to save and spend smarter."

The Intelligent Savings account has no minimum or maximum balance requirements, ensuring that all members can take advantage of this high-yield opportunity. To qualify for the higher Intelligent Savings rate, members need to meet simple monthly requirements associated with the Intelligent Checking requirements, such as making a minimum number of debit or credit card transactions and logging into online banking.

iQ Credit Union is committed to offering products that improve the financial well-being of its members and make the Pacific Northwest a better place to live, work, and bank. The launch of Intelligent Savings supports this commitment, providing an easy, strategic way to save. It's a smart alternative for members seeking both growth and accessibility for their savings.

To learn more about Intelligent Savings or iQ’s other services, visit iQcu.com/intelligent-savings or stop by any iQ Credit Union branch.