Some Saving Accounts Are Better Than Others

Noble Credit Union’s Reverse Money Market account pays the highest interest rate on a deposit of $100 up to $2,500. CLOVIS ROUNDUP FILE PHOTO

Successfully saving for a goal or a rainy day is more likely when you have a savings account. Thanks to advantageous interest rates, you can join a growing number of people that are opening and enjoying the benefits of savings accounts – and they can do it at financial institutions where their savings earn more.

A savings account enables you to move money out of your checking account and into a higher interest-earning account that keeps it separate from your everyday spending. That way, you reduce the temptation to spend it on groceries or entertainment. You literally set aside money for longer-term goals.

A savings account is the best way to save for an emergency. After all, life can catch you by surprise, and emergency savings make it easier to land on your feet. The alternatives can be drastic: You can go into debt, make personal sacrifices (that could put your health or safety at risk), or sell possessions to pay for unexpected costs.

Many savings accounts are “liquid” – meaning you can access your money without restrictions. Some savings accounts – particularly at credit unions – are free of fees.

Noble Credit Union has introduced a new “Reverse Money Market” account that pays the highest interest rate on a deposit of $100 to $2500. Here’s how it works:

• Deposit $100 to $2,500 in a Noble Reverse Money Market account to qualify for the highest interest rate available – 3.0% Annual Percentage Yield.

• There’s no penalty for withdrawals, and you get a maximum of 6 no-fee electronic withdrawals or transfers per month.

• You’ll have access to your funds 24 hours a day, 365 days a year through “Noble Mobile” – using a smartphone or tablet for personal banking wherever you are.

Noble’s Reverse Money Market savings account earns more, faster. It pays higher interest, and because the account is liquid, funds can be accessed without penalty.

Noble Credit Union, a Forbes Best-in-State Credit Union, offers members full access to a wide range of financial services, including checking and savings accounts with no monthly fees, online and mobile banking, low rate MyRewards VISA credit cards, even budget management. For more information about membership in Noble Credit Union, call (559) 252-5000 or visit