Business & Personal Checking Accounts – MutualBank

 

Build Your Emergency Fund

Think Twice about that Twenty

Have you bought one or two things last month that you didn’t need? Most people will admit to the occasional impulse buy. But what if you thought twice about those unnecessary purchases? Instead of paying $20 here and there for something you don’t need, pay yourself by putting the $20 into a savings account instead. Saving just $20 each paycheck could add up to more than $500 in a year* – and you probably wouldn’t notice the difference.

Cutting back on unnecessary spending is a great step toward building an emergency fund. Most experts recommend setting aside three to six months’ worth of living expenses in case a sudden financial burden arises – loss of a job or car problem, for example. Having money saved can help protect you from taking on debt if the unexpected happens.

We Can Help You Save

Ready to build your emergency fund? MutualBank has the tools you need to reach your savings goals – whether you can deposit a little or a lot.

Basic savings account – Our interest-earning savings account has little to no fees and is a great way to start saving for your financial goals with any amount. Sign up for direct deposit or automatic transfers from your checking account.

Money market account – Your savings will add up quickly with one of these higher-interest-earning accounts. While there is a minimum balance requirement, there are a variety of options to best meet your needs while earning a higher interest rate.

Certificates of deposit (CDs) – We offer flexible certificates with a variety of terms.  Unique to MutualBank is a Clockwork CD that requires a minimum deposit weekly, biweekly or monthly as a convenient way to save.  We have a CD that’s right for your savings plan.

To get started, contact a MutualBanker today at 800-382-8031 or open your account online. Go Ahead…live a better life.

Don’t forget: Why not save money by avoiding unnecessary fees? Sign up for overdraft protection, and remember to pay yourself with the money you save.

* With biweekly paydays.

Contact a Representative Today

Back to Education Resources

Mutual News
  • MutualFirst Financial, Inc. Declares 20% Increase in Dividend

    Muncie, Indiana – MutualFirst Financial, Inc....

    Monday, February 23, 2015

    READ ARTICLE

View Archived Releases
Mutual Blog

Proactive Steps to Take in Light of Anthem Data Breach

Chances are you are a person who has Anthem insurance coverage or you know someone who does. As a result, either you or your friend has a reason to be concerned.

A typical data breach includes a compromise of debit card numbers or partial personal identifying information. This kind of breach, though inconvenient, can typically be ‘fixed’. An initial investigation indicates that the Anthem breach includes a compromise of name, birthday and/or social security number. This kind of information is all one needs to steal someone’s identity.

According to Anthem this particular breach could affect up to 80 million people. Instead of trying to ignore this has happened or just being upset, it’s now time for you to be educated and try to protect yourself as best as you can. We have some tips that will help you accomplish that.


1. Review Your Statements


First, take a moment each month to view your eStatement or monthly statement. You can monitor your accounts throughout the month with Online Banking and the MutualBank App. Monitoring your accounts will give you the quickest opportunity to see if your accounts have been compromised. If you notice any transactions that are unfamiliar or questionable, please get in touch with your MutualBanker. Call us at 800-382-8031.


2. Be Cautious with Any Anthem Emails You Receive


Next, if you receive an email stating it is from Anthem, be cautious. Anthem’s website warns customers not to reply with information, click any links or open any attachments within the email. Anthem is not calling their customers and will not ask for information. Never give your credit card information, social security number, or other sensitive information to someone via email or over the phone.


3. Consider Freezing Your Credit


If you are a resident in Indiana, the Attorney General’s office website (http://www.in.gov/attorneygeneral/2853.htm) is offering and encouraging you to sign up for a free credit freeze with each of the three credit bureaus. A credit freeze places a hold on your credit where a new line of credit could not be obtained without you unfreezing your credit. This doesn’t affect already open credit lines like an existing credit card, yet helps to protect you against someone opening new lines of credit in your name.


4. Keep in the Know


Finally, try to keep in the loop on the Anthem Breach. The best source for current information about this breach can be found at Anthem’s Frequently Asked Questions. (http://www.anthemfacts.com/faq)

MutualBank is here to help inform you of ways to help protect against identity theft. Thank you for trusting us.

Sunday, February 15, 2015

READ BLOG ENTRY

View Archived Posts

Connect with us:

(800) 382-8031

  • Facebook
  • Youtube
  • twitter
  • RSS Feed
 
 
Build Your Emergency Fund

Think Twice about that Twenty

Have you bought one or two things last month that you didn’t need? Most people will admit to the occasional impulse buy. But what if you thought twice about those unnecessary purchases? Instead of paying $20 here and there for something you don’t need, pay yourself by putting the $20 into a savings account instead. Saving just $20 each paycheck could add up to more than $500 in a year* – and you probably wouldn’t notice the difference.

Cutting back on unnecessary spending is a great step toward building an emergency fund. Most experts recommend setting aside three to six months’ worth of living expenses in case a sudden financial burden arises – loss of a job or car problem, for example. Having money saved can help protect you from taking on debt if the unexpected happens.

We Can Help You Save

Ready to build your emergency fund? MutualBank has the tools you need to reach your savings goals – whether you can deposit a little or a lot.

Basic savings account – Our interest-earning savings account has little to no fees and is a great way to start saving for your financial goals with any amount. Sign up for direct deposit or automatic transfers from your checking account.

Money market account – Your savings will add up quickly with one of these higher-interest-earning accounts. While there is a minimum balance requirement, there are a variety of options to best meet your needs while earning a higher interest rate.

Certificates of deposit (CDs) – We offer flexible certificates with a variety of terms.  Unique to MutualBank is a Clockwork CD that requires a minimum deposit weekly, biweekly or monthly as a convenient way to save.  We have a CD that’s right for your savings plan.

To get started, contact a MutualBanker today at 800-382-8031 or open your account online. Go Ahead…live a better life.

Don’t forget: Why not save money by avoiding unnecessary fees? Sign up for overdraft protection, and remember to pay yourself with the money you save.

* With biweekly paydays.

Contact a Representative Today

Back to Education Resources

Contact Us
Mobile Capture

24 Hour MutuaLine:

765-747-2931 or 800-289-4376

© MutualBank | Member FDIC | Privacy Policy