Easy Ways to Save Money



Learn How FedChoice Could Help You Save Money 

FedChoice is here to help you save money during every step of your life. As our member, your financial health is important to us, so below we list three easy ways that could help you save money. 

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Lower Your Bills 

Start off by looking at what you're currently paying each month for things like your vehicle, mortgage or rent, and insurance! You may find that these payments are too high and preventing your from saving money. Options like refinancing your auto loan to lower your rate or payment could help you find extra cash each month. TruStage®, our insurance partner, could also help you find ways to save on the costs associated with your home, auto or family life insurance policies that you're currently paying for each month.  

Set up Automatic Savings

You probably already know how quick and easy using Direct Deposit is. But, did you know that you could have a portion of your paycheck go directly to your savings account? Call our Member Care Center (301.699.6151 or 800.969.6151) for assistance or stop by one of our Financial Service Centers to get started. They can help you with completing the form to ensure the accuracy of your account number.

Consider Debt Consolidation

Consolidating your high-interest credit cards and loans to one FedChoice loan product is a great way to save money. With a FedChoice Signature Loan, you could go from making multiple payments each month to just one, sensible payment with a great rate! Apply for a Signature Loan here

Get FREE Financial Counseling

FedChoice is proud to partner with GreenPath Financial Wellness to offer free budgeting and credit building tools for our members. They work with you to help eliminate debt, increase savings and achieve your financial goals.