How to Save for a Wedding



One of the best days of your life will soon be here and of course you want it to be special, memorable, fun and a day that you, your spouse and your family can all look back on with great joy.

In the meantime, it can also be very stressful planning the guest list, hiring the photographer, choosing the cake, picking the reception venue, selecting the menu, hiring a DJ, buying a wedding dress, shopping for bridesmaid dresses, tuxedos … don’t forget the ring!

It can be exciting and nerve-racking all at the same time. Don’t worry. Even though we may not be able to help organize everything, FedChoice can help you save for your special day.

What are the best savings options for a wedding?

We have several options from which to choose. One of the most popular and flexible savings options we have available is our Special Savings Account that we created just for special occasions like this.

The Special Savings Account allows you to set aside money for your wedding or any other big occasions you have planned – and you earn a competitive rate on your money!

We also offer a variety of share certificates that you can design yourself. You choose the balance and how long you want to earn dividends on your deposit and we’ll give you a competitive! Share certificates are a great way to save for a wedding.

Our Money Market Account is another terrific option that pays you dividends and gives you very competitive rates of return.

What if I need a loan to help cover the costs of my wedding?

Take advantage of our Signature Loans. Borrow any amount of money you need from $500 to $35,000 to help cover the costs of your wedding, the reception, catering, the band, the honeymoon or whatever else you’ll need to make your day special. We offer competitive and convenient terms on our personal loans that will suit your needs.

Another common method of financing a wedding is with a Home Equity Line-of-Credit (HELOC). HELOC Gold is a convenient source of funds for members who need financing for big events such as a wedding. The line-of-credit is backed by the equity in your home. We have several home equity products so you can take advantage of the one that’s right for you and your family.