Question 1

What are the different savings levels for?

Accepted Answer

New for 2025, you can choose how much you want to save! 10¢ - Great for kids! Start at just 10¢, and increase by 10¢ every week for 52 weeks. Save $137.80 in one year! 25¢ - Great for teens. Start at just 25¢, and increase by 25¢ every week for 52 weeks. Save $344.50 in one year! 50¢ - Great for young adults! Start at just 50¢, and increase by 50¢ every week for 52 weeks. Save $689 in one year! $1 - Great for adults (Parents, do it with your kids!). Start at just $1, and increase by $1 every week for 52 weeks. Save $1,378 in one year!

Question 2

How do I enroll my child in the 52-Week Savings Challenge?

Accepted Answer

Looking to enroll your child in the 52-Week Savings Challenge as part of the Save. Spend. Give. Program? Just follow these simple steps: 1. If you're a member or not, tap here to open a joint High Yield Savings account with your child. It only takes five minutes and five bucks! 2. Tap here to join the challenge! 3. In the upper right, select your child's profile. In the upper right, select your child's profile 4. Select: Enroll, yes! Select: Enroll, yes! 5. Choose your savings level (10 cents for kids. 25 cents for teens.) Choose your savings level 6. Select your source account. Select your source account 7. Type in your account number. Type in your account number 8. Hit submit! We'll take it from there! Get ready to start saving

Question 3

Which accounts can I use for the challenge?

Accepted Answer

It's flexible! You can choose any orsa checking or savings account to fund the 52-Weeks Savings Challenge. For the Save. Spend. Give. Program, please create a joint Kids High Yield Savings account featuring both you and your child.

Question 4

When can I start the 52-Week Savings Challenge?

Accepted Answer

Anytime! The 52-Week Savings Challenge is a personal challenge, so you can start saving whenever you want. (Best of all, it's automatic. So, once you've signed up, you don't have to lift a finger! We'll take it from there.)

Question 5

What do I do when the challenge is over?

Accepted Answer

Great question. You have options! Save: Transfer your newly saved cash to your 10% APY* High Yield Savings to grow more, faster... And start the challenge all over again! Spend: Transfer your new savings to CloseEnuff™ checking to help boost your day-to- spending power. Give: Donate a portion of your newfound savings to the orsa foundation to help support housing affordability in Michigan.

Question 6

Why did a new savings account show up in my profile?

Accepted Answer

Good eye! The 52-Week Savings Challenge creates a new dedicated savings account to store your challenge savings as they grow. This keeps it away from your usual day-to-day spending, helping your funds grow undisturbed!

Question 7

What if there's not enough money in my source account?

Accepted Answer

Don't worry! The 52-Week Savings Challenge is smart enough not to overdraft your source account. If there's not enough money in the funding account to make the deposit, the automatic transfer will simply skip this week and start back up with the next draw amount the following week. So, keep saving without worrying! Saving Tip: It takes money to save money! To avoid missing your deposit transfers, we suggest you consistently add money to your funding or source account on a regular basis. The easiest way is by setting up paycheck direct deposit!

Question 8

How can I get help with the savings challenge?

Accepted Answer

We're here to walk with you every step of the way! If you have any questions, please reach out and we'll be happy to help out. Call our Care Center – We're here to help. Call (877) 937-2328. Visit a branch – Your local branch is full of team members ready to help out! Schedule an appointment – Set aside some time to chat by booking an appointment online.

52-Week Savings Challenge

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