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This unique dedicated savings program was created for public educators on a 10 month pay schedule with their employer. Through this unique savings plan, members replicate regularly scheduled paydays during the summer months.
The payouts are funded through payroll deductions during the regular school year. These funds will continue to accrue in a club account set up in conjunction with your credit union accounts.
The saved amount will be deposited automatically into your riverset Checking account in four equal payments. Dispersal or “payment” dates occur twice in July and twice in August.
If you would like your budget to remain constant for the entire year by having money set aside for the summer months, then this club is for you!
Click Here to download an example pay table and an application.
2008 12-Month Pay Club Dispersement Dates:
July 11th July 25th
August 8th August 22nd
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