Automatic Savings

With automatic savings, when a user deposits money via check or electronic transfer into their checking account, 3% will automatically be transferred into their savings account. All money movement occurs overnight and never draws accounts negative. All savings history displays in the Automatic Savings section of Digital Banking and money is accessible at any time. At this time, the Automatic Savings feature is web only, not mobile. Both a checking and savings account are required for automatic savings. Please contact your Narmi Relationship Manager to enable automatic savings for your institution.

To see whether a specific user has their automatic savings active, go to the Admin Platform and select Customers/Members > select a user > scroll down to the Automatic Savings section.

Note: For joint accounts, both users can individually set up automatic savings, and the transfer occurs for both users. If the source account is the same for both users, the transfer occurs twice.

To start saving:

1. Select Tools, then select Automatic savings.
   
2. In the Automatic Savings page that appears, select Choose your accounts.
   
   
3. Choose the From and To accounts, then select Save.
   
   
4. The savings rule displays in the box on the upper left. Savings history is tracked on the right. Select Edit to change the From/To accounts, or Delete to delete the savings rule and stop saving.