We like finding simple ways to save you money. Think of this as one more small perk that comes with being part of the MembersOwn family. Tax season might not be everyone’s favorite time of year, although we know a few people who love spreadsheets, but a good deal always helps.

New This Year. Turn Your Refund Into Savings Automatically.

When you log in to online banking, you may see a new prompt asking how much of your federal tax refund you would like to send to savings.

If you receive a refund, choose the percentage you want to move to your share account. Then click “Yes, let’s save!” That is it.

Not ready yet. Select “Nevermind” and you can set it up later.

To add it later, head to Settings, then Manage Recurring Transfers, and create a new transfer.

• Choose the account where your refund lands.

• Choose your share account as the destination.

• For frequency, select Tax Refund.

• Pick a percentage or a fixed amount to send to savings.

You are all set. When your federal refund arrives, that portion will move straight into savings. This feature applies to federal refunds only, not state.