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Saving Tips
Get Started
Many times the hardest part of saving is getting started. It is important to establish a sustainable savings program that is realistic. Start out saving a small amount each and every payday. Once you get used to saving a small amount, you can increase it as your circumstances allow. Using payroll deductions or automatic transfers is a convenient way to keep a savings program on track.

As your balance grows, you may wish to invest in certificates of deposit. CDs usually pay a higher rate of interest and can be purchased with maturities of several months or years.

The financial calculators linked from The First National Bank of Groton's Web site offer some helpful tools to assist you in setting up a savings plan. Give them a try, then stop in or call either of our offices to get started.

Outside Links to Saving Tips
Certificates of Deposit: Tips for Savers (FDIC)
Choose To Save
Practical Money Skills For Life: Savings & Investing Tips
"10 ways to stash away thousands"
    Each depositor insured to at least $100,000
    The First National Bank of Groton
P.O. Box 38, 161 Main Street, Groton, NY 13073 • 41 S. Main Street, Moravia, NY 13118
(607) 898-5871 • (315) 497-2707
Buzz: (607) 898-9700 • (315) 497-2200