ALLSTATE BANK AUTOMATIC SAVINGS PROGRAM
With an Allstate Bank High Yield Savings account you have the option to enroll in an automatic savings program. This helpful, convenient savings aid will allow you to transfer funds on a recurring basis from your local checking, savings or money market account into your Allstate Bank High Yield Savings Account.
Why should I start an Automatic Savings Program?
Financial planners often cite “Paying yourself first” as the most important step to achieving your financial dreams. An Allstate Bank savings account allows you the flexibility to save for future expenses like a new car, college, household repairs, home improvements, retirement or even that new HI-DEF TV you’ve been dreaming about.
It adds up quickly!!!
Weekly Year 1 Year 5 Year 10 Year 20 Bi-Weekly Year 1 Year 5 Year 10 Year 20 $25 $1,316 $6,920 $14,749 $33,629 $25 $658 $3,461 $7,376 $16,819 $50 $2,633 $13,840 $29,498 $67,259 $50 $1,317 $6,922 $14,753 $33,637 $100 $5,266 $27,680 $58,997 $134,518 $100 $2,634 $13,843 $29,505 $67,275
†Illustration is hypothetical and assumes 2.50% annual percentage yield compounded daily and posted monthly. The earnings do not include the impact of any federal or state income taxes. For current savings rates, go to www.AllstateBank.com.
----------------------------------------------------------------------------------------------------------DETACH HERE How do I get started? 1) If you don’t already have an Allstate Bank High Yield Savings Account call us today at (877) 794-BANK (2265) to set one up. 2) If you have a High Yield Savings Account please fill in the required information below. Automatic withdrawals will be transferred from your local account to your Allstate Bank High Yield Savings Account (minimum $20.00). (Please allow five days from the receipt of document before the first transfer) Existing Allstate Bank Account #__________________________________ Local Account Information / Checking or Savings (circle one) Name of Financial Institution _____________________________ _________ ABA/Routing#____________________ Account #__________________________________ Please withdraw (Min. $20.00)$_______________________ Frequency: (check one) Every: I WEEK I 2 WEEKS I MONTH I BI-MONTHLY (15TH AND THE LAST DAY OF THE MONTH) Withdrawal Start Date: ______ /______ /________ Signature __________________________________________________________________________ Daytime Phone Number ___________________________________ Date ________________________ Mail a voided check/deposit slip along with this form to:
Each depositor insured to at least $100,000
FIN1113-1
ALLSTATE BANK ATTN: ACH OPERATIONS P.O. BOX 8136, VERNON HILLS, IL 60061
Backed by the full faith and credit of the United States government
FDIC
Federal Deposit Insurance Corporation • www.fdic.gov