Filene Research Institute

Through independent research and innovation, the Filene Research Institute explores issues vital to the future of credit unions and consumer finance.


Auto Savings

Helps Make Saving Money Easy and Attractive

Beyond American’s investments in a home and contributions made to their employer’s retirement plan, Americans simply aren’t saving. Too many people live paycheck to paycheck and are a small step away from financial disaster. At the same time American’s are not saving, they are increasing their debt burdens and relying on their credit cards as a financial safety net rather than savings.

Auto Savings tries to combat this lack of saving. This idea promotes forced savings by giving members the option of signing a contract to add a specific amount for saving to each auto loan payment. By bundling consumption and savings, these products overcome the obstacle of a lack of self-discipline by making savings automatic and painless.

Visit Auto Savings for more information.

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The Team

  • David Faleski

    Coastal Federal Credit Union | Raleigh, NC

    Photo of David Faleski
  • Kim Vu

    Technology Credit Union | San Jose, CA

    Photo of Kim Vu
  • Lori Hall

    American Airlines Federal Credit Union | Ft Worth, TX

    Photo of Lori Hall
  • Michael Murphy

    Motorola Employees Credit Union | Schaumburg, IL

    Photo of Michael Murphy
  • Steve Fifield

    Cyprus Federal Credit Union | West Jordan, UT

    Photo of Steve Fifield
  • Tim Mislansky

    Wright-Patt Credit Union, Inc. | Fairborn, OH

    Photo of Tim Mislansky