If you’re part of the rising trend of Americans who paid down debt and swore off credit cards in 2010, you probably have a smaller cash budget set for back to school shopping this year. However, that doesn’t mean that moms and dads are exactly prepared to splurge this school year.

“Americans feel better about their credit situation this year but worse about their cash budget for back-to-school shopping,” says Britt Beemer of findings in his annual Consumer Track Back-To-School Shopping Survey.

By Erica Sandberg

Just like families and individuals, when the government is hard-up for cash, creative measures to scare some up are put on the table. Here are just five ways Uncle Sam is trying to save money and make ends meet right now.

In a time when banks and credit unions are dropping their rates, it’s great to find a savings account rate like the one Oklahoma Employees Credit Union is currently offering. Right now, this credit union is providing its members a tiered savings account with the opportunity to earn a rate of .35% APY to its members.

Savings Rate Terms and Conditions

Are you looking for a competitive high-interest savings account rate? Now’s the time to take advantage of 0.90% APY found at Rheem Arkansas Credit Union.

High-Interest Savings Rate Terms and Conditions

Finding a quality savings interest rate isn’t always easy, which is why you should take advantage of opportunities to earn big, like with the Railway Employees Credit Union savings account. Currently, this credit union is offering a rate of 1.00% APY.

Savings Rate Terms and Conditions

In a time when it’s difficult to find a great savings account rate, it’s always a pleasant surprise to run into one as high as 1.01% APY. This is the rate you’ll enjoy if you open a Regular Share account with Suma Yonkers Credit Union.

Savings Interest Rate Terms and Conditions

There’s nothing better than running across a great savings account rate, like the 1.64% APY that’s currently being offered by Merck Employees Federal Credit Union to its members. Find out how you can start growing your savings faster with this great rate.

Savings Rate Terms and Conditions

These days, when savings accounts that offer decent interest are near impossible to find, it’s reassuring to know that financial institutions like Weyco Credit Union still have competitive offers. Right now, this credit union is offering a great savings account rate of .40% APY on its Prime Share Account.

Savings Rate Terms and Conditions

Saving money is a big deal–especially with gas and food prices rising by the day. Of course, creating a budget, cutting back on expenses and putting money away for emergencies all help, but how about saving money at the register?

We all know that using coupons can save $1 here and 25 percent there, but how about using so many coupons that you are able to save 90 percent of your purchase? It’s not only been done before, the practice of extreme couponing has become somewhat of an art form.

Carolina Postal Credit Union is offering a very competitive savings interest rate for its Basic Share account. Currently, you can take advantage of this account with a great rate of 0.76% APY.

Savings Account Rate Terms and Conditions