CHARLOTTE, N.C. — Carolina Postal Credit Union is on a missionto show members that bankers' new “spend and save” debit cardaccounts can't measure up to good old fashioned payroll deductionsaving.

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To spread the savings word, CPCU is using direct mail, e-mail,banners, Web banners, and a new one-stop blog for savings hints andadvice at www.BrighterthanaBank.blogspot.com.

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According to CPCU Vice President of Marketing/BusinessDevelopment Deb McLean, bankers' spend and save accounts “only addup to pennies a day, and consumers don't get any substantialsavings built up from it.”

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For example, based on several members' accounts that CPCUcompared, at the end of one year's time, on average, members wouldhave saved only $180.77 with Bank of America's Keep the Changeaccount and $452 with Wachovia's Way2Save account. McLean saysmembers depositing just $25 a week in a CPCU savings account wouldend up with $1226.68 at the end of the year, representing more thandouble the banks' year-end total.

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