SecureSave Tops $100 million In Emergency Savings Accounts Contributions

18.09.25 14:34 Uhr

ESA provider has helped people with over 400,000 financial emergencies; inflation, car expenses and home repair rank as top reasons for usage

SEATTLE, Sept. 18, 2025 /PRNewswire/ -- SecureSave, the leading provider of workplace Emergency Savings Accounts (ESAs), today announced users of its platform have saved in excess of $100 million for unanticipated expenses, helping provide customers an added level of financial security. In addition to reaching the nine-figure mark for savings, the company also announced that customers have used the ESA platform for more than 400,000 financial emergencies.

These numbers represent significant milestones for the company cofounded in 2020 by serial entrepreneurs Devin Miller and Bassam Saliba and personal finance guru Suze Orman, because nearly half of all Americans don't have three months of emergency savings. SecureSave is available to over 90,000 employees nationwide across nearly 120 employers. Also of note are the reasons why people are participating in ESA plans. While they cover a wide range of needs, the top five reported reasons for those using SecureSave are inflation (16%), car/transportation (7%), home (6%), healthcare (5%) and travel (4%).

"We are proud to have reached this savings milestone because it means our platform has given so many the financial support they need," said Devin Miller, CEO of SecureSave. "We have long focused on providing an avenue that's easy for employers to implement and simple for employees to use. As a result, we've seen a nine-fold increase in users from just two years ago and a participation rate of 60% – a number that's significantly higher than other elective benefits."

The company notes that ESA usage hasn't just been for a one-off expense or a near-term need. In fact, SecureSave reports 95.5% annual customer retention, meaning nearly all users continue to keep their account open. As an additional incentive to use the ESA, over 90% of plan sponsors offer employees a match ranging from $24 to as much as $5,200 in the first year.

The enthusiasm for SecureSave isn't just apparent in dollars and cents. But it can also be seen in feedback from partners.

"SecureSave makes it easy for us to bring real financial security to our clients' employees," said Brian Ford, Head of Financial Wellness at Truist Momentum. "It's rare to see a benefit that delivers immediate impact and long-term value — SecureSave does both."

About SecureSave
SecureSave builds simple, affordable emergency savings programs for employers and employees. SecureSave helps Americans prepare for unexpected expenses without jeopardizing retirement security.

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SOURCE SecureSave