Follow these tips to boost your savings

If you're unsure what you can do to successfully grow your savings account, you're not alone. Just like committing to a regular workout routine and eating healthier, getting out of the starting blocks is half the battle. Beginning a savings program is no different and according to a recent national survey, the majority of Americans are not following the three simple steps that are key to a successful savings plan.

The survey, conducted by Harris Interactive on behalf of Countrywide Bank, FSB, the nation's third largest federal savings bank, shows that the majority of Americans who have both savings and checking accounts keep them at the same bank; they have never thought of having the accounts at separate banks, and have no automatic savings plan in place.

Pierre P. Habis, managing director Countrywide Bank, offers the following advice for improving your savings:

1. Separate - Keep your primary savings and checking accounts at different financial institutions. This strategy may help you get the best rates, and will make it more difficult to dip into your savings

2. Automate - Establish a savings plan, whereby a percentage of your income, or a set dollar amount, is automatically deposited into your savings account on a regular basis.

3. Shop for the Best Rate - To find the best rate, survey several banks and compare the APY on your savings accounts, money market accounts or certificates of deposit.

Avoid leaving money on the table by ensuring that your account has market-leading savings rates. Web sites such as www.bankrate.com help consumers identify the highest rates available in their market.