|Daily Balance||Dividend Rate||APY*|
Be ready for the holidays!
The Christmas Club Account is designed to help you save for the holidays, a vacation or any other future savings goal you may have. Withdrawal restrictions help you stay focused on your goal.
Don’t get caught short of funds during the holiday season, let us help you get prepared by signing up for a Christmas Club account. ALSO – you’ll earn more interest on a Christmas Club account than a regular savings account.
It’s quick and easy to set aside funds by:
- Direct deposit
- Automatic transfers from another account
- Making deposits into the account
Your Christmas Club savings are automatically transferred on November 1 of every year to your Share (savings) Account.
* Annual Percentage Yields (APY) and dividend rates are established monthly by the credit union’s board of directors. All dividends are compounded monthly. Dividend rates are variable and subject to change monthly after the account is opened. If you withdraw any part of your Christmas Club Account before the maturity date (November 1), the entire account must be closed and will remain closed until the opening period (January 1) begins for the following year’s Christmas Club Account. Upon maturity, the funds will automatically be transferred to your Share Account November 1. There is no minimum opening deposit, however, dividends will not be paid until balance reaches $25. Rates are effective as of 9/4 /2018.