Christmas Club Savings
Set aside money throughout the year for merry holiday celebrations.
Christmas Club Savings Benefits
- $10 minimum deposit
- Simple interest paid annually
- Funds are available in the first week of November
Additional Benefits
- No Fees
- Annual Statement
- Simple Interest Paid Annually
- Account can be opened any time during the year
- Additional deposits can be made at any time
- Special deposit slips received at account opening
- Principal and interest will be auto-transferred to another Commercial Bank account, or a check will be mailed the first week of November
- Automatic transfer from checking and savings available
Don’t let all the joys that the Christmas holiday brings be overshadowed by debt.
Open a Christmas Club Savings Account and continually add to it all year round. You’ll be as jolly as ole Saint Nick, knowing you are financially prepared to embrace “the most wonderful time of the year.”
No withdrawals are allowed before November 1st.
A $20.00 penalty applies on withdrawals done before November 1st of each year, or if the account is closed within the first six months of opening.
Please refer to the Service Charge Schedule for details on service fees such as paper statement, monthly service charges, and others.
