Christmas Club Savings

Features

  • Minimum Initial Deposit: $10.00
  • Fees:  None
  • Statements:  Annually
  • Interest:  Simple interest paid annually
  • Limitations:  No withdrawals allowed before November 1, but may close with a $20.00 closing fee

Notes

  • Account can be opened any time during the year
  • Additional deposits can be made at any time
  • Special deposit slips received at account opening
  • Check for principal and interest is mailed first week of November
  • Can setup automatic transfer from checking and savings
Commercial Bank Swoosh