Christmas Club Account

Christmas Club Account Benefits

Save for a special occasion or the holidays with our Christmas Club account!

• Interest compounded and credited annually
• Daily balance method to calculate interest
• No minimum required to open an account.
• Low risk investment opportunity to make your money grow
• Can be used for travel expenses
• Free mobile and online banking

Christmas Club Account Details

• If a withdrawal is made before payout in October, the account will be closed, and the interest forfeited.
• We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day from the first day of the deposit.
• Maximum balance is $7,500.00.
• One Christmas Club Account per Tax Identification Number.
• Christmas Club is unavailable for minor's accounts, including savings, checking, and scholastic add-on CDs.
• Contact us for our current rates or check out our Interest Rates & Annual Percentage Yields (APY) page.