Products & Services

Christmas Club

A great way to save money for the holidays is with our Christmas Club. You can open a Christmas Club account with a deposit of only $10. As long as you maintain a balance of only $ .01, you will be assured of obtaining the disclosed annual percentage yield.

The Christmas Club is a variable rate account, which means that the rate may change at any time. Once the account is opened, it will mature the following October. A check for the account balance will be mailed to you shortly after maturity, normally the second week of October. If the account is closed before the maturity date, all earnings are forfeited.

This account is designed to ensure that you receive your holiday savings dollars when you need them; therefore, withdrawals may not be made from your Christmas Club account.

The Christmas Club is a perpetual type of savings account and is renewable each year. As long as you make your initial deposit of at least $10 prior to January 31, you can use the same passbook each year.