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A Christmas Club is an account designed to assist members in saving for holiday expenses. Many members choose to save throughout the year by payroll deduction. It's the easy way to build your savings for holiday spending.
Christmas Club funds are transferred on the first business day of October to your savings account or checking account, depending on what you have designated.
Withdrawals are restricted as this is an account designed to help members save specifically for holiday spending. Members may make deposits at any time throughout the year and earn dividends on funds in the account.
Flexible & Personal Savings! Name your reason for saving - taxes, car insurance or hopefully, that special vacation cruise or island getaway! Save during the year in your own special club. When you're ready for the money, just call or stop by the credit union. Vacation Clubs also earn a dividend, paid on a quarterly basis.
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