Christmas Club Account Online. Customers earn a higher interest rate than they. Limit two accounts per customer.
Your christmas club balance is automatically transferred to your regular savings account the evening of november 1. Rates may change after the account is opened. You can even use this account to save for new years eve or music festival season!
Christmas Clubs Have Long Been A Popular Feature At Credit Unions.
The current rate is variable and. Make your holiday shopping less stressful with a christmas club savings account. Rockhold bank’s christmas club account is set up to allow our customers to save for the ever increasing expense of the holidays.
Key Features Of Our Christmas Club Account.
Your christmas club balance is automatically transferred to your regular savings account the evening of november 1. They carry higher interest rates. Save for the holidays all year long.
Early Withdrawals On The Account Are Restricted, So You’ll Have A Reason Not To Spend The Money.
Minimum opening balance of just $1. You can even use this account to save for new years eve or music festival season! You may set up weekly or monthly automatic christmas club deposits from your checking account, you may direct your contributions through your internet banking transfer system (both accounts must be held at american bank & trust), or you may come in and make your weekly or monthly deposits in.
Fixed Monthly Deposits Into Christmas Club Account
Create your own method of contributing to your christmas club account. Make this new year different and avoid racking up holiday season debt. The charge for early closing:
A Christmas Club, Or A Holiday Club Account, Is A Savings Account That’s Been Specially Tagged For Holiday Spending.
Save throughout the year while earning dividends. If your daily collected balance remains at is $5000.00 or less, the interest rate paid on the entire balance will be 5.00% with an annual percentage yield of 5.00%. Our christmas club account makes saving for the festive season even easier by only allowing access from november 1 to january 31st each year, helping you to resist the urge to overspend during the year while reducing the financial burden at christmas.