Christmas Savings Account Credit Union
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Christmas savings account credit union. Joining a credit union is easier than ever. When you save with the christmas club your balance earns more than twice as much as it would in a regular savings account. As with most christmas club accounts you ll pay a penalty if you need to access your money before your account matures. Direct deposit a small portion of your paycheck each pay period into your account to build your savings over time.
Christmas club savings 0 10 apy a dedicated savings account to help you save for the holidays. 24 7 account access through online and mobile banking. Our competitive dividends can help fatten your account up for the holidays. The christmas club account can be opened with as little as 25 and your balance is transferred on nov 1 each year to your primary share savings account.
This account allows you to set aside spending money for the holidays. A checking account is necessary so that the bank can withdraw funds to apply toward the christmas savings account. This christmas savings account earns a higher interest rate than any of consumers credit union s other accounts but you can find better rates elsewhere. Nowadays credit unions are the main financial institution that offer christmas club accounts.
According to recent data from the credit union national association cuna most credit union members have access to a christmas club account. Us community credit union offers christmas club accounts to give you a little help in meeting those end of the year savings goals.
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