Plan Ahead for Christmas by Opening a Christmas Club Account!
This account is a great way to help you save for the holidays and year-end expenses. You won't be tempted to dip into your Christmas Club Savings Account because there's a penalty for early withdrawal.*
In the first week of November, all funds in your Christmas Club account are transferred to the account of your choice, either your Prime Share Savings Account or Share Draft (Checking), right in time for the holidays. This account can opened at anytime.
Tips on Saving
- Set up a scheduled transfer to encourage savings throughout the year.
- Choose an incremental savings amount that works with your budget, to help keep you on track towards your savings goals.
* Penalty for early withdrawal is automatic closure of the account. Funds will be transferred from the Christmas Club account to your specified Share account. Early withdrawal accounts are not eligible for re-open until after the original disbursal date at the beginning of November.