Christmas Club
A special account for a very special purpose; we offer paper book Christmas Clubs in the following weekly payment amounts: $2 ($100 club), $3 ($150 club), $5 ($250 club), $10 ($500 club), $20 ($1,000 club), and $40 ($2,000 club). We also offer automatic Christmas Clubs where any amount can be deducted from your checking or savings account weekly, biweekly, or monthly.
Basic Information: You must deposit the amount of the first payment to open this account. You may open this account at any time during the year; however, you may need to make multiple deposits during the Club period to have made all 50 payments by the Club payout date. Payments may be made using the coupon books provided at account opening. If you have a Free Checking account, you may arrange for automatic payment transfers into this account on a weekly, bi-weekly, or monthly basis. Preauthorized transfers may not be made from this account. This account will customarily be open for a period of 50 weeks; however, your term may vary dependent on when the account is opened. Interest will be credited to your account yearly. The Club payout date may vary from year to year. This account will not automatically renew, unless automatic transfers are taken. At the end of the Club account period, the funds in this account will be mailed to you by check or deposited into your account.
Account Fees: A $20 fee occurs with early withdrawal.
Basic Information: You must deposit the amount of the first payment to open this account. You may open this account at any time during the year; however, you may need to make multiple deposits during the Club period to have made all 50 payments by the Club payout date. Payments may be made using the coupon books provided at account opening. If you have a Free Checking account, you may arrange for automatic payment transfers into this account on a weekly, bi-weekly, or monthly basis. Preauthorized transfers may not be made from this account. This account will customarily be open for a period of 50 weeks; however, your term may vary dependent on when the account is opened. Interest will be credited to your account yearly. The Club payout date may vary from year to year. This account will not automatically renew, unless automatic transfers are taken. At the end of the Club account period, the funds in this account will be mailed to you by check or deposited into your account.
Account Fees: A $20 fee occurs with early withdrawal.
