Christmas Club Accounts
A Christmas Club Account is available to all members of the credit union. Deposits to these accounts can be made through payroll deduction, direct deposit, in office deposits, or by mail. Deposit intervals can be weekly, biweekly or monthly.
- Christmas club accounts mature mid-October each year
- Funds are automatically transferred to regular share account at maturity
- If dividends are declared on these accounts they are paid at maturity. No dividend is implied or guaranteed on Christmas Club Accounts