Holiday Savings Club Account

Rate Information

Your interest rate and annual percentage yield may change. Frequency of rate changes: We may change the interest rate on your account at any time.

Determination of rate

At our discretion, we may change the interest rate on your account.

Compounding and Crediting frequency

Interest will be compounded and credited annually.

Payment of Funds

The balance in the account will be paid by check on November 1st of every year. If November 1st falls on a weekend, a check would be issued on the following business day.

Effect of closing account

If you close your account before interest is credited, you will not receive the accrued interest.

Daily balance computation method

We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Accrual of interest on noncash deposits

Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example,checks).

Maintenance fee

A $10.00 early closure fee will be imposed if the account is closed prior to November 1st.

Transaction Limitations

Partial withdrawals are not permitted.

Compare Personal Savings Accounts


Account Type Interest Bearing Opening
Minimum Balance Required Maintenance Fee Account Highlights

Statement Savings

$100.00 $100.00 $5.00 if balance falls below $100.00 any day of the month
  • Limited Transactions*
  • Free Online Banking

Penny Savers Statement Savings

$25.00 None None
  • Limited Transactions*
  • No minimum balance
  • Free Online Banking

Holiday Savings Club Account

None None $10.00 early closure fee if account is closed prior to November 1st
  • Free Online Banking
  • Deposit as often as you choose
  • Deposit as much as you choose

* Transactions include deposits, checks paid, ACH Debits and Credits, ATM and POS transactions. Transfers from a Savings Account to another account or to third parties by preauthorized, automatic, telephone, computer transfer or by similiar order to third parties are limited to six per monthly statement cycle.