The Savings Account for Any Season
Special occasions come with special expenses, so save for a brighter holiday season (or any special occasion!) with our Christmas Club account.
What to know
- Make savings deposits at CRCU, any Shared Branch, or via Mobile Check Deposit
- Withdrawals and transfers can be made via Online Banking, Telephone, Touch Tone Teller, or in person
- Interest is compounded and credited monthly
- Interest rate subject to change monthly*
- Earns same interest as regular savings
Why it’s great
- Open and make deposits any time of the year
- No minimum balance to open or maintain with open share product
- No monthly service fee
- No restrictions or penalties on withdrawal or transfers
- Eligible for direct deposit
- Federally insured up to $250,000 by NCUA
TouchTone Teller
Why it’s great
- 24/7 access, even without internet connection
- Free service
- Easy to enroll
- Use it to transfer funds between accounts
- Conveniently check transactions and balances
*Minimum $100.00 average daily balance required to earn interest. If you close your deposit account before interest is paid, you will not receive the accrued interest. Funds on deposit in the Christmas Club Savings cannot be used as collateral on a loan or for overdraft protection. No ATM or debit card access.
FAQS
Frequently Asked Questions
Do I have to just use it just for Christmas?
No, it can used anytime.
May I have a debit card for this account?
No.
Is there a minimum balance to earn interest?
Yes, a $100 average daily balance.
Can I withdraw anytime and are there penalties?
Yes, and there are no penalties on withdrawals or transfers.