Club accounts are special share accounts that are also dividend bearing. It’s a way for you to put money away each week throughout the year. We offer Christmas Club Accounts, and All-Purpose Club Accounts that work well for vacation planning or other annual events.
Dividend Rate | APY | |
---|---|---|
All-Purpose Club Account | 0.25% | 0.25% |
Christmas Club Account | 0.25% | 0.25% |
There is no minimum balance required to open a Club Account. APY = (Annual Percentage Yield). Dividends are compounded and credited monthly and are paid at the stated rates on any amount on deposit according to the dividend calculation method in the account disclosure. Rates are subject to change at any time. There is a minimum weekly deposit of $5.00. Disbursements will be made by Direct Transfer to Share Accounts in March, June, September or December for All-Purpose Club Accounts and in November for Christmas Club Accounts. | ||
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