Christmas Club


Compounded and paid annually.

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.


Transaction Limitations:

Transactions from this account to third parties by preauthorization, automatic, or telephone transfers are limited to six per month with no transfers by check, draft, debit card, or similar order to third parties.

$25.00 per debit fee for excessive activity will be charged for each debit transaction (withdrawal, automatic transfer, or payment out of this account) in excess of one per year, which will be the annual check disbursement.  The charge will be indicated as ‘Total Customer Debits’.


Closing an Account:

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