It seems as though the holidays come sooner every year. Between trimming the tree, planning parties and giving gifts, it's easy for your stocking stuffed with cash to quickly dwindle. This year better prepare yourself and your family for the big holiday season. There's no time like the present to open a Christmas Club account, and there's no better present at Christmas time than money.
Just like a savings account, our Christmas Club account earns a very competitive dividend rate. Use the money you invest for gifts, decorations or even a holiday vacation. Plus, if you have Direct Deposit with Telco, you can even designate a certain amount to be deposited into your Christmas Club account automatically. Then you don’t even have to think about it. It's done and available to you when the season hits.* Now that is something to be jolly about it!
Dividends are compounded and paid quarterly from the date of deposit on balances of $100 or more.
*Funds are available to withdraw between October 1 and December 31 without penalty.