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Northeast Iowa
Central Iowa
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Christmas Club Account
Make saving money for the Holidays worry-free! Automatic Deposits into your Christmas Club Account will ensure you'll have money saved when the Holidays arrive - traditionally earning a higher interest rate than a standard savings account.
How it works:
- Open a Christmas Club Account between November 4th and December 31st, 2013
- Set-up Automatic Deposits weekly or monthly into the Christmas Club Account
- Interest will will accrue as it is compounded monthly
- On October 17th, 2014 the account will reach maturity, close, and funds deposited or sent to you.
- Sign up again immediately for next year's Christmas Club!
Limits:
- Minimum Deposit of $5 per week or $20 per month
- Maximum Deposit of $100 per week or $400 per month
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Interest Rates
| Christmas Club Account (See Limits Above) |
| Deposit Amount |
Interest Rate |
APY |
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*Must maintain the minimum daily balance to obtain the disclosed APY (Annual Percentage Yield). Christmas Club Account is a variable interest rate account; the interest rate(s) and APY(s) may change after the account is opened. You will receive the advertised rate for the first 30 calendar days. The rate will never be decreased without 30 days written notice. A $20.00 fee will be charged if the account is closed before October 18, 2013. Fees incurred may reduce earnings.
**Automatic Deposit is recommended; however physical/manual deposits will be allowed. At maturity the funds will be paid direct deposit to an account (preferred) or by check. This account is non-renewable; you must sign up again each year.
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"Local People, Local Decisions, Local Investments"
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