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CHRISTMAS CLUB II

The Christmas Club II account allows members, who want to save for Christmas, to withdraw all of their Christmas club money in November of each year. There is a $15.00 penalty for early withdrawal.

Here are the highlights of the product:

  • The savings must remain on deposit until November of each year to receive the dividend.
  • Funds will automatically be distributed to the members share account.
  • The Board of Directors will determine the dividend rate in September. See the Rates and Fee Schedule for full details and disclosures.