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.