Christmas Club Savings Accounts
Are you looking for an account to help you budget for the Christmas holidays? Come see us at the Homestead! Our new Christmas Club account will help you prepare by saving money.
|Rate Information:||Contact your local branch for this information|
|Frequency of rate changes:||The rate may change every November 1, with the annual renewal of the Christmas Club Savings Account.|
|Compound and crediting frequency:||Will not be compounded. Interest will be credited to your account on a specified date in October.|
|Minimum balance to open the account:||You must deposit $10.00 to open this account.|
|Minimum balance to avoid Imposition of fees:||No service charge.|
|Minimum balance to obtain the annual percentage yield disclosed.||$10.00|
|Transaction limitations:||Deposits can be made at any time from November 1st thru a specified date in October but not to exceed $3,000 for the term of the account. No withdrawals are allowed. At closeout account balance will be transferred to an account of the customers choosing. Checks will not be mailed.|
|Fees:||An exit charge fee of $20.00 will be charged if the account is closed prior a specified date in October.|
|Per check charge:||no checks for this account|
|Visa check card/ATM:||no|
|Free checks:||no checks for this account|
for lost or stolen debit card.