Holiday Club Account

Your interest rate and annual percentage yield may change.

At our discretion, we may change the interest rate of your account.

We may change the interest rate on your account at any time.

There are no maximum or minimum interest rate limits for this account.

Interest will be compounded semi-annually (May 5 & Nov 5) and will be credited to your account semi-annually (May 5 & Nov 5).

Interest may be forfeited if the amount of interest to be paid is less than $1.00 at the time the account is closed. The account cannot be reopened.

Deposit requires $50 to open. You must maintain a minimum daily balance of $100 in the account each day to obtain the disclosed annual percentage yield. You will earn interest for every day during the period that your account equals or exceeds the minimum daily balance requirement.

This account may not exceed $2,500.

We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Interest begins to accrue on the business day you deposit non-cash items (for example, checks).

You may deposit as frequently as you wish. No withdrawals may be made from this account.

Customers are limited to one holiday club account per household. You will receive an annual statement. The balance of your account will be paid to you in check form on Nov 5 of each year. A deposit will need to be made by Dec 31 to keep the account open for the following year.

*Variable Rate-Rates May Change After Account Is Opened