Christmas Club

Balance Requirements

• There is no minimum balance requirement to open a Christmas Club account.
• There is no minimum balance requirement to earn interest on this account.

Service Charges During the Activity Period

• No service charges apply during the activity period.

Compounding and Crediting

• Interest on Christmas Club accounts is not compounded. Interest is added to the account balance on the last day of the activity period.

Accrual of Interest on Non-Cash Deposits

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

Transaction Limitations

• Withdrawals on Christmas Club accounts are disallowed.
• Final distributions is the third week of October.

Additional Information

• The interest rate and annual percentage yield are available at the New Accounts desk.
• This is not a full disclosure of all terms and conditions of this account. Additional information is available at the New Accounts desk.