Christmas Club Accounts

Christmas Club Accounts offer you a way to avoid unnecessary debt by helping you save for holiday expenses throughout the year. Deposit money each payday through automatic transfers or payroll deduction & watch your holiday savings add up. 
Monthly Service Charge/Minimum Balance None
Deposit Requirements None
Funds Availability On November 1, the funds are transferred into a member's prime share account.
Withdrawal Limit Regular withdrawals are not allowed from this account, but to accommodate members who want to shop early or have an emergency, we will permit one withdrawal annually in addition to the November 1st transfer.
Dividend Rates .10% APY
Dividends are compounded and paid monthly based on the average daily balance. The dividend rate and APY may change every dividend period as determined by the Board of Directors.

If your account is closed before dividends are paid, you will not receive the accrued dividends. To avoid a loss of dividends please keep your account open with a minimum balance until the first business day of the following month.
Automatic Deposits Automatic transfers or payroll deduction may be set up to help you systematically save.
Statements Issued Quarterly by If you have a checking account or electronic transactions post to your prime shares, monthly statements are provided.
ASI Insured Funds are insured up to $250,000 per account. By members choice, this institution is not federally insured. Click here for more information regarding ASI.

APY = Annual Percentage Yield

To request a Christmas Club Account Agreement, e-mail or call (815) 267-7700 or (866) 469-6228