-
Account Ownership - same as on
your regular Share/Savings account
-
Automatic Deposits - have
payroll deductions from your employer deposited directly in to your
Christmas Club account
-
No
minimum balance required
-
No
monthly service fee
-
Day-in/day-out dividends compounded and paid monthly (rates same as earned
on Savings/Share Account)
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Available for withdrawal during November and December of each year
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Account closed if any early withdrawal of funds
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Surprise Christmas premium in November of each year
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Automatically renewed annually
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Your
deposits are federally insured up to $100,000 by the
National Credit Union
Administration (NCUA),
a U. S. Government Agency. IRAs insured
separately.