Christmas Club Savings and Certificate
Savings
NCUA Insurance
Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the US Government.
It's never too early to start saving for Christmas! We give you two great ways to save!
Christmas Club Savings Accounts
A P&S Credit Union Christmas Club Savings Account is a great way to save for your holiday expenses. This account offers an affordable savings method and is designed to help save money separately for the holidays. The best part is you control the way to contribute to your Christmas Club account. Simply set up weekly or monthly automatic deposits from your checking account, direct contributions, or transfers through our online banking system (both must be held at P&S Credit Union), or you may come in and make your weekly or monthly deposits in person. You can’t lose! You only save with our P&S Credit Union Christmas Club Savings Account.
How does the Christmas Club Savings Account work?
- This account does not allow regular withdrawals.
- A minimum of $5 is required for deposit.
- Dividends are earned on the average daily balance, paid annually.
- Dividends are paid on October 31st of each year.
Christmas Club Certificate
Earn a higher interest rate with our Christmas Club Certificate. You can save for the holidays by adding a little at a time or a lot along the way.
How does the Christmas Club Certificate work?
- This account does not allow regular withdrawals. Interest penalties apply.
- A minimum of $5 deposit is required.
- Dividends compounded monthly, paid at maturity.
- Dividends are paid on October 31st of each year.
- At maturity the account total is deposited into your P&S checking account.
- The certificate will automatically renew.
- Maximum balance of $10,000
Open a Christmas Club Savings Account or Christmas Club Certificate today!
Click Here to open your account. If you have any questions please email memberservices@pandscu.org or call us at: (801) 973-0575.