In fact, you can create a club account for any purpose!
All clubs earn dividends monthly. You can track your club savings with your monthly member statement. Call us for further information or to open one of our club accounts.
Make a weekly direct deposit to your account. Funds earn the same great rates as your share account. Funds are transferred to your share account on October 1st.
This club is similar to our original Holiday Club except the Holiday Saver has an interest rate of .50% over the current savings rate and you are required to direct deposit a minimum of $5.00 per pay period. There are no withdrawals or transfers allowed. The funds are transferred to your share account Oct 1st.
Same easy direct deposit option with funds available when you are ready to use it.
If club contributions are made by direct deposit, the club will continue indefinitely. No need to make a phone call to keep your savings unless you wish to increase your distribution.
Stewart's Federal Credit Union 2023