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Christmas Club Account

An account which allows you to save throughout the year for Christmas. We deposit or send your money in early November - just in time for your Holiday Shopping!

The Christmas Club Account offers the following:

  • Interest bearing account
  • Make deposits as you can, or transfer funds automatically from other TrustBank accounts
  • Choose between having the balance direct deposited into your TrustBank checking or savings account or having a check mailed to you in November

Recommended if you:

  • Want an easy, systematic way to save money for Christmas

Benefits:

  • Can open an account for as little as $5.00
  • Earn an even higher interest rate when you automatically transfer money from another TrustBank account

Important Facts:

  • Account matures on October 31st of each year; the balance is deposited into your account or sent to you by check in November
  • Automatic transfers can be set up to deposit money weekly, bimonthly, or monthly
  • Interest paid at maturity

Fees:

  • Early withdrawal fee: $25.00 per withdrawal
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