Start saving early and spread the costs of the holiday season throughout the year so you can enjoy a stress-free Christmas! Plus, use your account to save for other significant expenses.
*Christmas Club account maximum deposit is $300 per month. Early withdrawal fee of 60 days of dividends of the amount withdrawn apply or $5.00 minimum.
The Wasatch Peaks Christmas Club Account is here to help you save for the holiday season, but you can use the funds for other purposes too. Open an account today so you can make the most of Christmas in beautiful Utah!
You can use your account to save for any significant, planned expense that you can't cover from your usual monthly budget. Common uses of Christmas account funds include:
You can open a Christmas Club Savings Account at any time throughout the year. The earlier you open an account, the easier it will be to save money for the holidays or to cover your other planned expenses.
We will transfer the balance of your high-yield account to your savings bank account on October 6.
The annual percentage yield (APY) and dividend rate you get will be based on the current 1-Year Certificate Account Rate.
You will receive your dividends on October 6.
You can deposit up to $300 per month. You can easily make deposits at a branch or by using Online Banking, automatic transfers from your checking account, or payroll deductions.
The account is designed to help you manage your holiday spending or reach another savings goal, so you will likely need to pay a penalty fee if you withdraw funds before October 6.
To open an account, you simply need to qualify for Wasatch Peaks Credit Union membership. You can join if you are an immediate family member of an existing member-owner, including a parent, child, brother, sister, spouse, or surviving spouse.
Membership is open to people who live, work, worship, or attend school in:
Wasatch Peaks is a full-service financial institution and we welcome new members at any of our Utah branches: