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CHRISTMAS CLUB ACCOUNT

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.

 

 

Benefits of a Christmas Savings Account

Earn the same great rates as our 12-month Certificate and receive your funds on October 6 in time for the holidays.

Open an account!

Christmas Savings rates

Account
Minimum
APY
Dividend
Paid
Christmas Club
$5.00
4.25%
4.17%
Monthly

DETAILS OF OUR CHRISTMAS SAVINGS ACCOUNT

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!

  • Terms are the same as our 1-Year Certificate Account as of October 1st of each year.
  • The balance of your account is transferred to your Savings Account on October 6th of each year.
  • Use the funds for all kinds of holiday expenses, including gifts, travel, family meals, decor, and more. 
  • You can also use your account to save for property taxes, a dream vacation, or another planned expense.
  • You can make deposits of up to $300 each month.
  • Use payroll deduction or automatic transfer to easily schedule your savings.
  • Dividends are calculated daily and paid on October 6th.

HOW TO OPEN A CHRISTMAS CLUB ACCOUNT

  1. Become a member of the credit union if you haven't already joined.
  2. Make your initial deposit of at least $500 into your Christmas savings account
  3. Contribute up to $300 a month.
  4. Watch your balance grow as it earns dividends.
  5. Receive your funds on October 6 – ready for the holidays!

Open an account!

CHRISTMAS ACCOUNT FAQ

Check out more ways to save!

Learn more about our Savings, Budget, and Kids accounts.