The Christmas season is one of the most joyful times of the year, but it can also be the most expensive. Buying wonderful gifts for loved ones can sure take a hit on your bank account. If you’re not prepared, it can be stressful! There is actually an account here at the Credit Union that is designed specifically to help save up for this time of the year!
In 1909 the first ever Christmas Club Account was created to help consumers save for Christmas. At that time there were only 350 total account holders. Today, people all over the country use this option to help save up money throughout the year, not only for Christmas but for other big events as well!
This account can easily be opened by visiting an MSR at one of our branches! Then you just deposit a little bit each month. On October 1st, the entire balance of the account will be transferred back to you, either by a transfer to your checking or savings account, or in a check. There are no restrictions on the amount of withdrawals or deposits made either, so if something unexpected comes up, you can use your Christmas savings without a penalty! Come on in to set up one of these fabulous accounts with us and start saving now!
PS – Christmas is only about 6 months away!
Post by: Emily P
Horizon Community Credit Union staff write each and every post for this blog. From recipes to product information, staff activities to financial suggestions, there's something here for you. Read on, and remember: Success is on YOUR Horizon...
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