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A Savings Club account is an interest bearing, service charge free savings account in which customers can make deposits up to $500 per business day. The account reaches maturity the first week of October each year and is paid to the customer via check or direct deposit, depending on the payment option selected by the customer.
Summary
Interested in opening a Savings Club account? Visit any one of our nine branch locations today!
*Closing a Savings Club account early - If a customer wishes to close their savings club prior to maturity, any accrued interest is forfeited and an early withdrawal penalty fee of 1% of the principal balance or $25 (whichever is greater) will be assessed.
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