Christmas Club Account
A WCCU Christmas Club Share Account allows you to prepare for holiday spending while earning interest on your savings. You may deposit on your own schedule, set up automatic transfers from another WCCU account, or set up payroll direct deposit for your account for weekly or bi-weekly deposits.
Christmas Club Details
- Interest is paid annually
- Interest Rate: 0.25% APY (as declared by the Board of Directors, as of 11/1/2013)
- Interest is paid on October 31 and the funds will be transferred automatically to your Regular Share Savings Account on November 1 of each year.
- You may access your funds at any time throughout the year; however, there is a $5.00 service fee for each early withdrawal from your Christmas Club Account. Earnings may be reduced if the early withdrawal fee is assessed.
- There is a $5,000 maximum balance for Christmas Club accounts.
- Christmas Club accounts hold a suffix of 009
