Dividends are earned.
Statements are mailed quarterly.
Deductions generally begin during the first week of November and are disbursed the following November. That means if you are paid bi-weekly and put in just $20.00 each check (26 pay periods) you would have saved $520.00. The funds can then be mailed to your home address, transferred to your Members Trust checking account or withdrawn at an ATM using your Credit Union STAR card. (Application required) Once you have enrolled, the deduction will continue into your Holiday Club account for that amount year after year...you don't have to do anything else unless you wish to change the amount.
The Holiday Club Account is not meant to be used as a regular savings. Should you wish to close the account or make a withdrawal you may do so but there is a $10.00 early withdrawal penalty. The only requirement is that you must be a member with $5.00 in your regular savings account.
Your Holiday Club will help you save money for shopping, decorating, traveling or other holiday spending, all while earning competitive market rate dividends.
Accounts can be opened anytime during the year, no need to wait until November.
Click here to print and fax the Holiday Club Enrollment form.
