Embrace the Holiday Season with a Christmas Club Savings Account!
If your New Year’s resolution is to save for the upcoming holiday season, a Christmas Club Savings Account* could be the perfect solution.
Let’s face it, it’s easy to get swept up in the excitement of giving and spending during the holidays. From travel and gifts to cooking and decorations, budgeting becomes essential. Setting up a dedicated fund for holiday expenses can help you stay on track with your financial goals.
What is a Christmas Club Savings Account?
An account designed to help you set aside money specifically for holiday expenses- so you don’t have to tap into your emergency fund or regular savings. These accounts are paid out in October, just in time for holiday shopping. You can set up automatic monthly transfers or contribute when you have extra funds—whichever works best for you!
Benefits of a Christmas Club Account
- Save year-round for holiday expenses
- Separate from your checking and regular savings accounts
- Can use direct deposit or automatic transfers
- Funds are distributed in one lump sum
- Stress-free planning
*A CSB Christmas Club Account can be opened at any time and disburses on October 15th (or the next business day if the 15th falls on a non-business day). Payouts are distributed shortly after through direct deposit. Contact us to learn more about this convenient savings option. Visit a CSB personal banker for current interest rates and account details. A closure fee applies if you withdraw funds before the end of the club cycle. The account period ends on October 15th, or the following business day if the 15th is a non-business day.
