Christmas Club
This special-purpose account is designed to help you save for Christmas shopping expenses. Simply budget how much you want to spend during the holidays, then make deposits into your account during the year to cover it. You can even schedule automatic deposits from other United Bank checking or savings accounts. Funds are paid out with interest in mid-October, and you pay no service fees with these accounts.
| Minimum opening deposit | $5 |
|---|---|
| Monthly service charges | None |
| Balance required
to avoid monthly service charges |
None |
| Interest | Paid annually when account "pays out" No compounding |
| Withdrawals | Not allowed. Early withdrawals will close account with no payment of interest. |
| Features |
|
Equal Housing Lender.