Christmas Club
SAVE COMFORTABLY NOW, SPEND CONFIDENTLY LATER
5.00% APY*
ON BALANCES UP TO $3,000
- Transfers will be made to the account throughout a 12-month cycle on either a weekly or monthly basis at your option.
- Interest will accrue on transferred funds during the cycle and will be credited to the account at the end of the 12-month cycle.
- To get started you must draft from a Community Bank checking account.
Don’t have a Community Bank checking account? Get started here:
Once you are ready to open a Christmas Club account please visit your nearest location to sign up to start saving.
*Annual Percentage Yield effective as of 10/23/23. Rate may change after the account is opened. An interest rate of 5.00% will be paid only for that portion of your daily collected balance that is $3,000.00 or less. An interest rate of 0.05% will be paid only for that portion of your daily collected balance that is greater than $3,000.00. The annual percentage yield will range from 0.05% to 5.00%, depending on the balance in the account. Community Bank checking account with draft to Christmas Club Account. Limit two accounts per customer. Fees may reduce earnings. All funds are paid out at the end of the account’s term in October of the calendar year in which contributions end. Ask a customer service representative for details. Penalty for early withdrawal. Member FDIC.
Learn more about our Financial Literacy Resources