Brighten your holidays with Christmas savings
With a Christmas Club account, you earn interest on your deposits throughout the year. Every November, you receive a check for the total balance, giving you a lump sum just in time for the holidays. Opening your account is simple, and it all starts with just $10.
Despite its festive name, many people use Christmas Club accounts to save for vacations or large purchases. The main advantage is the ability to "set it and forget it," eventually receiving a lump sum of money to utilize for its intended purpose.
Christmas Club Account
Accounts features:
- Minimum opening deposit of $10
- Earn interest on your savings1
- Account matures on October 31
- Unlimited deposits throughout the year
- Withdrawals are not allowed
- Monitor balance and manage account via online and mobile banking
A Christmas Club account spares you the hassle of tweaking your budget during the holiday season. Once the account matures, the funds are made available right in time for Christmas. If you have a Midstates Bank Checking account, you can request the money from your Christmas Club be transferred upon maturity, ensuring easy access to your savings.
We make it simple to save. Apply online for a Christmas Club account or call us at 1-888-710-9070.
1A minimum balance of $10 is required to obtain the current Annual Percentage Yield. Rates are variable and are subject to change . Fees could reduce your earnings.
Midstates Bank is a full-service financial institution with branches throughout western Iowa.