A Christmas Club account lets you enjoy the season.
Make holiday shopping less stressful with a Christmas Club account. A Christmas Club account lets you make deposits and earn interest all year long. Then in mid-October, your savings are automatically deposited into your iAB checking or savings account – just in time for the holiday shopping season. For a systematic, no-hassle way to build your Christmas Club account, we recommend setting up automatic monthly transfers from your direct deposit, savings or checking accounts.
- $5 minimum opening balance.
- No monthly maintenance fees.
- Deposits can be made at any time.
- Earns interest.
- No early withdrawal penalties.
- More than 6 debit transactions per statement cycle will incur a $5.00 fee per transaction.