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Consider Establishing Christmas Club Savings for Next Season

The presents. The parties. The price tag!

Christmas can mean incredible fun. But your smile will be even bigger if you've saved up year-round to cover the costs.

Withdraw your money in the (Saint) nick of time to pay for all that gift-buying and merriment-planning. And, since our Christmas Club savings accounts earn dividend payments, you can put some extra jingle in your pocket. So plan to put an extra jolt of jolly in your holidays next season.

  • No minimum balance
  • No monthly fees
  • Build your balance

    Setup direct deposit, setup automatic transfers from other accounts, or make regular deposits throughout the year.

  • Earn while you save

    Dividends are paid on this savings account at the end of business on September 30.

  • Automatic availability

    Funds are automatically transferred to regular/Membership Savings and available each year on October 1.

Open a Christmas Club Savings Account at any branch or by calling or texting our Member Service Call Center at 336-662-6200.

A $5 fee will apply if you choose to withdraw funds from this type of account prior to October 1.

 

Summit Credit Union is a full-service financial institution with eight branches throughout North Carolina.

Frequently Asked Questions

Your $5.00 on deposit in your savings account means you own one share of the Credit Union and are a part owner with full voting rights. Once you are a member/owner, you are eligible to take advantage of the other services available at the credit union. If your savings balance falls below the $5.00 requirement, you will need to make a deposit to bring the balance back to $5.00 to maintain your membership.

Our Christmas Club gives you a way to save money for end-of-year expenses. An account can be opened anytime during the year and can be accessed October 1 each year. You are able to take a partial withdrawal prior to October 1 with a $5 fee.