FAQS

Q. What is Christmas Club?
A. It is a one year savings account designed to help you save in advance towards your Christmas Expenses. Our Christmas Club is ideal for  you to save  towards your Christmas expenses. 




Q. How Does It Work?
A.
  • Deposit a minimum of $200 weekly from December through to November of the next year.
  • The plan will mature on the 30th of November each year at which point, you can access all your savings along with a Bonus Interest from your Credit Union.


Conditions
  • If one payment is missed it has to be deposited along with the next payment that becomes due
  • If you choose to discontinue your savings before November, interest will only be paid on the amount deposited at the time the account lapsed.
  • You must open a Share Account with this Credit Union.
  • Must present a valid picture identification at the point of withdrawal.