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Club Accounts

Christmas Club

Christmas comes at the same time every year, but it often seems to sneak up on us. Plan ahead by using ēCO’s Christmas Club Account. Between grandkids’ wish lists, holiday travels, and making your famous holiday ham, let’s say you spend $1,200 on Christmas. Instead of including the total in your November or December budget, save $100 per month in your ēCO Christmas Club. You’ll be ready to tackle all of your holiday expenses, AND you’ll earn interest throughout the year.

The details:

  • Minimum Balance: $0
  • No Monthly Fee
  • Save automatically each month through payroll deduction or direct deposit.
  • Dividends are paid on a quarterly basis and are calculated by the average daily balance method.
  • Funds are disbursed in November. You can choose to have a check mailed to you or for the funds to be deposited in your Share Account.

Other Club Accounts

ēCO also offers customizable Club Accounts to help you save for specific purposes. Whether you want to set aside money for your dream vacation, your child’s braces, or home improvement projects, Club Accounts can be named and used to help you meet specific savings goals.

The details:

  • Minimum Balance: $0
  • No Monthly Fee
  • Save automatically each month through payroll deduction or direct deposit.
  • Dividends are paid on a quarterly basis and are calculated by the average daily balance method.

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