The Vacation Club Account is designed for those who may be savings for a specific purpose, long-term or short-term, or who are working towards a particular financial goal. With this account, YOU choose how long to save. When YOU are ready to withdraw cash, the entire amount must be withdrawn. No partial withdrawals may be made. This restriction makes it more difficult for you to access the funds except for the intended purpose. This is a great savings plan for travel, but it works well for other goals also.
There is no monthly service charge.
Interest is credited quarterly.
There is a $25.00 minimum deposit to
open the account. There is a dormant account fee of $2.00 charged
monthly if an account show no activity for 18 months or longer.
