Holiday Club
Save All Year, for Stress-Free HolidaysEarn dividends in a dedicated holiday fund
At Service Credit Union, we believe the holidays are a time to give generously—not a time to stress over shopping bills. So we make it easy with our Holiday Club, which lets you make regular deposits all year long. When December rolls around, your gift budget is in the bag.
And it’s not just December: You can use a Holiday Club to save for any special event—earning 3.00% APY* up to $3,000 then .25% APY* for minimum average daily balances of $3,000.01. If you don’t happen to be near the North Pole or one of our branches, you can contribute online or by mail, or set up payroll deductions.
You can set up a special high-dividend savings account to set aside for the holidays or any special event. You decide how much you want to save, then make regular deposits. Open an account online, by phone or in branch.
- Have your funds transferred automatically.
- Make transfers online, through payroll deduction, at a branch or by mail.
Holiday Club Rates
| MINIMUM DAILY BALANCE TO OBTAIN APY | DIVIDEND RATE | ANNUAL PERCENTAGE YIELD | ||
|---|---|---|---|---|
| $0.01 - $3,000.00 | Tier 1 | 2.960% | 3.00% | Open a holiday club account Now |
| $3,000.01+ | Tier 2 | 0.250% | 3.00% - 0.26% | Open a holiday club account Now |
Rates accurate as of 09/01/22.
Service CU Member Reviews
*Annual Percentage Yield (APY) is accurate as of the last dividend declaration date of 05/01/23 and subject to change without notice. Dividends paid on actual daily balances of $3,000 and less at 3% APY. If the actual daily balance exceeds $3,000, the remaining balance will receive a dividend rate of 0.25% APY. Funds are disbursed on the first business day in November. One Holiday Club account allowed per tax reported owner. To qualify for a Holiday Club account, you must be an existing member or establish membership by opening a primary savings account with a minimum deposit of $5.