Christmas Club Account

Ease the stress of holiday spending with an interest-bearing Christmas Club Account.

During the year, make weekly deposits into your Christmas Club Account. With this interest bearing account, you’ll be earning money while your funds are on deposit. We will mail you a check for the balance of your account before November 1st, just in time to begin your holiday shopping.

Build Your Savings

  • Earn Interest 
  • Interest compounded daily and credited monthly
  • No minimum deposits
  • No monthly maintenance fees 
  • Make deposits at your convenience

Requirements & Fees

  • Open with a $5 minimum deposit
  • No withdrawals or closing of the account is permitted during the term of the account

Which Account Fits You

Relationship Savings

Statement Savings

Classic Money Market

Earn E. Eagle Savings

Benefits
Interest PaidYesYesYes, tiered interest rates and APYs*Yes
Minimum BalanceNo$300NoNo
Monthly Service Fees:No$3.00**NoNo
Requires Additional First Federal Bank RelationshipsYesNoNoNo
Debit CardYes, if it is linked to First Federal Bank Checking AccountYes, if it is linked to First Federal Bank Checking AccountNoNo
Transaction Limits6 transfers per statement cycle6 transfers per statement cycle6 transfers per statement cycle6 transfers per statement cycle
Minimum to Open Account$50$5$500$5

*APY=Annual Percentage Yield.