United Bank of Union's Christmas and Vacation Club Savings
The UBU Christmas and Vacation Club Savings Account allows customers to deposit money or even set up auto debit for money to be taken out of their checking account and put into a special savings account that earns interest. Then, just before the holidays, UBU cuts a check to you (direct deposit is also available) for all of the funds, including interest, in the account that you can use for gifts, taxes, bills, or any other expenses.
Account Details:
- Payout dates are May 1 for Vacation Club and November 1 for Christmas Club
- No minimum balance or deposit schedule is required
- Unlimited deposits; no withdrawals
- Minimum initial deposit requirement of $1 to open