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Holiday Club
The Holiday Club Account may be the perfect way for the Member to save
for his/her holiday expenses. Through payroll deduction or other regular
deposits, the member will save systematically and painlessly. Funds are
transfered to a Greylock N.O.W. Checking or Share Account in early October, allowing the Member plenty of time to shop
for gifts or plan a winter vacation.
- A $5 minimum balance is required to open and maintain the Holiday Club Account.
- No monthly service fee is charged.
- Payroll deduction is an effortless, systematic way to save.
- Holiday Club accounts are available from October 1st of the current year to September 30th of the following year.
- Withdrawals from the club account prior to maturity (September 30th) are not permitted. If a withdrawal is necessary, the account must be closed and re-established on or after the following October 1st.
- Balance Computation Method - dividends are calculated by the daily balance method, which applies a daily periodic rate to the balance in the account each day.
- Dividends will be compounded daily and credited to your account on the last day of each month.
How to Become a Member and Open Your Holiday Account -
It's Quick and It's Easy
- Fill Out Our On-Line Member Application., or:
- Check out our other How to Join account options.
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