Club Accounts
Start saving for that special something. Whether it's a new car, a long vacation, or just a Christmas fund, you can use this account to set aside funds where they can earn a good rate of return. Set up a recurring transfer so your balance can grow, and when you're ready to make the purchase, the funds will be waiting for you!
- Summary
- Save for a specific expense
- Dividends accrue monthly, posted quarterly
- No monthly fees
- Unlimited deposits
- Online banking and e-Statements
- Free telephone banking
- Direct deposit and payroll deduction available
- Insured up to $500,000
TIP: Use our payroll deduction or direct deposit options to meet your saving goals faster and more easily.
For Christmas Club accounts, funds are transferred to your share savings or share draft (checking) account in October of each year.
- Excessive Share Insurance (ESI)
At VacationLand Federal Credit Union we offer $250,000 of Excess Share Insurance (ESI) on all of our accounts, which is added to the NCUA limit of $250,000, for a total of $500,000 in insurance coverage. That's double what most institutions offer!
