Set a goal, stash some cash
No, we’re not talking about a golf club. Or a chess or sewing club. Or the wooden clubs Vikings once used to beat each other about the head. Financial institutions offer savings clubs to people looking to amass money especially for winter holiday shopping or special vacations. Basically, you set aside a few bucks here and there until the designated date comes. When the account matures, you collect all your cash and we pay you interest. Now that’s a club that’s hard to beat.
Here’s how to get the most out of our Club Savings Accounts:
- Start slowly. We’ll pay interest on balances as low as $5.
- Keep it growing. Make deposits at a branch, by direct deposit or through automatic transfer from another Workers account.
- The big payoff. Vacation and Holiday Club Accounts earn dividends that are compounded daily and paid at maturity.
- Easy access. When the account matures, funds can be transferred directly to a Workers savings or checking account.
Workers Credit Union provides banking services to greater Chelmsford, Westford, Acton, Groton, Townsend, Lunenburg, Lancaster, Leominster, Fitchburg, Orange, Lowell, Worcester, and Athol, MA. Open your Club Savings account online or contact us with any questions.