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We all know how hard it is to come up with the money for Christmas gifts all at once. But what if you could have all of your Christmas money already set aside by November? By opening a Christmas Club account at State Employees Credit Union, you can get a head start on Christmas for this year and now is the perfect time to start saving.

So how does a Christmas Club work? If you have direct deposit with us, we will set up an automatic transfer of funds every time you get paid. You determine how much you want to deposit and there is no minimum amount required.  If you do not have direct deposit, you can deposit however much you want, whenever you want. By making regular deposits, you won’t even miss the money each month. Plus, you may even earn a little extra. Balances over $300.00 earn dividends and we offer competitive rates.

On November 1^st, the amount that is in your Christmas Club automatically transfers to your savings account. You can withdraw the money with no penalty from November 1^st through January 31^st .

So, let’s do the math: If you save just $20.00 every two weeks for 25 pay periods, you will have $500.00 in your Christmas Club account by December! If you know how much you’ll need for Christmas, you can adjust your deposit amounts so that you don’t have to come up with a single penny by the time Black Friday rolls around!

Christmas will be here again before you know it. The more you put in, the more you will have for your Christmas shopping. Best of all, you won’t have to use a credit card and there won’t be any stress about how you’re going to pay for all those gifts. Come into our branch and set up your Christmas Club account today!