It seems we end up spending more than we anticipated just about every holiday season. Why not lessen that financial pressure by putting a little cash away ahead of time? Your credit union offers special savings accounts called Christmas Club Accounts that will help you to save more and earn more over the course of the year!

The Annual Percentage Yield increases when you maintain a higher balance. Dividends are paid quarterly but cannot be withdrawn until the holiday season. Of course, funds on deposit are insured up to $100,000 by the NCUA.