The tinsel and ornaments may have just been packed away, but it’s never too early to start planning for next Christmas. If you’re tired of the financial stress that often accompanies the holiday season, our Christmas Club account might be just what you need to turn things around. Instead of worrying about how to cover the cost of gifts and festivities, imagine having the money ready and waiting when the holiday season rolls around again.

Here’s how it works: when you open a Christmas Club account with Richwood Bank, you commit to setting aside a fixed amount of money each week throughout the year. By slowly building up your savings, you can avoid the last-minute scramble and the temptation to rely on credit cards, which can lead to post-holiday debt headaches.

Automatic transfers are a game-changer when it comes to saving with our Christmas Club account. Once you set up the automatic transfer, you can forget about it and watch your savings grow effortlessly. This hands-off approach keeps you on track with your savings plan without the need for constant monitoring or manual deposits.

Another key benefit of our Christmas Club account is the restriction on withdrawals before the payout date in November. While this might seem limiting, it’s actually a powerful tool to help you stay committed to your savings goal. By removing the temptation to dip into your savings for non-essential expenses, you can ensure that your Christmas fund continues to grow steadily throughout the year. And remember, the small sacrifice of temporarily forgoing withdrawals is well worth it when you experience the peace of mind and financial security that comes with having your holiday expenses covered.

Our Christmas Club account pays out at the beginning of November, just in time to kick off your holiday shopping. And here’s the best part: if you’ve made all your deposits before the cut-off date, you’ll receive a bonus. It’s our way of rewarding your commitment to smart financial planning.

While the name suggests it’s for Christmas, our Christmas Club account isn’t limited to holiday spending. Many of our customers use it to save for other big-ticket items like taxes or weddings. Essentially, it’s a stress-free way to automatically save a little each week towards a larger goal.

So, why wait? Start setting yourself up for a financially stress-free Christmas in 2024 by opening a Christmas Club account with us today. You’ll thank yourself when the holiday season arrives, knowing that you’ve already taken care of the budgeting and can focus on enjoying the festive season.