Christmas Club

Each year thousands of New England Credit Union members experience an enjoyable and more affordable Christmas thanks to the money saved in their Christmas Club Account.

Great features including a competitive interest rate, unlimited deposits, no account keeping fees and restricted access ensure you are not tempted to draw on the account before it is really needed.

An added bonus is the ability to have funds automatically credited to the account on a regular basis with NECU’s Direct Pay service. Open an account today and save for Christmas the easy way.

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Product Details

- Deposits can be made for any amount over the counter, by periodical payment or via direct credit.

- Withdrawal of funds is only allowed during the months of November or December to ensure your money is there when it is needed.

- Swift Access (Phone Banking) & Web Access (Internet Banking) can provide balances all year round. During November and December funds can be transferred from your Christmas Club Account to other accounts using these services.

- Interest is calculated on the minimum monthly balance and paid to the account on the 31st October.

How do I apply?

It’s easy, simply call 132 067 or visit any branch to discuss how New England Credit Union can meet your financial needs.

To use this facility you must be a member of New England Credit Union. Membership can be obtained by purchasing one $10 share which is refundable on resignation. Call 132067 for more information.

For a list of current interest rates


Product Brochure (2.3mb)

Disclaimer


New England Credit Union Ltd is the issuer of Direct Pay and the Christmas Club Account.