Christmas Club

Make the holidays easier to manage financially with a Christmas Club account.

  • Franklin Synergy Bank checking account required
  • Interest is paid on the account at maturity
  • Electronic deposits from your checking account
  • Electronic transfer (in October) of balance to your checking account
  • Minimum opening balance $100
  • Competitive variable rate of interest paid on the entire daily collected balance
  • No monthly fee
  • Fee for premature closing of account

*After 6 transactions, you may be subject to an excessive activity charge. Under Federal Regulation, transfers or withdrawals from a savings deposit or Money Market account by check, debit card or similar order payable to third parties are limited to six per month. If this limitation is exceeded on a regular basis, we are required to convert your account to another account that permits unlimited transactions. If you exceed the transfer limitations set forth above in any statement period, you account will be subject to closure by the financial institution.