Specialty Accounts

Christmas Club

A Christmas Club is a savings account which is designed to limit your access until November 1st.  This allows you to build up a savings for holiday shopping.

Christmas Club accounts may be opened at any time between November 1st and May 1st.

Partial withdrawals will be allowed from the Christmas Club account with a $5.00 per transaction fee.

A $5.00 closing fee will be assessed on all Christmas Club accounts closed prior to maturity.

Dividends are paid on all open Christmas Club accounts with a balance effective on November 1st of each year. Computation of dividend is on the daily balance.  No Dividend will be paid on a Christmas Club closed prior to maturity.  After dividends are paid, the Christmas Club balance will be transferred to the member’s savings account.

 

Vacation Club

A Vacation Club is a savings account which is designed to limit your access until June 1st.  This allows you to build up a savings for a summer vacation.

Vacation Club accounts may be opened at any time between June 1st and January 1st.

Partial withdrawals will be allowed from the Vacation Club account with a $5.00 per transaction fee.

A $5.00 closing fee will be assessed on all Vacation Club accounts closed prior to maturity.

Dividends are paid on all open Vacation Club accounts with a balance effective on June 1st of each year. Computation of dividend is on the daily balance.  No Dividend will be paid on a Vacation Club closed prior to maturity.  After dividends are paid, the Vacation Club balance will be transferred to the member’s savings account.

 

Golden Advantage Club

How you benefit:
  • Free checks (one box ordered per time-basic checks)
  • Free Money Orders
  • Free Cashier Checks
  • Free use of coin machine
How to qualify:
  • Must be at least 45 years of age
  • Have a combined total of $2,500.00 in accounts (savings/checking/loans, etc.)
  • Cost is $2.00 per month charged to your account each anniversary date

 

Individual Retirement Accounts (IRA)

CFFCU has both Traditional and Roth IRAs.  To learn more about the IRA options please visit the IRS website.

 

Health Savings Account (HSA)

HSAs are designated to cover medical expenses.