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Club Accounts

Gift pile

Club accounts are convenient and can help you reach your savings goals. Open a club account to save for Christmas, vacations, summertime, weddings, and more!


Christmas Club Accounts

Open a Christmas Club Account at any time during the year to get a head start on saving for the holidays! This account earns a slightly higher rate of interest than many of our other savings accounts to maximize your money. We offer automatic transfers and payroll deductions to make it even easier to save!

Funds you save in your Christmas Club are disbursed at the beginning of November. When you open your Christmas Club Account, you have the choice of the following disbursement methods:

  • A check made payable to the primary account holder, which will be mailed to the address we have on file with your account,
  • A direct transfer into your checking account,
  • A direct transfer into your savings account, or
  • You may elect to keep the funds in your Christmas Club for you to withdraw from as necessary.

Please note that throughout the year, we charge a minimal fee to make withdrawals from your Christmas Club Account. This is to encourage you to keep saving and to keep earning interest on the money in the account. However, after the beginning of November and until the end of the year, withdrawals from your Christmas Club are free.


Summer and Vacation Savings Club Accounts

Make it the best summer ever or take the dream vacation you have always wanted – our Summer Savings Club Account and Vacation Savings Club Account will help you make it possible!

We are able to automatically transfer money from your checking or savings account into your Club Account to help you save without even thinking about it. If you have your paycheck direct deposited into your Commodore Perry FCU account, we can set up a payroll deduction to deposit money into your Club Account each time you get paid.

There is no set disbursement date for these accounts – you can withdraw the money whenever you decide to use it!


Wedding Club Account

Getting married? Congratulations! This is an exciting and busy time for many and the last thing you want to worry about is how you will save money for your wedding. Decide how much you need to save and when you need to save it by and we will help you make it happen. With automatic transfers and payroll deduction available, building your savings for this special day will be effortless.


Additional Savings Accounts

The first step to building a healthy savings is having a goal in mind – let us help you achieve your savings goals with our second and third savings accounts. Once you decide how much you would like to save over any period of time, we can set up automatic withdrawals from your checking or primary savings account to meet your goal.

There are many other possible uses for a second or third savings account. Contact our offices for more information on the different savings accounts we offer. Any of our member services representatives would be more than happy to find the option that best meets your needs.


View our current dividend rates for each Savings Club Account.