Christmas Club

Christmas Club Savings Account

Here's the perfect way to save for the holidays! Start saving a little every month with an automatic transfer from your Providence Bank checking account to your Christmas Club account. It makes next Christmas a little easier on your pocket book! Funds will be distributed by automatic deposit to your Providence Bank checking or savings account annually on October 15th, or the first business day thereafter, just in time for holiday shopping!

Summary
  • Competitive interest rate
  • Interest compounded and paid annually
  • No monthly service charge
  • $10 minimum balance
  • Funds deposited to your checking or savings account annually
  • Only one preauthorized transfer allowed per statement cycle
  • $2 charge for each transfer or withdrawal over the limit of one
  • Free online banking
  • Free mobile banking
  • Free eStatements
  • Free telephone banking
  • $10 minimum opening deposit