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 Welch State Bank’s interest-bearing Christmas Club account is an excellent way to save for the Holidays, making things easier on your bank account when Santa comes to town.
You decide how much to save, and how often. If you prefer, Welch State Bank can automatically debit your checking account, making it easier to save.
When the Holidays roll around and you need the extra cash the most, we’ll mail your check. Call today and find out more about our Christmas Club Accounts.
Small amounts saved regularly can give you the amount you need for Holiday travels, festivities and gifts!
Saving Money Each Week
(Based on 52 Deposits) |
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Saving Money Every Two-Weeks
(Based on 26 Deposits) |
Amount Deposited Each Week |
Total Amount Saved (plus you’ll receive the interest earned) |
|
Amount Deposited Every Two- Weeks |
Total Amount Saved (plus you’ll receive the interest earned) |
$5.00 |
$260.00 |
|
$10.00 |
$260.00 |
$10.00 |
$520.00 |
|
$25.00 |
$650.00 |
$15.00 |
$780.00 |
|
$30.00 |
$780.00 |
$20.00 |
$1,040.00 |
|
$40.00 |
$1,040.00 |
$25.00 |
$1,300.00 |
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$50.00 |
$1,300.00 |
Minimum to Open |
$1.00 |
Monthly Maintenance Fee |
FREE |
Interest Bearing |
YES |
Withdrawals |
None allowed during the year
Balance plus interest mailed in October of each year |
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